Key Points
- Insider sale: Phillip Carrai sold 6,500 Kratos shares for approximately $310,895 under a pre-arranged Rule 10b5-1 trading plan, reducing his position by 3.57%.
- Strong quarterly performance: Kratos reported quarterly EPS of $0.21 versus the $0.14 consensus estimate, while revenue rose 30.5% year over year to $458.8 million.
- Analyst outlook remains positive but targets fell: Analysts maintain a “Moderate Buy” consensus with an average price target of $98.06, although several firms recently lowered their targets.
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Get Free Report) SVP Marie Mendoza sold 1,000 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $48.50, for a total transaction of $48,500.00. Following the sale, the senior vice president directly owned 61,200 shares in the company, valued at $2,968,200. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Marie Mendoza also recently made the following trade(s):
- On Monday, August 17th, Marie Mendoza sold 1,513 shares of Kratos Defense & Security Solutions stock. The stock was sold at an average price of $64.37, for a total value of $97,391.81.
Kratos Defense & Security Solutions Stock Up 0.1%
NASDAQ KTOS opened at $47.66 on Friday. The stock's 50 day simple moving average is $51.76 and its 200 day simple moving average is $60.76. Kratos Defense & Security Solutions, Inc. has a one year low of $43.09 and a one year high of $134.00. The firm has a market cap of $8.95 billion, a PE ratio of 280.35 and a beta of 1.11. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.54 and a quick ratio of 4.99.
Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.07. The company had revenue of $458.80 million for the quarter, compared to analyst estimates of $410.36 million. Kratos Defense & Security Solutions had a return on equity of 3.07% and a net margin of 2.03%.The business's revenue was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.11 earnings per share. As a group, sell-side analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.57 earnings per share for the current fiscal year.
Institutional Trading of Kratos Defense & Security Solutions
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC lifted its position in Kratos Defense & Security Solutions by 29.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 140,856 shares of the aerospace company's stock valued at $7,023,000 after purchasing an additional 32,315 shares during the period. Engineers Gate Manager LP grew its position in shares of Kratos Defense & Security Solutions by 53.2% during the 2nd quarter. Engineers Gate Manager LP now owns 6,885 shares of the aerospace company's stock worth $343,000 after buying an additional 2,391 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the 2nd quarter worth approximately $119,000. IFP Advisors Inc raised its stake in shares of Kratos Defense & Security Solutions by 103.6% during the second quarter. IFP Advisors Inc now owns 7,422 shares of the aerospace company's stock worth $370,000 after buying an additional 3,777 shares during the last quarter. Finally, Allworth Financial LP raised its stake in shares of Kratos Defense & Security Solutions by 18.0% during the second quarter. Allworth Financial LP now owns 3,027 shares of the aerospace company's stock worth $151,000 after buying an additional 462 shares during the last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the stock. Wedbush initiated coverage on shares of Kratos Defense & Security Solutions in a report on Tuesday, June 30th. They set an "outperform" rating and a $85.00 price objective on the stock. Piper Sandler raised shares of Kratos Defense & Security Solutions from a "neutral" rating to an "overweight" rating and set a $75.00 target price for the company in a research note on Wednesday, August 5th. Citigroup reissued a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, July 28th. Truist Financial lowered their price target on shares of Kratos Defense & Security Solutions from $135.00 to $104.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Finally, BTIG Research boosted their price objective on shares of Kratos Defense & Security Solutions from $100.00 to $104.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Kratos Defense & Security Solutions currently has a consensus rating of "Moderate Buy" and an average target price of $98.06.
Read Our Latest Research Report on Kratos Defense & Security Solutions
Key Kratos Defense & Security Solutions News
Here are the key news stories impacting Kratos Defense & Security Solutions this week:
- Positive Sentiment: Guggenheim upgraded KTOS to “strong buy,” adding a bullish signal as investors assess the company’s long-term exposure to defense technology and missile-defense spending. Guggenheim upgrade report
- Positive Sentiment: A successful ARAV-B ballistic missile target mission during Pacific Dragon 2026 brought the system’s completed target flights to 43. The testing milestone reinforces Kratos’ missile-defense credentials and could support future government demand. Kratos missile test article
- Positive Sentiment: Manufacturing expansion across propulsion, hypersonics and unmanned systems is intended to increase affordable defense-production capacity. The strategy could position KTOS to benefit from rising demand for lower-cost weapons and autonomous systems, although the report does not cite a specific new contract. Kratos manufacturing expansion article
- Neutral Sentiment: Kratos’ latest reported quarter showed 30.5% year-over-year revenue growth and earnings of $0.21 per share versus a $0.14 consensus estimate. However, the stock’s price-to-earnings ratio near 280 indicates that substantial future growth is already reflected in the valuation.
- Negative Sentiment: Insiders disclosed two sales totaling 7,500 shares: Phillip Carrai sold 6,500 shares for about $310,895, while SVP Marie Mendoza sold 1,000 shares for $48,500. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their negative significance, but they may still weigh modestly on sentiment. KTOS insider trading article
Kratos Defense & Security Solutions Company Profile
(
Get Free Report)
Kratos Defense & Security Solutions, Inc is a technology company that develops products and systems for national security, defense and commercial applications. The company primarily serves the U.S. Department of Defense and other government agencies, while also supporting allied governments and selected commercial customers.
Its offerings include unmanned aerial and ground systems, target drones, tactical drones, satellite communications systems, space-related products, missile defense technology, hypersonic and high-speed systems, radar and command-and-control solutions, and microwave electronics.
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