At the last check on Friday, Kratos Defense & Security Solutions Inc.’s (NASDAQ:KTOS) stock was up $2.33, moving up 16.18 percent to $16.76. The average number of shares traded per day over the past five days has been 1,038,011 shares. 2 times new highs have been achieved over the past 5 days, with a $2.05 gain in that time frame. In the last twenty days, the average volume was 968,643, while in the previous 50 days, it was 866,185.
Since last month, KTOS stock rose 23.18%. Shares of the company fell to $13.13 on 07/14/23, the lowest level in the past month. A 52-week high of $16.23 was reached on 08/04/23 after having rallying from a 52-week low of $8.90. Since the beginning of this year, KTOS’s stock price has risen by 62.45% or $6.43, and marked a new high 19 times. However, the stock has increased by 3.30% since its 52-week high.
KTOS stock investors should be aware that Kratos Defense & Security Solutions Inc. (KTOS) stock had its last reported insider trading activity 4 days ago on Jul 31. Lund Deanna H, the EVP & CFO of the company, disposed of 10,000 shares for $15.00 on Jul 31. It resulted in a $150,000 divestment by the insider. Mendoza Marie sold 1,000 shares at an average price of $14.00 on Jul 20. The insider now owns 40,364 shares following the transaction. On Jun 21, EVP & CFO Lund Deanna H sold 105,116 shares at $15.00 apiece. The transaction was valued at $1,576,999.
Valuation Metrics
The stock’s beta is 0.80. Besides these, the trailing price-to-sales (P/S) ratio of 2.28, the price-to-book (PB) ratio of 2.31.
Financial Health
In the three months ended June 29, Kratos Defense & Security Solutions Inc.’s quick ratio stood at 1.90, while its current ratio was 2.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.32, and the total debt-to-equity ratio was 0.32. On the profitability front, the trailing twelve-month gross margin is 25.00% percent. In the year ended June 29, EBITDA margin amounted to 5.10%, whereas operating margins totaled -0.10%. Based on annual data, KTOS earned $226.0 million in gross profit and brought in $898.3 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -1.40%. Return on equity (ROE) for the past 12 months was -3.00%.
In Kratos Defense & Security Solutions Inc.’s quarter-end financial report for June 29, it reported total debt of $232.1 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KTOS’s revenue rose 12.73% to $231.8 million during the quarter, while net income inched up to $256.9 million. While analysts expected Kratos Defense & Security Solutions Inc. to report $0.06 quarterly earnings, the actual figure was $0.09 per share. During the quarter, the company generated $11.3 million in EBITDA. The liabilities of Kratos Defense & Security Solutions Inc. were 625.9 million at the end of its most recent quarter ended June 29, and its total debt was $352.6 million. The value of shareholders’ equity is $127.6 million.
Technical Picture
This quick technical analysis looks at Kratos Defense & Security Solutions Inc.’s (KTOS) price momentum. With a historical volatility rate of 76.99%, the RSI 9-day stood at 79.58% on 03 August.
With respect to its five-day moving average, the current Kratos Defense & Security Solutions Inc. price is up by +13.95% percent or $2.05. At present, KTOS shares trade +24.63% above its 20-day simple moving average and +32.62% percent above its 100-day simple moving average. However, the stock is currently trading approximately +21.11% above its SMA50 and +67.84% above its SMA200.
Stochastic coefficient K was 76.57% and Stochastic coefficient D was 78.67%, while ATR was 0.68. Given the Stochastic reading of 96.24% for the 14-day period, the RSI (14) reading has been calculated as 74.22%. As of today, the MACD Oscillator reading stands at 0.34, while the 14-day reading stands at 0.67.
Analyst Ratings
Raymond James launched its rating on Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS) to an Outperform in a note to investors on July 20, 2023. Kratos Defense & Security Solutions Inc. (KTOS) has been rated Overweight by analysts. According to 0 brokerage firms, KTOS is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Kratos Defense & Security Solutions Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $17.00, the current consensus forecast for the stock is $13.00 – $20.00. Based on these forecasts, analysts predict Kratos Defense & Security Solutions Inc. (KTOS) will achieve an average price target of $17.00.
