B. Riley Has Pessimistic Outlook of KTOS FY2025 Earnings

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) - B. Riley lowered their FY2025 earnings estimates for shares of Kratos Defense & Security Solutions in a report issued on Monday, July 14th. B. Riley analyst M. Crawford now anticipates that the aerospace company will earn $0.27 per share for the year, down from their prior forecast of $0.28. The consensus estimate for Kratos Defense & Security Solutions' current full-year earnings is $0.31 per share. B. Riley also issued estimates for Kratos Defense & Security Solutions' FY2026 earnings at $0.48 EPS.

Several other analysts have also issued reports on KTOS. JPMorgan Chase & Co. upped their price objective on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a "neutral" rating in a research note on Monday, June 30th. Wall Street Zen cut Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Benchmark boosted their target price on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Truist Financial upped their price objective on Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Finally, Noble Financial reiterated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $46.25.

Kratos Defense & Security Solutions Stock Up 8.7%

Shares of NASDAQ KTOS traded up $4.70 during midday trading on Wednesday, reaching $58.98. The company's stock had a trading volume of 6,429,167 shares, compared to its average volume of 2,165,573. The stock has a 50 day simple moving average of $40.79 and a 200-day simple moving average of $34.30. The company has a current ratio of 2.84, a quick ratio of 2.26 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $9.05 billion, a price-to-earnings ratio of 451.77 and a beta of 1.06. Kratos Defense & Security Solutions has a fifty-two week low of $17.91 and a fifty-two week high of $58.93.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The aerospace company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.03. The business had revenue of $302.60 million for the quarter, compared to analyst estimates of $292.25 million. Kratos Defense & Security Solutions had a net margin of 1.68% and a return on equity of 3.85%. Kratos Defense & Security Solutions's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 EPS.

Insider Transactions at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Jonah Adelman sold 40,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $33.76, for a total transaction of $1,350,400.00. Following the completion of the transaction, the insider owned 39,348 shares in the company, valued at approximately $1,328,388.48. The trade was a 50.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Phillip D. Carrai sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $33.73, for a total transaction of $202,380.00. Following the transaction, the insider directly owned 282,084 shares in the company, valued at $9,514,693.32. This represents a 2.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 143,572 shares of company stock valued at $5,175,766. Corporate insiders own 2.37% of the company's stock.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

A number of institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in shares of Kratos Defense & Security Solutions by 129.0% in the second quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company's stock valued at $41,000 after acquiring an additional 503 shares in the last quarter. Costello Asset Management INC purchased a new position in Kratos Defense & Security Solutions in the first quarter worth $29,000. Larson Financial Group LLC bought a new position in Kratos Defense & Security Solutions in the 1st quarter valued at $30,000. Aspect Partners LLC increased its position in shares of Kratos Defense & Security Solutions by 1,900.0% during the 1st quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 950 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new position in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $30,000. 75.92% of the stock is owned by institutional investors.

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.