Karman Holdings Inc. (NYSE:KRMN – Get Free Report) Director Stephen Twitty bought 275 shares of the stock in a transaction on Wednesday, September 16th. The stock was purchased at an average cost of $36.79 per share, with a total value of $10,117.25. Following the purchase, the director directly owned 2,638 shares of the company’s stock, valued at approximately $97,052.02. This represents a 11.64% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.
Karman Trading Up 1.8%
KRMN opened at $35.90 on Friday. The firm’s fifty day moving average is $47.83 and its two-hundred day moving average is $63.14. The firm has a market cap of $4.76 billion, a PE ratio of 123.78 and a beta of 0.47. Karman Holdings Inc. has a twelve month low of $33.99 and a twelve month high of $118.38. The company has a debt-to-equity ratio of 2.01, a quick ratio of 3.40 and a current ratio of 3.56.
Karman (NYSE:KRMN – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $182.06 million during the quarter. Karman had a net margin of 6.31% and a return on equity of 15.54%. Karman’s quarterly revenue was up 58.2% on a year-over-year basis. During the same period last year, the firm earned $0.10 EPS. Equities research analysts anticipate that Karman Holdings Inc. will post 0.59 EPS for the current year.
Analyst Ratings Changes
Get Our Latest Stock Analysis on KRMN
Institutional Investors Weigh In On Karman
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in Karman by 889.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock worth $28,000 after acquiring an additional 347 shares during the last quarter. Huntington National Bank acquired a new stake in shares of Karman in the fourth quarter valued at approximately $32,000. Parkside Financial Bank & Trust lifted its position in shares of Karman by 3,471.4% in the second quarter. Parkside Financial Bank & Trust now owns 500 shares of the company’s stock worth $25,000 after purchasing an additional 486 shares in the last quarter. CX Institutional acquired a new position in Karman during the second quarter worth $28,000. Finally, Tsfg LLC acquired a new position in Karman during the second quarter worth $30,000.
Key Stories Impacting Karman
Here are the key news stories impacting Karman this week:
- Positive Sentiment: Three Karman directors recently reported stock purchases, signaling confidence in the company’s valuation after the selloff. Director David Stinnett bought 27,000 shares worth approximately $1.01 million, while Stephen Twitty acquired 275 shares for about $10,117. Karman Holdings Insider Trio Makes Bold Moves With Fresh Stock Buys
- Positive Sentiment: Guggenheim upgraded Karman to “Strong Buy,” adding bullish analyst support and potentially improving investor sentiment.
- Positive Sentiment: Brokerages collectively maintain a “Moderate Buy” consensus recommendation, suggesting analysts generally view the recent weakness as an opportunity rather than a deterioration in the business outlook. Karman Holdings Given Consensus Recommendation of Moderate Buy
- Neutral Sentiment: The insider purchases were made near $37 per share and increase the directors’ holdings, but insider transactions alone do not guarantee improved operating results or a sustained recovery.
- Negative Sentiment: KRMN was included among mid-cap industrial stocks with the weakest momentum grades, reflecting continued technical weakness. The shares remain well below their 50-day and 200-day moving averages and close to their 52-week low.
- Negative Sentiment: The stock’s valuation remains demanding, with a price-to-earnings ratio above 120, which could limit upside if earnings growth does not justify the premium.
About Karman
Karman is an aerospace and defense company that develops and manufactures mission-critical components, structures and systems for space and defense applications. Its offerings support launch vehicles, satellites, hypersonic systems and other advanced aerospace platforms.
The company provides capabilities across engineered metallic and composite structures, precision components, propulsion-related products and other specialized assemblies. Karman serves government and commercial aerospace customers involved in space launch, national security and defense programs.
Operating through a portfolio of aerospace and defense businesses, Karman combines design, engineering and manufacturing capabilities for complex, high-performance applications.
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