Kratos Defense Shares Surpass Analyst Target; Mixed Reactions Expected
Shares of Kratos Defense & Security Solutions, Inc. (Symbol: KTOS) recently traded at $36.89, exceeding the average analyst 12-month target price of $36.73. Analysts may respond by downgrading their valuations or raising target prices. Reactions can also depend on recent business developments that have influenced the stock’s upward movement.
Within the Zacks coverage, 11 analysts provide the average target for KTOS. Some analysts project targets below the average, with one setting a target at $19.00, while another has a high target of $41.00. The standard deviation among the targets is $6.278.
The average price target aims to reflect the collective insights of multiple analysts rather than just one viewpoint. With KTOS exceeding the $36.73 average target, investors must evaluate whether this is a stepping stone to a higher target or if the valuation is becoming too stretched, prompting a potential exit strategy. Below is a breakdown of the current analyst ratings for Kratos Defense & Security Solutions, Inc.:
| Recent KTOS Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 7 | 7 | 7 | 7 |
| Buy ratings: | 1 | 1 | 1 | 1 |
| Hold ratings: | 4 | 4 | 4 | 4 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 1.75 | 1.75 | 1.75 | 1.75 |
The average ratings scale ranges from 1 (Strong Buy) to 5 (Strong Sell). This data comes from Zacks Investment Research via Quandl.com.
The views expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
