Kratos Defense & Security Solutions (KTOS) Receiving Somewhat Negative Press Coverage, Analysis Finds

Kratos Defense & Security Solutions (KTOS) Receiving Somewhat Negative Press Coverage, Analysis Finds

Media coverage about Kratos Defense & Security Solutions (NASDAQ:KTOS) has trended somewhat negative on Saturday, AlphaOne reports. The research group, a subsidiary of Accern, scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kratos Defense & Security Solutions earned a coverage optimism score of -0.04 on AlphaOne’s scale. AlphaOne also assigned news coverage about the aerospace company an impact score of 51 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the next few days.

These are some of the news articles that may have impacted Alpha One Sentiment’s scoring:

KTOS has been the topic of several analyst reports. Zacks Investment Research raised shares of Kratos Defense & Security Solutions from a “hold” rating to a “buy” rating and set a $9.25 target price on the stock in a research report on Wednesday, March 1st. B. Riley reissued a “buy” rating and issued a $9.00 target price on shares of Kratos Defense & Security Solutions in a research report on Friday, February 24th. Jefferies Group LLC set a $10.00 target price on shares of Kratos Defense & Security Solutions and gave the stock a “hold” rating in a research report on Tuesday, February 28th. Canaccord Genuity reissued a “buy” rating and issued a $10.00 target price on shares of Kratos Defense & Security Solutions in a research report on Monday, February 6th. Finally, SunTrust Banks, Inc. started coverage on shares of Kratos Defense & Security Solutions in a research report on Thursday, January 19th. They issued a “buy” rating and a $9.00 target price on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $9.50.

Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) traded up 18.38% on Friday, reaching $9.08. 6,495,327 shares of the company were exchanged. The stock’s market capitalization is $676.76 million. Kratos Defense & Security Solutions has a 12 month low of $3.75 and a 12 month high of $9.19. The stock has a 50 day moving average price of $7.84 and a 200-day moving average price of $7.49.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Thursday, May 4th. The aerospace company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 earned $167.80 million during the quarter, compared to analysts’ expectations of $159.53 million. During the same period in the prior year, the business earned ($0.13) EPS. Kratos Defense & Security Solutions’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities analysts expect that Kratos Defense & Security Solutions will post $0.07 EPS for the current fiscal year.

In other Kratos Defense & Security Solutions news, Director Bandel L. Carano bought 275,862 shares of the stock in a transaction that occurred on Tuesday, March 7th. The stock was acquired at an average cost of $7.25 per share, with a total value of $1,999,999.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 23.20% of the stock is currently owned by corporate insiders.

About Kratos Defense & Security Solutions

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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