Analysts Set Kratos Defense & Security Solutions, Inc (KTOS) PT at $18.57

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Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) has received a consensus recommendation of “Buy” from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $18.57.

A number of equities analysts have recently weighed in on KTOS shares. Zacks Investment Research lowered Kratos Defense & Security Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, March 12th. BidaskClub raised Kratos Defense & Security Solutions from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 30th. Seaport Global Securities reaffirmed a “buy” rating on shares of Kratos Defense & Security Solutions in a research note on Monday, February 11th. Canaccord Genuity upped their price objective on Kratos Defense & Security Solutions from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 26th. Finally, B. Riley boosted their target price on Kratos Defense & Security Solutions to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, February 19th.

Shares of NASDAQ KTOS traded down $0.06 during mid-day trading on Monday, reaching $14.63. The company’s stock had a trading volume of 537,500 shares, compared to its average volume of 1,037,424. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 85.65, a price-to-earnings-growth ratio of 7.61 and a beta of 1.90. The company has a quick ratio of 2.72, a current ratio of 3.00 and a debt-to-equity ratio of 0.57. Kratos Defense & Security Solutions has a 52 week low of $9.76 and a 52 week high of $17.87.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings data on Thursday, February 28th. The aerospace company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. The firm had revenue of $164.40 million during the quarter, compared to analyst estimates of $188.82 million. Kratos Defense & Security Solutions had a positive return on equity of 3.92% and a negative net margin of 0.57%. During the same quarter in the prior year, the company posted $0.09 earnings per share. Research analysts expect that Kratos Defense & Security Solutions will post 0.26 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of KTOS. Prime Capital Investment Advisors LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the first quarter worth about $31,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Kratos Defense & Security Solutions in the fourth quarter worth about $98,000. AlphaCrest Capital Management LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the fourth quarter worth about $142,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. purchased a new stake in shares of Kratos Defense & Security Solutions in the fourth quarter worth about $150,000. Finally, Brown Advisory Inc. purchased a new stake in shares of Kratos Defense & Security Solutions in the fourth quarter worth about $153,000. Institutional investors own 85.96% of the company’s stock.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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Analyst Recommendations for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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