Kratos Defense & Security Solutions (NASDAQ:KTOS) Reaches New 12-Month High - What's Next?

Key Points

• Kratos Defense & Security Solutions' stock (NASDAQ:KTOS) reached a new 12-month high of $103.00 before closing at $99.47, driven by significant trading volume.
• Recent analyst reports show bullish sentiment, with multiple firms upgrading their price targets and providing "buy" ratings, leading to a consensus target price of $63.50.
• The company reported quarterly earnings surpassing estimates, with $351.50 million in revenue and $0.11 earnings per share (EPS), reflecting a 17.1% revenue increase year-over-year.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as $103.00 and last traded at $99.47, with a volume of 1120172 shares changing hands. The stock had previously closed at $96.19.

Analyst Upgrades and Downgrades

KTOS has been the subject of several research reports. B. Riley reissued a "buy" rating and set a $72.00 price objective (up from $55.00) on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Benchmark upped their target price on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, July 8th. Stifel Nicolaus lifted their price target on 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. Noble Financial reaffirmed an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Monday, August 11th. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Kratos Defense & Security Solutions currently has an average rating of "Moderate Buy" and a consensus target price of $63.50.

Kratos Defense & Security Solutions Price Performance

The company has a market cap of $16.87 billion, a P/E ratio of 997.68 and a beta of 1.12. The stock has a 50-day simple moving average of $70.35 and a 200 day simple moving average of $49.86. 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 (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 the consensus estimate of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The firm had revenue of $351.50 million during the quarter, compared to analyst estimates of $305.67 million. During the same quarter in the prior year, the business posted $0.14 earnings per share. The company's quarterly 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 analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insider Activity at Kratos Defense & Security Solutions

In related news, VP De Burgreen Maria Cervantes sold 6,264 shares of the business'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 transaction, the vice president owned 53,609 shares in the company, valued at $3,741,908.20. The trade was a 10.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Marie Mendoza sold 1,408 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $69.45, for a total value of $97,785.60. Following the completion of the transaction, the senior vice president owned 61,943 shares in the company, valued at $4,301,941.35. The trade was a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 82,276 shares of company stock valued at $5,677,241. 2.37% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new stake in Kratos Defense & Security Solutions during the 1st quarter worth about $594,000. Corebridge Financial Inc. grew its stake in shares of Kratos Defense & Security Solutions by 5.2% during the first quarter. Corebridge Financial Inc. now owns 77,422 shares of the aerospace company's stock worth $2,299,000 after purchasing an additional 3,860 shares during the period. State of Alaska Department of Revenue increased its holdings in Kratos Defense & Security Solutions by 15.8% in the second quarter. State of Alaska Department of Revenue now owns 98,033 shares of the aerospace company's stock valued at $4,552,000 after purchasing an additional 13,345 shares during the last quarter. Trivium Point Advisory LLC lifted its stake in Kratos Defense & Security Solutions by 25.0% in the second quarter. Trivium Point Advisory LLC now owns 22,406 shares of the aerospace company's stock valued at $1,041,000 after buying an additional 4,483 shares during the period. Finally, New York State Teachers Retirement System bought a new position in Kratos Defense & Security Solutions during the first quarter worth about $1,407,000. Institutional investors own 75.92% of the company's stock.

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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