Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) shares rose 19.1% during trading on Friday . The stock traded as high as $5.54 and last traded at $5.42, with a volume of 2,143,251 shares changing hands. The stock had previously closed at $4.55.

A number of analysts have recently issued reports on KTOS shares. B. Riley reaffirmed 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 lowered Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research report on Thursday, May 5th. Finally, Jefferies Group reaffirmed 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 company has a market capitalization of $321.02 million and a P/E ratio of 22.99. The company’s 50-day moving average price is $4.31 and its 200 day moving average price is $4.18.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Thursday, August 4th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.10. During the same quarter in the previous year, the business earned ($0.02) earnings per share. The business had revenue of $168.20 million for the quarter, compared to analysts’ expectations of $158.93 million. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Analysts predict that Kratos Defense & Security Solutions Inc. will post ($0.20) EPS for the current year.

A hedge fund recently raised its stake in Kratos Defense & Security Solutions stock. Royce & Associates LLC raised its stake in shares of Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,610,119 shares of the company’s stock after buying an additional 137,076 shares during the period. Royce & Associates LLC owned approximately 6.11% of Kratos Defense & Security Solutions worth $14,801,000 as of its most recent filing with the SEC.

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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