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

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) have been given a consensus rating of “Moderate Buy” by the twenty-two ratings firms that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $98.2778.

A number of equities research analysts have weighed in on the stock. Noble Financial reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, January 20th. Truist Financial set a $135.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Friday, January 9th. BTIG Research raised their price objective on shares of Kratos Defense & Security Solutions from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, January 22nd. Finally, Citizens Jmp upped their target price on shares of Kratos Defense & Security Solutions from $105.00 to $125.00 and gave the company a “market outperform” rating in a research note on Monday, January 12th.

Kratos Defense & Security Solutions Trading Down 0.6%

Kratos Defense & Security Solutions stock opened at $67.31 on Friday. The business has a 50 day moving average price of $90.51 and a two-hundred day moving average price of $87.88. The company has a quick ratio of 3.46, a current ratio of 4.06 and a debt-to-equity ratio of 0.05. The stock has a market cap of $12.61 billion, a price-to-earnings ratio of 517.81 and a beta of 1.22. Kratos Defense & Security Solutions has a 12 month low of $25.78 and a 12 month high of $134.00.

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

Insider Activity at Kratos Defense & Security Solutions

In other news, insider Stacey G. Rock sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $76.78, for a total value of $307,120.00. Following the sale, the insider directly owned 21,777 shares in the company, valued at approximately $1,672,038.06. This represents a 15.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, 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 value of $390,700.00. Following the completion of the transaction, the director directly owned 80,417 shares of the company’s stock, valued at approximately $6,283,784.38. The trade was a 5.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 375,500 shares of company stock valued at $34,924,258. Corporate insiders own 2.37% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Greenleaf Trust grew its holdings in shares of Kratos Defense & Security Solutions by 2.7% in the 4th quarter. Greenleaf Trust now owns 3,830 shares of the aerospace company’s stock worth $291,000 after purchasing an additional 100 shares during the last quarter. LVW Advisors LLC lifted its holdings in Kratos Defense & Security Solutions by 3.0% during the 4th quarter. LVW Advisors LLC now owns 3,665 shares of the aerospace company’s stock valued at $278,000 after purchasing an additional 107 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in Kratos Defense & Security Solutions by 7.3% during the 4th quarter. CENTRAL TRUST Co now owns 1,698 shares of the aerospace company’s stock valued at $129,000 after purchasing an additional 115 shares during the last quarter. Quadrant Capital Group LLC boosted its position in Kratos Defense & Security Solutions by 2.1% in the fourth quarter. Quadrant Capital Group LLC now owns 5,918 shares of the aerospace company’s stock valued at $449,000 after buying an additional 122 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in Kratos Defense & Security Solutions by 6.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,945 shares of the aerospace company’s stock valued at $148,000 after buying an additional 125 shares in the last quarter. 75.92% of the stock is owned by institutional investors.

Kratos Defense & Security Solutions Company Profile

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.