Kratos Defense & Security Solutions (KTOS) Receiving Somewhat Favorable News Coverage, Analysis Shows
News headlines about Kratos Defense & Security Solutions (NASDAQ:KTOS) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kratos Defense & Security Solutions earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the aerospace company an impact score of 45.191362216726 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s analysis:
- Kratos Defense & Security Solutions (KTOS) Upgraded to Sell by BidaskClub (americanbankingnews.com)
- Reviewing Kratos Defense & Security Solutions (KTOS) and Elbit Systems (ESLT) (americanbankingnews.com)
- Stocks Showing Improved Relative Strength: Kratos Defense & Security Solutions (finance.yahoo.com)
- Kratos Receives $3.3 Million in Unmanned Aerial Drone and Electronic System Contract Awards (finance.yahoo.com)
- Financial Contrast: Kratos Defense & Security Solutions (KTOS) versus Cubic (CUB) (americanbankingnews.com)
Several equities research analysts recently commented on KTOS shares. Jefferies Group upped their target price on Kratos Defense & Security Solutions from $12.70 to $13.00 and gave the company a “hold” rating in a research report on Friday, November 3rd. Noble Financial restated a “buy” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, September 14th. Canaccord Genuity restated a “buy” rating and set a $15.00 target price on shares of Kratos Defense & Security Solutions in a research report on Wednesday, November 1st. Zacks Investment Research lowered Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Finally, BidaskClub upgraded Kratos Defense & Security Solutions from a “strong sell” rating to a “sell” rating in a research report on Saturday. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Kratos Defense & Security Solutions currently has an average rating of “Hold” and a consensus price target of $12.95.
Kratos Defense & Security Solutions (NASDAQ:KTOS) opened at $10.99 on Monday. Kratos Defense & Security Solutions has a 52 week low of $6.83 and a 52 week high of $13.93. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.86 and a quick ratio of 2.54.
Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $0.03 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.03. Kratos Defense & Security Solutions had a negative return on equity of 1.21% and a negative net margin of 3.39%. The business had revenue of $196.20 million for the quarter, compared to the consensus estimate of $186.27 million. During the same period in the prior year, the business earned $0.03 EPS. The firm’s revenue for the quarter was up 18.6% on a year-over-year basis. sell-side analysts predict that Kratos Defense & Security Solutions will post -0.01 earnings per share for the current year.
In other news, Director Scot B. Jarvis purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The shares were acquired at an average cost of $10.50 per share, with a total value of $105,000.00. Following the purchase, the director now owns 95,200 shares in the company, valued at $999,600. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 17.92% of the stock is currently owned by corporate insiders.
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Kratos Defense & Security Solutions Company Profile
Kratos Defense & Security Solutions, Inc is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. The Kratos Government Solutions segment includes the operations of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology-based defense solutions, involving products and services, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements.
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