What is William Blair's Forecast for Karman FY2025 Earnings?

Key Points

• William Blair has reduced its FY2025 earnings per share estimate for Karman Holdings Inc. from $0.42 to **$0.33**, with projections for FY2026 and FY2027 expected to be **$0.51** and **$0.65** respectively.
• Karman's share price recently traded down to **$50.21**, with the company experiencing a 35.3% revenue increase compared to the same quarter last year despite missing EPS consensus estimates.
• Insider trading activity includes CFO Michael Willis selling 100,000 shares and a major stakeholder, Spaceco Spv Lp Tcfiii, selling over 23 million shares, reducing their holdings significantly.

Karman Holdings Inc. (NYSE:KRMN - Free Report) - Investment analysts at William Blair cut their FY2025 earnings estimates for shares of Karman in a report issued on Wednesday, August 13th. William Blair analyst L. Dipalma now expects that the company will post earnings per share of $0.33 for the year, down from their prior forecast of $0.42. William Blair also issued estimates for Karman's FY2026 earnings at $0.51 EPS and FY2027 earnings at $0.65 EPS.

KRMN has been the subject of a number of other research reports. Robert W. Baird upped 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. Royal Bank Of Canada boosted their target price on shares of Karman from $55.00 to $57.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Finally, Citigroup restated a "buy" rating and set a $58.00 price target (up previously from $46.50) on shares of Karman in a report on Monday, June 9th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Karman currently has a consensus rating of "Buy" and a consensus target price of $50.75.

Karman Stock Up 2.6%

Shares of KRMN traded up $1.32 during midday trading on Friday, reaching $51.92. The company had a trading volume of 995,890 shares, compared to its average volume of 2,361,973. Karman has a 1-year low of $25.02 and a 1-year high of $57.31. The business has a 50 day simple moving average of $48.98. The company has a quick ratio of 2.58, a current ratio of 2.75 and a debt-to-equity ratio of 1.30.

Karman (NYSE:KRMN - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). The business's quarterly revenue was up 35.3% compared to the same quarter last year.

Insider Activity at Karman

In other Karman news, insider Stephanie Sawhill sold 62,000 shares of Karman stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $49.00, for a total transaction of $3,038,000.00. Following the completion of the sale, the insider directly owned 566,939 shares in the company, valued at $27,780,011. This trade represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jonathan Beaudoin sold 80,000 shares of the company's stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $49.00, for a total transaction of $3,920,000.00. Following the completion of the transaction, the chief operating officer owned 740,861 shares in the company, valued at approximately $36,302,189. This represents a 9.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,865,968 shares of company stock worth $1,169,432,432.

Institutional Investors Weigh In On Karman

A number of institutional investors have recently modified their holdings of the company. Global Trust Asset Management LLC acquired a new position in Karman during the 2nd quarter worth about $50,000. Penserra Capital Management LLC purchased a new position in shares of Karman in the second quarter valued at approximately $95,000. Amalgamated Bank acquired a new position in shares of Karman in the second quarter valued at approximately $100,000. SBI Securities Co. Ltd. purchased a new stake in Karman during the 1st quarter worth approximately $107,000. Finally, US Bancorp DE acquired a new stake in Karman during the 1st quarter worth approximately $124,000.

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.