Shares of Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $5.78 and last traded at $5.77, with a volume of 973,746 shares trading hands. The stock had previously closed at $5.38.

A number of analysts have recently issued reports on KTOS shares. B. Riley reissued a “buy” rating and set a $9.00 target price on shares of Kratos Defense & Security Solutions in a research note on Wednesday, August 3rd. Zacks Investment Research raised shares of Kratos Defense & Security Solutions from a “sell” rating to a “buy” rating and set a $4.75 price objective for the company in a research note on Tuesday, May 10th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $5.00 price objective (up from $4.15) on shares of Kratos Defense & Security Solutions in a research note on Saturday, May 7th.

The firm has a market capitalization of $337.73 million and a P/E ratio of 24.19. The firm has a 50 day moving average price of $4.35 and a 200-day moving average price of $4.19.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings data on Thursday, August 4th. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by $0.10. The business earned $168.20 million during the quarter, compared to the consensus estimate of $158.93 million. During the same quarter in the prior year, the firm earned ($0.02) EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, equities research analysts anticipate that Kratos Defense & Security Solutions Inc. will post ($0.14) EPS for the current year.

A hedge fund recently raised its stake in Kratos Defense & Security Solutions stock. Paradigm Capital Management Inc. NY increased its position in Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) by 19.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,220,800 shares of the company’s stock after buying an additional 200,200 shares during the period. Paradigm Capital Management Inc. NY owned 2.07% of Kratos Defense & Security Solutions worth $5,005,000 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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