Karman Holdings Inc. (NYSE:KRMN – Free Report) – Stock analysts at William Blair raised their FY2026 earnings estimates for shares of Karman in a report issued on Friday, June 6th. William Blair analyst L. Dipalma now anticipates that the company will post earnings of $0.61 per share for the year, up from their previous forecast of $0.60. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Karman’s FY2027 earnings at $0.72 EPS.
A number of other research analysts have also recently issued reports on KRMN. Baird R W upgraded shares of Karman to a “strong-buy” rating in a report on Monday, March 10th. Robert W. Baird lifted their price objective on shares of Karman from $40.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, May 14th. Evercore ISI started coverage on shares of Karman in a report on Monday, March 10th. They set an “outperform” rating and a $38.00 price objective on the stock. Citigroup lifted their price objective on shares of Karman from $46.50 to $58.00 and gave the stock a “buy” rating in a report on Monday. Finally, Royal Bank of Canada lifted their price objective on shares of Karman from $38.00 to $44.00 and gave the stock an “outperform” rating in a report on Wednesday, May 14th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $47.50.
Karman Stock Down 5.2%
Shares of NYSE KRMN opened at $44.26 on Monday. The firm’s 50-day simple moving average is $38.12. Karman has a 1 year low of $25.02 and a 1 year high of $47.55.
Karman (NYSE:KRMN – Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. The business had revenue of $100.12 million during the quarter, compared to analyst estimates of $95.40 million. Karman’s quarterly revenue was up 20.6% on a year-over-year basis.
Institutional Trading of Karman
Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. bought a new stake in Karman in the first quarter worth about $61,024,000. Price T Rowe Associates Inc. MD bought a new stake in Karman in the first quarter worth about $58,799,000. Invesco Ltd. bought a new stake in Karman in the first quarter worth about $50,220,000. T. Rowe Price Investment Management Inc. bought a new stake in Karman in the first quarter worth about $48,691,000. Finally, Alliancebernstein L.P. bought a new stake in Karman in the first quarter worth about $37,182,000.
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.
Recommended Stories
- Five stocks we like better than Karman
- How is Compound Interest Calculated?
- AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway
- What Does a Stock Split Mean?
- Casey’s Surges on Strong Q4, More Gains Likely Ahead
- There Are Different Types of Stock To Invest In
- Government Mandate Sends eVTOL Stocks Flying
Receive News & Ratings for Karman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Karman and related companies with MarketBeat.com's FREE daily email newsletter.