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

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) have been given an average recommendation of "Moderate Buy" by the eight research firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $23.38.

Several research firms have recently weighed in on KTOS. Raymond James upgraded shares of Kratos Defense & Security Solutions from an "outperform" rating to a "strong-buy" rating and lifted their target price for the stock from $20.00 to $27.00 in a research note on Friday, April 26th. Jefferies Financial Group reduced their price objective on shares of Kratos Defense & Security Solutions from $22.00 to $20.00 and set a "hold" rating for the company in a research note on Wednesday, April 10th. JMP Securities assumed coverage on Kratos Defense & Security Solutions in a research report on Tuesday. They set a "market outperform" rating and a $27.00 target price on the stock. Benchmark reaffirmed a "buy" rating and issued a $25.00 price target on shares of Kratos Defense & Security Solutions in a report on Thursday, April 25th. Finally, JPMorgan Chase & Co. boosted their price objective on Kratos Defense & Security Solutions from $20.00 to $23.00 and gave the company a "neutral" rating in a research note on Tuesday.

Insider Buying and Selling at Kratos Defense & Security Solutions

In related news, insider Steven S. Fendley sold 7,000 shares of the company's stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $17.80, for a total value of $124,600.00. Following the transaction, the insider now directly owns 419,821 shares in the company, valued at $7,472,813.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Kratos Defense & Security Solutions news, SVP Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $18.05, for a total transaction of $27,075.00. Following the completion of the sale, the senior vice president now owns 90,713 shares of the company's stock, valued at $1,637,369.65. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction dated Monday, March 25th. The shares were sold at an average price of $17.80, for a total value of $124,600.00. Following the transaction, the insider now owns 419,821 shares in the company, valued at $7,472,813.80. The disclosure for this sale can be found here. Insiders have sold a total of 61,038 shares of company stock valued at $1,209,659 in the last 90 days. Corporate insiders own 2.27% of the company's stock.

Institutional Trading of Kratos Defense & Security Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of KTOS. TFO Wealth Partners LLC increased its holdings in shares of Kratos Defense & Security Solutions by 120,800.0% in the fourth quarter. TFO Wealth Partners LLC now owns 1,209 shares of the aerospace company's stock worth $25,000 after buying an additional 1,208 shares during the period. NBC Securities Inc. purchased a new position in Kratos Defense & Security Solutions in the 1st quarter worth approximately $33,000. PNC Financial Services Group Inc. lifted its position in Kratos Defense & Security Solutions by 222.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,777 shares of the aerospace company's stock valued at $36,000 after purchasing an additional 1,226 shares during the last quarter. EntryPoint Capital LLC boosted its stake in shares of Kratos Defense & Security Solutions by 179.1% during the first quarter. EntryPoint Capital LLC now owns 2,347 shares of the aerospace company's stock valued at $43,000 after purchasing an additional 1,506 shares during the period. Finally, Headlands Technologies LLC bought a new position in shares of Kratos Defense & Security Solutions in the fourth quarter worth approximately $47,000. Hedge funds and other institutional investors own 75.92% of the company's stock.

Kratos Defense & Security Solutions Stock Performance

NASDAQ KTOS traded up $0.26 during trading hours on Tuesday, reaching $21.80. 1,398,911 shares of the company were exchanged, compared to its average volume of 1,292,015. The stock has a market capitalization of $3.27 billion, a P/E ratio of 82.85 and a beta of 0.81. The company has a quick ratio of 2.47, a current ratio of 3.02 and a debt-to-equity ratio of 0.14. Kratos Defense & Security Solutions has a 1 year low of $12.88 and a 1 year high of $22.77. The business's 50 day simple moving average is $18.87 and its 200-day simple moving average is $18.89.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.06. Kratos Defense & Security Solutions had a negative net margin of 0.06% and a positive return on equity of 3.43%. The company had revenue of $277.20 million during the quarter, compared to analyst estimates of $250.48 million. During the same quarter last year, the business posted $0.01 EPS. Kratos Defense & Security Solutions's quarterly revenue was up 19.6% compared to the same quarter last year. On average, equities research analysts expect that Kratos Defense & Security Solutions will post 0.28 earnings per share for the current year.

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.