Kratos Defense & Security Solutions (KTOS) – Research Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Kratos Defense & Security Solutions (NASDAQ: KTOS) recently:

  • 5/28/2019 – Kratos Defense & Security Solutions had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $25.00 price target on the stock, up previously from $19.00.
  • 5/24/2019 – Kratos Defense & Security Solutions was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $24.00 price target on the stock, up previously from $18.00.
  • 5/18/2019 – Kratos Defense & Security Solutions was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 5/14/2019 – Kratos Defense & Security Solutions was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. “
  • 5/10/2019 – Kratos Defense & Security Solutions was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 5/2/2019 – Kratos Defense & Security Solutions was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “Kratos Defense & Security Solutions, Inc. is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. “
  • 4/9/2019 – Kratos Defense & Security Solutions was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

NASDAQ:KTOS opened at $22.18 on Wednesday. The stock has a market cap of $2.32 billion, a P/E ratio of 130.47, a PEG ratio of 10.80 and a beta of 1.87. Kratos Defense & Security Solutions, Inc has a 52-week low of $10.82 and a 52-week high of $22.59. The company has a current ratio of 2.65, a quick ratio of 2.29 and a debt-to-equity ratio of 0.59.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Wednesday, May 8th. The aerospace company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.07. The firm had revenue of $160.40 million for the quarter, compared to analyst estimates of $153.24 million. Kratos Defense & Security Solutions had a return on equity of 4.22% and a net margin of 0.28%. During the same period in the previous year, the company earned $0.05 earnings per share. Sell-side analysts anticipate that Kratos Defense & Security Solutions, Inc will post 0.27 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in KTOS. LPL Financial LLC increased its stake in Kratos Defense & Security Solutions by 3.9% in the 4th quarter. LPL Financial LLC now owns 24,688 shares of the aerospace company’s stock worth $348,000 after purchasing an additional 938 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Kratos Defense & Security Solutions by 16.2% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 13,395 shares of the aerospace company’s stock worth $209,000 after purchasing an additional 1,867 shares in the last quarter. Allred Capital Management LLC increased its stake in Kratos Defense & Security Solutions by 2.2% in the 1st quarter. Allred Capital Management LLC now owns 93,675 shares of the aerospace company’s stock worth $1,478,000 after purchasing an additional 2,000 shares in the last quarter. Prime Capital Investment Advisors LLC purchased a new position in Kratos Defense & Security Solutions in the 1st quarter worth about $31,000. Finally, PNC Financial Services Group Inc. purchased a new position in Kratos Defense & Security Solutions in the 1st quarter worth about $31,000. 83.56% of the stock is currently owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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