Kratos Defense & Security Solutions (KTOS) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kratos Defense & Security Solutions in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KTOS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KTOS, but not buy additional shares or sell existing shares.
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5 analysts have issued 12 month price objectives for Kratos Defense & Security Solutions' shares. Their KTOS share price forecasts range from $11.50 to $20.00. On average, they expect the company's share price to reach $15.08 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
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Kratos Defense & Security Solutions' stock was trading at $10.32 on January 1st, 2023. Since then, KTOS shares have increased by 28.7% and is now trading at $13.28.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
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Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) released its quarterly earnings results on Wednesday, May, 3rd. The aerospace company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.03. The aerospace company earned $231.80 million during the quarter, compared to analysts' expectations of $223.53 million. Kratos Defense & Security Solutions had a negative net margin of 3.00% and a positive trailing twelve-month return on equity of 1.68%. Kratos Defense & Security Solutions's revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.04 earnings per share.

ETFs with the largest weight of Kratos Defense & Security Solutions (NASDAQ:KTOS) stock in their portfolio include ARK Autonomous Technology & Robotics ETF (ARKQ), ARK Space Exploration & Innovation ETF (ARKX), AdvisorShares Drone Technology ETF (UAV), SPDR Kensho Future Security ETF (FITE), SPDR S&P Aerospace & Defense ETF (XAR), Nuveen Small Cap Select ETF (NSCS), Mohr Growth ETF (MOHR) and First Trust Indxx Aerospace & Defense ETF (MISL).

Kratos Defense & Security Solutions updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $230.00 million-$240.00 million, compared to the consensus revenue estimate of $241.27 million.

69 employees have rated Kratos Defense & Security Solutions Chief Executive Officer Eric M. DeMarco on Glassdoor.com. Eric M. DeMarco has an approval rating of 73% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kratos Defense & Security Solutions investors own include NVIDIA (NVDA), Micron Technology (MU), Applied Materials (AMAT), Advanced Micro Devices (AMD), AT&T (T), Intel (INTC), Raytheon Technologies (RTX), Cisco Systems (CSCO), OPKO Health (OPK) and Alibaba Group (BABA).

Kratos Defense & Security Solutions trades on the NASDAQ under the ticker symbol "KTOS."

Kratos Defense & Security Solutions' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.87%), ARK Investment Management LLC (5.62%), State Street Corp (4.15%), Sumitomo Mitsui Trust Holdings Inc. (3.75%), Nikko Asset Management Americas Inc. (3.75%) and Stephens Investment Management Group LLC (3.22%). Insiders that own company stock include Benjamin M Goodwin, Benjamin M Goodwin, David M Carter, De Burgreen Maria Cervantes, Deanna H Lund, Deanna H Lund, Eric M Demarco, Eric M Demarco, Jane Elizabeth Judd, Jonah Adelman, Marie Mendoza, Phillip D Carrai, Phillip D Carrai, Samuel N Liberatore, Scot B Jarvis, Scott I Anderson, Stacey G Rock, Stacey G Rock, Steven S Fendley, Steven S Fendley, Thomas E Iv Mills and Thomas E Iv Mills.
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Shares of KTOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KTOS stock can currently be purchased for approximately $13.28.

Kratos Defense & Security Solutions (NASDAQ:KTOS) has a market capitalization of $1.69 billion and generates $898.30 million in revenue each year. The aerospace company earns $-36,900,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis.

The company employs 3,600 workers across the globe.

Kratos Defense & Security Solutions' mailing address is 10680 TREENA STREET SUITE 600, SAN DIEGO CA, 92131. The official website for the company is www.kratosdefense.com. The aerospace company can be reached via phone at (512) 238-9840, via email at investor@kratosdefense.com, or via fax at 858-812-7301.