Kratos Defense & Security Solutions (KTOS) Projected to Post Earnings on Wednesday

Kratos Defense & Security Solutions (NASDAQ:KTOS) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $288.33 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Kratos Defense & Security Solutions Price Performance

Shares of KTOS stock opened at $24.39 on Tuesday. The stock’s fifty day moving average is $29.90 and its 200-day moving average is $26.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.61 and a current ratio of 3.22. The stock has a market capitalization of $3.70 billion, a PE ratio of 243.92 and a beta of 1.10. Kratos Defense & Security Solutions has a 52 week low of $16.78 and a 52 week high of $35.66.

Analysts Set New Price Targets

KTOS has been the topic of several analyst reports. StockNews.com raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Jefferies Financial Group increased their target price on Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the company a “hold” rating in a research note on Friday, December 13th. Robert W. Baird increased their target price on Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research note on Tuesday, January 14th. B. Riley raised Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and increased their target price for the company from $26.00 to $35.00 in a research note on Monday, January 13th. Finally, Truist Financial increased their target price on Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $30.67.

Insider Transactions at Kratos Defense & Security Solutions

In other news, 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 sale, the insider now owns 12,315 shares of the company’s stock, valued at $344,573.70. This trade represents a 48.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Marie Mendoza sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $27.12, for a total value of $40,680.00. Following the sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 92,181 shares of company stock valued at $2,665,856 over the last 90 days. 2.27% of the stock is owned by company insiders.

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.