Key Points
- CFO Deanna Lund sold 5,000 shares on Feb. 2 at an average price of $96.87 for a total of $484,350, leaving her with 274,983 shares (a 1.79% reduction in ownership, valued at roughly $26.64M).
- Kratos beat estimates in its most recent quarter with $0.14 EPS vs. $0.12 expected and revenue of $347.6 million, a 26% year‑over‑year increase.
- Shares opened at $91.33 and were reported down 11.6%; the stock has a 12‑month range of $23.90–$134, a market cap of $15.42B and a very high PE (~702.6), while analysts maintain a consensus "Moderate Buy" with an average target of about $95.28 and several firms raising targets into the $120–$130 range.
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) CFO Deanna Lund sold 5,000 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $96.87, for a total value of $484,350.00. Following the completion of the sale, the chief financial officer owned 274,983 shares of the company's stock, valued at approximately $26,637,603.21. This represents a 1.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Kratos Defense & Security Solutions Trading Down 11.6%
Shares of KTOS opened at $91.33 on Thursday. Kratos Defense & Security Solutions, Inc. has a 12 month low of $23.90 and a 12 month high of $134.00. The stock's 50-day moving average is $92.23 and its two-hundred day moving average is $81.32. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.30 and a quick ratio of 3.68. The stock has a market cap of $15.42 billion, a PE ratio of 702.59 and a beta of 1.09.
Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last announced its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $347.60 million for the quarter, compared to the consensus estimate of $323.01 million. Kratos Defense & Security Solutions had a return on equity of 3.14% and a net margin of 1.56%.The company's revenue was up 26.0% on a year-over-year basis. During the same period last year, the business posted $0.11 EPS. Equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.
Institutional Trading of Kratos Defense & Security Solutions
Several institutional investors and hedge funds have recently bought and sold shares of KTOS. Atlantic Union Bankshares Corp grew its position in shares of 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 acquiring an additional 380 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new position in Kratos Defense & Security Solutions in the second quarter worth $30,000. Rakuten Securities Inc. acquired a new position in Kratos Defense & Security Solutions in the second quarter worth $31,000. Bayforest Capital Ltd bought a new stake in Kratos Defense & Security Solutions during the third quarter valued at $32,000. Finally, Caitlin John LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the third quarter worth $32,000. Institutional investors and hedge funds own 75.92% of the company's stock.
Wall Street Analysts Forecast Growth
KTOS has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised their price target on shares of Kratos Defense & Security Solutions from $93.00 to $125.00 and gave the company a "buy" rating in a report on Tuesday, January 20th. KeyCorp raised their target price on Kratos Defense & Security Solutions from $90.00 to $130.00 and gave the company an "overweight" rating in a research note on Wednesday, January 28th. Citigroup reaffirmed a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Monday, January 12th. Canaccord Genuity Group increased their price target on Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, October 9th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.28.
Read Our Latest Research Report on Kratos Defense & Security Solutions
Kratos Defense & Security Solutions Company Profile
(
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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