Daily Market Movement: Kratos Defense & Security Solutions Inc (KTOS) Sees a 1.12 Increase, Closing at 19.84

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

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

The closing price of Kratos Defense & Security Solutions Inc (NASDAQ: KTOS) was $19.84 for the day, up 1.12% from the previous closing price of $19.62. In other words, the price has increased by $1.12 from its previous closing price. On the day, 0.69 million shares were traded. KTOS stock price reached its highest trading level at $19.9 during the session, while it also had its lowest trading level at $19.56.

Ratios:

Our analysis of KTOS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1152.25. For the most recent quarter (mrq), Quick Ratio is recorded 2.56 and its Current Ratio is at 3.13. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.21.

On May 28, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $27.

Raymond James Upgraded its Outperform to Strong Buy on April 26, 2024, whereas the target price for the stock was revised from $20 to $27.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 01 ’24 when DEANNA H LUND bought 6,000 shares for $22.54 per share.

Lund Deanna H sold 6,000 shares of KTOS for $135,240 on Aug 01 ’24. The EVP & CFO now owns 291,898 shares after completing the transaction at $22.54 per share. On Jul 29 ’24, another insider, Fendley Steven S., who serves as the Officer of the company, bought 7,000 shares for $22.68 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KTOS now has a Market Capitalization of 2995820288 and an Enterprise Value of 2991226112. As of this moment, Kratos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 299.70, and their Forward P/E ratio for the next fiscal year is 33.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 149.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 2.657 whereas that against EBITDA is 36.974.

Stock Price History:

Over the past 52 weeks, KTOS has reached a high of $22.96, while it has fallen to a 52-week low of $13.98. The 50-Day Moving Average of the stock is -4.88%, while the 200-Day Moving Average is calculated to be 2.97%.

Shares Statistics:

KTOS traded an average of 987.83K shares per day over the past three months and 927490 shares per day over the past ten days. A total of 151.00M shares are outstanding, with a floating share count of 147.54M. Insiders hold about 2.29% of the company’s shares, while institutions hold 85.58% stake in the company. Shares short for KTOS as of 1722384000 were 3089201 with a Short Ratio of 3.13, compared to 1719532800 on 2744617. Therefore, it implies a Short% of Shares Outstanding of 3089201 and a Short% of Float of 2.1.

Most Popular