Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) have been assigned an average recommendation of “Moderate Buy” from the twenty-two research firms that are covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $95.2778.

KTOS has been the subject of a number of recent analyst reports. Citigroup reiterated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Monday, January 12th. Stifel Nicolaus raised their target price on shares of Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Piper Sandler started coverage on shares of Kratos Defense & Security Solutions in a research report on Wednesday, January 21st. They issued a “neutral” rating and a $99.00 target price on the stock. Truist Financial set a $135.00 price target on shares of Kratos Defense & Security Solutions in a research report on Friday, January 9th. Finally, BNP Paribas Exane set a $80.00 price objective on shares of Kratos Defense & Security Solutions in a research note on Tuesday, November 18th.

Insiders Place Their Bets

In other news, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, January 26th. The stock was sold at an average price of $107.97, for a total transaction of $755,790.00. Following the transaction, the insider owned 341,631 shares in the company, valued at approximately $36,885,899.07. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Scot B. Jarvis sold 5,000 shares of the stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $118.28, for a total value of $591,400.00. Following the completion of the sale, the director directly owned 100,417 shares of the company’s stock, valued at approximately $11,877,322.76. This represents a 4.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 916,815 shares of company stock valued at $75,023,021 over the last quarter. 2.37% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bayforest Capital Ltd acquired a new position in shares of Kratos Defense & Security Solutions in the third quarter worth $32,000. Caitlin John LLC purchased a new position in Kratos Defense & Security Solutions in the third quarter valued at about $32,000. Atlantic Union Bankshares Corp increased its position in 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 worth $29,000 after purchasing an additional 380 shares during the last quarter. Whittier Trust Co. acquired a new position in Kratos Defense & Security Solutions in the 3rd quarter worth about $38,000. Finally, Accredited Wealth Management LLC raised its stake in shares of Kratos Defense & Security Solutions by 193.5% during the 3rd quarter. Accredited Wealth Management LLC now owns 408 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 269 shares in the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Stock Performance

KTOS opened at $87.73 on Thursday. The firm has a market cap of $14.81 billion, a PE ratio of 674.89 and a beta of 1.09. 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 business has a fifty day simple moving average of $94.05 and a 200-day simple moving average of $82.49. Kratos Defense & Security Solutions has a fifty-two week low of $23.90 and a fifty-two week high of $134.00.

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.