BidaskClub lowered shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) from a hold rating to a sell rating in a research report released on Tuesday morning, BidAskClub reports.

A number of other equities analysts also recently commented on the company. Robert W. Baird reissued an outperform rating and set a $25.00 price objective (up from $19.00) on shares of Kratos Defense & Security Solutions in a research report on Tuesday, May 28th. ValuEngine downgraded Kratos Defense & Security Solutions from a strong-buy rating to a buy rating in a research report on Thursday, August 1st. Zacks Investment Research raised Kratos Defense & Security Solutions from a hold rating to a buy rating and set a $26.00 price objective for the company in a research report on Wednesday, July 3rd. Canaccord Genuity set a $28.00 price target on Kratos Defense & Security Solutions and gave the company a buy rating in a report on Friday, August 16th. Finally, Noble Financial downgraded Kratos Defense & Security Solutions from an outperform rating to a market perform rating and set a $22.35 price target for the company. in a report on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. Kratos Defense & Security Solutions currently has a consensus rating of Buy and an average price target of $23.67.

Shares of Kratos Defense & Security Solutions stock traded up $0.05 on Tuesday, reaching $20.00. 44,640 shares of the company were exchanged, compared to its average volume of 1,252,154. Kratos Defense & Security Solutions has a 1-year low of $11.91 and a 1-year high of $25.08. The company has a market cap of $2.13 billion, a P/E ratio of 118.00, a price-to-earnings-growth ratio of 10.92 and a beta of 1.33. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.73 and a quick ratio of 2.33. The stock’s 50 day moving average price is $20.17 and its 200-day moving average price is $19.33.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Wednesday, July 31st. The aerospace company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.04. Kratos Defense & Security Solutions had a return on equity of 4.63% and a net margin of 1.99%. The business had revenue of $187.90 million during the quarter, compared to the consensus estimate of $178.72 million. During the same period in the previous year, the company posted $0.02 earnings per share. The business’s revenue for the quarter was up 24.3% on a year-over-year basis. On average, research analysts predict that Kratos Defense & Security Solutions will post 0.23 earnings per share for the current fiscal year.

In other Kratos Defense & Security Solutions news, insider David M. Carter sold 14,720 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $19.80, for a total value of $291,456.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Amy Zegart sold 7,305 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $19.55, for a total value of $142,812.75. The disclosure for this sale can be found here. Insiders sold 791,932 shares of company stock valued at $15,305,451 over the last ninety days. 15.54% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. Marshall Wace LLP purchased a new stake in Kratos Defense & Security Solutions in the first quarter valued at approximately $35,000. US Bancorp DE lifted its stake in Kratos Defense & Security Solutions by 30.6% in the second quarter. US Bancorp DE now owns 3,739 shares of the aerospace company’s stock valued at $85,000 after buying an additional 877 shares during the last quarter. Advisory Services Network LLC lifted its stake in Kratos Defense & Security Solutions by 795.6% in the first quarter. Advisory Services Network LLC now owns 4,478 shares of the aerospace company’s stock valued at $70,000 after buying an additional 3,978 shares during the last quarter. NEXT Financial Group Inc purchased a new stake in Kratos Defense & Security Solutions in the second quarter valued at approximately $105,000. Finally, Amundi Pioneer Asset Management Inc. purchased a new stake in Kratos Defense & Security Solutions in the first quarter valued at approximately $81,000. Institutional investors own 84.21% of the company’s stock.

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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