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Tag: KTOS Stock

  • Kratos (KTOS) Stock Price Has Not Reacted To Insider Sales

    Kratos (KTOS) Stock Price Has Not Reacted To Insider Sales

    On the US chart, Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) concluded Thursday’s trading almost unchanged. Kratos shares ended the session at $20.59, down only 0.10%. Even after insider selling, KTOS shares stabilized.

    Steven S. Fendley, President of Kratos’ US Division, sold 7,000 shares of KTOS, according to information disclosed in an SEC filing released yesterday. With total revenues of $142,798 the executive completed the deal at a price of $20.40 per share.

    Recent developments at KTOS have been keeping the stock price higher despite insider selling. At the inaugural DIFI Plugfest, where satellite solution vendors gathered to test the interoperability of their Digital IF technologies, Kratos (KTOS) recently showed 100% interoperability success.

    The Digital IF Interoperability (DIFI) Consortium is an autonomous worldwide consortium of businesses, associations, and governmental bodies interested in ensuring that satellite ground system equipment is interoperable. It was established under the IEEE’s sponsorship.

    With the help of the Digital IF/RF standard, the industry is expected to transition more quickly from stovepiped, hardware-based systems to fully digital software-defined networks. “Plugfests” are gatherings when suppliers evaluate each other’s software and electrical equipment compatibility according to a technical standard.

    In this first DIFI Plugfest, seven equipment manufacturers took part, with Kratos offering the most devices tested. In order to mainstream satellite networks into the global communications infrastructure, Kratos is spearheading the effort to develop solutions that are standards-based and interoperable.

    The success of Kratos products across the board at DIFI’s Plugfest event was indicative of such leadership. Using its quantum, SpectralNet, and OpenSpace products, Kratos is constructing a digital future that will provide more efficient, adaptable, and reasonably priced satellite services to all corners of the globe.

    The cornerstone of Kratos’ continuous endeavor to facilitate the integrating of satellite services and ensure that satellite ground systems function flawlessly with today’s wireless and terrestrial networks is the adoption of the DIFI standard across a broad range of ground system products.

  • Under the spotlight: Aerospace & Defence Stocks

    Under the spotlight: Aerospace & Defence Stocks

    Rolls-Royce is now facing the most challenging time in its 114-year history because of the coronavirus crisis. By raising 5 billion pounds ($6.8 billion) in cash, the supplier to Airbus and Boeing Co (NYSE: BA) bought it time but warned that 2020 would be even worse than expected.

    The manufacturer of powerplants for British nuclear submarines might need to be saved by the state before it secured extra funds in November.

    Following last month’s reduction in Rolls’ debt rating to “junk,” Prime Minister Boris Johnson attempted to allay concerns, saying the government would work with the company to ensure its “long-term future” as a “great, great British company.”

    Rolls Royce is one of only four major manufacturers in the world of aero engines, symbolizing British industrial interests at a crucial time when the nation is attempting to assert its position in a post-Brexit world and struggling with uncertainty over the future trade relationships.

    The Boeing Company (NYSE:BA) shares were trading down -2.05% at $221.24 at the time of writing on Thursday. Boeing (BA) recently stated that the company and the University of Arizona put an age-old technique, thermal disinfection, to use in the fight against COVID-19.

    The Boeing Company (NYSE:BA) share price went from a low point around $89.00 to briefly over $349.95 in past 52 weeks, though shares have since pulled back to $221.24. BA market cap has remained high, hitting $127.12B at the time of writing, giving it price-to-sales ratio of more than 2.

    If we look at the recent analyst rating BA, UBS upgraded coverage on BA shares with a Buy rating and a $213.13 price target, which implies room for -8.11% downside momentum this year.

    EHang Holdings Limited (EH) last closed at $20.21, in a 52-week range of $7.59 to $24.38. The company achieved a significant milestone on the path to offering Urban Air Mobility (“UAM”) services worldwide. As On December 9, the Civil Aviation Authority of Austria issued a trial flight permit for the EH216 passenger-grade AAV. Analysts have a consensus price target of $13.00.

    Embraer S.A. (ERJ) stock drop by -0.96% to $7.22. The most recent rating by Morgan Stanley, on August 11, 2020, is at an Underweight.

    Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) Shares headed rising, higher as much as 6.63% following its announcement of successful completion of Kratos Valkyrie UAS AttritableONE flight test enabling the F-22 and F-35 5th flying of generation fighters in formation. The most recent rating by JP Morgan, on September 22, 2020, is at a Neutral.

    L3Harris Technologies Inc. (NYSE:LHX) fall -0.23% after losing more than -$0.42 on Thursday after reporting that it will host a conference call on Friday, January 29, 2021, at 8:30 a.m. Eastern Time (ET) to discuss its fourth quarter calendar year 2020 financial results.

    Lockheed Martin Corporation (LMT) last closed at $352.60, in a 52-week range of $266.11 to $442.53. Analysts have a consensus price target of $436.00.

    Northrop Grumman Corporation (NOC) stock drop by -0.44% to $300.68. On December 8, 2020, the company and Veritas Capital, revealed that Peraton, an affiliate of Veritas, has signed a definitive agreement to acquire Northrop Grumman’s federal IT and mission support services business for $3.4 billion in cash. The most recent rating by RBC Capital Mkts, on October 06, 2020, is at an Outperform.

    AMMO Inc. (NASDAQ:POWW) Shares headed falling, lower as much as -2.15% after reporting the closing of Underwriters’ $2.6 million over-allotment of common stock.

    Raytheon Technologies Corporation (NYSE:RTX) rose 0.10% after gaining more than $0.07 on Thursday.

    Virgin Galactic Holdings Inc. (SPCE) last closed at $25.50, in a 52-week range of $9.06 to $42.49. On December 14, 2020, the firm revealed an update following its recent test flight on December 12, 2020. Analysts have a consensus price target of $26.78.

    Spirit AeroSystems Holdings Inc. (SPR) stock drop by -1.30% to $36.37. The most recent rating by UBS, on December 07, 2020, is at a Buy.

    Smith & Wesson Brands Inc. (NASDAQ:SWBI) Shares headed rising, higher as much as 0.89% following the declaration from the firm that its Board of Directors has authorized the repurchase of up to $50 million of the company’s common stock through December 14, 202. The most recent rating by Aegis Capital, on September 24, 2020, is at a Buy.

    AgEagle Aerial Systems Inc. (AMEX:UAVS) rose 5.57% after gaining more than $0.17 on Thursday.