JMP Securities Issues Positive Forecast for Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock Price

Kratos Defense & Security Solutions (NASDAQ:KTOS) had its price objective increased by JMP Securities from $70.00 to $105.00 in a research report sent to investors on Thursday morning, MarketBeat.com reports. JMP Securities currently has a market outperform rating on the aerospace company’s stock.

Several other equities analysts have also commented on KTOS. Raymond James Financial reissued a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. JPMorgan Chase & Co. raised their price target on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Monday, June 30th. The Goldman Sachs Group raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $52.00 price target on the stock in a research note on Monday, June 30th. Finally, Stifel Nicolaus upped their price objective on shares of Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.50.

Kratos Defense & Security Solutions Stock Performance

NASDAQ:KTOS opened at $96.19 on Thursday. The firm’s fifty day simple moving average is $70.35 and its 200 day simple moving average is $49.73. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. Kratos Defense & Security Solutions has a twelve month low of $22.69 and a twelve month high of $98.12. The firm has a market capitalization of $16.24 billion, a price-to-earnings ratio of 962.00 and a beta of 1.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The company had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The firm’s revenue was up 17.1% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts expect that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Deanna H. Lund sold 5,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $92.03, for a total transaction of $460,150.00. Following the completion of the transaction, the chief financial officer owned 308,069 shares of the company’s stock, valued at approximately $28,351,590.07. The trade was a 1.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP De Burgreen Maria Cervantes sold 6,264 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $69.80, for a total transaction of $437,227.20. Following the completion of the sale, the vice president directly owned 53,609 shares in the company, valued at approximately $3,741,908.20. This trade represents a 10.46% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 82,276 shares of company stock valued at $5,677,241 in the last three months. 2.37% of the stock is owned by corporate insiders.

Institutional Trading of Kratos Defense & Security Solutions

Several large investors have recently added to or reduced their stakes in the business. Rovida Advisors Inc. bought a new stake in Kratos Defense & Security Solutions during the 2nd quarter valued at $82,315,000. Vanguard Group Inc. increased its holdings in shares of Kratos Defense & Security Solutions by 11.7% during the first quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock valued at $488,332,000 after purchasing an additional 1,728,179 shares during the period. Nuveen LLC bought a new stake in shares of Kratos Defense & Security Solutions during the first quarter valued at about $41,118,000. Voya Investment Management LLC lifted its holdings in Kratos Defense & Security Solutions by 129.2% in the first quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock worth $64,226,000 after purchasing an additional 1,219,585 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Kratos Defense & Security Solutions by 29.6% in the second quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock worth $236,268,000 after purchasing an additional 1,162,577 shares during the period. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.