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Kratos Defense & Security Solutions Inc (KTOS) – Don’t Be So Quick to Call it Dead

Kratos Defense & Security Solutions Inc (NASDAQ: KTOS) is 26.86% higher on its value in year-to-date trading and has touched a low of $16.36 and a high of $25.51 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 $25.30 in the last trading session, with the day’s gains setting it 0.44%.

Currently trading at $25.74, the stock is 5.88% and 13.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 1.74% at the moment leaves the stock 27.82% off its SMA200. KTOS registered 48.02% gain for a year compared to 6-month gain of 45.01%. The firm has a 50-day simple moving average (SMA 50) of $22.5008 and a 200-day simple moving average (SMA200) of $20.10995.

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The stock witnessed a 14.76% loss in the last 1 month and extending the period to 3 months gives it a 20.85%, and is 3.12% 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 2.53% over the week and 3.28% over the month.

Kratos Defense & Security Solutions Inc (KTOS) has around 3900 employees, a market worth around $3.89B and $1.13B in sales. Current P/E ratio is 388.82 and Fwd P/E is 44.38. Profit margin for the company is 0.89%. Distance from 52-week low is 57.33% and 0.90% 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 10.44% this year

413.0 institutions hold shares in Kratos Defense & Security Solutions Inc (KTOS), with institutional investors hold 89.24% of the company’s shares. The shares outstanding are 151.00M, and float is at 147.55M with Short Float at 1.99%. Institutions hold 87.60% 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

Still, SEC filings show that on Oct 15 ’24, MARIE C MENDOZA (Officer) Proposed Sale 1,355 shares at an average price of $24.96 for $33817.0. The insider now directly holds shares of Kratos Defense & Security Solutions Inc (KTOS).

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