Kratos Defense & Security Solutions Inc’s Market Journey: Closing Strong at 22.25, Up 2.06

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The closing price of Kratos Defense & Security Solutions Inc (NASDAQ: KTOS) was $22.25 for the day, up 2.06% from the previous closing price of $21.80. In other words, the price has increased by $2.06 from its previous closing price. On the day, 1.1 million shares were traded. KTOS stock price reached its highest trading level at $22.84 during the session, while it also had its lowest trading level at $21.885.

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 9.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.22. For the most recent quarter (mrq), Quick Ratio is recorded 2.47 and its Current Ratio is at 3.02. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.

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 Jul 17 ’24 when ANDERSON SCOTT I sold 11,000 shares for $21.78 per share. The transaction valued at 239,632 led to the insider holds 90,735 shares of the business.

Carrai Phillip D sold 3,500 shares of KTOS for $74,416 on Jul 15 ’24. The President, STC Division now owns 279,575 shares after completing the transaction at $21.26 per share. On Jul 01 ’24, another insider, Lund Deanna H, who serves as the EVP & CFO of the company, sold 6,000 shares for $20.00 each. As a result, the insider received 120,000 and left with 298,016 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 3339680512 and an Enterprise Value of 3313084672. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.09 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 3.061 whereas that against EBITDA is 45.635.

Stock Price History:

Over the past 52 weeks, KTOS has reached a high of $22.77, while it has fallen to a 52-week low of $13.98. The 50-Day Moving Average of the stock is 6.81%, while the 200-Day Moving Average is calculated to be 17.13%.

Shares Statistics:

KTOS traded an average of 1.07M shares per day over the past three months and 875680 shares per day over the past ten days. A total of 150.10M shares are outstanding, with a floating share count of 146.63M. Insiders hold about 2.31% of the company’s shares, while institutions hold 86.38% stake in the company. Shares short for KTOS as of 1721001600 were 3129455 with a Short Ratio of 2.91, compared to 1718323200 on 3083630. Therefore, it implies a Short% of Shares Outstanding of 3129455 and a Short% of Float of 2.1300000999999997.

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