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

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has been assigned an average rating of “Moderate Buy” from the twenty-two research firms that are currently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $98.2778.

KTOS has been the topic of several analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $115.00 price target on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 24th. B. Riley Financial boosted their price objective on shares of Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the stock a “buy” rating in a research note on Friday, January 9th. Noble Financial reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, January 20th. Citigroup reiterated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 24th. Finally, UBS Group assumed coverage on shares of Kratos Defense & Security Solutions in a report on Wednesday, February 18th. They issued a “neutral” rating and a $79.00 target price on the stock.

Insider Buying and Selling

In related news, Director Scot B. Jarvis sold 5,000 shares of the stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $78.14, for a total transaction of $390,700.00. Following the completion of the sale, the director owned 80,417 shares in the company, valued at $6,283,784.38. This represents a 5.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Phillip D. Carrai sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $89.07, for a total value of $578,955.00. Following the completion of the sale, the insider directly owned 234,292 shares in the company, valued at $20,868,388.44. This trade represents a 2.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 375,500 shares of company stock valued at $34,924,258 in the last quarter. Insiders own 2.37% of the company’s stock.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Several hedge funds have recently modified their holdings of KTOS. Mcguire Capital Advisors Inc. acquired a new position in Kratos Defense & Security Solutions during the 4th quarter valued at $25,000. Atlantic Union Bankshares Corp grew its position in Kratos Defense & Security Solutions by 7,600.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 380 shares during the last quarter. Rakuten Securities Inc. acquired a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth $31,000. Bayforest Capital Ltd bought a new position in shares of Kratos Defense & Security Solutions during the 3rd quarter worth about $32,000. Finally, Caitlin John LLC acquired a new position in shares of Kratos Defense & Security Solutions during the third quarter valued at about $32,000. 75.92% of the stock is owned by institutional investors.

Kratos Defense & Security Solutions Stock Performance

KTOS opened at $67.31 on Friday. The company has a market cap of $12.61 billion, a PE ratio of 517.81 and a beta of 1.22. The stock has a 50-day moving average of $90.51 and a 200-day moving average of $87.88. Kratos Defense & Security Solutions has a 52-week low of $25.78 and a 52-week high of $134.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.46 and a current ratio of 4.06.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Monday, February 23rd. The aerospace company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.04. Kratos Defense & Security Solutions had a return on equity of 3.34% and a net margin of 1.63%.The business had revenue of $345.10 million for the quarter, compared to the consensus estimate of $327.51 million. During the same period last year, the business earned $0.13 EPS. The firm’s revenue was up 21.9% compared to the same quarter last year. As a group, equities research analysts forecast that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current fiscal year.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.