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

Kratos Defense & Security Solutions (NASDAQ:KTOS) had its price target upped by JMP Securities from $70.00 to $105.00 in a research note published on Thursday, MarketBeat reports. They currently have a market outperform rating on the aerospace company’s stock.

A number of other research analysts have also commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. Citigroup restated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday. Canaccord Genuity Group restated a “buy” rating and set a $74.00 target price on shares of Kratos Defense & Security Solutions in a research report on Tuesday, September 9th. Truist Financial upped their price target on shares of Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the stock a “buy” rating in a report on Friday, June 27th. Finally, 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 objective for the company in a research note on Monday, June 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.50.

Kratos Defense & Security Solutions Stock Up 2.2%

Shares of KTOS opened at $95.03 on Thursday. Kratos Defense & Security Solutions has a 52 week low of $22.69 and a 52 week high of $96.40. The firm has a market cap of $16.04 billion, a P/E ratio of 950.40 and a beta of 1.12. The firm’s 50-day simple moving average is $69.62 and its 200 day simple moving average is $49.17. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. During the same quarter in the prior year, the business earned $0.14 EPS. Kratos Defense & Security Solutions’s quarterly revenue was up 17.1% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current year.

Insiders Place Their Bets

In other Kratos Defense & Security Solutions news, insider Phillip D. Carrai sold 6,000 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $68.82, for a total value of $412,920.00. Following the completion of the sale, the insider directly owned 258,073 shares in the company, valued at approximately $17,760,583.86. This trade represents a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Marie Mendoza sold 1,408 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $69.45, for a total transaction of $97,785.60. Following the completion of the transaction, the senior vice president directly owned 61,943 shares in the company, valued at $4,301,941.35. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 73,430 shares of company stock valued at $4,863,182. 2.37% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Rakuten Securities Inc. bought a new position in shares of Kratos Defense & Security Solutions in the second quarter valued at $31,000. TD Waterhouse Canada Inc. bought a new position in shares of Kratos Defense & Security Solutions during the second quarter valued at about $30,000. Farther Finance Advisors LLC lifted its position in shares of Kratos Defense & Security Solutions by 129.0% during the second quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company’s stock valued at $41,000 after purchasing an additional 503 shares in the last quarter. Costello Asset Management INC bought a new position in shares of Kratos Defense & Security Solutions during the first quarter valued at about $29,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Kratos Defense & Security Solutions during the second quarter valued at about $45,000. 75.92% of the stock is owned by institutional investors.

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.