Conestoga Capital Advisors LLC purchased a new position in Karman Holdings Inc. (NYSE:KRMN - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 534,897 shares of the company's stock, valued at approximately $39,138,000. Conestoga Capital Advisors LLC owned about 0.40% of Karman as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of KRMN. Millennium Management LLC bought a new position in shares of Karman in the 1st quarter worth about $10,199,000. Goldman Sachs Group Inc. acquired a new stake in shares of Karman in the 1st quarter worth about $17,371,000. Jane Street Group LLC acquired a new stake in shares of Karman in the 1st quarter worth about $532,000. Rhumbline Advisers acquired a new stake in shares of Karman in the 2nd quarter worth about $1,316,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Karman in the 2nd quarter worth about $554,000.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on KRMN. Evercore increased their price objective on shares of Karman from $110.00 to $125.00 and gave the stock an "outperform" rating in a report on Thursday, January 22nd. Piper Sandler raised shares of Karman from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $110.00 to $127.00 in a report on Friday, March 6th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $130.00 price objective on shares of Karman in a report on Thursday, January 22nd. Royal Bank Of Canada increased their price objective on shares of Karman from $85.00 to $125.00 and gave the stock an "outperform" rating in a report on Thursday, January 22nd. Finally, Truist Financial set a $118.00 price objective on shares of Karman in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Karman currently has a consensus rating of "Moderate Buy" and an average price target of $117.10.
Check Out Our Latest Analysis on Karman
Karman Stock Up 3.3%
Karman stock opened at $68.13 on Friday. The stock has a market cap of $9.03 billion, a price-to-earnings ratio of 524.09 and a beta of 2.58. The company has a current ratio of 3.29, a quick ratio of 3.17 and a debt-to-equity ratio of 1.50. The company's 50-day moving average price is $88.66 and its two-hundred day moving average price is $84.15. Karman Holdings Inc. has a 52 week low of $35.75 and a 52 week high of $118.38.
Karman (NYSE:KRMN - Get Free Report) last released its earnings results on Wednesday, March 25th. The company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The firm had revenue of $134.49 million for the quarter. Karman had a net margin of 3.68% and a return on equity of 13.15%. Karman's revenue for the quarter was up 47.5% on a year-over-year basis. On average, analysts expect that Karman Holdings Inc. will post 0.62 EPS for the current fiscal year.
About Karman
(
Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Karman, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Karman wasn't on the list.
While Karman currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
