Media stories about Kratos Defense & Security Solutions (NASDAQ:KTOS) have been trending somewhat positive on Saturday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kratos Defense & Security Solutions earned a news impact score of 0.01 on Alpha One’s scale. Alpha One also assigned news stories about the aerospace company an impact score of 67 out of 100, indicating that recent press coverage is likely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Alpha One’s analysis:
- Kratos Defense & Security Solutions’ (KTOS) “Buy” Rating Reiterated at Canaccord Genuity (americanbankingnews.com)
- Impinj, Inc. (NASDAQ:PI) Vs. Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) Delving into the Technicals – Geneva Journal (genevajournal.com)
- Kratos Defense & Security Solutions, Inc.’s (KTOS) noted a price change of -0.10% and J.B. Hunt Transport Services … – Stocks Gallery (stocksgallery.com)
- On the CommunicAsia2017 Show Floor — Kratos Defense and Security to Present Ground System Solutions… – SatNews Publishers (satnews.com)
A number of equities analysts recently issued reports on KTOS shares. Zacks Investment Research raised Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating and set a $8.50 price target for the company in a report on Wednesday, April 19th. Seaport Global Securities began coverage on Kratos Defense & Security Solutions in a report on Friday, March 17th. They issued a “buy” rating and a $10.00 price objective for the company. Jefferies Group LLC decreased their price objective on Kratos Defense & Security Solutions from $9.60 to $8.50 and set a “hold” rating for the company in a report on Monday, March 6th. Finally, Canaccord Genuity reissued a “buy” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, February 28th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $10.17.
Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) opened at 9.93 on Friday. The company’s 50 day moving average price is $8.27 and its 200 day moving average price is $7.75. The firm’s market capitalization is $858.41 million. Kratos Defense & Security Solutions has a one year low of $3.75 and a one year high of $10.12.
Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Thursday, May 4th. The aerospace company reported ($0.04) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.04. Kratos Defense & Security Solutions had a negative return on equity of 3.73% and a negative net margin of 9.06%. The business had revenue of $167.80 million for the quarter, compared to analyst estimates of $159.53 million. During the same period last year, the company earned ($0.13) EPS. The firm’s revenue was up 9.7% on a year-over-year basis. On average, analysts expect that Kratos Defense & Security Solutions will post $0.10 EPS for the current fiscal year.
In related news, Director Bandel L. Carano purchased 275,862 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, March 7th. The shares were acquired at an average cost of $7.25 per share, for a total transaction of $1,999,999.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 23.20% of the stock is owned by company insiders.
Kratos Defense & Security Solutions Company Profile
Kratos Defense & Security Solutions, Inc is a technology, intellectual property and proprietary product and solution company focused on the United States and its allies’ national security. The Kratos Government Solutions segment includes the operations of Defense Rocket Support Services, Microwave Electronics Division, Technical and Training Solutions, and Modular Systems, which provide technology-based defense solutions, involving products and services, with the focus relating to the nation’s Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance requirements.
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