Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS)’s share price fell 1.7% on Wednesday . The stock traded as low as $4.05 and last traded at $4.09, with a volume of 220,677 shares changing hands. The stock had previously closed at $4.16.

A number of research firms have recently commented on KTOS. B. Riley reissued a “buy” rating and set a $9.00 price target on shares of Kratos Defense & Security Solutions in a report on Saturday, May 7th. Jefferies Group reissued a “neutral” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday. Finally, Zacks Investment Research raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a report on Wednesday.

The company has a market capitalization of $244.65 million and a PE ratio of 17.52. The company has a 50 day moving average of $4.08 and a 200 day moving average of $4.08.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Wednesday, May 4th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.07. The firm earned $153 million during the quarter, compared to analysts’ expectations of $154.05 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The firm’s quarterly revenue was down 2.6% on a year-over-year basis. On average, analysts predict that Kratos Defense & Security Solutions Inc. will post ($0.20) EPS for the current year.

Other institutional investors have recently made changes to their positions in the company. Glacier Peak Capital LLC raised its position in shares of Kratos Defense & Security Solutions by 14.4% in the fourth quarter. Glacier Peak Capital LLC now owns 293,936 shares of the company’s stock worth $1,205,000 after buying an additional 36,936 shares during the last quarter. Paradigm Capital Management Inc. NY raised its position in shares of Kratos Defense & Security Solutions by 19.6% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 1,220,800 shares of the company’s stock worth $5,005,000 after buying an additional 200,200 shares during the last quarter. Royce & Associates LLC raised its position in shares of Kratos Defense & Security Solutions by 3.9% in the fourth quarter. Royce & Associates LLC now owns 3,610,119 shares of the company’s stock worth $14,801,000 after buying an additional 137,076 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Kratos Defense & Security Solutions by 8.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,139,667 shares of the company’s stock worth $16,972,000 after buying an additional 308,489 shares during the last quarter.

Kratos Defense & Security Solutions, Inc offers various technologies, products and solutions focused on the United States and its allies’ national security. The Company’s segments include Kratos Government Solutions (KGS), Unmanned Systems (US) and Public Safety & Security (PSS). The KGS segment includes the operations of Defense Rocket Support Services (DRSS), Microwave Electronics Division (ME), Technical and Training Solutions (TTS), and Modular Systems (MS), which provide technology-based defense solutions, involving products and services, primarily for the United States National Security priorities.

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