At the time of writing, Kratos Defense & Security Solutions Inc [KTOS] stock is trading at $18.63, up 2.53%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KTOS shares have gain 2.14% over the last week, with a monthly amount glided 5.08%, and seem to be holding up well over a long-time horizon.
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On 4, March 2024, Kratos Awarded a $499 Million Multiple Award, Indefinite-Delivery/Indefinite-Quantity Contract for the Design, Build, Test, and Delivery of Functioning Anti-Tamper Solutions. In a post published today on Yahoo Finance, Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets, announced today that it has been awarded a $499,000,000 multiple award, indefinite-delivery/indefinite-quantity contract for the design, build, test, and delivery of functioning anti-tamper solutions that will be ready for follow-on production to be integrated into a broad range of Department of Defense programs. The development of these solutions enables the necessary protection of critical program information from adversarial tamper efforts. Work will be performed in the continental United States and is expected to be completed February 28, 2030. This contract was a competitive acquisition, and twenty offers were received. The Air Force Life Cycle Management, Wright Patterson Air Force Base, Ohio, is the contracting activity.
From an analyst’s perspective:
Kratos Defense & Security Solutions Inc [NASDAQ: KTOS] stock has seen the most recent analyst activity on July 20, 2023, when Raymond James initiated its Outperform rating and assigned the stock a price target of $17. Previously, Canaccord Genuity upgraded its rating to Buy on February 24, 2023, and elevated its price target to $14. On November 04, 2022, downgrade downgraded it’s rating to Hold but maintained its price target of $11.50 on the stock. Truist upgraded its rating to a Buy but stick to its price target of $20 on May 26, 2022. Robert W. Baird upgraded its rating to a Outperform but $20 remained the price target by the analyst firm on May 12, 2022. Berenberg started tracking with a Buy rating for this stock on January 21, 2022, and assigned it a price target of $23. In a note dated January 12, 2022, Goldman downgraded an Neutral rating on this stock and revised its target price from $30 to $21.
For the past year, the stock price of Kratos Defense & Security Solutions Inc fluctuated between $12.12 and $21.60. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Kratos Defense & Security Solutions Inc [NASDAQ: KTOS] shares were valued at $18.63 at the most recent close of the market. An investor can expect a potential return of 71.77% based on the average KTOS price forecast.
Analyzing the KTOS fundamentals
According to Kratos Defense & Security Solutions Inc [NASDAQ:KTOS], the company’s sales were 1.04B for trailing twelve months, which represents an 9.83% jump. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.30 points at the first support level, and at 17.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.86, and for the 2nd resistance point, it is at 19.09.
Kratos Defense & Security Solutions Inc [KTOS] reported earnings per share of $0.12 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.09/share, meaning a difference of $0.03 and a surprise factor of 33.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.12 per share as compared to estimates of $0.09 per share, a difference of $0.03 representing a surprise of 33.30%.
Ratios To Look Out For
It is important to note that Kratos Defense & Security Solutions Inc [NASDAQ:KTOS] has a current ratio of 2.03. As well, the Quick Ratio is 1.50, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 2.34, the price to book ratio is 2.47.
Transactions by insiders
Recent insider trading involved Mendoza Marie, SVP & General Counsel, that happened on Mar 04 ’24 when 1500.0 shares were sold. President, US Division, Fendley Steven S. completed a deal on Feb 26 ’24 to sell 7000.0 shares. Meanwhile, President, STC Division Carrai Phillip D sold 3500.0 shares on Feb 15 ’24.
