Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) shares were down 1.5% during mid-day trading on Monday . The company traded as low as $4.52 and last traded at $4.58, with a volume of 138,926 shares trading hands. The stock had previously closed at $4.65.

A number of research analysts have 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 target price on the stock in a report on Tuesday, May 10th. Jefferies Group reissued a “neutral” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 5th. Finally, B. Riley reissued a “buy” rating and issued a $9.00 target price on shares of Kratos Defense & Security Solutions in a report on Saturday, May 7th.

The firm has a 50-day moving average price of $4.17 and a 200 day moving average price of $4.11. The firm has a market cap of $270.90 million and a PE ratio of 19.40.

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 company earned $153 million during the quarter, compared to analysts’ expectations of $154.05 million. During the same period in the prior year, the company earned ($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 expect that Kratos Defense & Security Solutions Inc. will post ($0.20) EPS for the current fiscal year.

Other hedge funds and institutional investors have modified their holdings of the company. Dimensional Fund Advisors LP increased 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 in the last quarter. Royce & Associates LLC increased its position 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 in the last quarter. Paradigm Capital Management Inc. NY increased its position 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 in the last quarter. Finally, Glacier Peak Capital LLC increased its position in 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.

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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