Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) had its target price raised by equities researchers at JMP Securities from $70.00 to $105.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a "market outperform" rating on the aerospace company's stock. JMP Securities' price target would suggest a potential upside of 12.95% from the company's current price.
A number of other equities analysts have also recently commented on KTOS. BTIG Research raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 target price on the stock in a report on Thursday, August 14th. Benchmark boosted their price target on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Citigroup restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Thursday. JPMorgan Chase & Co. boosted their target price on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the stock a "neutral" rating in a research report on Monday, June 30th. Finally, B. Riley reissued a "buy" rating and set a $72.00 target price (up from $55.00) on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $63.50.
Read Our Latest Research Report on KTOS
Kratos Defense & Security Solutions Price Performance
Kratos Defense & Security Solutions stock opened at $92.96 on Thursday. The company's 50 day simple moving average is $68.90 and its 200-day simple moving average is $48.73. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. Kratos Defense & Security Solutions has a 1 year low of $22.69 and a 1 year high of $93.52. The company has a market capitalization of $15.69 billion, a price-to-earnings ratio of 929.69 and a beta of 1.12.
Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The business had revenue of $351.50 million during the quarter, compared to analyst estimates of $305.67 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts expect that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current year.
Insider Transactions at Kratos Defense & Security Solutions
In other Kratos Defense & Security Solutions news, insider David M. Carter sold 4,000 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $68.70, for a total value of $274,800.00. Following the sale, the insider directly owned 97,809 shares in the company, valued at approximately $6,719,478.30. This trade represents a 3.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP De Burgreen Maria Cervantes sold 6,264 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $69.80, for a total value of $437,227.20. Following the completion of the sale, the vice president owned 53,609 shares in the company, valued at approximately $3,741,908.20. This represents a 10.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 73,430 shares of company stock valued at $4,863,182 over the last ninety days. 2.37% of the stock is currently owned by corporate insiders.
Institutional Trading of Kratos Defense & Security Solutions
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM LLC boosted its stake in shares of Kratos Defense & Security Solutions by 3.8% during the second quarter. CWM LLC now owns 4,722 shares of the aerospace company's stock valued at $219,000 after purchasing an additional 171 shares in the last quarter. Red Mountain Financial LLC raised its holdings in Kratos Defense & Security Solutions by 1.9% in the 2nd quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company's stock valued at $488,000 after buying an additional 200 shares during the last quarter. NewEdge Advisors LLC boosted its position in Kratos Defense & Security Solutions by 15.2% during the 2nd quarter. NewEdge Advisors LLC now owns 1,515 shares of the aerospace company's stock worth $70,000 after buying an additional 200 shares during the period. MRP Capital Investments LLC increased its position in Kratos Defense & Security Solutions by 11.1% in the 2nd quarter. MRP Capital Investments LLC now owns 2,500 shares of the aerospace company's stock valued at $116,000 after acquiring an additional 250 shares during the period. Finally, ORG Partners LLC increased its position in Kratos Defense & Security Solutions by 12.3% in the 2nd quarter. ORG Partners LLC now owns 2,432 shares of the aerospace company's stock valued at $105,000 after acquiring an additional 267 shares during the period. 75.92% of the stock is owned by institutional investors and hedge funds.
About Kratos Defense & Security Solutions
(
Get Free Report)
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.
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