Kratos Defense & Security Solutions (KTOS) Expected to Announce Earnings on Wednesday

Kratos Defense & Security Solutions (NASDAQ:KTOS) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Kratos Defense & Security Solutions to post earnings of $0.09 per share and revenue of $288.33 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS opened at $25.26 on Monday. The company has a current ratio of 3.22, a quick ratio of 2.61 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $3.83 billion, a P/E ratio of 252.63 and a beta of 1.10. The firm’s fifty day simple moving average is $29.98 and its two-hundred day simple moving average is $26.10. Kratos Defense & Security Solutions has a 12 month low of $16.78 and a 12 month high of $35.66.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on KTOS. B. Riley raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $26.00 to $35.00 in a research report on Monday, January 13th. Jefferies Financial Group increased their price objective on shares of Kratos Defense & Security Solutions from $25.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, December 13th. JMP Securities reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, February 4th. Robert W. Baird increased their price objective on shares of Kratos Defense & Security Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 14th. Finally, Truist Financial increased their price objective on shares of Kratos Defense & Security Solutions from $27.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Four 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.67.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Thomas E. Iv Mills sold 8,637 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $27.14, for a total transaction of $234,408.18. Following the transaction, the insider now owns 12,215 shares of the company’s stock, valued at $331,515.10. This trade represents a 41.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Marie Mendoza sold 1,500 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $27.12, for a total transaction of $40,680.00. Following the transaction, 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. In the last quarter, insiders sold 92,181 shares of company stock worth $2,665,856. Insiders own 2.27% of the company’s stock.

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.