Kratos Defense & Security Solutions (NASDAQ:KTOS) Announces Earnings Results

Kratos Defense & Security Solutions (NASDAQ:KTOS) announced its quarterly earnings results on Tuesday. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02, Briefing.com reports. The business had revenue of $347.60 million during the quarter, compared to the consensus estimate of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business’s revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.11 EPS. Kratos Defense & Security Solutions updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock traded down $6.08 during trading on Thursday, reaching $71.33. 4,605,772 shares of the company’s stock were exchanged, compared to its average volume of 3,612,432. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12. The firm’s fifty day moving average price is $83.25 and its 200-day moving average price is $59.58. Kratos Defense & Security Solutions has a twelve month low of $23.81 and a twelve month high of $112.57. The stock has a market capitalization of $12.04 billion, a PE ratio of 713.40 and a beta of 1.11.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $91.25, for a total value of $638,750.00. Following the completion of the transaction, the insider directly owned 332,421 shares in the company, valued at approximately $30,333,416.25. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Phillip D. Carrai sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $96.90, for a total value of $581,400.00. Following the sale, the insider directly owned 252,041 shares of the company’s stock, valued at $24,422,772.90. This represents a 2.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 86,716 shares of company stock worth $6,857,545 over the last quarter. 2.37% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kratos Defense & Security Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Rakuten Securities Inc. bought a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter worth approximately $31,000. NewEdge Advisors LLC boosted its position in shares of Kratos Defense & Security Solutions by 64.4% during the first quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock valued at $39,000 after buying an additional 515 shares during the period. Chapman Financial Group LLC bought a new stake in shares of Kratos Defense & Security Solutions during the second quarter valued at approximately $54,000. Russell Investments Group Ltd. raised its stake in Kratos Defense & Security Solutions by 1,550.0% in the second quarter. Russell Investments Group Ltd. now owns 1,617 shares of the aerospace company’s stock worth $75,000 after buying an additional 1,519 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Kratos Defense & Security Solutions by 142.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,855 shares of the aerospace company’s stock valued at $85,000 after acquiring an additional 1,091 shares during the period. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KTOS shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. B. Riley downgraded shares of Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and boosted their price target for the company from $72.00 to $105.00 in a report on Wednesday, October 8th. Citigroup reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, October 2nd. BTIG Research upped their target price on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the company a “buy” rating in a report on Thursday. Finally, Robert W. Baird upped their target price on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $78.43.

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.