Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock Rating Upgraded by B. Riley

B. Riley upgraded shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) from a neutral rating to a buy rating in a report published on Monday morning, Marketbeat.com reports. They currently have $35.00 price objective on the aerospace company’s stock, up from their previous price objective of $26.00. B. Riley also issued estimates for Kratos Defense & Security Solutions’ FY2026 earnings at $0.74 EPS.

Several other research analysts have also recently commented on the company. Jefferies Financial Group boosted their price target on Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. JMP Securities upped their price objective on Kratos Defense & Security Solutions from $27.00 to $30.00 and gave the company a “market outperform” rating in a research note on Monday, November 11th. StockNews.com raised Kratos Defense & Security Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Truist Financial reaffirmed a “buy” rating and set a $27.00 target price (up from $25.00) on shares of Kratos Defense & Security Solutions in a report on Thursday, September 26th. Finally, Robert W. Baird upped their target price on Kratos Defense & Security Solutions from $22.00 to $35.00 and gave the company an “outperform” rating in a report on Monday, September 23rd. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.30.

Kratos Defense & Security Solutions Trading Up 3.9 %

NASDAQ:KTOS opened at $34.05 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.61 and a current ratio of 3.22. Kratos Defense & Security Solutions has a one year low of $16.71 and a one year high of $34.33. The business’s 50-day simple moving average is $27.14 and its 200 day simple moving average is $24.08. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of 340.53 and a beta of 1.07.

Insider Activity

In other Kratos Defense & Security Solutions news, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $24.01, for a total value of $168,070.00. Following the completion of the sale, the insider now directly owns 356,414 shares of the company’s stock, valued at approximately $8,557,500.14. This represents a 1.93 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Benjamin M. Goodwin sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $27.71, for a total transaction of $138,550.00. Following the completion of the transaction, the senior vice president now directly owns 37,327 shares in the company, valued at $1,034,331.17. This represents a 11.81 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 96,928 shares of company stock worth $2,611,696. 2.27% of the stock is owned by company insiders.

Institutional Investors Weigh In On Kratos Defense & Security Solutions

Institutional investors and hedge funds have recently modified their holdings of the stock. Hennion & Walsh Asset Management Inc. increased its stake in Kratos Defense & Security Solutions by 34.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 32,742 shares of the aerospace company’s stock worth $864,000 after purchasing an additional 8,447 shares in the last quarter. Contravisory Investment Management Inc. raised its holdings in Kratos Defense & Security Solutions by 229.4% during the 4th quarter. Contravisory Investment Management Inc. now owns 3,590 shares of the aerospace company’s stock worth $95,000 after buying an additional 2,500 shares during the period. MRA Advisory Group acquired a new stake in Kratos Defense & Security Solutions during the 4th quarter worth about $448,000. ORG Partners LLC raised its holdings in Kratos Defense & Security Solutions by 1.9% during the 4th quarter. ORG Partners LLC now owns 32,975 shares of the aerospace company’s stock worth $870,000 after buying an additional 621 shares during the period. Finally, BancFirst Trust & Investment Management acquired a new stake in Kratos Defense & Security Solutions during the 4th quarter worth about $647,000. 75.92% of the stock is owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Company Profile

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.