Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) shares traded up 12.7% on Monday . The company traded as high as $4.94 and last traded at $4.78, with a volume of 1,165,918 shares trading hands. The stock had previously closed at $4.24.

A number of research analysts have recently weighed in on the stock. B. Riley reissued a “buy” rating and set a $9.00 target price on shares of Kratos Defense & Security Solutions in a research report on Monday, May 2nd. Zacks Investment Research downgraded shares of Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Finally, Jefferies Group reissued a “hold” rating and set a $5.00 target price (up from $4.15) on shares of Kratos Defense & Security Solutions in a research report on Saturday, May 7th.

The firm has a market cap of $276.87 million and a P/E ratio of 19.83. The company’s 50 day moving average price is $4.12 and its 200 day moving average price is $4.09.

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

A number of hedge funds and institutional investors have modified their holdings of KTOS. Dimensional Fund Advisors LP boosted 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 period. Paradigm Capital Management Inc. NY boosted 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 valued at $5,005,000 after buying an additional 200,200 shares during the period. Royce & Associates LLC boosted 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 valued at $14,801,000 after buying an additional 137,076 shares during the period. Finally, Glacier Peak Capital LLC boosted 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 valued at $1,205,000 after buying an additional 36,936 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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