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Kratos Defense and Security Solutions Inc Stock Research

KTOS

14.79USD-0.28(-1.86%)Market Closed
Watchlist

Market Summary

USD14.79-0.28
Market Closed
-1.86%

KTOS Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

KTOS Stock Price

KTOS RSI Chart

KTOS Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

-73.98

Price/Sales (Trailing)

1.99

EV/EBITDA

88.46

Price/Free Cashflow

1.1K

KTOS Price/Sales (Trailing)

KTOS Profitability

EBT Margin

-1.91%

Return on Equity

-3.01%

Return on Assets

-1.8%

Free Cashflow Yield

0.09%

KTOS Fundamentals

KTOS Revenue

Revenue (TTM)

966.6M

Revenue Y/Y

14.59%

Revenue Q/Q

10.83%

KTOS Earnings

Earnings (TTM)

-26.0M

Earnings Y/Y

42.55%

Earnings Q/Q

61.43%

Price Action

52 Week Range

8.9017.31
(Low)(High)

Last 7 days

4.8%

Last 30 days

-7.0%

Last 90 days

6.5%

Trailing 12 Months

48.3%

KTOS Financial Health

Current Ratio

2.4

KTOS Investor Care

Shares Dilution (1Y)

0.98%

Diluted EPS (TTM)

-0.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for KTOS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-15
Mendoza Marie
sold
-14,760
14.76
-1,000
svp & general counsel
2023-09-15
Carrai Phillip D
sold
-66,338
14.7419
-4,500
president, stc division
2023-08-23
Goodwin Benjamin M.
sold
-54,741
15.6403
-3,500
svp corp. dev. & gov. affairs
2023-08-17
Fendley Steven S.
sold
-153,880
15.388
-10,000
president, us division
2023-08-15
Mendoza Marie
sold
-15,960
15.96
-1,000
svp & general counsel
2023-08-15
Carrai Phillip D
sold
-71,550
15.9
-4,500
president, stc division
2023-08-11
Rock Stacey G
sold
-101,155
16.3867
-6,173
president, ktt division
2023-08-09
Adelman Jonah
sold
-1,105,270
16.4965
-67,000
president, me division
2023-08-09
Carrai Phillip D
sold
-76,930
17.0957
-4,500
president, stc division
2023-08-08
Judd Jane Elizabeth
sold
-120,343
17.1918
-7,000
-

1–10 of 50

Which funds bought or sold KTOS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
reduced
-23.75
-160,000
686,000
-%
2023-09-12
Farther Finance Advisors, LLC
new
-
574
574
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-13.86
-76,606
839,499
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.22
84,919
2,196,370
-%
2023-08-18
Legato Capital Management LLC
added
108
1,098,680
2,001,030
0.27%
2023-08-16
GTS SECURITIES LLC
new
-
362,228
362,228
0.01%
2023-08-16
Nuveen Asset Management, LLC
reduced
-13.34
-2,947,740
34,798,300
0.01%
2023-08-15
WELLS FARGO & COMPANY/MN
added
188
1,577,060
2,340,350
-%
2023-08-15
Waverly Advisors, LLC
reduced
-2.45
12,798
352,305
0.01%
2023-08-15
Jaffetilchin Investment Partners, LLC
added
66.18
238,204
548,433
0.06%

1–10 of 44

Latest Funds Activity

Are funds buying KTOS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own KTOS
No. of Funds

Schedule 13G FIlings of Kratos Defense and Security Solutions

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 10, 2023
ark investment management llc
6.15%
7,748,357
SC 13G/A
Feb 09, 2023
vanguard group inc
9.34%
11,760,539
SC 13G/A
Jan 25, 2023
blackrock inc.
8.7%
10,915,778
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 09, 2022
ark investment management llc
7.33%
9,091,960
SC 13G
Feb 03, 2022
blackrock inc.
7.5%
9,278,833
SC 13G/A
Feb 16, 2021
state street corp
3.49%
4,289,402
SC 13G/A
Feb 10, 2021
vanguard group inc
7.03%
8,634,979
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A
Jan 29, 2021
blackrock inc.
7.8%
9,516,043
SC 13G/A

Recent SEC filings of Kratos Defense and Security Solutions

View All Filings
Date Filed Form Type Document
Sep 15, 2023
144
Notice of Insider Sale Intent
Sep 15, 2023
144
Notice of Insider Sale Intent
Sep 15, 2023
4
Insider Trading
Sep 15, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 23, 2023
144
Notice of Insider Sale Intent
Aug 18, 2023
4
Insider Trading
Aug 17, 2023
144
Notice of Insider Sale Intent
Aug 17, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading

Peers (Alternatives to Kratos Defense and Security Solutions)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
128.3B
67.4B
-9.01% 5.57%
22.39
1.94
5.03% 50.05%
123.5B
73.6B
-15.92% 55.13%
-29.91
1.75
21.18% 15.27%
66.9B
37.9B
1.52% -5.66%
14.4
1.77
8.36% -18.06%
47.2B
6.2B
-9.54% 57.08%
41.04
7.55
20.10% 42.03%
MID-CAP
8.8B
2.6B
-4.92% 11.83%
22.17
3.34
25.29% 16.69%
6.7B
2.3B
-1.69% 44.91%
29.73
2.86
7.03% -27.80%
4.7B
2.3B
5.36% 34.42%
63.16
2.04
4.08% -52.66%
-
5.4B
-21.20% -23.18%
-
-
20.31% -109.88%
SMALL-CAP
-
2.1B
-5.33% 62.56%
-
-
15.61% -25.58%
1.9B
966.6M
-7.03% 48.33%
-73.98
1.99
16.09% -1.56%
596.1M
3.9M
-31.40% -62.42%
-1.01
152.88
14.78% -77.24%
553.1M
758.8M
-12.14% -29.79%
-11.27
0.73
12.62% -255.14%
523.3M
343.1M
-0.51% 13.21%
20.54
1.53
5.39% 50.17%
531.7M
1.4B
-20.00% -11.53%
6.5
0.39
-3.95% 459.45%

Kratos Defense and Security Solutions News

Seeking Alpha
Kratos's stock hits 15-month high after Q2 results beat estimates ....
Seeking Alpha,
2 months ago
ThinkMarkets
InvestorPlace
Money Morning
The Motley Fool
The Stock Dork

Returns for KTOS

Cumulative Returns on KTOS

6.0%


10-Year Cumulative Returns

12.2%


7-Year Cumulative Returns

1%


5-Year Cumulative Returns

-8.4%


3-Year Cumulative Returns

Risks for KTOS

What is the probability of a big loss on KTOS?

89.6%


Probability that Kratos Defense and Security Solutions stock will be more than 20% underwater in next one year

61.1%


Probability that Kratos Defense and Security Solutions stock will be more than 30% underwater in next one year.

52.3%


Probability that Kratos Defense and Security Solutions stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does KTOS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Kratos Defense and Security Solutions was unfortunately bought at previous high price.

Drawdowns

Financials for Kratos Defense and Security Solutions

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Last 12 Months)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue3.5%966,600933,900898,300860,600832,600813,500811,500806,300807,700773,000747,700726,400708,500726,000717,500696,800672,100635,400618,000619,900617,600
Gross Profit2.6%239,600233,500226,000226,100231,800226,000225,100217,900214,400208,400203,200197,300188,800190,900190,000187,100182,600173,800169,700171,000164,100
  S&GA Expenses1.5%189,800187,000182,500178,600171,900165,600160,200155,200149,700147,500144,500140,300136,500134,200130,800128,100125,100121,500119,800121,900125,300
  R&D Expenses1.8%40,30039,60038,60037,00035,40036,40035,20033,80033,50029,30027,00024,40021,30019,80018,00017,00016,80015,90015,60016,70016,500
EBITDA-100.0%-27,30011,500-9,10035,30053,800--55,40055,00056,90054,20060,40062,60059,50057,60048,800---
EBITDA Margin-100.0%-0.03*0.01*-0.01*0.04*0.07*--0.07*0.07*0.08*0.08*0.08*0.09*0.09*0.09*0.08*---
Interest Expenses---13,700---19,900---19,900---19,900---20,500--
Earnings Before Taxes37.1%-11,200-17,800-32,700-30,600-17,200-14,8004,4004,2007,2007,2006,8008,3006,10012,30015,70016,80016,2008,7008,700-32,500-44,300
EBT Margin100.0%--0.02*-0.04*-0.04*-0.02*-0.02*0.01*0.01*0.01*0.01*0.01*0.01*0.01*0.02*0.02*------
Net Income7.1%-26,000-28,000-36,900-31,200-25,600-19,800-2,00078,70083,50081,70079,6004,5004,6009,20012,50014,20013,4001,800-3,500-30,400-36,400
Net Income Margin100.0%--0.03*-0.04*-0.04*-0.03*-0.02*0.00*0.10*0.10*0.11*0.11*0.01*0.01*0.01*0.02*------
Free Cashflow100.0%--43,400-25,600-31,600-16,2004,70035,30060,20055,90063,40044,70017,80019,70016,90028,900------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.4%1,5631,5571,5521,5681,5831,5661,5901,5781,5621,5651,5631,4731,4191,1831,1861,1781,1741,1691,0101,012999
  Current Assets-0.1%588588583601624688758773769769765771745510522516516517495497485
    Cash Equivalents3.2%48.0047.0081.00125142254349370369384382375397159173181176178183188183
  Net PPE---------------11711611611467.0065.0062.00
  Goodwill0%55855855855255252329.0048448448448447510.00463456458459459426426426
Liabilities-1.8%603614604625637618629621612621623623580588597596599601491500492
  Current Liabilities2.4%251245234---221---198---183182189195165172168
    LT Debt, Non Current-7.3%232250250293294295297297300300301300296295295295295294294294294
Shareholder's Equity1.5%946931936935938932945942936929925835825580574567560553519512507
  Retained Earnings-0.4%-681-678-671-663-655-650-634-631-629-630-632-710-712-712-712-715-717-721-724-729-730
  Additional Paid-In Capital0.9%1,6241,6101,6081,6021,5931,5821,5791,5721,5631,5581,5561,5451,5381,2931,2871,2831,2781,2751,2451,2421,239
Shares Outstanding0.8%128127126126126126124125125124123123108107107107106105104104104
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations104.1%2.00-43.40-25.60-31.60-16.205.0035.0060.0056.0063.0045.0018.0020.0017.0029.0033.0037.0028.0018.005.00-9.20
  Share Based Compensation-1.2%26.0026.0026.0027.0026.0027.0026.0026.0024.0023.0021.0017.0015.0013.0011.0010.009.008.007.006.007.00
Cashflow From Investing70.4%-34.30-115-177-183-179-106-52.10-55.60-84.50-81.40-87.30-75.30-45.80-42.70-43.70-40.90-43.8026.0041.0039.0043.00
Cashflow From Financing-30.3%-61.90-47.50-63.30-21.70-25.10-21.70-9.30-9.30-0.202422482492444.004.003.002.002.002.00-89.6096.00
  Buy Backs-----------------4.004.00-5.004.00

KTOS Income Statement

2023-06-25
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Jun. 25, 2023
Jun. 26, 2022
Jun. 25, 2023
Jun. 26, 2022
Total revenues$ 256.9$ 224.2$ 488.7$ 420.4
Total costs193.0166.4365.4310.7
Gross profit63.957.8123.3109.7
Selling, general and administrative expenses47.344.595.187.8
Merger and acquisition expenses0.00.10.00.4
Research and development expenses9.99.220.118.4
Restructuring expenses and other0.05.90.96.2
Operating income (loss)6.7(1.9)7.2(3.1)
Other expense:    
Interest expense, net(5.1)(2.9)(10.4)(8.8)
Loss on extinguishment of debt0.00.00.0(13.0)
Other income (loss), net0.20.0(0.1)0.1
Total other expense, net(4.9)(2.9)(10.5)(21.7)
Income (loss) from continuing operations before income taxes1.8(4.8)(3.3)(24.8)
Provision (benefit) for income taxes from continuing operations2.40.53.1(3.8)
Loss from continuing operations(0.6)(5.3)(6.4)(21.0)
Discontinued operations:    
Loss from discontinued operations before income taxes0.00.00.0(0.3)
Income tax benefit0.20.90.21.0
Income from discontinued operations0.20.90.20.7
Net loss(0.4)(4.4)(6.2)(20.3)
Less: Net income attributable to noncontrolling interest2.30.33.50.3
Net loss attributable to Kratos$ (2.7)$ (4.7)$ (9.7)$ (20.6)
Basic and diluted loss per common share attributable to Kratos:    
Loss from continuing operations (in dollars per share)$ (0.02)$ (0.04)$ (0.08)$ (0.17)
Loss from continuing operations (in dollars per share)(0.02)(0.04)(0.08)(0.17)
Income from discontinued operations (in dollars per share)0000.01
Income from discontinued operations (in dollars per share)0000.01
Loss per common share (in dollars per share)(0.02)(0.04)(0.08)(0.16)
Loss per common share (in dollars per share)$ (0.02)$ (0.04)$ (0.08)$ (0.16)
Weighted average common shares outstanding:    
Basic (in shares)129,100126,400128,900126,200
Diluted (in shares)129,100126,400128,900126,200
Service revenues    
Total revenues$ 103.7$ 78.8$ 195.3$ 146.7
Total costs80.056.2148.2106.1
Product sales    
Total revenues153.2145.4293.4273.7
Total costs$ 113.0$ 110.2$ 217.2$ 204.6

KTOS Balance Sheet

2023-06-25
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 25, 2023
Dec. 25, 2022
Current assets:  
Cash and cash equivalents$ 48.2$ 81.3
Accounts receivable, net115.7105.7
Unbilled receivables, net222.0222.8
Inventoried costs145.9125.5
Prepaid expenses12.811.9
Other current assets43.235.4
Total current assets587.8582.6
Property, plant and equipment, net218.6213.1
Operating lease right-of-use assets48.247.4
Goodwill558.2558.2
Intangible assets, net52.255.2
Other assets97.895.0
Total assets1,562.81,551.5
Current liabilities:  
Accounts payable58.457.3
Accrued expenses41.033.8
Accrued compensation54.052.2
Accrued interest1.51.5
Billings in excess of costs and earnings on uncompleted contracts73.162.1
Current portion of operating lease liabilities11.610.8
Other current liabilities10.415.6
Current liabilities of discontinued operations0.90.9
Total current liabilities250.9234.2
Long-term debt, net of current portion232.1250.2
Operating lease liabilities, net of current portion41.040.8
Other long-term liabilities77.477.4
Long-term liabilities of discontinued operations1.11.4
Total liabilities602.5604.0
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest14.711.2
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 shares outstanding at June 25, 2023 and December 25, 20220.00.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 127,641,905 and 125,985,306 shares issued and outstanding at June 25, 2023 and December 25, 2022, respectively0.00.0
Additional paid-in capital1,623.71,608.4
Accumulated other comprehensive income (loss)2.9(0.8)
Accumulated deficit(681.0)(671.3)
Total stockholders’ equity945.6936.3
Total liabilities and stockholders’ equity$ 1,562.8$ 1,551.5
Eric M. DeMarco
3300
Kratos Defense & Security Solutions, Inc. operates as a government contractor of the U.S. Department of Defense. The company operates through two segments, Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment offers microwave electronic products, space and satellite communications, training and cybersecurity/ warfare, C5ISR/ modular systems, turbine technologies, and defense and rocket support services. The Unmanned Systems segment provides unmanned aerial systems, and unmanned ground and seaborne systems. It serves national security related agencies, the department of defense, intelligence agencies, and classified agencies, as well as international government agencies and domestic and international commercial customers. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.