Kratos Defense & Security Solutions (KTOS) – Analysts’ Weekly Ratings Changes

Kratos Defense & Security Solutions (NASDAQ: KTOS) recently received a number of ratings updates from brokerages and research firms:

• 11/27/2024 – Kratos Defense & Security Solutions was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 11/19/2024 – Kratos Defense & Security Solutions was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 11/11/2024 – Kratos Defense & Security Solutions was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 11/11/2024 – Kratos Defense & Security Solutions had its price target raised by analysts at JMP Securities from $27.00 to $30.00. They now have a “market outperform” rating on the stock.
• 10/30/2024 – Kratos Defense & Security Solutions was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $26.00 price target on the stock, up previously from $24.00.
• 10/1/2024 – Kratos Defense & Security Solutions had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $27.00 price target on the stock.

Kratos Defense & Security Solutions Price Performance

KTOS opened at $26.95 on Friday. The company has a 50-day moving average of $24.78 and a 200-day moving average of $22.42. The company has a market capitalization of $4.07 billion, a P/E ratio of 269.53 and a beta of 1.02. Kratos Defense & Security Solutions, Inc. has a 1-year low of $16.71 and a 1-year high of $28.62. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.61 and a current ratio of 3.22.

Insider Activity

In other Kratos Defense & Security Solutions news, insider Steven S. Fendley sold 7,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $26.51, for a total transaction of $185,570.00. Following the completion of the transaction, the insider now directly owns 349,406 shares of the company’s stock, valued at $9,262,753.06. The trade was a 1.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Stacey G. Rock sold 4,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $22.40, for a total transaction of $89,600.00. Following the transaction, the insider now directly owns 59,071 shares of the company’s stock, valued at $1,323,190.40. The trade was a 6.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 71,620 shares of company stock valued at $1,727,730. Company insiders own 2.27% of the company’s stock.

Institutional Trading of Kratos Defense & Security Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Franklin Resources Inc. lifted its position in shares of Kratos Defense & Security Solutions by 12.2% in the 3rd quarter. Franklin Resources Inc. now owns 2,798,859 shares of the aerospace company’s stock valued at $70,951,000 after acquiring an additional 304,088 shares in the last quarter. Tidal Investments LLC grew its stake in Kratos Defense & Security Solutions by 27.9% in the 3rd quarter. Tidal Investments LLC now owns 21,258 shares of the aerospace company’s stock valued at $495,000 after buying an additional 4,638 shares during the last quarter. Geode Capital Management LLC grew its stake in Kratos Defense & Security Solutions by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,556,544 shares of the aerospace company’s stock valued at $82,883,000 after buying an additional 29,278 shares during the last quarter. Barclays PLC boosted its holdings in Kratos Defense & Security Solutions by 239.5% in the 3rd quarter. Barclays PLC now owns 273,100 shares of the aerospace company’s stock valued at $6,363,000 after purchasing an additional 192,667 shares during the period. Finally, Main Management ETF Advisors LLC bought a new stake in Kratos Defense & Security Solutions in the 3rd quarter valued at $1,772,000. 75.92% of the stock is owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions, Inc operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems. The company offers ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet-powered unmanned aerial drone systems, hypersonic vehicles, and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft, and launch systems; command, control, communication, computing, combat, intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter.