Karman Holdings Inc. (NYSE:KRMN) Given Average Rating of “Moderate Buy” by Analysts

Karman Holdings Inc. (NYSE:KRMN) has earned a consensus rating of “Moderate Buy” from the eleven research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $105.60.

A number of research firms have issued reports on KRMN. Robert W. Baird boosted their price objective on shares of Karman from $115.00 to $135.00 and gave the company an “outperform” rating in a research report on Friday, March 20th. Weiss Ratings upgraded shares of Karman from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. BWS Financial restated a “sell” rating and issued a $37.00 price objective on shares of Karman in a research report on Monday, May 18th. KeyCorp decreased their price target on shares of Karman from $122.00 to $100.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Finally, Piper Sandler decreased their price target on shares of Karman from $127.00 to $114.00 and set an “overweight” rating for the company in a research note on Tuesday, May 19th.

Hedge Funds Weigh In On Karman

A number of institutional investors have recently bought and sold shares of KRMN. AustralianSuper Pty Ltd bought a new position in shares of Karman during the fourth quarter valued at approximately $33,679,000. Congress Asset Management Co. bought a new position in shares of Karman during the fourth quarter valued at approximately $24,212,000. UBS Group AG increased its stake in shares of Karman by 103.7% during the fourth quarter. UBS Group AG now owns 926,976 shares of the company’s stock valued at $67,827,000 after purchasing an additional 471,894 shares in the last quarter. Federated Hermes Inc. bought a new position in shares of Karman during the third quarter valued at approximately $2,055,000. Finally, Aubrey Capital Management Ltd bought a new position in shares of Karman during the fourth quarter valued at approximately $3,687,000.

Karman Stock Performance

Karman stock opened at $51.97 on Thursday. The firm has a fifty day simple moving average of $73.56 and a two-hundred day simple moving average of $81.72. Karman has a twelve month low of $42.70 and a twelve month high of $118.38. The company has a market capitalization of $6.89 billion, a PE ratio of 225.98 and a beta of 0.32. The company has a quick ratio of 3.38, a current ratio of 3.53 and a debt-to-equity ratio of 2.08.

Karman (NYSE:KRMN) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. Karman had a net margin of 5.73% and a return on equity of 14.94%. The firm had revenue of $151.21 million for the quarter, compared to analysts’ expectations of $150.19 million. During the same quarter in the previous year, the company earned $0.05 earnings per share. The company’s revenue for the quarter was up 51.0% compared to the same quarter last year. Research analysts expect that Karman will post 0.59 EPS for the current year.

About Karman

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives. We estimate that no single program accounted for more than 10% of sales for the nine months ended September 30, 2024 or the twelve months ended December 31, 2023, with revenue from over 100 active programs supporting current production and next-generation space, missile, hypersonic, and defense applications.