BTIG Research Forecasts Strong Price Appreciation for Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Kratos Defense & Security Solutions (NASDAQ:KTOS) had its target price hoisted by research analysts at BTIG Research from $80.00 to $95.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the aerospace company’s stock. BTIG Research’s price target would indicate a potential upside of 21.98% from the stock’s previous close.

Several other equities research analysts have also recently commented on KTOS. Truist Financial raised their target price on Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Noble Financial reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. Citigroup reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, October 2nd. Robert W. Baird increased their target price on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. Finally, JMP Securities raised their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $82.36.

Kratos Defense & Security Solutions Trading Up 7.6%

Shares of NASDAQ KTOS traded up $5.47 during midday trading on Thursday, reaching $77.88. The stock had a trading volume of 5,141,338 shares, compared to its average volume of 3,631,700. The firm has a market cap of $13.15 billion, a price-to-earnings ratio of 778.88 and a beta of 1.11. Kratos Defense & Security Solutions has a twelve month low of $23.90 and a twelve month 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 company’s 50 day moving average price is $83.57 and its 200 day moving average price is $59.99.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. 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%. Kratos Defense & Security Solutions’s quarterly revenue was up 26.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.11 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Kratos Defense & Security Solutions will post 0.31 EPS for the current year.

Insider Transactions at Kratos Defense & Security Solutions

In other news, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $88.88, for a total transaction of $622,160.00. Following the completion of the transaction, the insider directly owned 339,419 shares in the company, valued at $30,167,560.72. This trade represents a 2.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $65.10, for a total value of $325,500.00. Following the transaction, the chief financial officer owned 313,327 shares of the company’s stock, valued at $20,397,587.70. This trade represents a 1.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 90,716 shares of company stock valued at $7,152,105. Corporate insiders own 2.37% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Rovida Advisors Inc. bought a new position in shares of Kratos Defense & Security Solutions in the second quarter worth $82,315,000. Vanguard Group Inc. boosted its stake in Kratos Defense & Security Solutions by 11.7% in the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock worth $488,332,000 after purchasing an additional 1,728,179 shares during the period. Nuveen LLC purchased a new position in Kratos Defense & Security Solutions during the 1st quarter valued at about $41,118,000. Voya Investment Management LLC increased its position in shares of Kratos Defense & Security Solutions by 129.2% during the first quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock valued at $64,226,000 after buying an additional 1,219,585 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of Kratos Defense & Security Solutions by 29.6% during the second quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock valued at $236,268,000 after buying an additional 1,162,577 shares during the period. 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.