Brokerages Set Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Price Target at $69.14

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) have earned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $77.3571.

KTOS has been the subject of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Wednesday, October 8th. Stifel Nicolaus lifted their price objective on Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a report on Wednesday. Benchmark lifted their price objective on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. JMP Securities lifted their price objective on Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a “market outperform” rating in a report on Thursday, October 2nd. Finally, B. Riley cut Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $72.00 to $105.00 in a report on Wednesday, October 8th.

Kratos Defense & Security Solutions Stock Down 2.2%

KTOS opened at $88.62 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The business has a 50 day simple moving average of $77.29 and a 200-day simple moving average of $53.68. The stock has a market capitalization of $14.96 billion, a P/E ratio of 886.29 and a beta of 1.12. Kratos Defense & Security Solutions has a 12 month low of $22.69 and a 12 month high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The business had revenue of $351.50 million during the quarter, compared to analysts’ expectations of $305.67 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts anticipate 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, VP De Burgreen Maria Cervantes sold 6,264 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $69.80, for a total transaction of $437,227.20. Following the completion of the transaction, the vice president owned 53,609 shares of the company’s stock, valued at approximately $3,741,908.20. This trade represents a 10.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Phillip D. Carrai sold 6,000 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $67.78, for a total value of $406,680.00. Following the transaction, the insider directly owned 264,074 shares of the company’s stock, valued at $17,898,935.72. The trade was a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,276 shares of company stock valued at $5,678,021 in the last ninety days. 2.37% of the stock is owned by insiders.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

Hedge funds have recently bought and sold shares of the stock. Rovida Advisors Inc. purchased a new stake in Kratos Defense & Security Solutions during the second quarter valued at about $82,315,000. Vanguard Group Inc. grew its position in Kratos Defense & Security Solutions by 11.7% during the first quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock valued at $488,332,000 after acquiring an additional 1,728,179 shares during the period. Nuveen LLC purchased a new stake in Kratos Defense & Security Solutions during the first quarter valued at about $41,118,000. Voya Investment Management LLC grew its position in Kratos Defense & Security Solutions by 129.2% during the first quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock valued at $64,226,000 after acquiring an additional 1,219,585 shares during the period. Finally, Franklin Resources Inc. lifted its stake in shares of Kratos Defense & Security Solutions by 29.6% during the second quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock worth $236,268,000 after purchasing an additional 1,162,577 shares in the last quarter. Hedge funds and other institutional investors own 75.92% of the company’s stock.

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.