Kratos Defense & Security Solutions (NASDAQ:KTOS) Releases Quarterly Earnings Results, Meets Estimates

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) announced its earnings results on Wednesday. The aerospace company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09, Zacks reports. The business had revenue of $283.10 million for the quarter, compared to analysts' expectations of $288.33 million. Kratos Defense & Security Solutions had a return on equity of 3.68% and a net margin of 1.31%. Kratos Defense & Security Solutions updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Kratos Defense & Security Solutions Trading Up 0.5 %

Shares of KTOS stock traded up $0.12 on Friday, reaching $26.39. 2,860,618 shares of the company's stock were exchanged, compared to its average volume of 1,240,501. The company's fifty day simple moving average is $29.87 and its 200 day simple moving average is $26.26. Kratos Defense & Security Solutions has a 52 week low of $16.78 and a 52 week high of $35.66. 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 stock has a market capitalization of $4.00 billion, a PE ratio of 263.93 and a beta of 1.10.

Insider Transactions at Kratos Defense & Security Solutions

In related news, insider Steven S. Fendley sold 7,000 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $24.59, for a total value of $172,130.00. Following the transaction, the insider now owns 370,660 shares of the company's stock, valued at $9,114,529.40. This trade represents a 1.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Marie Mendoza sold 1,500 shares of the business's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $27.96, for a total transaction of $41,940.00. Following the completion of the sale, the senior vice president now directly owns 55,631 shares of the company's stock, valued at approximately $1,555,442.76. This trade represents a 2.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 99,181 shares of company stock worth $2,837,986. 2.27% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. JMP Securities reiterated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 4th. B. Riley upgraded shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and raised their price objective for the company from $26.00 to $35.00 in a research report on Monday, January 13th. 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 report on Tuesday, January 14th. JPMorgan Chase & Co. raised their price target on Kratos Defense & Security Solutions from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Robert W. Baird upped their price objective on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $32.00.

About Kratos Defense & Security Solutions

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.