Shares of Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) were up 3.6% during mid-day trading on Tuesday . The stock traded as high as $7.29 and last traded at $7.24, with a volume of 490,940 shares. The stock had previously closed at $6.99.

Several analysts recently issued reports on KTOS shares. B. Riley reissued a “buy” rating and issued a $9.00 target price on shares of Kratos Defense & Security Solutions in a research note on Monday, May 2nd. Zacks Investment Research lowered shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a report on Thursday, May 5th. Finally, Jefferies Group restated a “hold” rating and issued a $5.00 price objective (up from $4.15) on shares of Kratos Defense & Security Solutions in a report on Saturday, May 7th.

The company has a market capitalization of $437.55 million and a price-to-earnings ratio of 23.28. The company has a 50 day moving average of $5.49 and a 200 day moving average of $4.61.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced 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. The business had revenue of $168.20 million for the quarter, compared to analyst estimates of $158.93 million. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.02) EPS. Equities research analysts anticipate that Kratos Defense & Security Solutions Inc. will post ($0.14) EPS for the current fiscal year.

In other Kratos Defense & Security Solutions news, CEO Eric M. Demarco bought 8,904 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The shares were purchased at an average cost of $5.56 per share, for a total transaction of $49,506.24. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director William A. Hoglund bought 150,000 shares of the firm’s stock in a transaction dated Friday, August 12th. The shares were acquired at an average price of $5.89 per share, for a total transaction of $883,500.00. Following the completion of the transaction, the director now directly 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.

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