Kratos Defense & Security Solutions Inc (NASDAQ: KTOS) is 12.37% higher on its value in year-to-date trading and has touched a low of $13.98 and a high of $23.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KTOS stock was last observed hovering at around $23.41 in the last trading session, with the day’s loss setting it -0.61%.
Currently trading at $22.80, the stock is 3.22% and 5.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing -2.61% at the moment leaves the stock 15.50% off its SMA200. KTOS registered 55.84% gain for a year compared to 6-month gain of 30.21%.
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The stock witnessed a 9.67% loss in the last 1 month and extending the period to 3 months gives it a 13.10%, and is 3.73% up 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 4.36% over the week and 3.42% over the month.
Kratos Defense & Security Solutions Inc (KTOS) has around 3900 employees, a market worth around $3.44B and $1.13B in sales. Current P/E ratio is 344.41 and Fwd P/E is 39.31. Profit margin for the company is 0.89%. Distance from 52-week low is 63.09% and -4.92% from its 52-week high. The company has generated returns on investments over the last 12 months (0.62%).
The EPS is expected to grow by 10.41% this year
417.0 institutions hold shares in Kratos Defense & Security Solutions Inc (KTOS), with institutional investors hold 89.58% of the company’s shares. The shares outstanding are 151.00M, and float is at 147.53M with Short Float at 2.34%. Institutions hold 87.94% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.89 million shares valued at $277.93 million. The investor’s holdings represent 9.9495 of the KTOS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.88 million shares valued at $257.7 million to account for 9.2252 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.71 million shares representing 4.8061 and valued at over $134.25 million, while ARK INVESTMENT MANAGEMENT LLC holds 3.3387 of the shares totaling 4.66 million with a market value of $93.26 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 1,355 shares of the company’s common stock on Sep 16 ’24 at a price of $22.12 per share for a total of $29968.0. Following the sale, the insider now owns 61963.0 shares.
Kratos Defense & Security Solutions Inc disclosed in a document filed with the SEC on Sep 16 ’24 that Carrai Phillip D (President, STC Division) sold a total of 3,500 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $22.14 per share for $77496.0. Following the transaction, the insider now directly holds 0.27 million shares of the KTOS stock.
Still, SEC filings show that on Sep 16 ’24, MARIE C MENDOZA (Officer) Proposed Sale 1,355 shares at an average price of $22.12 for $29968.0. The insider now directly holds shares of Kratos Defense & Security Solutions Inc (KTOS).
