BidaskClub lowered shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) from a buy rating to a hold rating in a research report sent to investors on Thursday.

KTOS has been the topic of a number of other research reports. ValuEngine raised Kratos Defense & Security Solutions from a buy rating to a strong-buy rating in a research note on Monday, February 4th. Zacks Investment Research raised Kratos Defense & Security Solutions from a hold rating to a buy rating and set a $16.00 price objective on the stock in a research note on Wednesday, January 9th. Noble Financial set a $20.00 price objective on Kratos Defense & Security Solutions and gave the stock a buy rating in a research note on Friday, February 15th. Robert W. Baird assumed coverage on Kratos Defense & Security Solutions in a research note on Monday, December 3rd. They issued an outperform rating and a $19.00 price objective on the stock. Finally, B. Riley boosted their price objective on Kratos Defense & Security Solutions to $20.00 and gave the stock a buy rating in a research note on Tuesday, February 19th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Kratos Defense & Security Solutions has a consensus rating of Buy and an average target price of $18.20.

Shares of Kratos Defense & Security Solutions stock opened at $15.63 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.72 and a current ratio of 3.00. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 91.94, a price-to-earnings-growth ratio of 8.02 and a beta of 1.93. Kratos Defense & Security Solutions has a 1-year low of $8.96 and a 1-year high of $17.87.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Thursday, February 28th. The aerospace company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.05. Kratos Defense & Security Solutions had a positive return on equity of 3.92% and a negative net margin of 0.57%. During the same quarter in the prior year, the company posted $0.09 EPS. On average, research analysts forecast that Kratos Defense & Security Solutions will post 0.26 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. First Trust Advisors LP raised its position in Kratos Defense & Security Solutions by 99.6% during the 3rd quarter. First Trust Advisors LP now owns 148,999 shares of the aerospace company’s stock worth $2,202,000 after buying an additional 74,332 shares during the last quarter. Private Advisor Group LLC acquired a new stake in shares of Kratos Defense & Security Solutions during the 3rd quarter worth approximately $170,000. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of Kratos Defense & Security Solutions during the 3rd quarter worth approximately $3,452,000. Bank of New York Mellon Corp grew its stake in shares of Kratos Defense & Security Solutions by 22.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 545,662 shares of the aerospace company’s stock worth $8,065,000 after purchasing an additional 98,859 shares during the period. Finally, FMR LLC grew its stake in shares of Kratos Defense & Security Solutions by 44.3% during the 3rd quarter. FMR LLC now owns 8,722,104 shares of the aerospace company’s stock worth $128,913,000 after purchasing an additional 2,676,121 shares during the period. 87.38% of the stock is currently owned by institutional investors.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security. The Kratos Government Solutions segment offers microwave electronic products, satellite communications, training systems, modular systems, and defense and rocket support services.

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Analyst Recommendations for Kratos Defense & Security Solutions (NASDAQ:KTOS)

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