Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) reached a new 52-week high on Monday . The company traded as high as $7.22 and last traded at $7.18, with a volume of 766,709 shares. The stock had previously closed at $6.87.

A number of research firms recently weighed in on KTOS. B. Riley reissued a “buy” rating and set a $9.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday, August 9th. Zacks Investment Research downgraded shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. Finally, Jefferies Group reissued a “hold” rating and set a $5.00 price target (up from $4.15) on shares of Kratos Defense & Security Solutions in a research note on Saturday, May 7th.

The stock has a market capitalization of $432.11 million and a PE ratio of 22.99. The company’s 50 day moving average is $4.99 and its 200 day moving average is $4.41.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its 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. The business had revenue of $168.20 million for the quarter, compared to analysts’ expectations of $158.93 million. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.02) earnings per share. On average, analysts forecast that Kratos Defense & Security Solutions Inc. will post ($0.14) EPS for the current fiscal year.

In related news, Director William A. Hoglund purchased 50,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Wednesday, August 10th. The shares were bought at an average cost of $5.59 per share, for a total transaction of $279,500.00. Following the purchase, the director now owns 250,000 shares in the company, valued at approximately $1,397,500. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William A. Hoglund purchased 150,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Friday, August 12th. The stock was bought at an average price of $5.89 per share, for a total transaction of $883,500.00. Following the completion of the purchase, the director now owns 325,000 shares in the company, valued at approximately $1,914,250. The disclosure for this purchase can be found here.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.