BTIG Research Increases Kratos Defense & Security Solutions (NASDAQ:KTOS) Price Target to $95.00

Kratos Defense & Security Solutions (NASDAQ:KTOS) had its price target increased by investment analysts at BTIG Research from $80.00 to $95.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the aerospace company’s stock. BTIG Research’s target price would indicate a potential upside of 22.72% from the company’s previous close.

A number of other equities research analysts also recently weighed in on KTOS. JMP Securities lifted their target price 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. Cantor Fitzgerald reiterated an “overweight” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, July 18th. Stifel Nicolaus lifted their price target on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Raymond James Financial reiterated a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. Finally, Royal Bank Of Canada lifted their price target on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. One equities research 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.43.

Kratos Defense & Security Solutions Trading Down 14.2%

Kratos Defense & Security Solutions stock opened at $77.41 on Thursday. Kratos Defense & Security Solutions has a 52 week low of $23.81 and a 52 week high of $112.57. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The stock has a market capitalization of $13.07 billion, a P/E ratio of 774.18 and a beta of 1.11. The stock has a 50-day simple moving average of $83.25 and a 200 day simple moving average of $59.58.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company had revenue of $347.60 million during the quarter, compared to analysts’ expectations of $323.01 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The business’s revenue was up 26.0% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts expect that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other news, CFO Deanna H. Lund sold 5,000 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $65.10, for a total transaction of $325,500.00. Following the completion of the transaction, the chief financial officer directly owned 313,327 shares in the company, valued at approximately $20,397,587.70. This represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas E. Iv Mills sold 5,758 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $65.54, for a total transaction of $377,379.32. Following the transaction, the insider owned 9,692 shares of the company’s stock, valued at $635,213.68. This trade represents a 37.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 86,716 shares of company stock valued at $6,857,545. 2.37% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Prospera Financial Services Inc acquired a new stake in Kratos Defense & Security Solutions in the third quarter valued at $464,000. ProShare Advisors LLC increased its holdings in Kratos Defense & Security Solutions by 4.2% in the third quarter. ProShare Advisors LLC now owns 36,103 shares of the aerospace company’s stock valued at $3,299,000 after purchasing an additional 1,470 shares during the period. Western Wealth Management LLC acquired a new stake in Kratos Defense & Security Solutions in the third quarter valued at $215,000. RFG Advisory LLC acquired a new stake in Kratos Defense & Security Solutions in the third quarter valued at $318,000. Finally, SPC Financial Inc. acquired a new stake in Kratos Defense & Security Solutions in the third quarter valued at $228,000. 75.92% of the stock is currently owned by institutional investors and hedge funds.

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.