Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) saw an upside of 0.60% to close Monday at $16.70 after adding $0.1 on the day. The 5-day average trading volume is 1,682,680 shares of the company’s common stock. It has gained $16.94 in the past week and touched a new high 2 times within the past 5 days. An average of 1,130,400 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 939,828.
KTOS’s 1-month performance is 24.26% or $3.26 on its low of $13.13 reached on 07/14/23. The company’s shares have touched a 52-week low of $8.90 and high of $16.94, with the stock’s rally to the 52-week high happening on 08/04/23. YTD, KTOS has achieved 61.82% or $6.38 and has reached a new high 19 times. However, the current price is down -1.42% from the 52-week high price.
Insider Transactions
KTOS stock investors last saw insider trading activity on Jul 31.Lund Deanna H (EVP & CFO) most recently sold 10,000 shares at $15.00 per share on Jul 31. This transaction cost the insider $150,000. SVP & General Counsel, Mendoza Marie, sold 1,000 shares at a price of $14.00 on Jul 20. Then, on Jun 21, EVP & CFO Lund Deanna H sold 105,116 shares at a price of $15.00 per share. This transaction amounted to $1,576,999.
Valuation Metrics
KTOS stock has a beta of 0.77. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.98 while the price-to-book (PB) in the most recent quarter is 2.25.
Kratos Defense & Security Solutions Inc.’s quick ratio for the period ended June 29 was 1.80, with the current ratio over the same period at 2.30. In terms of profitability, the gross margin trailing 12 months is 25.00%. The trailing 12-month EBITDA margin is 5.10%. The firm’s gross profit as reported stood at $226.0 million against revenue of $898.3 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -74.07% to -$2.7 million, while revenue of -$7.0 million was -159.26% off the previous quarter. Analysts expected KTOS to announce $0.06 per share in earnings in its latest quarter, but it posted $0.09, representing a 50.00% surprise. EBITDA for the quarter stood at more than $17.5 million. KTOS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 617.2 million, with total debt at $340.9 million. Shareholders hold equity totaling $128.06 million.
Let’s look briefly at Kratos Defense & Security Solutions Inc. (KTOS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 79.39% to suggest the stock is trending Overbought, with historical volatility in this time period at 72.50%.
The stock’s 5-day moving average is $15.50, reflecting a +10.67% or $1.61 change from its current price. KTOS is currently trading +22.43% above its 20-day SMA, +27.09% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +24.26% and SMA200 by+65.02%.
Stochastic %K and %D was 81.73% and 77.03% and the average true range (ATR) pointed at 0.71. The RSI (14) points at 74.01%, while the 14-day stochastic is at 93.63% with the period’s ATR at 0.63. The stock’s 9-day MACD Oscillator is pointing at 0.75 and 1.07 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS), Raymond James launched coverage with an Outperform rating. Analysts offering their rating for KTOS stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate KTOS as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 6 have offered a “buy” rating.
What is KTOS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $14.00 and a high of $20.00, with their median price target at $18.00. Looking at these predictions, the average price target given by analysts is for Kratos Defense & Security Solutions Inc. (KTOS) stock is $17.64.
