Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) have been given an average rating of "Moderate Buy" by the eleven ratings firms that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $25.40.

Several equities analysts have weighed in on KTOS shares. Truist Financial reaffirmed a "buy" rating and issued a $27.00 target price (up from $25.00) on shares of Kratos Defense & Security Solutions in a research report on Thursday, September 26th. Robert W. Baird lifted their price target on Kratos Defense & Security Solutions from $22.00 to $35.00 and gave the stock an "outperform" rating in a research report on Monday, September 23rd. B. Riley lowered Kratos Defense & Security Solutions from a "buy" rating to a "neutral" rating and boosted their target price for the company from $24.00 to $26.00 in a report on Wednesday, October 30th. Benchmark reaffirmed a "buy" rating and set a $25.00 price target on shares of Kratos Defense & Security Solutions in a research note on Friday, September 13th. Finally, StockNews.com lowered shares of Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a research report on Monday, November 11th.

Kratos Defense & Security Solutions Stock Performance

NASDAQ:KTOS traded up $0.67 during trading hours on Tuesday, reaching $25.05. The company had a trading volume of 1,261,582 shares, compared to its average volume of 1,134,941. Kratos Defense & Security Solutions has a 1-year low of $16.71 and a 1-year high of $28.62. The firm has a market cap of $3.78 billion, a PE ratio of 247.52 and a beta of 1.02. The business's 50 day moving average price is $24.13 and its 200-day moving average price is $22.07. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61.

Insider Activity at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, SVP Marie Mendoza sold 1,355 shares of the business's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $22.12, for a total value of $29,972.60. Following the sale, the senior vice president now directly owns 61,963 shares in the company, valued at approximately $1,370,621.56. The trade was a 2.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric M. Demarco purchased 11,980 shares of the company's stock in a transaction on Wednesday, August 21st. The stock was acquired at an average price of $20.89 per share, for a total transaction of $250,262.20. Following the completion of the transaction, the chief executive officer now owns 1,070,244 shares of the company's stock, valued at $22,357,397.16. This represents a 1.13 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 71,620 shares of company stock worth $1,700,220 over the last ninety days. 2.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Several institutional investors and hedge funds have recently bought and sold shares of the business. Contravisory Investment Management Inc. grew its stake in Kratos Defense & Security Solutions by 68.7% during the 3rd quarter. Contravisory Investment Management Inc. now owns 1,090 shares of the aerospace company's stock valued at $25,000 after acquiring an additional 444 shares in the last quarter. Arkadios Wealth Advisors grew its stake in Kratos Defense & Security Solutions by 0.9% during the 2nd quarter. Arkadios Wealth Advisors now owns 55,630 shares of the aerospace company's stock valued at $1,113,000 after acquiring an additional 500 shares in the last quarter. Wealth Quarterback LLC grew its stake in Kratos Defense & Security Solutions by 3.9% during the 3rd quarter. Wealth Quarterback LLC now owns 13,998 shares of the aerospace company's stock valued at $326,000 after acquiring an additional 528 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Kratos Defense & Security Solutions by 582.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,078 shares of the aerospace company's stock valued at $25,000 after acquiring an additional 920 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Kratos Defense & Security Solutions by 23.7% in the 3rd quarter. KBC Group NV now owns 5,087 shares of the aerospace company's stock valued at $119,000 after buying an additional 976 shares in the last quarter. Hedge funds and other institutional investors own 75.92% of the company's stock.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter.