Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Receives Average Recommendation of "Moderate Buy" from Analysts

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) has received an average rating of "Moderate Buy" from the nine research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $36.75.

Several equities research analysts have recently weighed in on the company. Benchmark upped their price objective on Kratos Defense & Security Solutions from $38.00 to $40.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. increased their price target on Kratos Defense & Security Solutions from $27.00 to $33.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Wall Street Zen lowered Kratos Defense & Security Solutions from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Royal Bank of Canada increased their price target on Kratos Defense & Security Solutions from $35.00 to $38.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Finally, Truist Financial increased their price target on Kratos Defense & Security Solutions from $32.00 to $38.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th.

Insiders Place Their Bets

In other news, insider Phillip D. Carrai sold 6,000 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $31.38, for a total value of $188,280.00. Following the transaction, the insider now owns 293,897 shares of the company's stock, valued at $9,222,487.86. This represents a 2.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Marie Mendoza sold 2,031 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $31.36, for a total value of $63,692.16. Following the completion of the transaction, the senior vice president now directly owns 69,288 shares in the company, valued at approximately $2,172,871.68. This trade represents a 2.85% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,184 shares of company stock valued at $5,149,125. 2.37% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Costello Asset Management INC bought a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter valued at $29,000. Larson Financial Group LLC bought a new stake in shares of 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% in the 1st quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock valued at $30,000 after buying an additional 950 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter valued at $30,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of Kratos Defense & Security Solutions by 202.3% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company's stock valued at $31,000 after buying an additional 700 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company's stock.

Kratos Defense & Security Solutions Trading Up 0.3%

KTOS stock opened at $40.47 on Friday. Kratos Defense & Security Solutions has a 1-year low of $17.91 and a 1-year high of $41.47. The firm has a market cap of $6.21 billion, a P/E ratio of 404.74 and a beta of 0.99. The business's 50 day moving average is $34.25 and its 200-day moving average is $30.91. The company has a current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13.

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, beating the consensus estimate of $0.09 by $0.03. Kratos Defense & Security Solutions had a return on equity of 3.68% and a net margin of 1.31%. The company had revenue of $302.60 million for the quarter, compared to analyst estimates of $292.25 million. During the same period in the prior year, the company posted $0.11 EPS. The company's revenue was up 9.2% compared to the same quarter last year. Equities analysts anticipate that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current fiscal year.

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.

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