ValuEngine Upgrades Kratos Defense & Security Solutions (NASDAQ:KTOS) to “Strong-Buy”

Kratos Defense & Security Solutions (NASDAQ:KTOS) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Monday, February 4th.

Several other equities analysts also recently commented on KTOS. Zacks Investment Research raised Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Friday, November 9th. BidaskClub raised Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, November 8th. B. Riley reaffirmed a “buy” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, November 7th. Robert W. Baird began coverage on Kratos Defense & Security Solutions in a research note on Sunday, December 9th. They issued an “outperform” rating and a $13.42 price target for the company. Finally, Goldman Sachs Group upgraded Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Sunday, December 9th. Eight investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Kratos Defense & Security Solutions currently has a consensus rating of “Buy” and a consensus price target of $17.68.

KTOS stock opened at $16.71 on Monday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.60 and a current ratio of 2.89. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 98.29, a price-to-earnings-growth ratio of 7.81 and a beta of 1.90. Kratos Defense & Security Solutions has a 1-year low of $8.90 and a 1-year high of $17.87.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Thursday, February 28th. The aerospace company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. Kratos Defense & Security Solutions had a positive return on equity of 3.99% and a negative net margin of 4.64%. During the same period last year, the business earned $0.09 EPS. Analysts predict that Kratos Defense & Security Solutions will post 0.3 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of KTOS. Oppenheimer Asset Management Inc. acquired a new stake in Kratos Defense & Security Solutions in the fourth quarter valued at $98,000. AlphaCrest Capital Management LLC acquired a new stake in Kratos Defense & Security Solutions during the 4th quarter worth about $142,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new stake in Kratos Defense & Security Solutions during the 4th quarter worth about $150,000. Brown Advisory Inc. acquired a new stake in Kratos Defense & Security Solutions during the 4th quarter worth about $153,000. Finally, Public Employees Retirement Association of Colorado grew its holdings in Kratos Defense & Security Solutions by 252.3% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 11,110 shares of the aerospace company’s stock worth $164,000 after acquiring an additional 7,956 shares during the period. Institutional investors and hedge funds own 90.83% of the company’s stock.

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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