Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS)’s stock price has increased by 4.04 compared to its previous closing price of 12.63. Despite this, the company has seen a loss of -0.83% in its stock price over the last five trading days.
Is It Worth Investing in Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS) Right Now?
The 36-month beta value for KTOS is also noteworthy at 0.79. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for KTOS is $15.60, which is $2.65 above than the current price. The public float for KTOS is 123.78M, and at present, short sellers hold a 2.17% of that float. The average trading volume of KTOS on March 15, 2023 was 803.17K shares.
KTOS’s Market Performance
KTOS’s stock has seen a -0.83% decrease for the week, with a 17.85% rise in the past month and a 45.03% gain in the past quarter. The volatility ratio for the week is 3.58%, and the volatility levels for the past 30 days are at 3.64% for Kratos Defense & Security Solutions Inc. The simple moving average for the last 20 days is 6.33% for KTOS stock, with a simple moving average of 9.71% for the last 200 days.
Analysts’ Opinion of KTOS
Many brokerage firms have already submitted their reports for KTOS stocks, with Canaccord Genuity repeating the rating for KTOS by listing it as a “Buy.” The predicted price for KTOS in the upcoming period, according to Canaccord Genuity is $14 based on the research report published on February 24th of the current year 2023.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see KTOS reach a price target of $11.50. The rating they have provided for KTOS stocks is “Hold” according to the report published on November 04th, 2022.
Truist gave a rating of “Buy” to KTOS, setting the target price at $20 in the report published on May 26th of the previous year.
KTOS Trading at 14.00% from the 50-Day Moving Average
After a stumble in the market that brought KTOS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.96% of loss for the given period.
Volatility was left at 3.64%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares surge +14.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.49% upper at present.
During the last 5 trading sessions, KTOS fell by -0.83%, which changed the moving average for the period of 200-days by -3.60% in comparison to the 20-day moving average, which settled at $12.44. In addition, Kratos Defense & Security Solutions Inc. saw 27.33% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KTOS starting from Goodwin Benjamin M., who sale 8,000 shares at the price of $12.77 back on Feb 28. After this action, Goodwin Benjamin M. now owns 14,370 shares of Kratos Defense & Security Solutions Inc., valued at $102,120 using the latest closing price.
Cervantes de Burgreen Maria, the VP & Corporate Controller of Kratos Defense & Security Solutions Inc., sale 2,000 shares at $9.26 during a trade that took place back on Dec 12, which means that Cervantes de Burgreen Maria is holding 27,891 shares at $18,523 based on the most recent closing price.
Stock Fundamentals for KTOS
Current profitability levels for the company are sitting at:
- +0.55 for the present operating margin
- +24.33 for the gross margin
The net margin for Kratos Defense & Security Solutions Inc. stands at -4.21. Equity return is now at value -3.90, with -2.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.49.
Conclusion
In summary, Kratos Defense & Security Solutions Inc. (KTOS) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
