KTOS Stock Summary and Trading Ideas (Kratos Defense & Security Solutions | NASDAQ:KTOS)

Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.

Kratos Defense & Security Solutions trades on the NASDAQ stock market under the symbol KTOS.

As of April 22, 2024, KTOS stock price declined to $17.83 with 747,028 million shares trading.

KTOS has a beta of 0.43, meaning it tends to be less sensitive to market movements. KTOS has a correlation of 0.02 to the broad based SPY ETF.

KTOS has a market cap of $2.66 billion. This is considered a Mid Cap stock.

Last quarter Kratos Defense & Security Solutions reported $274 million in Revenue and $.12 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.03.

In the last 3 years, KTOS stock traded as high as $30.29 and as low as $8.91.

The top ETF exchange traded funds that KTOS belongs to (by Net Assets): VTI, ARKQ, XAR, VB, IWM.

KTOS has outperformed the market in the last year with a price return of +37.6% while the SPY ETF gained +22.3%. However, in the short term, KTOS had mixed performance relative to the market. It has underperformed in the last 3 months, returning -2.8% vs +3.9% return in SPY. But in the last 2 weeks, KTOS shares have fared better than the market returning +0.2% compared to SPY -3.6%.

KTOS support price is $17.59 and resistance is $18.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KTOS stock will trade within this expected range on the day.