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Why Kratos (KTOS) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-06 14:55
Core Insights - Zacks Premium offers various tools to help investors make informed decisions and enhance their confidence in the stock market [1][8] - The Zacks Style Scores are designed to assist investors in selecting stocks with the highest potential to outperform the market within a 30-day timeframe [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score indicating better chances of outperforming [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5] Value Score - The Value Score identifies undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow to find attractive investment opportunities [3] Growth Score - The Growth Score emphasizes a company's financial health and future growth potential by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score helps investors capitalize on price trends by evaluating recent price changes and earnings estimate revisions [4] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best overall value, growth prospects, and momentum [5] Zacks Rank Integration - The Zacks Rank utilizes earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [6][7] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for maximizing investment potential [9] Company Spotlight: Kratos Defense & Security Solutions (KTOS) - Kratos, based in San Diego, specializes in high-performance unmanned aerial target drone systems and various defense technologies [11] - KTOS holds a Zacks Rank of 2 (Buy) and a VGM Score of B, with a Momentum Style Score of B, reflecting a 10.6% increase in share price over the past four weeks [12] - Recent earnings estimates for fiscal 2024 have been revised upward, with the Zacks Consensus Estimate increasing by $0.08 to $0.47 per share, and an average earnings surprise of 73.8% [12][13]
Are You Looking for a Top Momentum Pick? Why Kratos (KTOS) is a Great Choice
ZACKS· 2024-09-04 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Kratos (KTOS) - Kratos currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [2][3] - The company has a Zacks Rank of 2 (Buy), which historically outperforms the market when combined with a Style Score of A or B [3] Price Performance - Over the past week, KTOS shares increased by 0.75%, while the Zacks Aerospace - Defense Equipment industry rose by 1.45% [5] - In the last month, KTOS shares have appreciated by 7.71%, slightly outperforming the industry's 7.69% [5] - Over the past quarter, KTOS shares rose by 8.35%, and over the last year, they increased by 41.3%, compared to the S&P 500's gains of 5.01% and 23.98%, respectively [6] Trading Volume - KTOS has an average 20-day trading volume of 954,998 shares, which serves as a bullish indicator when the stock is rising with above-average volume [7] Earnings Outlook - In the past two months, 3 earnings estimates for KTOS have been revised upwards, while 1 estimate was revised downwards, leading to an increase in the consensus estimate from $0.39 to $0.47 [9] - For the next fiscal year, there have been 3 upward revisions and 1 downward revision in earnings estimates [9]
Why Kratos (KTOS) is a Top Growth Stock for the Long-Term
ZACKS· 2024-09-02 14:45
Company Overview - Kratos Defense & Security Solutions is headquartered in San Diego, CA, and was incorporated on December 19, 1994, beginning operations in March 1995. The company specializes in high-performance, jet-powered unmanned aerial target drone systems, space and satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, C5ISR, training, and combat systems [10]. Investment Ratings - Kratos (KTOS) holds a 2 (Buy) rating on the Zacks Rank, indicating a favorable investment outlook. The company has a VGM Score of B, suggesting it has a balanced combination of value, growth, and momentum characteristics [11][12]. Growth Potential - The company is particularly appealing to growth investors, with a Growth Style Score of A. It is forecasted to achieve year-over-year earnings growth of 11.9% for the current fiscal year. Additionally, three analysts have revised their earnings estimates higher in the last 60 days for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.08 to $0.47 per share [11]. - Kratos has demonstrated an average earnings surprise of 73.8%, indicating strong performance relative to expectations [11]. Summary - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Kratos should be considered a strong candidate for investors looking for growth opportunities in the defense and security sector [12].
Reasons to Add Kratos Defense Stock to Your Portfolio Now
ZACKS· 2024-08-30 13:20
Kratos Defense & Security Solutions, Inc. (KTOS) , with a strong backlog, rising earnings estimates and low debt, offers a great investment opportunity in the Zacks Aerospace sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. KTOS' Growth Projections & Surprise History The Zacks Consensus Estimate for KTOS' 2024 earnings per share (EPS) has increased 20.5% to 47 cents in the past 60 days. The Zacks Consensus Estimate for Kratos Defense's tot ...
Kratos Turbine Technologies Division Welcomes Congressman Brian Mast to the KTT Facility in Jupiter
GlobeNewswire News Room· 2024-08-28 20:00
SAN DIEGO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, recently welcomed U.S. Representative Brian Mast (FL-21) to Kratos Turbine Technologies in Jupiter, Florida, to showcase their expertise in propulsion. KTT is one of the fastest growing divisions within Kratos. The organic business growth is driven by a strong demand for KTT products and services including defense engines, commercial en ...
Defense Stock Still Has More Room to Run
Schaeffers Investment Research· 2024-08-26 16:35
Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) stock was last seen down 1.1% to trade at $22.52, cooling off from the three-year peak of $23.18 it notched earlier. The security sports a 47.5% year-todate lead, with long-term support from its 200-day moving average containing multiple pullbacks this year. The even better news is that KTOS' peak comes amid low implied volatility (IV) -- a combination that usually precedes tailwinds. There were four times in the past five years when the stock was tradin ...
Kratos Defense & Security Solutions, Inc. (KTOS) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-08-26 14:15
Have you been paying attention to shares of Kratos (KTOS) ? Shares have been on the move with the stock up 0.5% over the past month. The stock hit a new 52-week high of $22.99 in the previous session. Kratos has gained 12.2% since the start of the year compared to the 3.5% move for the Zacks Aerospace sector and the 22.2% return for the Zacks Aerospace - Defense Equipment industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our earning ...
Shield AI Achieves Groundbreaking Collaborative Multi-Jet Aircraft Autonomy in Kratos MQM-178 Firejet Flight Test Event
Prnewswire· 2024-08-21 18:15
The flight tests featured two autonomous agents piloted by Shield AI's 'Hivemind' AI Pilot. These agents teamed up to perform coordinated maneuvers, demonstrating operationally relevant collaborative behaviors. This demonstration highlighted the capabilities of future unmanned jets and drones, with all computing executed on board and in-air agent communication seamlessly integrated. "In the next decade, AI pilots will command and maneuver all unmanned systems, enabling the US and our allies to deploy millio ...
Are Aerospace Stocks Lagging Kratos Defense & Security Solutions (KTOS) This Year?
ZACKS· 2024-08-19 14:40
The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Kratos (KTOS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question. Kratos is a member of the Aerospace sector. This group includes 46 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 different groups, ...
What Makes Kratos (KTOS) a New Buy Stock
ZACKS· 2024-08-16 17:00
Kratos (KTOS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Sinc ...