Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS)’s share price traded down 2.1% during mid-day trading on Friday . The stock traded as low as $7.37 and last traded at $7.39, with a volume of 621,564 shares. The stock had previously closed at $7.55.

Several equities analysts have issued reports on the company. Zacks Investment Research raised Kratos Defense & Security Solutions from a “hold” rating to a “strong-buy” rating and set a $6.50 price objective on the stock in a report on Wednesday, August 10th. B. Riley reaffirmed a “buy” rating and set a $9.00 price objective on shares of Kratos Defense & Security Solutions in a report on Tuesday, August 9th. Finally, Jefferies Group reaffirmed a “neutral” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 5th.

The firm has a 50 day moving average of $5.41 and a 200 day moving average of $4.56. The firm has a market capitalization of $449.64 million and a price-to-earnings ratio of 23.92.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Thursday, August 4th. The company reported ($0.17) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by $0.10. The company had revenue of $168.20 million for the quarter, compared to analyst estimates of $158.93 million. The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.02) EPS. Analysts expect that Kratos Defense & Security Solutions Inc. will post ($0.14) EPS for the current fiscal year.

In other news, CEO Eric M. Demarco acquired 8,904 shares of the business’s stock in a transaction on Tuesday, August 9th. The shares were purchased at an average price of $5.56 per share, for a total transaction of $49,506.24. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William A. Hoglund acquired 150,000 shares of the business’s stock in a transaction on Friday, August 12th. The stock was purchased at an average price of $5.89 per share, for a total transaction of $883,500.00. Following the acquisition, the director now directly owns 325,000 shares in the company, valued at $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.

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