Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) has received a consensus rating of “Moderate Buy” from the twenty-two ratings firms that are currently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $93.8333.

KTOS has been the topic of a number of research analyst reports. B. Riley Financial increased their price target on Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. BNP Paribas Exane set a $80.00 target price on Kratos Defense & Security Solutions in a report on Tuesday, November 18th. BTIG Research lifted their price target on Kratos Defense & Security Solutions from $80.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Citigroup reiterated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Monday, January 12th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $85.00 price objective on shares of Kratos Defense & Security Solutions in a research report on Thursday, November 6th.

Insiders Place Their Bets

In other news, insider Phillip D. Carrai sold 6,500 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $123.30, for a total transaction of $801,450.00. Following the completion of the sale, the insider owned 219,741 shares in the company, valued at $27,094,065.30. The trade was a 2.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider David M. Carter sold 4,000 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $87.40, for a total value of $349,600.00. Following the transaction, the insider directly owned 77,826 shares in the company, valued at $6,801,992.40. This trade represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 914,407 shares of company stock valued at $74,930,858 over the last quarter. Company insiders own 2.37% of the company’s stock.

Institutional Trading of Kratos Defense & Security Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in KTOS. Atlantic Union Bankshares Corp boosted its stake in shares of Kratos Defense & Security Solutions by 7,600.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 380 shares during the last quarter. TD Waterhouse Canada Inc. bought a new position in Kratos Defense & Security Solutions in the second quarter valued at approximately $30,000. Rakuten Securities Inc. bought a new position in Kratos Defense & Security Solutions in the second quarter valued at approximately $31,000. Bayforest Capital Ltd acquired a new stake in Kratos Defense & Security Solutions during the 3rd quarter worth $32,000. Finally, Caitlin John LLC bought a new stake in shares of Kratos Defense & Security Solutions during the 3rd quarter valued at $32,000. 75.92% of the stock is owned by institutional investors.

Kratos Defense & Security Solutions Price Performance

NASDAQ:KTOS opened at $97.21 on Thursday. The company has a quick ratio of 3.68, a current ratio of 4.30 and a debt-to-equity ratio of 0.04. The firm has a market cap of $16.56 billion, a PE ratio of 747.83 and a beta of 1.09. Kratos Defense & Security Solutions has a 12 month low of $23.90 and a 12 month high of $134.00. The company’s 50-day moving average price is $95.44 and its two-hundred day moving average price is $83.64.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.