Analysts Set Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Price Target at $57.64

Key Points

• Kratos Defense & Security Solutions, Inc. has received a consensus recommendation of "Moderate Buy" from 16 research firms, with an average 12-month price objective set at $57.64.
• The aerospace company reported a Q2 EPS of $0.11, exceeding expectations, and revenue increased by 17.1% year-over-year to $351.50 million.
• Recent insider activity includes CFO Deanna H. Lund selling 6,567 shares, and hedge funds now own 75.92% of the company's stock.

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

Several research analysts recently commented on KTOS shares. Citigroup reaffirmed a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, July 22nd. Stifel Nicolaus lifted their target price on shares of Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Canaccord Genuity Group set a $74.00 target price on shares of Kratos Defense & Security Solutions and gave the stock a "buy" rating in a research note on Monday, August 11th. JMP Securities set a $70.00 target price on shares of Kratos Defense & Security Solutions and gave the stock a "market outperform" rating in a research note on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the stock a "neutral" rating in a research note on Monday, June 30th.

Kratos Defense & Security Solutions Trading Up 3.0%

Shares of KTOS traded up $1.93 during mid-day trading on Thursday, reaching $66.71. The company's stock had a trading volume of 2,981,872 shares, compared to its average volume of 4,042,620. The stock has a market cap of $11.26 billion, a PE ratio of 667.17 and a beta of 1.04. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12. Kratos Defense & Security Solutions has a 52 week low of $20.83 and a 52 week high of $72.70. The company's fifty day moving average price is $54.16 and its two-hundred day moving average price is $40.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The firm 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 quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts predict that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current fiscal year.

Insider Activity at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 6,567 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $37.75, for a total transaction of $247,904.25. Following the transaction, the chief financial officer directly owned 318,766 shares of the company's stock, valued at approximately $12,033,416.50. The trade was a 2.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stacey G. Rock sold 4,000 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $37.74, for a total transaction of $150,960.00. Following the transaction, the insider directly owned 49,811 shares in the company, valued at approximately $1,879,867.14. The trade was a 7.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,986 shares of company stock valued at $3,946,088 in the last 90 days. 2.37% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Costello Asset Management INC purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $29,000. Aspect Partners LLC boosted its stake in Kratos Defense & Security Solutions by 1,900.0% in the 1st quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock worth $30,000 after purchasing an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new position in Kratos Defense & Security Solutions in the 1st quarter worth about $30,000. Larson Financial Group LLC bought a new position in Kratos Defense & Security Solutions in the 1st quarter worth about $30,000. Finally, TD Waterhouse Canada Inc. bought a new position in Kratos Defense & Security Solutions in the 2nd quarter worth about $30,000. 75.92% of the stock is owned by hedge funds and other institutional investors.

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.