Market Summary
USD13.29+0.15
Market Closed1.14%
KTOS Stock Price
KTOS RSI Chart
KTOS Valuation
KTOS Price/Sales (Trailing)
KTOS Profitability
KTOS Fundamentals
KTOS Revenue
KTOS Earnings
Price Action
52 Week Range
8.9022.26
(Low)(High)
Last 7 days
2.2%
Last 30 days
16.8%
Last 90 days
40.8%
Trailing 12 Months
-36.6%
KTOS Financial Health
KTOS Investor Care
Peers (Alternatives to Kratos Defense and Security Solutions)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
LMT | 124.4B | 66.0B | -1.04% | 6.18% | 21.7 | 1.88 | -1.58% | -9.23% |
BA | 117.7B | 66.6B | -4.00% | 4.49% | -23.86 | 1.77 | 6.94% | -17.44% |
NOC | 69.7B | 36.6B | -4.56% | 1.21% | 14.24 | 1.9 | 2.62% | -30.11% |
TDG | 40.2B | 5.6B | -5.01% | 4.17% | 43.17 | 7.14 | 15.29% | 17.40% |
| MID-CAP | ||||||||
HEI | 9.7B | 2.3B | -4.88% | 6.87% | 27.48 | 4.38 | 20.68% | 11.62% |
BWXT | 5.6B | 2.2B | 3.10% | 13.20% | 23.51 | 2.51 | 5.12% | -22.13% |
AJRD | 4.5B | 2.2B | -0.66% | 39.35% | 60.63 | 2.01 | 2.27% | -49.52% |
SPR | 2.4B | 5.0B | -10.77% | -36.34% | -5.96 | 0.54 | 27.24% | -0.91% |
| SMALL-CAP | ||||||||
KTOS | 1.7B | 898.3M | 16.78% | -36.62% | -45.38 | 1.86 | 10.70% | -1745.00% |
AIR | 1.6B | 1.8B | 1.32% | 7.30% | 17.55 | 0.87 | 6.02% | 23.12% |
SPCE | 1.1B | 2.3M | -29.19% | -57.86% | -2.26 | 488.38 | -29.77% | -41.73% |
TGI | 677.9M | 1.4B | -18.13% | -61.81% | 7.02 | 0.49 | -10.88% | 191.35% |
KAMN | 602.8M | 688.0M | -13.90% | -51.86% | -13.04 | 0.88 | -2.97% | -205.84% |
NPK | 496.3M | 321.6M | -7.54% | -11.07% | 29.25 | 1.52 | -9.60% | -19.31% |
Financials for Kratos Defense and Security Solutions
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.4% | 898 | 861 | 833 | 814 | 812 |
| Gross Profit | 0.0% | 226 | 226 | 232 | 226 | 225 |
| S&GA Expenses | 2.2% | 183 | 179 | 172 | 166 | 160 |
| R&D Expenses | 4.3% | 39.00 | 37.00 | 35.00 | 36.00 | 35.00 |
| EBITDA | 26.4% | 12.00 | 9.00 | 35.00 | 54.00 | - |
| EBITDA Margin | 17.1% | 0.01* | 0.01* | 0.04* | 0.07* | - |
| Earnings Before Taxes | -6.9% | -32.70 | -30.60 | -17.20 | -14.80 | 4.00 |
| EBT Margin | -2.4% | -0.04* | -0.04* | -0.02* | -0.02* | - |
| Interest Expenses | -31.2% | 14.00 | 20.00 | - | - | - |
| Net Income | -18.3% | -36.90 | -31.20 | -25.60 | -19.80 | -2.00 |
| Net Income Margin | -13.3% | -0.04* | -0.04* | -0.03* | -0.02* | - |
| Free Cahsflow | 19.0% | -25.60 | -31.60 | -16.20 | 5.00 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -1.1% | 1,552 | 1,568 | 1,583 | 1,566 | 1,590 |
| Current Assets | -3.1% | 583 | 601 | 624 | 688 | 758 |
| Cash Equivalents | -35.1% | 81.00 | 125 | 142 | 254 | 349 |
| Goodwill | 1.2% | 558 | 552 | 552 | 523 | 494 |
| Liabilities | -3.3% | 604 | 625 | 637 | 618 | 629 |
| Current Liabilities | 5.9% | 234 | 221 | - | - | - |
| Long Term Debt | - | 297 | - | - | - | - |
| LT Debt, Non Current | -14.5% | 250 | 293 | 294 | 295 | 297 |
| Shareholder's Equity | 0.1% | 936 | 935 | 938 | 932 | 945 |
| Retained Earnings | -1.3% | -671 | -663 | -655 | -650 | -634 |
| Additional Paid-In Capital | 0.4% | 1,608 | 1,602 | 1,593 | 1,582 | 1,579 |
| Shares Outstanding | 0.0% | 126 | 126 | 126 | 125 | 124 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 19.0% | -25.60 | -31.60 | -16.20 | 5.00 | 35.00 |
| Share Based Compensation | -0.8% | 26.00 | 27.00 | 26.00 | 27.00 | 26.00 |
| Cashflow From Investing | 3.5% | -177 | -183 | -179 | -106 | -52.10 |
| Cashflow From Financing | -191.7% | -63.30 | -21.70 | -25.10 | -21.70 | -9.30 |
Risks for KTOS
What is the probability of a big loss on KTOS?
91.2%
Probability that Kratos Defense and Security Solutions stock will be more than 20% underwater in next one year
63.1%
Probability that Kratos Defense and Security Solutions stock will be more than 30% underwater in next one year.
45%
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
Returns for KTOS
Cumulative Returns on KTOS
10.3%
10-Year Cumulative Returns
16.6%
7-Year Cumulative Returns
8.1%
5-Year Cumulative Returns
2.6%
3-Year Cumulative Returns
What are the long-term rolling returns for KTOS?
FIve years rolling returns for Kratos Defense and Security Solutions.
Annualized Returns
Which funds bought or sold KTOS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -84.4 | -767,437 | 144,563 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 4.66 | 1,000 | 3,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 80.61 | 2,020,400 | 4,441,400 | 0.01% |
2023-02-24 | NATIXIS | new | - | 89,485 | 89,485 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | new | - | 413 | 413 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | sold off | -100 | -25,000 | - | -% |
2023-02-21 | MACQUARIE GROUP LTD | reduced | -9.15 | -137,000 | 1,425,000 | -% |
2023-02-17 | TRUIST FINANCIAL CORP | reduced | -30.03 | -202,944 | 500,056 | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | unchanged | - | 1,461 | 76,461 | -% |
2023-02-15 | Steward Partners Investment Advisory, LLC | added | 73.8 | 10,304 | 24,304 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Kratos Defense and Security Solutions News
Schedule 13G FIlings of Kratos Defense and Security Solutions
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
KTOS Fair Value
Kratos Defense and Security Solutions fair value in different scenarios
The table shows the Fair Value estimates for Kratos Defense and Security Solutions for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 3.56 -73.21% | 4.37 -67.12% | 5.17 -61.10% | 6.08 -54.25% | 6.78 -48.98% |
| Current Inflation | 3.43 -74.19% | 4.14 -68.85% | 4.82 -63.73% | 5.59 -57.94% | 6.17 -53.57% |
| Very High Inflation | 3.27 -75.40% | 3.86 -70.96% | 4.39 -66.97% | 5.01 -62.30% | 5.47 -58.84% |
Historical Kratos Defense and Security Solutions Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Kratos Defense and Security Solutions
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 10-K | Annual Report | |
| Feb 23, 2023 | 8-K | Current Report | |
| Feb 10, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 25, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 05, 2023 | 4 | Insider Trading | |
| Jan 05, 2023 | 4 | Insider Trading | |
| Jan 05, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for KTOS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-17 | Fendley Steven S. | acquired | - | - | 16,666 | president, us division |
2023-03-17 | Fendley Steven S. | sold (taxes) | -82,237 | 12.54 | -6,558 | president, us division |
2023-02-28 | Goodwin Benjamin M. | sold | -102,120 | 12.765 | -8,000 | svp, corp. dev. & gov. affairs |
2023-01-04 | Carter David M | sold (taxes) | -98,067 | 10.21 | -9,605 | president, drss division |
2023-01-04 | MILLS THOMAS E IV | acquired | - | - | 20,500 | president, c5isr div. |
2023-01-04 | MILLS THOMAS E IV | sold (taxes) | -95,514 | 10.21 | -9,355 | president, c5isr div. |
2023-01-04 | Goodwin Benjamin M. | acquired | - | - | 2,500 | svp, corp. dev. & gov. affairs |
2023-01-04 | Rock Stacey G | sold (taxes) | -36,459 | 10.21 | -3,571 | president, ktt division |
2023-01-04 | DEMARCO ERIC M | acquired | - | - | 75,000 | president & ceo |
2023-01-04 | Fendley Steven S. | acquired | - | - | 10,000 | president, us division |
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.
KTOS Income Statement
2022-12-25CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 25, 2022 | Dec. 26, 2021 | Dec. 27, 2020 | |
| Total revenues | $ 898.3 | $ 811.5 | $ 747.7 |
| Total costs | 672.3 | 586.4 | 544.5 |
| Gross profit | 226.0 | 225.1 | 203.2 |
| Selling, general and administrative expenses | 182.5 | 160.2 | 144.5 |
| Merger and acquisition related items | 0.7 | 1.8 | 1.7 |
| Research and development expenses | 38.6 | 35.2 | 27.0 |
| Restructuring expenses and other | 6.8 | 0.0 | 0.7 |
| Operating income (loss) | (2.6) | 27.9 | 29.3 |
| Other expense: | |||
| Interest expense, net | (17.7) | (23.4) | (22.8) |
| Loss on extinguishment of debt | (13.0) | 0.0 | 0.0 |
| Other income (expense), net | 0.6 | (0.1) | 0.3 |
| Total other expense, net | (30.1) | (23.5) | (22.5) |
| Income (loss) from continuing operations before income taxes | (32.7) | 4.4 | 6.8 |
| Provision (benefit) for income taxes from continuing operations | 1.4 | 3.9 | (73.5) |
| Income (loss) from continuing operations | (34.1) | 0.5 | 80.3 |
| Loss from operations of discontinued component | (0.3) | (2.3) | (1.2) |
| Income tax benefit | (1.2) | (0.2) | (0.3) |
| Income (loss) from discontinued operations | 0.9 | (2.1) | (0.9) |
| Net income (loss) | (33.2) | (1.6) | 79.4 |
| Less: Net income (loss) attributable to noncontrolling interest | 3.7 | 0.4 | (0.2) |
| Net income (loss) attributable to Kratos | $ (36.9) | $ (2.0) | $ 79.6 |
| Basic income (loss) per common share attributable to Kratos: | |||
| Income (loss) from continuing operations (in dollars per share) | $ (0.30) | $ 0.00 | $ 0.70 |
| Income (loss) from discontinued operations (in dollars per share) | 0.01 | (0.02) | (0.01) |
| Net income (loss) per common share (in dollars per share) | (0.29) | (0.02) | 0.69 |
| Diluted income (loss) per common share attributable to Kratos: | |||
| Income (loss) from continuing operations (in dollars per share) | (0.30) | 0.00 | 0.68 |
| Income (loss) from discontinued operations (in dollars per share) | 0.01 | (0.02) | (0.01) |
| Net income (loss) per common share (in dollars per share) | $ (0.29) | $ (0.02) | $ 0.67 |
| Weighted average common shares outstanding: | |||
| Basic (in shares) | 126.7 | 124.6 | 115.5 |
| Diluted (in shares) | 126.7 | 128.0 | 118.7 |
| Service revenues | |||
| Total revenues | $ 325.2 | $ 219.4 | $ 248.7 |
| Total costs | 239.0 | 156.2 | 182.5 |
| Product sales | |||
| Total revenues | 573.1 | 592.1 | 499.0 |
| Total costs | $ 433.3 | $ 430.2 | $ 362.0 |
KTOS Balance Sheet
2022-12-25CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 25, 2022 | Dec. 26, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 81.3 | $ 349.4 |
| Accounts receivable, net | 105.7 | 93.9 |
| Unbilled receivables, net | 222.8 | 190.8 |
| Inventoried costs | 125.5 | 91.7 |
| Prepaid expenses | 11.9 | 9.8 |
| Other current assets | 35.4 | 22.5 |
| Total current assets | 582.6 | 758.1 |
| Property, plant and equipment, net | 213.1 | 168.3 |
| Operating lease right-of-use assets | 47.4 | 38.5 |
| Goodwill | 558.2 | 493.9 |
| Intangible assets, net | 55.2 | 43.2 |
| Other assets | 95.0 | 87.5 |
| Total assets | 1,551.5 | 1,589.5 |
| Current liabilities: | ||
| Accounts payable | 57.3 | 50.4 |
| Accrued expenses | 33.8 | 27.2 |
| Accrued compensation | 52.2 | 47.3 |
| Accrued interest | 1.5 | 1.5 |
| Billings in excess of costs and earnings on uncompleted contracts | 62.1 | 58.1 |
| Current portion of operating lease liabilities | 10.8 | 10.1 |
| Other current liabilities | 15.6 | 25.7 |
| Current liabilities of discontinued operations | 0.9 | 0.8 |
| Total current liabilities | 234.2 | 221.1 |
| Long-term debt | 250.2 | 296.7 |
| Operating lease liabilities, net of current portion | 40.8 | 32.7 |
| Other long-term liabilities | 77.4 | 76.2 |
| Long-term liabilities of discontinued operations | 1.4 | 2.5 |
| Total liabilities | 604.0 | 629.2 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interest | 11.2 | 15.2 |
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value, 5,000,000 authorized, 0 shares outstanding at December 25, 2022 and December 26, 2021 | 0.0 | 0.0 |
| Common stock, $0.001 par value, 195,000,000 shares authorized; 125,985,306 and 123,987,424 shares issued and outstanding at December 25, 2022 and December 26, 2021, respectively | 0.0 | 0.0 |
| Additional paid-in capital | 1,608.4 | 1,578.9 |
| Accumulated other comprehensive income (loss) | (0.8) | 0.6 |
| Accumulated deficit | (671.3) | (634.4) |
| Total stockholders’ equity | 936.3 | 945.1 |
| Total liabilities and stockholders’ equity | $ 1,551.5 | $ 1,589.5 |