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

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has earned an average rating of “Moderate Buy” from the twenty-three research firms that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and three have issued a strong buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $96.2778.

Several research firms have issued reports on KTOS. UBS Group reaffirmed a “neutral” rating and set a $82.00 price objective on shares of Kratos Defense & Security Solutions in a report on Thursday, May 7th. Cantor Fitzgerald reiterated an “overweight” rating and set a $115.00 price target on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 24th. Jefferies Financial Group set a $80.00 price objective on shares of Kratos Defense & Security Solutions in a report on Sunday, May 10th. Canaccord Genuity Group upped their target price on Kratos Defense & Security Solutions from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, April 21st.

Insider Buying and Selling

In other news, Director Scott I. Anderson sold 15,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $89.11, for a total value of $1,336,650.00. Following the sale, the director directly owned 51,334 shares of the company’s stock, valued at approximately $4,574,372.74. This represents a 22.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $69.59, for a total value of $487,130.00. Following the completion of the sale, the insider owned 358,023 shares in the company, valued at $24,914,820.57. This represents a 1.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 199,388 shares of company stock worth $14,283,667. Corporate insiders own 1.50% of the company’s stock.

Institutional Trading of Kratos Defense & Security Solutions

Several large investors have recently made changes to their positions in KTOS. BankChampaign National Association acquired a new position in Kratos Defense & Security Solutions during the first quarter valued at approximately $276,000. Western Wealth Management LLC bought a new position in shares of Kratos Defense & Security Solutions in the 1st quarter valued at $119,000. Cim Investment Management Inc. acquired a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth $236,000. Janus Henderson Group PLC lifted its position in shares of Kratos Defense & Security Solutions by 3.7% during the 1st quarter. Janus Henderson Group PLC now owns 76,158 shares of the aerospace company’s stock worth $5,369,000 after buying an additional 2,700 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its position in shares of Kratos Defense & Security Solutions by 1.3% during the 1st quarter. Arkadios Wealth Advisors now owns 45,437 shares of the aerospace company’s stock worth $3,204,000 after buying an additional 600 shares during the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

Kratos Defense & Security Solutions News Summary

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Reports that the U.S. government may fund or take equity stakes in domestic drone makers have raised hopes that Kratos could benefit from stronger demand, policy support, and a more favorable growth outlook. Kratos And US Drone Funding Talks Could Reshape Growth And Risk Profile
• Positive Sentiment: Heavy call-option buying suggests traders are positioning for additional upside tied to the drone-sector funding theme. Kratos Defense & Security Solutions Sees Unusually Large Options Volume (NASDAQ:KTOS)
• Neutral Sentiment: Several insiders recently sold shares, including director Bobbi Doorenbos and executives Steven S. Fendley and Jonah Adelman. While the sales can pressure sentiment, at least one was made under a pre-arranged 10b5-1 plan and does not necessarily indicate a change in fundamentals. Jonah Adelman insider sale details

Kratos Defense & Security Solutions Price Performance

Shares of KTOS stock opened at $64.13 on Friday. Kratos Defense & Security Solutions has a 52 week low of $35.88 and a 52 week high of $134.00. The stock has a market capitalization of $12.03 billion, a PE ratio of 377.24 and a beta of 1.06. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.08 and a current ratio of 5.63. The stock’s fifty day moving average is $65.91 and its 200-day moving average is $81.05.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. The business had revenue of $371.00 million for the quarter, compared to the consensus estimate of $345.00 million. During the same quarter in the prior year, the company earned $0.12 EPS. The firm’s quarterly revenue was up 22.6% on a year-over-year basis. Equities research analysts expect that Kratos Defense & Security Solutions will post 0.5 EPS for the current fiscal year.

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.