24.9 C
New York
Tuesday, June 6, 2023

Is Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Kratos Defense & Security Solutions Inc. (KTOS) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $13.57. The Kratos Defense & Security Solutions Inc. has recorded 32,017 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Kratos to Participate in the Goldman Sachs Industrials and Materials Conference 2023.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

KTOS belongs to the Industrials sector of the NASDAQ while operating in the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $13.57 and fluctuated between $14.25 as its day high and $13.37 as its day low. The current market capitalization of Kratos Defense & Security Solutions Inc. is $1.77B. A total of 1.25 million shares were traded on the day, compared to an average of 789.76K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, KTOS has seen 3 BUY and 4 SELL insider trades, representing the acquisition of 33,333 and the disposition of 20,872 shares. Over the last 12 months, there were 64 BUYs and 72 SELLs from insiders. Insiders purchased 788,333 shares during that period but sold 442,024.

In the most recent transaction, Mendoza Marie sold 7,211 shares of KTOS for 14.00 per share on May 04. After the transaction, the SVP & General Counsel now owns 42,760 company shares. In a previous transaction on Feb 28, Goodwin Benjamin M. sold 8,000 shares at 12.77 per share. KTOS shares that SVP, Corp. Dev. & Gov. Affairs owns now total 14,370.

Among the insiders who sold shares, Cervantes de Burgreen Maria disposed of 2,000 shares on Dec 12 at a per-share price of $9.26. This resulted in the VP & Corporate Controller holding 27,891 shares of KTOS after the transaction. In another insider transaction, Liberatore Samuel N sold 8,000 shares at $10.56 per share on Nov 14. Company shares held by the Director now total 1,253.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for KTOS in the last 3 months, the mean price target is $16.40 with high estimates of $20.00 and low estimates of $13.00. In terms of 52-week highs and lows, KTOS has a high of $16.23 and a low of $8.90.

As of this writing, KTOS has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.11 per share and a lower estimate of $0.01.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. KTOS’s latest balance sheet shows that the firm has $349.40M in Cash & Short Term Investments as of fiscal 2021. There were $339.50M in debt and $221.10M in liabilities at the time. Its Book Value Per Share was $7.27, while its Total Shareholder’s Equity was $960.30M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KTOS is Buy with a score of 4.10.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles