Jefferies analyst Sheila Kahyaoglu maintained a Hold rating on Kratos Defense (KTOS – Research Report) on July 12 and set a price target of $16.00. The company’s shares closed last Thursday at $14.58, close to its 52-week low of $12.32.
According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 4.0% and a 54.9% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Caci International.
Kratos Defense has an analyst consensus of Strong Buy, with a price target consensus of $21.63.
Kratos Defense’s market cap is currently $1.78B and has a P/E ratio of -92.45.
Based on the recent corporate insider activity of 130 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KTOS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Kratos Defense & Security Solutions, Inc. engages in the provision of technology systems to the U.S. Department of Defense. It operates through the following segments: Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment includes microwave electronic products, satellite communications, modular systems, and rocket support operating. The Unmanned Systems segment consists of unmanned aerial system and unmanned ground & seaborne system businesses. The company was founded on December 19, 1994 and is headquartered in San Diego, CA.
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