Kratos Defense & Security Solutions (NASDAQ:KTOS) Price Target Raised to $105.00

Kratos Defense & Security Solutions (NASDAQ:KTOS) had its price target increased by JMP Securities from $70.00 to $105.00 in a research report released on Thursday, Marketbeat.com reports. They currently have a market outperform rating on the aerospace company’s stock.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group raised Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $52.00 price target for the company in a report on Monday, June 30th. BTIG Research raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 target price on the stock in a report on Thursday, August 14th. Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. Benchmark lifted their price objective on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Finally, B. Riley reiterated a “buy” rating and set a $72.00 target price (up previously from $55.00) on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $63.50.

Kratos Defense & Security Solutions Stock Up 1.2%

KTOS stock opened at $96.19 on Thursday. The company has a market cap of $16.24 billion, a price-to-earnings ratio of 962.00 and a beta of 1.12. The company has a fifty day moving average price of $70.35 and a 200 day moving average price of $49.73. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. Kratos Defense & Security Solutions has a 12 month low of $22.69 and a 12 month high of $98.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. The business had revenue of $351.50 million during the quarter, compared to analysts’ expectations of $305.67 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business’s revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Kratos Defense & Security Solutions will post 0.31 earnings per share for the current year.

Insider Buying and Selling at Kratos Defense & Security Solutions

In related news, insider Stacey G. Rock sold 3,846 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $92.02, for a total value of $353,908.92. Following the completion of the transaction, the insider directly owned 34,202 shares in the company, valued at approximately $3,147,268.04. This represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Marie Mendoza sold 1,408 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $69.45, for a total value of $97,785.60. Following the transaction, the senior vice president owned 61,943 shares in the company, valued at $4,301,941.35. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 82,276 shares of company stock valued at $5,677,241. 2.37% of the stock is currently owned by insiders.

Institutional Trading of Kratos Defense & Security Solutions

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Kratos Defense & Security Solutions by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock worth $488,332,000 after buying an additional 1,728,179 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Kratos Defense & Security Solutions by 29.6% in the second quarter. Franklin Resources Inc. now owns 5,086,494 shares of the aerospace company’s stock valued at $236,268,000 after acquiring an additional 1,162,577 shares during the last quarter. ARK Investment Management LLC increased its stake in Kratos Defense & Security Solutions by 22.2% during the second quarter. ARK Investment Management LLC now owns 4,507,692 shares of the aerospace company’s stock worth $209,382,000 after acquiring an additional 818,104 shares during the last quarter. Geode Capital Management LLC increased its stake in Kratos Defense & Security Solutions by 8.3% during the second quarter. Geode Capital Management LLC now owns 3,949,763 shares of the aerospace company’s stock worth $183,490,000 after acquiring an additional 301,135 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Kratos Defense & Security Solutions by 18.1% in the 2nd quarter. Invesco Ltd. now owns 2,837,005 shares of the aerospace company’s stock worth $131,779,000 after purchasing an additional 434,561 shares during the period. 75.92% of the stock is owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Company Profile

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.