The stock of Kaman Corp. (KAMN) has seen a 0.26% increase in the past week, with a 0.31% gain in the past month, and a 105.04% flourish in the past quarter. The volatility ratio for the week is 0.12%, and the volatility levels for the past 30 days are at 0.14% for KAMN. The simple moving average for the past 20 days is 0.34% for KAMN’s stock, with a 58.40% simple moving average for the past 200 days.
Is It Worth Investing in Kaman Corp. (NYSE: KAMN) Right Now?
The price-to-earnings ratio for Kaman Corp. (NYSE: KAMN) is 150.00x, which is above its average ratio. Moreover, the 36-month beta value for KAMN is 1.17. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for KAMN is 27.93M and currently, short sellers hold a 1.80% of that float. On April 19, 2024, KAMN’s average trading volume was 393.91K shares.
KAMN) stock’s latest price update
Kaman Corp. (NYSE: KAMN)’s stock price has surge by 0.26relation to previous closing price of 45.87. Nevertheless, the company has seen a 0.26% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-02-23 that With stocks up 200%, you face a dilemma. While you don’t want to fight momentum, you also don’t want to buy into excessive exuberance and jump into a stock at its top, forced to hold until break-even or sell for a loss down the road.
Analysts’ Opinion of KAMN
JP Morgan, on the other hand, stated in their research note that they expect to see KAMN reach a price target of $37, previously predicting the price at $45. The rating they have provided for KAMN stocks is “Underweight” according to the report published on October 31st, 2022.
KAMN Trading at 0.68% from the 50-Day Moving Average
After a stumble in the market that brought KAMN to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.11% of gains for the given period.
Volatility was left at 0.14%, however, over the last 30 days, the volatility rate increased by 0.12%, as shares surge +0.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.52% upper at present.
During the last 5 trading sessions, KAMN rose by +0.26%, which changed the moving average for the period of 200-days by +87.87% in comparison to the 20-day moving average, which settled at $45.85. In addition, Kaman Corp. saw 92.03% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for KAMN
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.35 for the gross margin
The net margin for Kaman Corp. stands at 0.01. The total capital return value is set at 0.05. Equity return is now at value 1.26, with 0.58 for asset returns.
Based on Kaman Corp. (KAMN), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 1.33.
Currently, EBITDA for the company is 104.64 million with net debt to EBITDA at 5.03. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 4.06for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
To wrap up, the performance of Kaman Corp. (KAMN) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
