Weekly Investment Analysts’ Ratings Updates for Kratos Defense & Security Solutions (KTOS)

A number of firms have modified their ratings and price targets on shares of Kratos Defense & Security Solutions (NASDAQ: KTOS) recently:

  • 12/27/2017 – Kratos Defense & Security Solutions was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 12/18/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $16.00 price target on the stock.
  • 12/16/2017 – Kratos Defense & Security Solutions was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 12/7/2017 – Kratos Defense & Security Solutions is now covered by analysts at Goldman Sachs Group Inc. They set a “neutral” rating and a $10.50 price target on the stock.
  • 12/6/2017 – Kratos Defense & Security Solutions was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 12/1/2017 – Kratos Defense & Security Solutions is now covered by analysts at JPMorgan Chase & Co.. They set a “neutral” rating and a $13.00 price target on the stock.
  • 11/3/2017 – Kratos Defense & Security Solutions had its price target raised by analysts at Jefferies Group LLC from $12.70 to $13.00. They now have a “hold” rating on the stock.
  • 11/1/2017 – Kratos Defense & Security Solutions had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $15.00 price target on the stock.
  • 10/30/2017 – Kratos Defense & Security Solutions was given a new $16.00 price target on by analysts at B. Riley. They now have a “buy” rating on the stock.

Kratos Defense & Security Solutions, Inc (NASDAQ KTOS) traded down $0.01 during mid-day trading on Wednesday, reaching $10.66. 904,021 shares of the company’s stock were exchanged, compared to its average volume of 1,643,479. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.86 and a quick ratio of 2.54. Kratos Defense & Security Solutions, Inc has a fifty-two week low of $6.83 and a fifty-two week high of $13.93. The company has a market capitalization of $1,100.00, a PE ratio of -34.39 and a beta of 1.80.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings data on Thursday, November 2nd. The aerospace company reported $0.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.03. Kratos Defense & Security Solutions had a negative net margin of 3.39% and a negative return on equity of 1.21%. The business had revenue of $196.20 million for the quarter, compared to analysts’ expectations of $186.27 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. The business’s revenue was up 18.6% compared to the same quarter last year. equities research analysts forecast that Kratos Defense & Security Solutions, Inc will post -0.01 earnings per share for the current fiscal year.

In other news, Director Scot B. Jarvis acquired 10,000 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were acquired at an average price of $10.50 per share, for a total transaction of $105,000.00. Following the completion of the transaction, the director now directly owns 95,200 shares of the company’s stock, valued at approximately $999,600. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 17.92% of the company’s stock.

Kratos Defense & Security Solutions, Inc is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. The Kratos Government Solutions segment includes the operations of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology-based defense solutions, involving products and services, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements.

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