2 weeks Ago By Defense World Staff
Shares of Kratos Defense & Security Solutions, Inc. ( NASDAQ:KTOS – Get Free Report ) have received an average rating of “Moderate Buy” from the ten ratings firms that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.
The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $25.00. KTOS has been the topic of a number of recent analyst reports.
Benchmark reaffirmed a “buy” rating and set a $25.00 price target on shares of Kratos Defense & Security Solutions in a report on Friday, September 13th. BTIG Research initiated coverage on shares of Kratos Defense & Security Solutions in a research report on Wednesday, June 26th.
They issued a “neutral” rating for the company. Royal Bank of Canada boosted their target price on shares of Kratos Defense & Security Solutions from $23.00 to $24.
00 and gave the company an “outperform” rating in a research note on Monday, June 3rd. Robert W. Baird raised their price target on Kratos Defense & Security Solutions from $22.
00 to $35.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. Finally, Truist Financial reaffirmed a “buy” rating and issued a $27.
00 price objective (up previously from $25.00) on shares of Kratos Defense & Security Solutions in a report on Thursday. Check Out Our Latest Report on Kratos Defense & Security Solutions Insider Buying and Selling at Kratos Defense & Security Solutions Hedge Funds Weigh In On Kratos Defense & Security Solutions A number of hedge funds have recently made changes to their positions in the business.
Cubist Systematic Strategies LLC purchased a new position in shares of Kratos Defense & Security Solutions in the second quarter worth $107,000. Point72 Asia Singapore Pte. Ltd.
bought a new position in shares of Kratos Defense & Security Solutions during the 2nd quarter valued at about $61,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Kratos Defense & Security Solutions during the second quarter valued at about $102,000.
Creative Planning increased its holdings in shares of Kratos Defense & Security Solutions by 57.6% in the second quarter. Creative Planning now owns 24,540 shares of the aerospace company’s stock worth $491,000 after purchasing an additional 8,969 shares during the last quarter.
Finally, Algert Global LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the second quarter worth about $302,000. Institutional investors own 75.92% of the company’s stock.
Kratos Defense & Security Solutions Price Performance Shares of KTOS opened at $23.29 on Monday. Kratos Defense & Security Solutions has a twelve month low of $14.
33 and a twelve month high of $24.08. The company has a market capitalization of $3.
52 billion, a P/E ratio of 72.56 and a beta of 1.02.
The firm has a 50 day moving average of $21.82 and a 200 day moving average of $20.33.
The company has a quick ratio of 2.56, a current ratio of 3.13 and a debt-to-equity ratio of 0.
14. Kratos Defense & Security Solutions ( NASDAQ:KTOS – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The aerospace company reported $0.
14 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.05.
Kratos Defense & Security Solutions had a return on equity of 3.92% and a net margin of 0.89%.
The firm had revenue of $300.10 million during the quarter, compared to analysts’ expectations of $276.08 million.
During the same quarter in the previous year, the business earned $0.05 earnings per share. The company’s revenue was up 16.
8% on a year-over-year basis. As a group, equities research analysts anticipate that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current fiscal year.
About Kratos Defense & Security Solutions ( Get Free Report 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.
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