To find the best stocks to buy requires a lot work to do, investors always felt disoriented when trying to pick a decent stock, therefore, following analysts’ recommendation might be a good choice, as they are more professional and more savvy than the ordinary investors. There are three stocks coming in with high profile, and worthy of your time to have a glimpse.
According to the data provided by Face Set, six analysts averagely gave KEYW Holding Corp. (KEYW) stock a “Buy” rating and set an average price target of $16.20, suggesting a 24.71% upside to the current KEWY stock price of $12.09. KEWY stock price delivered a whopping year-to-date gain of 75.54%. The company enhanced it business by an acquisition recently: KEYW announced to buy Sensage, Inc., a privately held security information and event management (SIEM) vendor for $18.0 million in cash and up to $16.5 million in KEYW common stock. The deal will strategically support “Project G,” a Cyber awareness and response platform under development by KEYW and is expected to slightly accretive to KEYW’s fourth-quarter 2012 financial results.
The company also expanded its cyber awareness business in the healthcare industry which seeing a significant increase in cyber breaches by partnering with Aon and Kaufman Borgeest & Ryan.
The current KEYW stock price is 95.05% higher than the 52-week low of $6.66 and 9.67% below the 52-week high of $14.38, which was hit after analysts at Sterne Agee raised its price target on KEYW stock from $14.00 to $16.00 on Friday. The stock is currently above its 50-day moving average and 200-day moving average, which is settling at $11.21 and $8.91, respectively.
KEYW is a provider of cyber security and cyber superiority solutions, services and products supporting the collection, processing, analysis and use of intelligence data and information in the domain of cyberspace.
Tnformation technology consulting company Perficient Inc. (PRFT) is also recommended by analysts as one of the best stocks to buy. According to the data by FactSet, analysts averagely set a “buy” rating on this stock with an average target price of $15.25, implying a 32.96% to the current PRFT stock price of $11.47.
For the second quarter ended June 30, the company posted a 30% year over-year increase in its net income on a 24% increase in revenue primarily from strong bookings in the first quarter. Perficient’s strong quarterly performance coupled with the successful completion of two recent acquisitions enable the company to raise the full-year revenue guidance range. In February 2012, the company acquired PointBridge Solutions, LLC. In July 2012, the company acquired Northridge Systems, Inc.
The company recently announced it will serve as a Silver Sponsor at TIBCO’s TUCON 2012 conference. With one of the largest certified TIBCO consulting teams in North America, Perficient provides clients with proven expertise in TIBCO products.
PRFT stock price has risen 15.59% since the beginning of this year and is 78.94% above the 52-week low of $6.41 while 15.29% below the 52-week high of $13.54. The current stock price is a slightly below the 50-day simple moving average of $11.67 and a little higher than the 200-day moving average of $11.39. Some key metrics of PRFT look very attractive, the stock is priced modestly by at a P/E multiple of 26.67x by comparison to the peer group average of 27.90x. PEG ratio is 0.62, a 55.71% discount to the peer group average of 1.40. P/S ratio is 1.34, a 33.99% discount to the peer group average of 2.03.
Perficient, Inc. is an information technology consulting firm which designs, builds and delivers technology solutions using third party software products various enterprise companies primarily.