Noble Financial analyst Joe Gomes maintained a Buy rating on Kratos Defense (NASDAQ:KTOS) on Thursday, setting a price target of $30, which is approximately 37.24% above the present share price of $21.86.
Gomes expects Kratos Defense to post earnings per share (EPS) of $0.01 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Kratos Defense, with an average price target of $29.8.
The analysts price targets range from a high of $32 to a low of $26.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $205.1 million and a net profit of $3.6 million. The company's market cap is $2.71 billion.
According to TipRanks.com, Noble Financial analyst Joe Gomes is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.2% and a 58.38% success rate.
Kratos Defense & Security Solutions, Inc. engages in the provision of technology systems to the U.S. Department of Defense. It operates through the following segments: Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment includes microwave electronic products, satellite communications, modular systems, and rocket support operating. The Unmanned Systems segment consists of unmanned aerial system and unmanned ground & seaborne system businesses. The company was founded on December 19, 1994 and is headquartered in San Diego, CA.