Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Kratos Defense & Security Solutions received an average consensus rating of "Moderate Buy" from 16 brokerages, with 13 analysts recommending a buy and one a strong buy.
• Recent insider trading saw Phillip D. Carrai sell 6,000 shares for approximately $406,680, reducing his ownership stake by 2.22%.
• In Q2, Kratos reported earnings of $0.11 per share, exceeding estimates, with a revenue increase of 17.1% year-over-year, totaling $351.50 million.

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) have been given a consensus rating of "Moderate Buy" by the sixteen ratings firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $57.6429.

A number of brokerages recently weighed in on KTOS. Noble Financial reaffirmed an "outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. Truist Financial raised their price objective on Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the company a "buy" rating in a research report on Friday, June 27th. Stifel Nicolaus raised their price objective on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a "buy" rating in a research report on Monday, July 21st. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price objective on the stock in a research report on Monday, June 30th. Finally, Royal Bank Of Canada raised their price objective on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an "outperform" rating in a research report on Friday, August 8th.

Insiders Place Their Bets

In other Kratos Defense & Security Solutions news, insider Phillip D. Carrai sold 6,000 shares of the firm's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $67.78, for a total value of $406,680.00. Following the completion of the sale, the insider owned 264,074 shares of the company's stock, valued at approximately $17,898,935.72. This trade represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas E. Iv Mills sold 5,758 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $65.54, for a total value of $377,379.32. Following the completion of the sale, the insider directly owned 9,692 shares of the company's stock, valued at approximately $635,213.68. This represents a 37.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 59,758 shares of company stock valued at $3,522,429. 2.37% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Institutional investors have recently added to or reduced their stakes in the business. Costello Asset Management INC acquired a new stake in Kratos Defense & Security Solutions in the first quarter worth about $29,000. Aspect Partners LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 1,900.0% during the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock worth $30,000 after purchasing an additional 950 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the first quarter worth about $30,000. Larson Financial Group LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the first quarter worth about $30,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of Kratos Defense & Security Solutions during the second quarter worth about $30,000. Institutional investors and hedge funds own 75.92% of the company's stock.

Kratos Defense & Security Solutions Price Performance

KTOS opened at $69.20 on Monday. Kratos Defense & Security Solutions has a 12-month low of $21.78 and a 12-month high of $72.70. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. The business's fifty day simple moving average is $61.07 and its 200-day simple moving average is $44.07. The company has a market capitalization of $11.68 billion, a price-to-earnings ratio of 692.07 and a beta of 1.05.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The business had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. During the same quarter in the prior year, the company earned $0.14 EPS. The business's revenue was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current fiscal year.

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.

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