Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) receives an average rating of “Moderate Buy” from analysts

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Get Your Free Report ) has earned an average rating of “Moderate Buy” from the ten research firms that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $25.00.

Several brokerages have recently commented on KTOS. BTIG Research began coverage on shares of Kratos Defense & Security Solutions in a report on Wednesday, June 26th. They set a “neutral” rating on the stock. Royal Bank of Canada boosted their price target on Kratos Defense & Security Solutions from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. Truist Financial reissued a “buy” rating and set a $27.00 target price (up from $25.00) on shares of Kratos Defense & Security Solutions in a research note on Thursday. Benchmark reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Friday, September 13th. Finally, Robert W. Baird lifted their price target on Kratos Defense & Security Solutions from $22.00 to $35.00 and gave the stock an “outperform” rating in a research report on Monday , September 23.

See the latest stock analysis on KTOS

Price performance of Kratos defense and security solutions

NASDAQ:KTOS opened at $23.29 on Monday. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 72.56 and a beta of 1.02. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.13, and a quick ratio of 2.56. The company has a 50-day simple moving average of $21.82 and a 200-day simple moving average of $20.33. Kratos Defense & Security Solutions has a 1 year low of $14.33 and a 1 year high of $24.08.

Kratos Defense & Security Solutions (NASDAQ:KTOS – Get Your Free Report ) last posted 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 return on equity of 3.92% and a net margin of 0.89%. The company had revenue of $300.10 million during the quarter, compared to the consensus estimate of $276.08 million. During the same period last year, the company earned $0.05 per share. Kratos Defense & Security Solutions revenue rose 16.8% year over year. equities analysts predict that Kratos Defense & Security Solutions will post 0.31 EPS for the current year.

Insider trading at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, SVP Marie Mendoza sold 1,355 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $22.12, for a total transaction of $29,972.60. Following the transaction, the senior vice president now owns 61,963 shares of the company’s stock, valued at approximately $1,370,621.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. In other Kratos Defense & Security Solutions news, SVP Marie Mendoza sold 1,355 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $22.12, for a total transaction of $29,972.60. Following the sale, the senior vice president now owns 61,963 shares of the company’s stock, valued at approximately $1,370,621.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $22.68, for a total value of $158,760.00. Following the completion of the transaction, the insider now directly owns 377,322 shares of the company’s stock, valued at $8,557,662.96. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 63,210 shares of company stock worth $1,385,072. 2.27% of shares are currently owned by corporate insiders.

Institutional trading of Kratos Defense & Security Solutions

A number of institutional investors have recently modified their holdings of KTOS. TFO Wealth Partners LLC grew its position in Kratos Defense & Security Solutions by 120,800.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,209 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 1,208 shares in the last quarter. MFA Wealth Advisors LLC acquired a new stake in shares of Kratos Defense & Security Solutions in the second quarter valued at $30,000. NBC Securities Inc. acquired a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth $33,000. PNC Financial Services Group Inc. raised its position in Kratos Defense & Security Solutions by 222.5% during the 4th 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 during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in Kratos Defense & Security Solutions in the second quarter valued at about $36,000. 75.92% of shares are currently owned by institutional investors.

About Kratos Defense & Security Solutions

(Get a free report

Kratos Defense & Security Solutions, Inc operates as a technology company serving the defense, homeland security and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company provides ground systems for satellites and space vehicles, including command and control, telemetry and tracking and control software; jet-powered unmanned aerial drone systems, hypersonic vehicles and missile systems; propulsion systems for drones, missiles, stray munitions, supersonic systems, spacecraft and launch systems; command, control, communication, calculation, combat, surveillance and intelligence reconnaissance; and microwave electronics for missile, radar, missile defense, space and satellite applications; against unmanned aircraft systems, directed energy, communications and other systems, and virtual and augmented reality training systems for warfighters.

Further reading

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