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Kratos Defense and Security Solutions Inc Stock Research

KTOS

13.29USD+0.15(+1.14%)Market Closed

Market Summary

USD13.29+0.15
Market Closed
1.14%

KTOS Alerts

KTOS Stock Price

KTOS RSI Chart

KTOS Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-45.38

Price/Sales (Trailing)

1.86

EV/EBITDA

138.53

Price/Free Cashflow

-65.4

KTOS Price/Sales (Trailing)

KTOS Profitability

EBT Margin

-3.64%

Return on Equity

-3.94%

Return on Assets

-2.38%

Free Cashflow Yield

-1.53%

KTOS Fundamentals

KTOS Revenue

Revenue (TTM)

898.3M

Revenue Y/Y

17.82%

Revenue Q/Q

9.06%

KTOS Earnings

Earnings (TTM)

-36.9M

Earnings Y/Y

-219.23%

Earnings Q/Q

-3.75%

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

Current Ratio

2.49

Debt/Equity

0.32

Debt/Cashflow

-0.05

KTOS Investor Care

Shares Dilution (1Y)

1.61%

Diluted EPS (TTM)

-0.29

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
124.4B
66.0B
-1.04% 6.18%
21.7
1.88
-1.58% -9.23%
117.7B
66.6B
-4.00% 4.49%
-23.86
1.77
6.94% -17.44%
69.7B
36.6B
-4.56% 1.21%
14.24
1.9
2.62% -30.11%
40.2B
5.6B
-5.01% 4.17%
43.17
7.14
15.29% 17.40%
MID-CAP
9.7B
2.3B
-4.88% 6.87%
27.48
4.38
20.68% 11.62%
5.6B
2.2B
3.10% 13.20%
23.51
2.51
5.12% -22.13%
4.5B
2.2B
-0.66% 39.35%
60.63
2.01
2.27% -49.52%
2.4B
5.0B
-10.77% -36.34%
-5.96
0.54
27.24% -0.91%
SMALL-CAP
1.7B
898.3M
16.78% -36.62%
-45.38
1.86
10.70% -1745.00%
1.6B
1.8B
1.32% 7.30%
17.55
0.87
6.02% 23.12%
1.1B
2.3M
-29.19% -57.86%
-2.26
488.38
-29.77% -41.73%
677.9M
1.4B
-18.13% -61.81%
7.02
0.49
-10.88% 191.35%
602.8M
688.0M
-13.90% -51.86%
-13.04
0.88
-2.97% -205.84%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.4%898861833814812
Gross Profit0.0%226226232226225
  S&GA Expenses2.2%183179172166160
  R&D Expenses4.3%39.0037.0035.0036.0035.00
EBITDA26.4%12.009.0035.0054.00-
EBITDA Margin17.1%0.01*0.01*0.04*0.07*-
Earnings Before Taxes-6.9%-32.70-30.60-17.20-14.804.00
EBT Margin-2.4%-0.04*-0.04*-0.02*-0.02*-
Interest Expenses-31.2%14.0020.00---
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 Cahsflow19.0%-25.60-31.60-16.205.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-1.1%1,5521,5681,5831,5661,590
  Current Assets-3.1%583601624688758
    Cash Equivalents-35.1%81.00125142254349
  Goodwill1.2%558552552523494
Liabilities-3.3%604625637618629
  Current Liabilities5.9%234221---
  Long Term Debt-297----
    LT Debt, Non Current-14.5%250293294295297
Shareholder's Equity0.1%936935938932945
  Retained Earnings-1.3%-671-663-655-650-634
  Additional Paid-In Capital0.4%1,6081,6021,5931,5821,579
Shares Outstanding0.0%126126126125124
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations19.0%-25.60-31.60-16.205.0035.00
  Share Based Compensation-0.8%26.0027.0026.0027.0026.00
Cashflow From Investing3.5%-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 ascendingFund NameType% 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
-%

1–10 of 48

Latest Funds Activity

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

Kratos Defense and Security Solutions News

Seeking Alpha

Kratos Defense & Security Solutions, Inc. (KTOS) Q3 2022 Earnings ....

Seeking Alpha,
4 months ago

SatNews Daily

ThinkMarkets

Defense Daily Network

The Motley Fool

The Wall Street Transcript

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

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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

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.

KTOS Income Statement

2022-12-25
CONSOLIDATED 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 costs672.3586.4544.5
Gross profit226.0225.1203.2
Selling, general and administrative expenses182.5160.2144.5
Merger and acquisition related items0.71.81.7
Research and development expenses38.635.227.0
Restructuring expenses and other6.80.00.7
Operating income (loss)(2.6)27.929.3
Other expense:   
Interest expense, net(17.7)(23.4)(22.8)
Loss on extinguishment of debt(13.0)0.00.0
Other income (expense), net0.6(0.1)0.3
Total other expense, net(30.1)(23.5)(22.5)
Income (loss) from continuing operations before income taxes(32.7)4.46.8
Provision (benefit) for income taxes from continuing operations1.43.9(73.5)
Income (loss) from continuing operations(34.1)0.580.3
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 operations0.9(2.1)(0.9)
Net income (loss)(33.2)(1.6)79.4
Less: Net income (loss) attributable to noncontrolling interest3.70.4(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)0.000.68
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)126.7124.6115.5
Diluted (in shares)126.7128.0118.7
Service revenues   
Total revenues$ 325.2$ 219.4$ 248.7
Total costs239.0156.2182.5
Product sales   
Total revenues573.1592.1499.0
Total costs$ 433.3$ 430.2$ 362.0

KTOS Balance Sheet

2022-12-25
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 25, 2022
Dec. 26, 2021
Current assets:  
Cash and cash equivalents$ 81.3$ 349.4
Accounts receivable, net105.793.9
Unbilled receivables, net222.8190.8
Inventoried costs125.591.7
Prepaid expenses11.99.8
Other current assets35.422.5
Total current assets582.6758.1
Property, plant and equipment, net213.1168.3
Operating lease right-of-use assets47.438.5
Goodwill558.2493.9
Intangible assets, net55.243.2
Other assets95.087.5
Total assets1,551.51,589.5
Current liabilities:  
Accounts payable57.350.4
Accrued expenses33.827.2
Accrued compensation52.247.3
Accrued interest1.51.5
Billings in excess of costs and earnings on uncompleted contracts62.158.1
Current portion of operating lease liabilities10.810.1
Other current liabilities15.625.7
Current liabilities of discontinued operations0.90.8
Total current liabilities234.2221.1
Long-term debt250.2296.7
Operating lease liabilities, net of current portion40.832.7
Other long-term liabilities77.476.2
Long-term liabilities of discontinued operations1.42.5
Total liabilities604.0629.2
Commitments and contingencies
Redeemable noncontrolling interest11.215.2
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000,000 authorized, 0 shares outstanding at December 25, 2022 and December 26, 20210.00.0
Common stock, $0.001 par value, 195,000,000 shares authorized; 125,985,306 and 123,987,424 shares issued and outstanding at December 25, 2022 and December 26, 2021, respectively0.00.0
Additional paid-in capital1,608.41,578.9
Accumulated other comprehensive income (loss)(0.8)0.6
Accumulated deficit(671.3)(634.4)
Total stockholders’ equity936.3945.1
Total liabilities and stockholders’ equity$ 1,551.5$ 1,589.5