As of Thursday, Kratos Defense & Security Solutions Inc.’s (NASDAQ:KTOS) stock closed at $13.10, down from $13.44 the previous day. While Kratos Defense & Security Solutions Inc. has underperformed by -2.53%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KTOS fell by -3.75%, with highs and lows ranging from $16.23 to $8.90, whereas the simple moving average jumped by 11.61% in the last 200 days.
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Analysis of Kratos Defense & Security Solutions Inc. (KTOS)
Further, the quarter-over-quarter increase in sales is 18.10%, showing a positive trend in the upcoming months.
One of the most important indicators of Kratos Defense & Security Solutions Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -3.00% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.90, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and KTOS is recording 799.64K average volume. On a monthly basis, the volatility of the stock is set at 3.78%, whereas on a weekly basis, it is put at 3.30%, with a loss of -7.49% over the past seven days. Furthermore, long-term investors anticipate a median target price of $16.70, showing growth from the present price of $13.10, which can serve as yet another indication of whether KTOS is worth investing in or should be passed over.
How Do You Analyze Kratos Defense & Security Solutions Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 85.90% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in KTOS shares?
The recent increase in stakes in KTOS appears to be a result of several institutional investors and hedge funds increasing their positions. The Vanguard Group, Inc.’s position in KTOS has increased by 0.66% in the first quarter. The company now owns 11,638,420 shares of the stock, with a value of $150.14 million, following the purchase of 76,092 additional shares during the last quarter. BlackRock Fund Advisors made another increased to its shares in KTOS during the first quarter, upping its stake by 3.72%. During the last quarter, the company dropped down 357,696 additional shares for a total stake of worth $128.52 million, bringing number of shares owned by the company to 9,962,823.
During the first quarter, ARK Investment Management LLC subtracted a -635,846 position in KTOS. SSgA Funds Management, Inc. sold an additional -0.6 million shares in the last quarter, decreasing its holdings by -10.17%, now holding 5.3 million shares worth $68.39 million. At the end of the first quarter, Nikko Asset Management Co., Ltd. decreased its KTOS holdings by -5.68% and now holds 4.75 million KTOS shares valued at $61.3 million with the lessened -0.29 million shares during the period. KTOS shares are owned by institutional investors to the tune of 85.90% at present.
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