Here's Why Kratos (KTOS) is a Strong Momentum Stock

Company Overview - Kratos Defense & Security Solutions, headquartered in San Diego, CA, specializes in high-performance unmanned aerial target drone systems, space and satellite communications, cyber security, microwave electronics, missile defense, hypersonic systems, and training and combat systems [10]. Investment Insights - Kratos (KTOS) is currently rated as a 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating a solid position in the market [11]. - The stock has a Momentum Style Score of B, with shares increasing by 2.4% over the past four weeks, suggesting positive momentum [11]. - For fiscal 2024, three analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.07 to $0.46 per share [11]. - Kratos boasts an average earnings surprise of 73.8%, indicating strong performance relative to expectations [11]. - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Kratos is recommended for investors' consideration [12].