Kratos Defense & Security Solutions (KTOS) to Release Quarterly Earnings on Wednesday

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) is expected to issue its Q4 2024 quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $288.33 million for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Kratos Defense & Security Solutions Trading Up 5.2 %

Shares of KTOS stock traded up $1.31 on Thursday, hitting $26.27. The stock had a trading volume of 3,392,614 shares, compared to its average volume of 1,238,457. Kratos Defense & Security Solutions has a twelve month low of $16.78 and a twelve month high of $35.66. The firm has a market cap of $3.99 billion, a P/E ratio of 262.73 and a beta of 1.10. The company has a current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average price of $29.85 and a two-hundred day moving average price of $26.16.

Analyst Upgrades and Downgrades

KTOS has been the subject of several research analyst reports. Robert W. Baird boosted their price target on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an "outperform" rating in a report on Tuesday, January 14th. Royal Bank of Canada reduced their target price on shares of Kratos Defense & Security Solutions from $37.00 to $32.00 and set an "outperform" rating for the company in a research note on Thursday. JMP Securities reaffirmed an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 4th. JPMorgan Chase & Co. upped their target price on shares of Kratos Defense & Security Solutions from $24.00 to $27.00 and gave the stock a "neutral" rating in a research note on Thursday. Finally, Truist Financial upped their target price on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the stock a "buy" rating in a research note on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.00.

Insider Transactions at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Stacey G. Rock sold 4,000 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $26.73, for a total value of $106,920.00. Following the sale, the insider now owns 47,007 shares in the company, valued at $1,256,497.11. This trade represents a 7.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Steven S. Fendley sold 7,000 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $24.59, for a total transaction of $172,130.00. Following the transaction, the insider now directly owns 370,660 shares of the company's stock, valued at $9,114,529.40. The trade was a 1.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 99,181 shares of company stock valued at $2,837,986. 2.27% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.