Kratos Defense & Security Solutions (KTOS) Upgraded to Hold at BidaskClub

BidaskClub upgraded shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) from a sell rating to a hold rating in a report published on Friday, BidAskClub reports.

Other research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Kratos Defense & Security Solutions from a hold rating to a strong-buy rating and set a $18.00 price target for the company in a report on Thursday, May 2nd. Canaccord Genuity increased their price objective on shares of Kratos Defense & Security Solutions from $16.00 to $20.00 and gave the stock a buy rating in a research report on Tuesday, February 26th. B. Riley increased their price objective on shares of Kratos Defense & Security Solutions to $20.00 and gave the stock a buy rating in a research report on Tuesday, February 19th. Seaport Global Securities reissued a buy rating on shares of Kratos Defense & Security Solutions in a research report on Monday, February 11th. Finally, Noble Financial set a $20.00 price objective on shares of Kratos Defense & Security Solutions and gave the stock a buy rating in a research report on Friday, February 15th. One analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Kratos Defense & Security Solutions currently has a consensus rating of Buy and an average price target of $18.49.

Shares of NASDAQ:KTOS opened at $19.21 on Friday. The company has a quick ratio of 2.72, a current ratio of 2.65 and a debt-to-equity ratio of 0.59. Kratos Defense & Security Solutions has a 12 month low of $10.66 and a 12 month high of $19.23. The stock has a market capitalization of $2.03 billion, a P/E ratio of 113.00, a price-to-earnings-growth ratio of 9.05 and a beta of 1.87.



Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings results on Wednesday, May 8th. The aerospace company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.07. Kratos Defense & Security Solutions had a net margin of 0.28% and a return on equity of 4.22%. The firm had revenue of $160.40 million during the quarter, compared to the consensus estimate of $153.24 million. During the same quarter last year, the firm earned $0.05 EPS. On average, sell-side analysts forecast that Kratos Defense & Security Solutions will post 0.26 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of KTOS. Prime Capital Investment Advisors LLC purchased a new stake in Kratos Defense & Security Solutions in the 1st quarter worth about $31,000. PNC Financial Services Group Inc. purchased a new stake in Kratos Defense & Security Solutions in the 1st quarter worth about $31,000. US Bancorp DE raised its position in Kratos Defense & Security Solutions by 2,762.0% in the 1st quarter. US Bancorp DE now owns 2,862 shares of the aerospace company’s stock worth $45,000 after purchasing an additional 2,762 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in Kratos Defense & Security Solutions in the 4th quarter worth about $98,000. Finally, AlphaCrest Capital Management LLC purchased a new stake in Kratos Defense & Security Solutions in the 4th quarter worth about $142,000. 85.95% of the stock is currently owned by institutional investors.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. 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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