Kaman Corporation (KAMN) Receives Coverage Optimism Rating of 0.14
News articles about Kaman Corporation (NYSE:KAMN) have been trending somewhat positive on Monday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Kaman Corporation earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.8525355972588 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- Financial Analysis: Kaman Corporation (KAMN) versus Comfort Systems USA (FIX) (americanbankingnews.com)
- Kaman Corporation (NYSE:KAMN) Experiences Lighter than Usual Trading Volume (highlightpress.com)
- BidaskClub Lowers Kaman Corporation (KAMN) to Strong Sell (americanbankingnews.com)
- Kaman Corporation (NYSE:KAMN) Experiences Heavier than Usual Trading Volume (highlightpress.com)
- Kaman’s (KAMN) CEO Neal Keating on Q2 2017 Results – Earnings Call Transcript (seekingalpha.com)
Kaman Corporation (NYSE KAMN) opened at 50.96 on Monday. The firm has a 50-day moving average price of $50.51 and a 200-day moving average price of $49.51. Kaman Corporation has a 12 month low of $40.85 and a 12 month high of $53.41. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 27.43 and a beta of 0.69.
Kaman Corporation (NYSE:KAMN) last posted its earnings results on Monday, July 31st. The industrial products company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by $0.01. The company had revenue of $449 million for the quarter, compared to the consensus estimate of $469.24 million. Kaman Corporation had a return on equity of 9.24% and a net margin of 2.95%. The business’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.64 EPS. On average, equities analysts anticipate that Kaman Corporation will post $2.48 earnings per share for the current fiscal year.
A number of research firms recently commented on KAMN. BidaskClub lowered Kaman Corporation from a “sell” rating to a “strong sell” rating in a research report on Saturday. Northcoast Research began coverage on Kaman Corporation in a research report on Tuesday, July 25th. They set a “buy” rating and a $60.00 price target on the stock. Finally, Zacks Investment Research upgraded Kaman Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $54.75.
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About Kaman Corporation
Kaman Corporation conducts business in the aerospace and distribution markets. The Company operates through two segments: Distribution and Aerospace. The Company’s brands include KAflex, KAron and K-MAX. Distribution segment is a power transmission, motion control, and fluid power industrial distributor with operations throughout the United States.
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