Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) have been given an average rating of “Moderate Buy” by the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $30.67.

KTOS has been the subject of several research analyst reports. Robert W. Baird boosted their price objective on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a report on Tuesday, January 14th. JMP Securities reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 4th. StockNews.com raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Jefferies Financial Group upped their target price on Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a report on Friday, December 13th. Finally, B. Riley raised Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and upped their target price for the company from $26.00 to $35.00 in a report on Monday, January 13th.

Insider Transactions at Kratos Defense & Security Solutions

In other news, CFO Deanna H. Lund sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $26.73, for a total transaction of $160,380.00. Following the completion of the transaction, the chief financial officer now directly owns 267,708 shares in the company, valued at approximately $7,155,834.84. The trade was a 2.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider David M. Carter sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $26.49, for a total value of $105,960.00. Following the completion of the sale, the insider now owns 103,430 shares of the company’s stock, valued at $2,739,860.70. This trade represents a 3.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 99,181 shares of company stock worth $2,837,986. Company insiders own 2.27% of the company’s stock.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

A number of institutional investors have recently added to or reduced their stakes in the company. Summit Investment Advisors Inc. lifted its position in Kratos Defense & Security Solutions by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,479 shares of the aerospace company’s stock worth $408,000 after purchasing an additional 490 shares during the period. MRP Capital Investments LLC lifted its position in shares of Kratos Defense & Security Solutions by 28.6% during the 4th quarter. MRP Capital Investments LLC now owns 2,250 shares of the aerospace company’s stock valued at $59,000 after acquiring an additional 500 shares during the last quarter. Wealth Quarterback LLC lifted its position in shares of Kratos Defense & Security Solutions by 3.9% during the 3rd quarter. Wealth Quarterback LLC now owns 13,998 shares of the aerospace company’s stock valued at $326,000 after acquiring an additional 528 shares during the last quarter. Arizona State Retirement System lifted its position in shares of Kratos Defense & Security Solutions by 1.4% during the 4th quarter. Arizona State Retirement System now owns 43,807 shares of the aerospace company’s stock valued at $1,156,000 after acquiring an additional 586 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Kratos Defense & Security Solutions by 90.5% during the 4th quarter. Jones Financial Companies Lllp now owns 1,284 shares of the aerospace company’s stock valued at $34,000 after acquiring an additional 610 shares during the last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Stock Down 0.6 %

Shares of Kratos Defense & Security Solutions stock opened at $24.96 on Thursday. The company has a quick ratio of 2.61, a current ratio of 3.22 and a debt-to-equity ratio of 0.13. The firm has a market cap of $3.79 billion, a P/E ratio of 249.62 and a beta of 1.10. Kratos Defense & Security Solutions has a fifty-two week low of $16.78 and a fifty-two week high of $35.66. The business has a 50-day moving average price of $29.86 and a 200 day moving average price of $26.17.

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.