Karman Holdings Inc. (NYSE:KRMN) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Karman Holdings Inc. (NYSE:KRMN) have received a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $103.3333.

Several analysts recently issued reports on KRMN shares. BWS Financial restated a “sell” rating and issued a $37.00 price objective on shares of Karman in a report on Thursday, January 22nd. Truist Financial set a $118.00 price target on shares of Karman in a research report on Friday, January 9th. KeyCorp upped their price objective on shares of Karman from $80.00 to $122.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Piper Sandler started coverage on shares of Karman in a research report on Wednesday, January 21st. They set a “neutral” rating and a $98.00 price objective for the company. Finally, Royal Bank Of Canada boosted their target price on Karman from $85.00 to $125.00 and gave the company an “outperform” rating in a research report on Thursday, January 22nd.

Karman Price Performance

NYSE:KRMN opened at $81.31 on Tuesday. Karman has a 52 week low of $25.02 and a 52 week high of $118.38. The stock’s fifty day moving average is $91.08 and its two-hundred day moving average is $75.11. The company has a market capitalization of $10.76 billion and a P/E ratio of 325.24. The company has a quick ratio of 2.69, a current ratio of 2.86 and a debt-to-equity ratio of 1.27.

Hedge Funds Weigh In On Karman

Several hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC grew its position in Karman by 83.7% in the 4th quarter. GAMMA Investing LLC now owns 373 shares of the company’s stock valued at $27,000 after acquiring an additional 170 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Karman by 889.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 386 shares of the company’s stock valued at $28,000 after purchasing an additional 347 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in shares of Karman in the third quarter valued at approximately $29,000. Huntington National Bank purchased a new stake in Karman during the 4th quarter worth approximately $32,000. Finally, Kestra Advisory Services LLC acquired a new stake in Karman during the 4th quarter worth approximately $32,000.

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. We estimate that no single program accounted for more than 10% of sales for the nine months ended September 30, 2024 or the twelve months ended December 31, 2023, with revenue from over 100 active programs supporting current production and next-generation space, missile, hypersonic, and defense applications.