Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Given Average Rating of “Moderate Buy” by Analysts

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has received a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $22.14.

KTOS has been the subject of a number of research reports. Jefferies Financial Group decreased their target price on Kratos Defense & Security Solutions from $22.00 to $20.00 and set a “hold” rating for the company in a research note on Wednesday, April 10th. Benchmark reiterated a “buy” rating and issued a $25.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Thursday, April 25th. The Goldman Sachs Group upped their target price on shares of Kratos Defense & Security Solutions from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 20th. Royal Bank of Canada reissued an “outperform” rating and set a $23.00 target price on shares of Kratos Defense & Security Solutions in a research note on Wednesday, February 14th. Finally, Raymond James raised Kratos Defense & Security Solutions from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from $20.00 to $27.00 in a report on Friday, April 26th.

Kratos Defense & Security Solutions Stock Down 0.6 %

Shares of NASDAQ:KTOS opened at $19.73 on Friday. The company has a 50 day moving average of $18.06 and a two-hundred day moving average of $18.54. Kratos Defense & Security Solutions has a 52-week low of $12.88 and a 52-week high of $21.60. The company has a quick ratio of 1.50, a current ratio of 2.03 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of -328.83 and a beta of 0.81.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Tuesday, May 7th. The aerospace company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.05 by $0.06. Kratos Defense & Security Solutions had a negative net margin of 0.86% and a positive return on equity of 3.01%. The business had revenue of $277.20 million for the quarter, compared to analysts’ expectations of $250.48 million. During the same quarter last year, the company posted $0.01 earnings per share. The company’s quarterly revenue was up 19.6% compared to the same quarter last year. As a group, analysts forecast that Kratos Defense & Security Solutions will post 0.25 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Deanna H. Lund sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $20.00, for a total value of $120,000.00. Following the transaction, the chief financial officer now owns 214,765 shares in the company, valued at approximately $4,295,300. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Deanna H. Lund sold 6,000 shares of the company’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $20.00, for a total transaction of $120,000.00. Following the completion of the transaction, the chief financial officer now directly owns 214,765 shares in the company, valued at approximately $4,295,300. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven S. Fendley sold 7,000 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $18.76, for a total transaction of $131,320.00. Following the completion of the sale, the insider now owns 423,098 shares in the company, valued at $7,937,318.48. The disclosure for this sale can be found here. In the last quarter, insiders have sold 41,538 shares of company stock valued at $773,419. Insiders own 2.27% of the company’s stock.

Institutional Trading of Kratos Defense & Security Solutions

Several institutional investors have recently made changes to their positions in KTOS. TFO Wealth Partners LLC lifted its stake in Kratos Defense & Security Solutions by 120,800.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,209 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 1,208 shares during the period. NBC Securities Inc. bought a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth approximately $33,000. PNC Financial Services Group Inc. boosted its stake in Kratos Defense & Security Solutions by 222.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,777 shares of the aerospace company’s stock valued at $36,000 after buying an additional 1,226 shares in the last quarter. Headlands Technologies LLC bought a new stake in Kratos Defense & Security Solutions in the fourth quarter valued at $47,000. Finally, Gables Capital Management Inc. raised its stake in Kratos Defense & Security Solutions by 87.5% during the fourth quarter. Gables Capital Management Inc. now owns 3,000 shares of the aerospace company’s stock worth $61,000 after acquiring an additional 1,400 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter.