Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) released its quarterly earnings data on Thursday. The aerospace company reported $0.03 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.03, Bloomberg Earnings reports. Kratos Defense & Security Solutions had a negative return on equity of 1.40% and a negative net margin of 3.39%. The company had revenue of $196.20 million during the quarter, compared to analysts’ expectations of $186.27 million. During the same period last year, the firm posted $0.03 earnings per share. The business’s revenue was up 18.6% on a year-over-year basis.

Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) traded down $0.06 during midday trading on Friday, hitting $11.98. The stock had a trading volume of 1,888,329 shares, compared to its average volume of 1,432,356. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.67 and a current ratio of 2.00.

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KTOS has been the subject of a number of recent analyst reports. Zacks Investment Research cut Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Canaccord Genuity reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Wednesday. Noble Financial reaffirmed a “buy” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, September 14th. BidaskClub raised Kratos Defense & Security Solutions from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 13th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $12.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $13.25.

In other news, CEO Eric M. Demarco bought 8,905 shares of the stock in a transaction dated Monday, August 7th. The shares were bought at an average price of $11.19 per share, for a total transaction of $99,646.95. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 23.20% of the stock is currently owned by company insiders.

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.

Earnings History for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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