Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Given Average Rating of “Moderate Buy” by Analysts

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has earned an average rating of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $25.00.

Several brokerages have recently commented on KTOS. JMP Securities reaffirmed a “market outperform” rating and issued a $27.00 target price on shares of Kratos Defense & Security Solutions in a research report on Tuesday, October 1st. Robert W. Baird upped their target price on Kratos Defense & Security Solutions from $22.00 to $35.00 and gave the company an “outperform” rating in a report on Monday, September 23rd. Benchmark restated a “buy” rating and set a $25.00 price target on shares of Kratos Defense & Security Solutions in a report on Friday, September 13th. Finally, Truist Financial reiterated a “buy” rating and issued a $27.00 price objective (up previously from $25.00) on shares of Kratos Defense & Security Solutions in a research note on Thursday, September 26th.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 6,000 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $22.54, for a total transaction of $135,240.00. Following the completion of the transaction, the chief financial officer now owns 291,898 shares of the company’s stock, valued at $6,579,380.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Deanna H. Lund sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $22.54, for a total transaction of $135,240.00. Following the completion of the transaction, the chief financial officer now directly owns 291,898 shares in the company, valued at $6,579,380.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Marie Mendoza sold 1,355 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $20.07, for a total transaction of $27,194.85. Following the completion of the sale, the senior vice president now owns 63,393 shares in the company, valued at approximately $1,272,297.51. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 65,091 shares of company stock worth $1,476,671 over the last 90 days. Insiders own 2.27% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in KTOS. Contravisory Investment Management Inc. increased its stake in Kratos Defense & Security Solutions by 68.7% during the third quarter. Contravisory Investment Management Inc. now owns 1,090 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 444 shares during the period. Farther Finance Advisors LLC increased its position in shares of Kratos Defense & Security Solutions by 582.3% during the third quarter. Farther Finance Advisors LLC now owns 1,078 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 920 shares during the period. MFA Wealth Advisors LLC bought a new stake in shares of Kratos Defense & Security Solutions during the second quarter valued at approximately $30,000. PNC Financial Services Group Inc. raised its stake in shares of Kratos Defense & Security Solutions by 222.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,777 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 1,226 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in Kratos Defense & Security Solutions in the second quarter worth $36,000. Institutional investors and hedge funds own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Trading Down 0.0 %

Shares of KTOS opened at $24.19 on Friday. The company has a current ratio of 3.13, a quick ratio of 2.56 and a debt-to-equity ratio of 0.14. Kratos Defense & Security Solutions has a 1-year low of $16.36 and a 1-year high of $25.91. The stock has a market capitalization of $3.65 billion, a P/E ratio of 345.57 and a beta of 1.02. The business’s 50-day moving average price is $23.34 and its 200 day moving average price is $21.36.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Wednesday, August 7th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Kratos Defense & Security Solutions had a net margin of 0.89% and a return on equity of 3.92%. The business had revenue of $300.10 million for the quarter, compared to analyst estimates of $276.08 million. During the same quarter in the previous year, the business earned $0.05 earnings per share. The firm’s revenue was up 16.8% compared to the same quarter last year. Analysts expect that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current year.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter.