Why Kratos (KTOS) is a Top Growth Stock for the Long-Term

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].