Kratos Defense & Security Solutions (NASDAQ:KTOS) Trading Down 3.1% – What’s Next?

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)’s share price dropped 3.1% during trading on Monday . The stock traded as low as $68.85 and last traded at $70.24. Approximately 2,214,617 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 3,603,596 shares. The stock had previously closed at $72.45.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Robert W. Baird increased 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. JMP Securities increased their price objective on shares of 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. Stifel Nicolaus raised their target price on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Truist Financial upped their price target on shares of Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $85.00 price target on shares of Kratos Defense & Security Solutions in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $82.36.

Kratos Defense & Security Solutions Stock Down 3.1%

The firm’s 50-day moving average price is $84.73 and its 200-day moving average price is $62.09. 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 company has a market cap of $11.86 billion, a price-to-earnings ratio of 702.47 and a beta of 1.11.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $347.60 million for the quarter, compared to analyst estimates of $323.01 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The firm’s revenue was up 26.0% compared to the same quarter last year. During the same period last year, the company posted $0.11 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $90.26, for a total value of $451,300.00. Following the completion of the transaction, the chief financial officer owned 303,114 shares in the company, valued at $27,359,069.64. This represents a 1.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Marie Mendoza sold 1,440 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $97.10, for a total transaction of $139,824.00. Following the completion of the sale, the senior vice president directly owned 60,396 shares of the company’s stock, valued at $5,864,451.60. This trade represents a 2.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 82,716 shares of company stock worth $6,608,725. Insiders own 2.37% of the company’s stock.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Costello Asset Management INC purchased a new position in Kratos Defense & Security Solutions in the 1st quarter valued at about $29,000. Larson Financial Group LLC acquired a new position in shares of Kratos Defense & Security Solutions in the first quarter worth about $30,000. TD Waterhouse Canada Inc. purchased a new position in Kratos Defense & Security Solutions in the second quarter valued at about $30,000. Rakuten Securities Inc. acquired a new stake in Kratos Defense & Security Solutions during the 2nd quarter valued at approximately $31,000. Finally, Bayforest Capital Ltd purchased a new stake in Kratos Defense & Security Solutions during the 3rd quarter worth approximately $32,000. 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.