Karman Holdings Inc. (NYSE:KRMN – Get Free Report)’s share price passed above its 50 day moving average during trading on Friday after Weiss Ratings upgraded the stock from a hold (c-) rating to a hold (c) rating. The stock has a 50 day moving average of $35.93 and traded as high as $45.90. Karman shares last traded at $45.06, with a volume of 10,164,826 shares.
A number of other research firms have also recently commented on KRMN. Truist Financial reduced their price target on Karman from $118.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Barclays started coverage on Karman in a report on Thursday, October 8th. They set an “overweight” rating and a $79.00 target price on the stock. BWS Financial reiterated a “sell” rating and issued a $37.00 price target on shares of Karman in a research note on Monday, August 10th. Needham & Company LLC dropped their price objective on shares of Karman from $125.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Piper Sandler restated an “overweight” rating and issued a $91.00 price objective (down from $114.00) on shares of Karman in a report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $73.00.
Get Our Latest Stock Report on Karman
Insider Transactions at Karman
In related news, Director David Stinnett purchased 27,000 shares of the business’s stock in a transaction on Wednesday, September 16th. The stock was acquired at an average price of $37.32 per share, with a total value of $1,007,640.00. Following the completion of the acquisition, the director owned 3,530,395 shares of the company’s stock, valued at approximately $131,754,341.40. This trade represents a 0.77% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 5.77% of the company’s stock.
More Karman News
Here are the key news stories impacting Karman this week:
- Positive Sentiment: Third-quarter adjusted EPS was $0.19, topping the $0.16 consensus estimate and doubling the year-ago $0.10. Revenue reached $201.62 million, up 65.6% year over year. Karman Q3 earnings and revenue beat estimates
- Positive Sentiment: Karman raised FY 2026 revenue guidance to $755 million–$760 million, above the $742.2 million analyst consensus. Its reported backlog of $1.7 billion adds support for the growth outlook. Karman’s revenue outlook and backlog
- Positive Sentiment: Piper Sandler reaffirmed its Overweight rating and raised its price target to $60 from $59. Piper Sandler rating update
- Negative Sentiment: Needham lowered its price target to $50 from $80, although it kept a Buy rating. The cut tempers the otherwise favorable analyst response to the results. Needham price-target update
Institutional Investors Weigh In On Karman
A number of institutional investors and hedge funds have recently made changes to their positions in KRMN. First Trust Advisors LP raised its position in Karman by 3.3% in the 1st quarter. First Trust Advisors LP now owns 2,891,687 shares of the company’s stock valued at $231,480,000 after purchasing an additional 93,565 shares during the last quarter. William Blair Investment Management LLC lifted its stake in Karman by 87.4% in the third quarter. William Blair Investment Management LLC now owns 1,832,222 shares of the company’s stock valued at $59,401,000 after buying an additional 854,760 shares during the last quarter. Congress Asset Management Co. raised its holdings in Karman by 23.8% during the third quarter. Congress Asset Management Co. now owns 1,068,811 shares of the company’s stock worth $34,651,000 after purchasing an additional 205,503 shares in the last quarter. Conestoga Capital Advisors LLC boosted its stake in Karman by 8.1% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 863,076 shares of the company’s stock worth $27,981,000 after purchasing an additional 64,580 shares during the period. Finally, Amundi boosted its position in Karman by 44.6% during the first quarter. Amundi now owns 512,231 shares of the company’s stock valued at $41,004,000 after purchasing an additional 158,068 shares during the last quarter.
Karman Trading Up 40.4%
The company has a market capitalization of $5.97 billion, a price-to-earnings ratio of 115.54 and a beta of 0.45. The company has a 50-day moving average price of $35.93 and a 200-day moving average price of $62.50. The company has a quick ratio of 3.40, a current ratio of 3.56 and a debt-to-equity ratio of 2.01.
Karman (NYSE:KRMN – Get Free Report) last announced its earnings results on Friday, November 6th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.16 by $0.03. The company had revenue of $201.62 million for the quarter. Karman had a return on equity of 15.54% and a net margin of 6.31%. Karman’s revenue for the quarter was up 65.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 EPS. Research analysts predict that Karman Holdings Inc. will post 0.59 EPS for the current fiscal year.
About Karman
Karman Holdings Corp., doing business as Karman Space & Defense, is an aerospace and defense company that develops and manufactures mission-critical components, assemblies and structures. Its products are used in space-launch vehicles, missiles, hypersonic systems and other defense applications where performance, reliability and precision are essential.
The company’s capabilities include the production of composite and metallic structures, propulsion-related components, precision-machined parts and other highly engineered hardware.
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