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

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

KTOS stock traded up $0.12 during midday trading on Friday, reaching $26.39. 2,860,618 shares of the company's stock traded hands, compared to its average volume of 1,240,501. The company has a market capitalization of $4.00 billion, a P/E ratio of 263.93 and a beta of 1.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.22 and a quick ratio of 2.61. Kratos Defense & Security Solutions has a fifty-two week low of $16.78 and a fifty-two week high of $35.66. The business has a 50-day moving average price of $29.87 and a two-hundred day moving average price of $26.26.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 6,000 shares of the business's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $26.73, for a total transaction of $160,380.00. Following the transaction, the chief financial officer now owns 267,708 shares in the company, valued at $7,155,834.84. The trade was a 2.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP De Burgreen Maria Cervantes sold 19,528 shares of the business's stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $30.00, for a total value of $585,840.00. Following the transaction, the vice president now owns 51,121 shares in the company, valued at approximately $1,533,630. This represents a 27.64 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 99,181 shares of company stock valued at $2,837,986 over the last ninety days. Corporate insiders own 2.27% of the company's stock.

Analyst Upgrades and Downgrades

KTOS has been the topic of several research reports. StockNews.com lowered Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a report on Thursday. B. Riley raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and upped their target price for the company from $26.00 to $35.00 in a report on Monday, January 13th. JPMorgan Chase & Co. upped their target price on Kratos Defense & Security Solutions from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Thursday. Royal Bank of Canada lowered their price target on shares of Kratos Defense & Security Solutions from $37.00 to $32.00 and set an "outperform" rating on the stock in a research report on Thursday. Finally, Jefferies Financial Group increased their price target on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a "hold" rating in a research report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $32.00.

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.