Kratos Defense & Security Solutions (KTOS) Expected to Announce Quarterly Earnings on Wednesday

Kratos Defense & Security Solutions (NASDAQ:KTOS) is expected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Kratos Defense & Security Solutions to post earnings of $0.09 per share and revenue of $288.33 million for the quarter.

Kratos Defense & Security Solutions Price Performance

Shares of KTOS opened at $25.99 on Friday. The firm’s 50-day simple moving average is $30.01 and its two-hundred day simple moving average is $25.99. Kratos Defense & Security Solutions has a fifty-two week low of $16.78 and a fifty-two week high of $35.66. The stock has a market cap of $3.94 billion, a PE ratio of 259.93 and a beta of 1.10. 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 at Kratos Defense & Security Solutions

In related news, SVP Marie Mendoza sold 1,500 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $27.12, for a total transaction of $40,680.00. Following the transaction, the senior vice president now directly owns 60,443 shares in the company, valued at approximately $1,639,214.16. This represents a 2.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Thomas E. Iv Mills sold 11,516 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $27.98, for a total transaction of $322,217.68. Following the completion of the sale, the insider now directly owns 12,315 shares of the company’s stock, valued at approximately $344,573.70. The trade was a 48.32 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 99,181 shares of company stock valued at $2,851,426 over the last 90 days. 2.27% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KTOS. Robert W. Baird raised their price objective on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, January 14th. Jefferies Financial Group lifted their target price on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, December 13th. JMP Securities increased their price target on shares of Kratos Defense & Security Solutions from $30.00 to $40.00 and gave the company a “market outperform” rating in a report on Tuesday, February 4th. StockNews.com upgraded Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, B. Riley upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $26.00 to $35.00 in a research note on Monday, January 13th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Kratos Defense & Security Solutions currently has an average rating of “Moderate Buy” and an average target price of $30.67.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.