While Kratos Defense & Security Solutions Inc has overperformed by 0.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KTOS rose by 59.71%, with highs and lows ranging from $24.08 to $14.16, whereas the simple moving average jumped by 17.02% in the last 200 days.
On June 26, 2024, BTIG Research started tracking Kratos Defense & Security Solutions Inc (NASDAQ: KTOS) recommending Neutral. A report published by JMP Securities on May 28, 2024, Initiated its previous ‘Mkt Outperform’ rating for KTOS. Raymond James also Upgraded KTOS shares as ‘Strong Buy’, setting a target price of $27 on the company’s shares in a report dated April 26, 2024. Raymond James Initiated an Outperform rating on July 20, 2023, and assigned a price target of $17. Canaccord Genuity February 24, 2023d its ‘Hold’ rating to ‘Buy’ for KTOS, as published in its report on February 24, 2023. Canaccord Genuity’s report from November 04, 2022 suggests a price prediction of $11.50 for KTOS shares, giving the stock a ‘Hold’ rating. Truist also rated the stock as ‘Buy’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Kratos Defense & Security Solutions Inc (KTOS)
Further, the quarter-over-quarter increase in sales is 16.82%, showing a positive trend in the upcoming months.
Kratos Defense & Security Solutions Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 0.88% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.56, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and KTOS is registering an average volume of 988.31K. On a monthly basis, the volatility of the stock is set at 3.26%, whereas on a weekly basis, it is put at 2.40%, with a gain of 1.71% over the past seven days. Furthermore, long-term investors anticipate a median target price of $25.42, showing growth from the present price of $23.19, which can serve as yet another indication of whether KTOS is worth investing in or should be passed over.
How Do You Analyze Kratos Defense & Security Solutions Inc Shares?
A giant in the Aerospace & Defense market, Kratos Defense & Security Solutions Inc (KTOS) is based in the USA. When comparing Kratos Defense & Security Solutions Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 350.30, there is a growth in quarterly earnings of 346.41%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.29%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.11% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KTOS shares are owned by institutional investors to the tune of 86.11% at present.