 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Kratos Defense & Security Solutions, Inc. (KTOS) provides mission critical products, solutions, and services in the United States.
The company operates through three segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security.
The Kratos Government Solutions segment offers microwave electronic products; satellite communications; technical and training solutions; modular systems; and defense and rocket support services.
The Unmanned Systems segment provides unmanned aerial, ground, and seaborne, as well as command, control, and communications systems.
The Public Safety & Security segment designs, engineers, deploys, operates, integrates, maintains, and operates security and surveillance solutions for homeland security, public safety, critical infrastructure, government, and commercial customers.
The company 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; and critical infrastructure, power generation, power transport, nuclear energy, financial, IT, healthcare, education, transportation, and petro-chemical industries, as well as government and military customers.
Shares are heading higher in an upward trading channel. Presently shares are at the lower boundary of the channel. Shares sold off after the company guided lower on July 31st. Kratos reported 2nd Quarter June 2019 earnings of $0.08 per share on revenue of $187.9 million. The consensus earnings estimate was $0.06 per share on revenue of $178.1 million. Revenue grew 24.3% on a year-over-year basis.
The company said it expects third quarter revenue of $175.0 million to $185.0 million. The current consensus revenue estimate is $193.6 million for the quarter ending September 30, 2019. The company also said it expects 2019 revenue of $720.0 million to $740.0 million. The company's previous guidance was revenue of $720.0 million to $760.0 million and the current consensus estimate is revenue of $737.3 million for the year ending December 31, 2019.
52-Weeks Trading Range: $11.91 to $25.08
Entry Point: $19.75
Stop Loss: $18.75
Targt Price: $21.75
KTOS closed at $19.50
