5 Things Kratos Management Wants You to Know
When Kratos Defense & Security Solutions (NASDAQ: KTOS) reported its fiscal Q2 earnings last week, investors rebelled. GAAP profits, promised three months ago, had failed to materialize. More promises of growth in profits were made -- but with no profits to begin with, investors were rightly skeptical of how Kratos intended to grow something that didn't exist.
Kratos stock crashed 10% in response to the bad news, and it hasn't recovered since.
Will the stock recover? That may depend on the story that's unfolding behind the numbers at Kratos. And to give investors some insight into that big picture, Kratos laid out its vision for what the future holds in a post-earnings conference call.
Source: Fool.com
Kratos Defense & Security Solutions Stock
€55.38
0.020%
Currently there is a rather positive sentiment for Kratos Defense & Security Solutions with 5 Buy predictions and 0 Sell predictions.
With a target price of 59 € there is a slightly positive potential of 6.54% for Kratos Defense & Security Solutions compared to the current price of 55.38 €.
