Kratos Defense & Security Solutions (NASDAQ:KTOS) had its price target boosted by Canaccord Genuity from $20.00 to $28.00 in a research note released on Friday, BenzingaRatingsTable reports. Canaccord Genuity currently has a buy rating on the aerospace company’s stock. The analysts noted that the move was a valuation call.

KTOS has been the topic of several other research reports. BidaskClub upgraded shares of Misonix from a buy rating to a strong-buy rating in a research report on Wednesday, July 3rd. Robert W. Baird initiated coverage on shares of ANCHIANO THERAP/S in a research report on Tuesday, May 28th. They issued an outperform rating and a $12.00 target price on the stock. JPMorgan Chase & Co. upgraded shares of from a neutral rating to an overweight rating in a research report on Friday, May 24th. Citigroup dropped their target price on shares of Tremont Mortgage Trust from $9.50 to $5.00 and set a neutral rating on the stock in a research report on Wednesday, June 5th. Finally, Noble Financial lowered shares of Kratos Defense & Security Solutions from an outperform rating to a market perform rating and set a $22.35 target price on the stock. in a research report on Wednesday, June 5th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $23.42.

KTOS stock opened at $24.09 on Friday. The firm’s fifty day moving average price is $23.17. Kratos Defense & Security Solutions has a one year low of $11.91 and a one year high of $24.99. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 141.71, a PEG ratio of 12.09 and a beta of 1.27. The company has a current ratio of 2.65, a quick ratio of 2.29 and a debt-to-equity ratio of 0.59.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Wednesday, May 8th. The aerospace company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.07. Kratos Defense & Security Solutions had a net margin of 0.28% and a return on equity of 4.22%. The business had revenue of $160.40 million for the quarter, compared to analyst estimates of $153.24 million. During the same quarter last year, the business earned $0.05 earnings per share. Research analysts predict that Kratos Defense & Security Solutions will post 0.27 EPS for the current year.

Several large investors have recently bought and sold shares of the company. FMR LLC lifted its stake in shares of Kratos Defense & Security Solutions by 1.7% in the fourth quarter. FMR LLC now owns 8,871,109 shares of the aerospace company’s stock worth $124,995,000 after buying an additional 149,005 shares in the last quarter. Emerald Mutual Fund Advisers Trust lifted its stake in shares of Kratos Defense & Security Solutions by 2.5% in the first quarter. Emerald Mutual Fund Advisers Trust now owns 1,908,637 shares of the aerospace company’s stock worth $29,832,000 after buying an additional 46,618 shares in the last quarter. Stephens Investment Management Group LLC lifted its stake in shares of Kratos Defense & Security Solutions by 70.5% in the first quarter. Stephens Investment Management Group LLC now owns 1,722,095 shares of the aerospace company’s stock worth $26,916,000 after buying an additional 711,865 shares in the last quarter. Impala Asset Management LLC lifted its stake in shares of Kratos Defense & Security Solutions by 64.8% in the first quarter. Impala Asset Management LLC now owns 1,592,928 shares of the aerospace company’s stock worth $24,897,000 after buying an additional 626,233 shares in the last quarter. Finally, Granite Investment Partners LLC lifted its stake in shares of Kratos Defense & Security Solutions by 19.3% in the first quarter. Granite Investment Partners LLC now owns 1,389,777 shares of the aerospace company’s stock worth $21,722,000 after buying an additional 225,267 shares in the last quarter. 83.16% of the stock is currently owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc provides mission critical products, solutions, and services in the United States. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. 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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