Media stories about Kaman Corporation (NYSE:KAMN) have trended somewhat positive on Friday, Alpha One reports. The research group, a service of Accern, scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kaman Corporation earned a coverage optimism score of 0.03 on Alpha One’s scale. Alpha One also assigned news headlines about the industrial products company an impact score of 60 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have effected Alpha One Sentiment Analysis’s scoring:
- Kaman Extends Production of Commercial K-MAX® (helihub.com)
- Gennett becomes first Reds player with four-home run game (ekosvoice.com)
- Kaman Corporation (KAMN) Shares Bought by State of Alaska Department of Revenue (badhub.net)
- American Outdoor Brands Corporation (AOBC) vs. Kaman Corporation (KAMN) Head-To-Head Survey (americanbankingnews.com)
- Kaman : Extends Production of Commercial K-MAX® Helicopter (4-traders.com)
A number of research firms have issued reports on KAMN. Zacks Investment Research lowered Kaman Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, May 9th. BidaskClub raised Kaman Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. Gabelli lowered Kaman Corporation from a “buy” rating to a “hold” rating in a report on Thursday, March 2nd. Longbow Research lowered Kaman Corporation from a “buy” rating to a “neutral” rating in a report on Thursday, March 2nd. Finally, KeyCorp reissued an “equal weight” rating on shares of Kaman Corporation in a report on Thursday, March 23rd. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $53.00.
Shares of Kaman Corporation (KAMN) traded down 0.06% during mid-day trading on Friday, hitting $50.74. The stock had a trading volume of 299,881 shares. Kaman Corporation has a 52 week low of $40.47 and a 52 week high of $53.41. The stock has a market capitalization of $1.38 billion, a P/E ratio of 25.87 and a beta of 0.71. The stock has a 50 day moving average of $49.07 and a 200-day moving average of $49.38.
Kaman Corporation (NYSE:KAMN) last released its earnings results on Wednesday, May 3rd. The industrial products company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.04. Kaman Corporation had a return on equity of 10.18% and a net margin of 3.09%. The business had revenue of $435.94 million for the quarter, compared to the consensus estimate of $427.90 million. On average, equities research analysts predict that Kaman Corporation will post $2.43 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Shareholders of record on Tuesday, June 20th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Friday, June 16th. Kaman Corporation’s payout ratio is presently 40.82%.
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Kaman Corporation Company Profile
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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