Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) shares saw unusually-strong trading volume on Tuesday . Approximately 303,523 shares changed hands during trading, a decline of 24% from the previous session’s volume of 399,267 shares.The stock last traded at $4.16 and had previously closed at $4.09.

Several equities research analysts recently issued reports on KTOS shares. Zacks Investment Research raised Kratos Defense & Security Solutions from a “sell” rating to a “buy” rating and set a $4.75 price target on the stock in a research report on Tuesday, May 10th. Jefferies Group reissued a “hold” rating and set a $4.15 price target (down from $6.00) on shares of Kratos Defense & Security Solutions in a research report on Saturday, March 12th. Finally, B. Riley reissued a “buy” rating and set a $9.00 price target on shares of Kratos Defense & Security Solutions in a research report on Thursday, March 17th.

The firm has a 50 day moving average of $4.08 and a 200 day moving average of $4.08. The company has a market cap of $248.82 million and a PE ratio of 17.82.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Wednesday, May 4th. The company reported ($0.13) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.06) by $0.07. The firm earned $153 million during the quarter, compared to analyst estimates of $154.05 million. During the same quarter last year, the company posted ($0.09) earnings per share. The business’s revenue was down 2.6% compared to the same quarter last year. On average, equities research analysts anticipate that Kratos Defense & Security Solutions Inc. will post ($0.20) EPS for the current fiscal year.

Other hedge funds and institutional investors recently modified their holdings of 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 in the last quarter. Royce & Associates LLC raised its stake in 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 period. Finally, Paradigm Capital Management Inc. NY raised its stake in 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 period.

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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