EPS for Kaman Corporation (KAMN) Expected At $0.62

October 12, 2017 - By Vivian Park

 EPS for Kaman Corporation (KAMN) Expected At $0.62
Investors sentiment decreased to 0.89 in Q2 2017. Its down 0.58, from 1.47 in 2017Q1. It worsened, as 22 investors sold Kaman Corporation shares while 51 reduced holdings. 16 funds opened positions while 49 raised stakes. 25.68 million shares or 3.84% less from 26.70 million shares in 2017Q1 were reported.
Moreover, Riverhead Mgmt Ltd Liability has 0.01% invested in Kaman Corporation (NYSE:KAMN). Brown Advisory holds 14,052 shares or 0% of its portfolio. 25,571 are held by State Of Tennessee Treasury Department. Gamco Invsts Et Al owns 3.61M shares or 1.15% of their US portfolio. State Street accumulated 678,248 shares or 0% of the stock. Invesco Limited holds 348,946 shares or 0.01% of its portfolio. Teachers Retirement Sys Of The State Of Kentucky has 9,400 shares for 0.01% of their portfolio. Zebra Cap Management Ltd Liability Corp holds 0.13% or 8,318 shares. Cubist Systematic Strategies Ltd Company reported 0.02% stake. Advisory Networks Ltd Limited Liability Company accumulated 90 shares or 0% of the stock. Employees Retirement Systems Of Ohio invested 0% in Kaman Corporation (NYSE:KAMN). Texas Permanent School Fund holds 0.01% or 19,850 shares. Aperio Gru Ltd Liability holds 0.01% of its portfolio in Kaman Corporation (NYSE:KAMN) for 21,896 shares. Retail Bank Of Montreal Can accumulated 0% or 1,775 shares. Moreover, Ameriprise Fincl Incorporated has 0% invested in Kaman Corporation (NYSE:KAMN) for 156,519 shares.

Analysts await Kaman Corporation (NYSE:KAMN) to report earnings on October, 26. They expect $0.62 earnings per share, down 3.13 % or $0.02 from last year’s $0.64 per share. KAMN’s profit will be $17.27 million for 22.44 P/E if the $0.62 EPS becomes a reality. After $0.48 actual earnings per share reported by Kaman Corporation for the previous quarter, Wall Street now forecasts 29.17 % EPS growth. The stock increased 0.38% or $0.21 during the last trading session, reaching $55.66. About 104,169 shares traded. Kaman Corporation (NYSE:KAMN) has risen 17.10% since October 13, 2016 and is uptrending. It has outperformed by 0.40% the S&P500.

Kaman Corporation (NYSE:KAMN) Ratings Coverage

Among 6 analysts covering Kaman (NYSE:KAMN), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Kaman had 9 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Tuesday, July 21. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Thursday, January 5. The stock has “Buy” rating by Longbow on Thursday, December 10. The firm earned “Equal Weight” rating on Friday, March 24 by KeyCorp. Gabelli downgraded Kaman Corporation (NYSE:KAMN) on Thursday, March 2 to “Hold” rating. KeyBanc Capital Markets maintained the shares of KAMN in report on Friday, September 15 with “Hold” rating. As per Thursday, March 2, the company rating was downgraded by Longbow. The rating was initiated by CJS Securities with “Market Perform” on Monday, December 12.

Kaman Corporation conducts business in the aerospace and distribution markets. The company has market cap of $1.55 billion. The Firm operates through two divisions: Distribution and Aerospace. It has a 30.02 P/E ratio. The Company’s brands include KAflex, KAron and K-MAX.

More recent Kaman Corporation (NYSE:KAMN) news were published by: Seekingalpha.com which released: “Kaman Corporation’s (KAMN) CEO Neal Keating on Q4 2016 Results – Earnings Call …” on March 01, 2017. Also Nasdaq.com published the news titled: “Kaman Corporation (KAMN) Ex-Dividend Date Scheduled for September 18, 2017” on September 15, 2017. Courant.com‘s news article titled: “Former Kaman Executive Returns To Lead Aerospace Business” with publication date: September 27, 2017 was also an interesting one.

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