Kaman (KAMN) Getting Somewhat Positive News Coverage, Analysis Shows

News coverage about Kaman (NYSE:KAMN) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kaman earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 47.296688313705 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of KAMN stock traded down $0.75 during mid-day trading on Tuesday, hitting $61.38. 181,271 shares of the stock were exchanged, compared to its average volume of 159,076. Kaman has a 52 week low of $45.50 and a 52 week high of $63.89. The firm has a market cap of $1,679.74, a PE ratio of 35.10 and a beta of 0.81. The company has a current ratio of 3.04, a quick ratio of 1.54 and a debt-to-equity ratio of 0.62.

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Kaman (NYSE:KAMN) last announced its quarterly earnings data on Tuesday, February 27th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.10). Kaman had a net margin of 2.76% and a return on equity of 10.43%. The business had revenue of $473.90 million during the quarter, compared to analyst estimates of $493.10 million. During the same quarter in the prior year, the company posted $0.56 EPS. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. research analysts forecast that Kaman will post 3.1 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 5th. Investors of record on Tuesday, March 20th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend is Monday, March 19th. Kaman’s dividend payout ratio (DPR) is currently 45.20%.

KAMN has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Kaman from a “sell” rating to a “hold” rating in a research note on Saturday, December 30th. Northcoast Research cut shares of Kaman from a “buy” rating to a “neutral” rating and set a $65.00 price objective for the company. in a research note on Thursday, March 15th.

In related news, Director Thomas W. Rabaut sold 10,000 shares of the stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $60.25, for a total transaction of $602,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.38% of the company’s stock.

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Kaman 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.

Insider Buying and Selling by Quarter for Kaman (NYSE:KAMN)

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