Wall Street brokerages expect that Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) will announce earnings of $0.03 per share for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Kratos Defense & Security Solutions’ earnings. The highest EPS estimate is $0.04 and the lowest is $0.02. Kratos Defense & Security Solutions also posted earnings of $0.03 per share during the same quarter last year. The business is expected to announce its next earnings report on Thursday, November 1st.

On average, analysts expect that Kratos Defense & Security Solutions will report full year earnings of $0.18 per share for the current financial year, with EPS estimates ranging from $0.18 to $0.19. For the next year, analysts forecast that the business will report earnings of $0.36 per share, with EPS estimates ranging from $0.29 to $0.41. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Kratos Defense & Security Solutions.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Thursday, August 2nd. The aerospace company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. Kratos Defense & Security Solutions had a negative net margin of 5.26% and a positive return on equity of 2.54%. The business had revenue of $151.20 million for the quarter, compared to analysts’ expectations of $147.00 million. During the same period in the previous year, the company earned $0.01 earnings per share. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year.

Several research analysts recently weighed in on KTOS shares. BidaskClub upgraded shares of Kratos Defense & Security Solutions from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 12th. Zacks Investment Research cut shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a report on Thursday, August 9th. Canaccord Genuity restated a “buy” rating and set a $15.00 price target on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 10th. Noble Financial restated a “buy” rating and set a $20.00 price target on shares of Kratos Defense & Security Solutions in a report on Friday, August 3rd. Finally, ValuEngine upgraded shares of Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. Kratos Defense & Security Solutions currently has an average rating of “Buy” and an average price target of $14.25.

In other news, Director Bandel L. Carano bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 7th. The shares were acquired at an average price of $12.70 per share, with a total value of $127,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Thomas E. Iv Mills sold 73,372 shares of the company’s stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of $13.19, for a total transaction of $967,776.68. The disclosure for this sale can be found here. Corporate insiders own 15.60% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new position in shares of Kratos Defense & Security Solutions in the 1st quarter worth $112,000. WINTON GROUP Ltd purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter valued at $119,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the 2nd quarter valued at $196,000. Royal Bank of Canada boosted its stake in shares of Kratos Defense & Security Solutions by 119.3% in the 1st quarter. Royal Bank of Canada now owns 20,425 shares of the aerospace company’s stock valued at $210,000 after purchasing an additional 11,112 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Kratos Defense & Security Solutions by 35.9% in the 1st quarter. LPL Financial LLC now owns 21,237 shares of the aerospace company’s stock valued at $219,000 after purchasing an additional 5,607 shares in the last quarter. 89.56% of the stock is currently owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions stock traded down $0.21 during midday trading on Friday, hitting $13.28. 522,212 shares of the stock were exchanged, compared to its average volume of 1,116,108. Kratos Defense & Security Solutions has a 52-week low of $8.90 and a 52-week high of $14.94. The stock has a market cap of $1.40 billion, a PE ratio of 332.00, a price-to-earnings-growth ratio of 15.64 and a beta of 2.30. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.59 and a current ratio of 2.89.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security. 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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