After finishing at $17.93 in the prior trading day, Kratos Defense & Security Solutions Inc (NASDAQ: KTOS) closed at $17.54, down -2.18%. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 988967 shares were traded. KTOS stock price reached its highest trading level at $18.09 during the session, while it also had its lowest trading level at $17.48.
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Ratios:
Our goal is to gain a better understanding of KTOS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 204.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on July 20, 2023, initiated with a Outperform rating and assigned the stock a target price of $17.
On February 24, 2023, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $11.50 to $14.
Canaccord Genuity Downgraded its Buy to Hold on November 04, 2022, while the target price for the stock was maintained at $11.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’24 when Mendoza Marie sold 1,500 shares for $18.05 per share. The transaction valued at 27,075 led to the insider holds 90,713 shares of the business.
Fendley Steven S. sold 7,000 shares of KTOS for $127,670 on Feb 26 ’24. The President, US Division now owns 345,711 shares after completing the transaction at $18.24 per share. On Feb 15 ’24, another insider, Carrai Phillip D, who serves as the President, STC Division of the company, sold 3,500 shares for $20.87 each. As a result, the insider received 73,058 and left with 223,131 shares of the company.
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 2.62B and an Enterprise Value of 2.81B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 2.71 whereas that against EBITDA is 36.29.
Stock Price History:
Over the past 52 weeks, KTOS has reached a high of $21.60, while it has fallen to a 52-week low of $12.12. The 50-Day Moving Average of the stock is 18.36, while the 200-Day Moving Average is calculated to be 16.75.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 1.24M shares per day over the last 10 days, according to various share statistics. A total of 149.16M shares are outstanding, with a floating share count of 144.43M. Insiders hold about 3.17% of the company’s shares, while institutions hold 76.18% stake in the company. Shares short for KTOS as of Feb 29, 2024 were 2.95M with a Short Ratio of 2.16, compared to 2.86M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.98% and a Short% of Float of 2.02%.
Earnings Estimates
Its stock is currently analyzed by 10 different market analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.02, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.08, with high estimates of $0.11 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.51 and $0.34 for the fiscal current year, implying an average EPS of $0.42. EPS for the following year is $0.55, with 10 analysts recommending between $0.7 and $0.45.
Revenue Estimates
10 analysts predict $250.45M in revenue for the current quarter. It ranges from a high estimate of $260.22M to a low estimate of $243M. As of the current estimate, Kratos Defense & Security Solutions Inc’s year-ago sales were $231.8M, an estimated increase of 8.00% from the year-ago figure.
A total of 10 analysts have provided revenue estimates for KTOS’s current fiscal year. The highest revenue estimate was $1.15B, while the lowest revenue estimate was $1.12B, resulting in an average revenue estimate of $1.14B. In the same quarter a year ago, actual revenue was $1.04B, up 9.80% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.32B and the low estimate is $1.2B. The average revenue growth estimate for next year is up 10.80% from the average revenue estimate for this year.
