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

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $23.50.

A number of research firms have recently weighed in on KTOS. BTIG Research began coverage on Kratos Defense & Security Solutions in a research note on Wednesday, June 26th. They issued a “neutral” rating for the company. Royal Bank of Canada boosted their price objective on Kratos Defense & Security Solutions from $23.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, June 3rd. JPMorgan Chase & Co. raised their target price on shares of Kratos Defense & Security Solutions from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, May 28th. Raymond James upgraded shares of Kratos Defense & Security Solutions from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $20.00 to $27.00 in a report on Friday, April 26th. Finally, Benchmark reissued a “buy” rating and issued a $25.00 price target on shares of Kratos Defense & Security Solutions in a report on Friday, June 28th.

Kratos Defense & Security Solutions Stock Up 4.5 %

Shares of NASDAQ KTOS opened at $21.16 on Friday. The stock has a market capitalization of $3.20 billion, a P/E ratio of 62.00 and a beta of 1.05. Kratos Defense & Security Solutions has a one year low of $13.98 and a one year high of $22.96. The firm’s 50 day simple moving average is $20.75 and its two-hundred day simple moving average is $19.53. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.13 and a quick ratio of 2.56.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its earnings results on Wednesday, August 7th. The aerospace company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. The company had revenue of $300.10 million for the quarter, compared to analysts’ expectations of $276.08 million. Kratos Defense & Security Solutions had a net margin of 0.89% and a return on equity of 3.92%. The firm’s revenue was up 16.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.05 EPS. As a group, analysts expect that Kratos Defense & Security Solutions will post 0.29 EPS for the current fiscal year.

Insider Transactions at Kratos Defense & Security Solutions

In related news, SVP Marie Mendoza sold 1,355 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $20.07, for a total value of $27,194.85. Following the completion of the transaction, the senior vice president now directly owns 63,393 shares of the company’s stock, valued at $1,272,297.51. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, SVP Marie Mendoza sold 1,355 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $20.07, for a total value of $27,194.85. Following the sale, the senior vice president now directly owns 63,393 shares of the company’s stock, valued at $1,272,297.51. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Steven S. Fendley sold 25,000 shares of the firm’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $21.44, for a total value of $536,000.00. Following the transaction, the insider now directly owns 398,160 shares of the company’s stock, valued at approximately $8,536,550.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 184,075 shares of company stock valued at $3,963,791. Company insiders own 2.27% of the company’s stock.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in KTOS. TFO Wealth Partners LLC boosted its position in shares of Kratos Defense & Security Solutions by 120,800.0% in the 4th 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 in the last quarter. MFA Wealth Advisors LLC bought a new stake in Kratos Defense & Security Solutions in the second quarter worth $30,000. PNC Financial Services Group Inc. grew its stake in shares of Kratos Defense & Security Solutions by 222.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,777 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 1,226 shares during the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Kratos Defense & Security Solutions during the second quarter valued at $36,000. Finally, NBC Securities Inc. purchased a new position in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $33,000. Institutional investors own 75.92% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

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.