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

Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has received an average rating of “Buy” from the ten analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $14.43.

KTOS has been the subject of a number of recent research reports. BidaskClub downgraded Kratos Defense & Security Solutions from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 5th. Noble Financial restated a “buy” rating and set a $20.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Friday, August 3rd. Zacks Investment Research downgraded Kratos Defense & Security Solutions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 18th. Canaccord Genuity reissued a “buy” rating and issued a $15.00 price target on shares of Kratos Defense & Security Solutions in a research note on Tuesday, July 10th. Finally, ValuEngine raised Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd.

KTOS traded down $0.04 during trading on Monday, reaching $12.58. 630,105 shares of the company were exchanged, compared to its average volume of 870,283. The company has a market cap of $1.31 billion, a P/E ratio of 314.50, a PEG ratio of 14.63 and a beta of 2.30. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.89 and a quick ratio of 2.59. Kratos Defense & Security Solutions has a 52 week low of $8.90 and a 52 week high of $14.94.



Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Thursday, August 2nd. The aerospace company reported $0.02 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.02. The firm had revenue of $151.20 million during the quarter, compared to the consensus estimate of $147.00 million. Kratos Defense & Security Solutions had a positive return on equity of 2.54% and a negative net margin of 5.26%. The firm’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.01 EPS. As a group, research analysts anticipate that Kratos Defense & Security Solutions will post 0.12 earnings per share for the current year.

In other news, insider Thomas E. Iv Mills sold 73,372 shares of the stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $13.19, for a total value of $967,776.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Bandel L. Carano purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 7th. The stock was acquired at an average cost of $12.70 per share, with a total value of $127,000.00. The disclosure for this purchase can be found here. Corporate insiders own 15.60% of the company’s stock.

Several institutional investors have recently made changes to their positions in KTOS. WINTON GROUP Ltd acquired a new stake in shares of Kratos Defense & Security Solutions in the first quarter valued at $119,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Kratos Defense & Security Solutions in the second quarter valued at $196,000. Royal Bank of Canada lifted its holdings in shares of Kratos Defense & Security Solutions by 119.3% in the first quarter. Royal Bank of Canada now owns 20,425 shares of the aerospace company’s stock valued at $210,000 after buying an additional 11,112 shares during the period. LPL Financial LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 35.9% in the first quarter. LPL Financial LLC now owns 21,237 shares of the aerospace company’s stock valued at $219,000 after buying an additional 5,607 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Kratos Defense & Security Solutions by 4,596.4% in the second quarter. Sei Investments Co. now owns 19,443 shares of the aerospace company’s stock valued at $224,000 after buying an additional 19,029 shares during the period. Institutional investors and hedge funds own 89.94% of the company’s stock.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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Analyst Recommendations for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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