Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS)’s share price was up 3.6% 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 equities analysts have recently weighed in on KTOS shares. Zacks Investment Research cut shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. B. Riley reissued a “buy” rating and issued a $9.00 target price on shares of Kratos Defense & Security Solutions in a report on Saturday, May 7th. Finally, Jefferies Group reissued a “hold” rating and issued a $5.00 target price (up from $4.15) on shares of Kratos Defense & Security Solutions in a report on Saturday, May 7th.

The stock has a 50 day moving average price of $5.62 and a 200 day moving average price of $4.66. The company has a market capitalization of $421.84 million and a P/E ratio of 22.44.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Thursday, August 4th. The company reported ($0.17) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by $0.10. The company earned $168.20 million during the quarter, compared to analysts’ expectations of $158.93 million. During the same period last year, the firm earned ($0.02) EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Analysts anticipate that Kratos Defense & Security Solutions Inc. will post ($0.14) EPS for the current year.

In other Kratos Defense & Security Solutions news, Director William A. Hoglund purchased 50,000 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The shares were acquired at an average price of $5.59 per share, with a total value of $279,500.00. Following the purchase, the director now directly owns 250,000 shares in the company, valued at approximately $1,397,500. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Eric M. Demarco purchased 8,904 shares of the firm’s stock in a transaction dated Tuesday, August 9th. The stock was acquired at an average cost of $5.56 per share, for a total transaction of $49,506.24. 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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