Key Points
- Insider sale: Director Steven Fendley sold 7,000 shares on Jan. 26 at an average price of $107.97 for $755,790, trimming his stake by 2.01% to 341,631 shares (≈$36.9M).
- Recent results: Kratos beat the prior quarter's EPS and revenue (EPS $0.14 vs. $0.12 est.; revenue $347.6M, up 26% YoY), and analysts hold a consensus rating of "Moderate Buy" with an average price target of $95.28.
- Stock metrics: Shares opened at $112.67 and were down ~4.6%; the 52-week range is $23.90–$134.00, market cap ≈$19.02B, and the P/E is unusually high (~867).
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) insider Steven Fendley sold 7,000 shares of the firm's stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $107.97, for a total transaction of $755,790.00. Following the completion of the sale, the insider directly owned 341,631 shares of the company's stock, valued at approximately $36,885,899.07. The trade was a 2.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Kratos Defense & Security Solutions Trading Down 4.6%
KTOS opened at $112.67 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 4.30. The stock's 50 day moving average price is $89.42 and its 200-day moving average price is $79.73. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one year high of $134.00. The stock has a market cap of $19.02 billion, a price-to-earnings ratio of 866.76 and a beta of 1.09.
Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $347.60 million during the quarter, compared to analysts' expectations of $323.01 million. Kratos Defense & Security Solutions had a return on equity of 3.14% and a net margin of 1.56%.Kratos Defense & Security Solutions's revenue was up 26.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 EPS. On average, equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.
Wall Street Analyst Weigh In
Several research analysts recently commented on the stock. Citizens Jmp raised their price target on shares of Kratos Defense & Security Solutions from $105.00 to $125.00 and gave the stock a "market outperform" rating in a research note on Monday, January 12th. BNP Paribas Exane set a $80.00 target price on shares of Kratos Defense & Security Solutions in a research note on Tuesday, November 18th. KeyCorp raised their target price on shares of Kratos Defense & Security Solutions from $90.00 to $130.00 and gave the stock an "overweight" rating in a research report on Wednesday. Jones Trading started coverage on Kratos Defense & Security Solutions in a report on Monday, January 5th. They issued a "buy" rating for the company. Finally, Stifel Nicolaus increased their price objective on Kratos Defense & Security Solutions from $112.00 to $134.00 and gave the stock a "buy" rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Kratos Defense & Security Solutions currently has an average rating of "Moderate Buy" and a consensus price target of $95.28.
View Our Latest Analysis on KTOS
Institutional Investors Weigh In On Kratos Defense & Security Solutions
Several hedge funds have recently modified their holdings of the business. TD Waterhouse Canada Inc. purchased a new position in Kratos Defense & Security Solutions during the second quarter valued at approximately $30,000. Rakuten Securities Inc. bought a new stake in Kratos Defense & Security Solutions during the 2nd quarter valued at $31,000. Bayforest Capital Ltd purchased a new position in shares of Kratos Defense & Security Solutions in the 3rd quarter valued at $32,000. Caitlin John LLC purchased a new position in shares of Kratos Defense & Security Solutions in the 3rd quarter valued at $32,000. Finally, Accredited Wealth Management LLC raised its position in shares of Kratos Defense & Security Solutions by 193.5% in the 3rd quarter. Accredited Wealth Management LLC now owns 408 shares of the aerospace company's stock worth $37,000 after acquiring an additional 269 shares in the last quarter. Hedge funds and other institutional investors own 75.92% of the company's stock.
About Kratos Defense & Security Solutions
(
Get Free Report)
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.
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