Kratos Defense & Security Solutions Inc (NASDAQ: KTOS) is -14.34% lower on its value in year-to-date trading and has touched a low of $12.12 and a high of $21.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KTOS stock was last observed hovering at around $17.54 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $17.38, the stock is -7.64% and -5.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -0.91% at the moment leaves the stock 3.77% off its SMA200. KTOS registered 32.27% gain for a year compared to 6-month gain of 18.88%. The firm has a 50-day simple moving average (SMA 50) of $2.69 and a 200-day simple moving average (SMA200) of $35.99.
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The stock witnessed a -2.36% loss in the last 1 month and extending the period to 3 months gives it a -16.56%, and is -6.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.59% over the week and 3.35% over the month.
Kratos Defense & Security Solutions Inc (KTOS) has around 3900 employees, a market worth around $2.59B and $1.04B in sales. Fwd P/E is 31.83. Profit margin for the company is -0.86%. Distance from 52-week low is 43.40% and -19.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.69%).
Kratos Defense & Security Solutions Inc quarterly earnings per share for the current quarter are estimated at $0.05 with sales reaching $250.45M over the same period.The EPS is expected to grow by 1.52% this year, but quarterly earnings will post 9.80% year-over-year. Quarterly sales are estimated to grow 8.00% in year-over-year returns.
349 institutions hold shares in Kratos Defense & Security Solutions Inc (KTOS), with institutional investors hold 80.52% of the company’s shares. The shares outstanding are 149.16M, and float is at 144.43M with Short Float at 2.04%. Institutions hold 79.04% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 11.89 million shares valued at $170.53 million. The investor’s holdings represent 9.29% of the KTOS Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 11.27 million shares valued at $161.62 million to account for 8.80% of the shares outstanding. The other top investors are ARK Investment Management, LLC which holds 6.27 million shares representing 4.89% and valued at over $94.11 million, while State Street Corporation holds 4.11% of the shares totaling 5.27 million with a market value of $75.52 million.
Kratos Defense & Security Solutions Inc (KTOS) Insider Activity
The most recent transaction is an insider sale by Mendoza Marie, the company’s SVP & General Counsel. SEC filings show that Mendoza Marie sold 1,500 shares of the company’s common stock on Mar 04 ’24 at a price of $18.05 per share for a total of $27075.0. Following the sale, the insider now owns 90713.0 shares.
Kratos Defense & Security Solutions Inc disclosed in a document filed with the SEC on Feb 26 ’24 that Fendley Steven S. (President, US Division) sold a total of 7,000 shares of the company’s common stock. The trade occurred on Feb 26 ’24 and was made at $18.24 per share for $0.13 million. Following the transaction, the insider now directly holds 0.35 million shares of the KTOS stock.
Still, SEC filings show that on Feb 15 ’24, Carrai Phillip D (President, STC Division) disposed off 3,500 shares at an average price of $20.87 for $73058.0. The insider now directly holds 223,131 shares of Kratos Defense & Security Solutions Inc (KTOS).
