BidaskClub upgraded shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) from a hold rating to a buy rating in a research report released on Saturday, BidAskClub reports.

Several other equities analysts have also issued reports on KTOS. ValuEngine upgraded Kratos Defense & Security Solutions from a buy rating to a strong-buy rating in a research note on Monday, February 4th. Seaport Global Securities restated a buy rating on shares of Kratos Defense & Security Solutions in a research note on Monday, February 11th. Noble Financial set a $20.00 price target on Kratos Defense & Security Solutions and gave the company a buy rating in a research note on Friday, February 15th. B. Riley boosted their price target on Kratos Defense & Security Solutions to $20.00 and gave the company a buy rating in a research note on Tuesday, February 19th. Finally, Canaccord Genuity boosted their price target on Kratos Defense & Security Solutions from $16.00 to $20.00 and gave the company a buy rating in a research note on Tuesday, February 26th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $18.49.

Kratos Defense & Security Solutions stock opened at $20.64 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.29 and a current ratio of 2.65. The stock has a market capitalization of $2.14 billion, a PE ratio of 121.41, a price-to-earnings-growth ratio of 9.92 and a beta of 1.87. Kratos Defense & Security Solutions has a 52 week low of $10.66 and a 52 week high of $20.92.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Wednesday, May 8th. The aerospace company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.07. The business had revenue of $160.40 million for the quarter, compared to analyst estimates of $153.24 million. Kratos Defense & Security Solutions had a return on equity of 4.22% and a net margin of 0.28%. During the same period in the previous year, the company posted $0.05 earnings per share. Analysts anticipate that Kratos Defense & Security Solutions will post 0.27 EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC boosted its holdings in Kratos Defense & Security Solutions by 3.9% during the fourth quarter. LPL Financial LLC now owns 24,688 shares of the aerospace company’s stock valued at $348,000 after purchasing an additional 938 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in Kratos Defense & Security Solutions by 16.2% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 13,395 shares of the aerospace company’s stock valued at $209,000 after purchasing an additional 1,867 shares in the last quarter. Allred Capital Management LLC boosted its holdings in Kratos Defense & Security Solutions by 2.2% during the first quarter. Allred Capital Management LLC now owns 93,675 shares of the aerospace company’s stock valued at $1,478,000 after purchasing an additional 2,000 shares in the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in Kratos Defense & Security Solutions during the first quarter valued at approximately $31,000. Finally, PNC Financial Services Group Inc. acquired a new stake in Kratos Defense & Security Solutions during the first quarter valued at approximately $31,000. 87.85% of the stock is currently owned by institutional investors.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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Analyst Recommendations for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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