Kratos Defense & Security Solutions (NASDAQ: KTOS) recently received a number of ratings updates from brokerages and research firms:

  • 8/3/2017 – Kratos Defense & Security Solutions was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. “
  • 8/2/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $16.00 price target on the stock.
  • 8/1/2017 – Kratos Defense & Security Solutions was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 8/1/2017 – Kratos Defense & Security Solutions was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $12.00 price target on the stock. According to Zacks, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. “
  • 7/28/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $16.00 price target on the stock.
  • 7/28/2017 – Kratos Defense & Security Solutions was given a new $14.00 price target on by analysts at Noble Financial. They now have a “buy” rating on the stock.
  • 7/20/2017 – Kratos Defense & Security Solutions was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. “
  • 7/19/2017 – Kratos Defense & Security Solutions was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $13.00 price target on the stock. According to Zacks, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. “
  • 7/16/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $16.00 price target on the stock.
  • 7/14/2017 – Kratos Defense & Security Solutions was downgraded by analysts at SunTrust Banks, Inc. from a “buy” rating to a “hold” rating. They now have a $12.00 price target on the stock.
  • 7/14/2017 – Kratos Defense & Security Solutions had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $9.25 price target on the stock.
  • 7/13/2017 – Kratos Defense & Security Solutions was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 7/11/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $16.00 price target on the stock.
  • 7/6/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $14.00 price target on the stock.
  • 6/29/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at Noble Financial.
  • 6/9/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $14.00 price target on the stock. They wrote, “We spent two days on the road with management of Kratos Defense & Security (KTOS). We are incrementally more confident in near-term upside to the base business due to expected funding increases in the FY18 defense budget, improving visibility on near-term contract awards, and anticipated demand growth for core offerings in satellite communications, unmanned systems, microwave electronics, and training systems. Moreover, potential portfolio adjustments, debt refinancing, and new program opportunities will all be positive catalysts. We expect the company to raise its full-year 2017 guidance as part of its Q2/17 results.””

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) traded up 5.70% during midday trading on Tuesday, hitting $11.87. The company had a trading volume of 2,076,724 shares. The firm’s market cap is $1.03 billion. The company’s 50 day moving average is $11.77 and its 200 day moving average is $9.36. Kratos Defense & Security Solutions, Inc. has a one year low of $4.95 and a one year high of $12.91.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its quarterly earnings results on Thursday, July 27th. The aerospace company reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. Kratos Defense & Security Solutions had a negative return on equity of 1.40% and a negative net margin of 6.29%. The company had revenue of $185.70 million during the quarter, compared to analysts’ expectations of $172.78 million. During the same quarter in the previous year, the firm earned $0.01 earnings per share. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. Equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post $0.10 earnings per share for the current fiscal year.

In related news, CEO Eric M. Demarco purchased 8,905 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, August 7th. The stock was bought at an average price of $11.19 per share, with a total value of $99,646.95. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 23.20% of the stock is owned by insiders.

Kratos Defense & Security Solutions, Inc is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. The Kratos Government Solutions segment includes the operations of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology-based defense solutions, involving products and services, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements.

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