Analysts expect that Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) will post $0.03 earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have provided estimates for Kratos Defense & Security Solutions’ earnings, with the highest EPS estimate coming in at $0.04 and the lowest estimate coming in at $0.02. Kratos Defense & Security Solutions also posted earnings of $0.03 per share during the same quarter last year. The business is expected to issue its next quarterly earnings results on Wednesday, November 1st.

On average, analysts expect that Kratos Defense & Security Solutions will report full-year earnings of $0.10 per share for the current fiscal year, with EPS estimates ranging from $0.08 to $0.13. For the next fiscal year, analysts forecast that the business will report earnings of $0.33 per share, with EPS estimates ranging from $0.17 to $0.45. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Kratos Defense & Security Solutions.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Thursday, July 27th. The aerospace company reported $0.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The business had revenue of $185.70 million during the quarter, compared to the consensus estimate of $172.78 million. Kratos Defense & Security Solutions had a negative net margin of 6.29% and a negative return on equity of 1.40%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.01 earnings per share.

Several research analysts have recently commented on KTOS shares. Canaccord Genuity reaffirmed a “buy” rating and issued a $14.00 price target on shares of Kratos Defense & Security Solutions in a report on Thursday, July 6th. Noble Financial reaffirmed a “buy” rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 14th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $9.25 price target on shares of Kratos Defense & Security Solutions in a report on Friday, July 14th. BidaskClub raised shares of Kratos Defense & Security Solutions from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 13th. Finally, Zacks Investment Research raised shares of Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $12.78.

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Kratos Defense & Security Solutions (NASDAQ:KTOS) traded up 0.76% during trading on Thursday, hitting $13.30. 1,360,884 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $12.87 and its 200 day moving average price is $10.98. Kratos Defense & Security Solutions has a 12-month low of $5.23 and a 12-month high of $13.93. The stock’s market cap is $1.16 billion.

In other news, CEO Eric M. Demarco acquired 8,905 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average cost of $11.19 per share, for a total transaction of $99,646.95. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 23.20% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Boulegeris Investments Inc. lifted its position in Kratos Defense & Security Solutions by 4.6% in the 2nd quarter. Boulegeris Investments Inc. now owns 14,725 shares of the aerospace company’s stock valued at $175,000 after purchasing an additional 650 shares during the last quarter. IHT Wealth Management LLC bought a new stake in Kratos Defense & Security Solutions in the 2nd quarter valued at about $249,000. HighTower Advisors LLC lifted its position in Kratos Defense & Security Solutions by 0.8% in the 2nd quarter. HighTower Advisors LLC now owns 254,311 shares of the aerospace company’s stock valued at $3,022,000 after purchasing an additional 2,137 shares during the last quarter. Creative Planning lifted its position in Kratos Defense & Security Solutions by 31.3% in the 2nd quarter. Creative Planning now owns 11,810 shares of the aerospace company’s stock valued at $140,000 after purchasing an additional 2,813 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Kratos Defense & Security Solutions by 5.6% in the 2nd quarter. Wells Fargo & Company MN now owns 60,445 shares of the aerospace company’s stock valued at $717,000 after purchasing an additional 3,199 shares during the last quarter. Hedge funds and other institutional investors own 61.78% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

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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