While Kratos Defense & Security Solutions Inc has overperformed by 1.74%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KTOS rose by 48.02%, with highs and lows ranging from $25.51 to $16.36, whereas the simple moving average jumped by 27.82% 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’.
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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.
To gain a thorough understanding of Kratos Defense & Security Solutions Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and KTOS is recording an average volume of 995.73K. On a monthly basis, the volatility of the stock is set at 3.28%, whereas on a weekly basis, it is put at 2.53%, with a gain of 3.12% over the past seven days. Furthermore, long-term investors anticipate a median target price of $26.00, showing growth from the present price of $25.74, 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 leading company in the Aerospace & Defense sector, 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 388.82, there is a growth in quarterly earnings of 346.41%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 2.28%. 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 85.96% 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 85.96% at present.