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

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has been given a consensus rating of “Moderate Buy” by the twenty-two analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, eighteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $99.4706.

A number of equities research analysts have recently commented on the stock. Truist Financial cut their price target on shares of Kratos Defense & Security Solutions from $135.00 to $104.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. JPMorgan Chase & Co. raised Kratos Defense & Security Solutions from a “neutral” rating to an “overweight” rating and lowered their price objective for the company from $99.00 to $82.00 in a research report on Friday, June 12th. Weiss Ratings downgraded Kratos Defense & Security Solutions from a “hold (c)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. BTIG Research lifted their target price on Kratos Defense & Security Solutions from $100.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Stifel Nicolaus decreased their price target on Kratos Defense & Security Solutions from $134.00 to $115.00 and set a “buy” rating for the company in a research note on Thursday, August 6th.

Kratos Defense & Security Solutions Stock Performance

Shares of Kratos Defense & Security Solutions stock opened at $47.82 on Monday. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 281.29 and a beta of 1.11. The firm’s 50-day moving average is $52.50 and its 200 day moving average is $63.68. Kratos Defense & Security Solutions has a 1 year low of $43.09 and a 1 year high of $134.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.54 and a quick ratio of 4.99.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.14 by $0.07. The company had revenue of $458.80 million for the quarter, compared to the consensus estimate of $410.36 million. Kratos Defense & Security Solutions had a net margin of 2.03% and a return on equity of 3.07%. Kratos Defense & Security Solutions’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.11 EPS. Sell-side analysts anticipate that Kratos Defense & Security Solutions will post 0.57 EPS for the current fiscal year.

Insiders Place Their Bets

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $48.55, for a total value of $242,750.00. Following the completion of the transaction, the chief financial officer owned 280,487 shares of the company’s stock, valued at approximately $13,617,643.85. The trade was a 1.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $47.13, for a total transaction of $329,910.00. Following the transaction, the insider owned 295,120 shares in the company, valued at $13,909,005.60. This represents a 2.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 389,688 shares of company stock worth $24,397,492 in the last quarter. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

A number of large investors have recently added to or reduced their stakes in the stock. Harbor Investment Advisory LLC purchased a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter worth $25,000. Mcguire Capital Advisors Inc. bought a new position in Kratos Defense & Security Solutions in the fourth quarter valued at about $25,000. Atlantic Union Bankshares Corp lifted its holdings in Kratos Defense & Security Solutions by 7,600.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 380 shares during the period. Vision Retirement LLC boosted its position in Kratos Defense & Security Solutions by 288.2% in the first quarter. Vision Retirement LLC now owns 427 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 317 shares during the last quarter. Finally, Rakuten Securities Inc. bought a new stake in shares of Kratos Defense & Security Solutions during the 2nd quarter valued at about $31,000. Institutional investors own 75.92% of the company’s stock.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.