Kaman Corporation (KAMN) Trades at $62.57 Forming Bearish Ascending Triangle

April 16, 2018 - By Samuel McNeil

Kaman Corporation (NYSE:KAMN) Corporate Logo

Big Money Sentiment decreased to 1.03 in Q4 2017. It has change of 0.34, from 2017Q3’s 1.37. The ratio worsened due to Kaman Corporation positioning: 10 sold and 55 reduced. 19 funds bought holdings and 48 increased holdings. Investors holded 25.49 million in 2017Q3 but now own 25.22 million shares or 1.05% less.
Us Natl Bank De reported 1,740 shs stake. Ubs Asset Mgmt Americas Incorporated holds 11,234 shs. First Midwest Bank Trust Division stated it has 11,682 shs. Blackrock Inc has invested 0.01% in Kaman Corporation (NYSE:KAMN). 46,409 were accumulated by Martingale Asset Mgmt Limited Partnership. Prudential Financial has 46,150 shs for 0% of their capital. Ls Inv Advsr Llc has invested 0% of its capital in Kaman Corporation (NYSE:KAMN). Tower Research Cap Limited Liability Com (Trc) has 1,297 shs. Jpmorgan Chase holds 455,764 shs or 0.01% of its capital. Td Asset Mgmt Incorporated holds 0% or 18,800 shs. Anchor Advsr Limited Liability Company holds 0.05% of its capital in Kaman Corporation (NYSE:KAMN) for 24,796 shs. Inv Counselors Of Maryland Llc owns 341,787 shs. California-based Parallax Volatility Advisers Lp has invested 0% in Kaman Corporation (NYSE:KAMN). Metropolitan Life Insur Company holds 0.01% or 8,858 shs. Hutchin Hill Cap L P owns 9,200 shs or 0.15% of their US capital.

Kaman Corporation had 1 sale and 0 insider buys since March 5, 2018. This’s net activity of $602,513.

An ascending triangle was showed by Kaman Corporation (KAMN). It has $58.19 target or $62.57 share price. The chart formed reviews high risk. At $58.19 stock target, the company valuation changes by $121.73 million less.

The stock increased 0.85% or $0.53 during the last trading session, reaching $62.57.Currently Kaman Corporation is uptrending after 29.19% change in last April 16, 2017. KAMN has 27,240 shares volume. KAMN outperformed the S&P 500 by 17.64%.

Analysts await Kaman Corporation (NYSE:KAMN) to report earnings on May, 2. They expect $0.48 EPS, up 118.18 % or $0.26 from last year’s $0.22 per share. KAMN’s profit will be $13.34M for 32.59 P/E if the $0.48 EPS becomes a reality. After $0.86 actual EPS reported by Kaman Corporation for the previous quarter, Wall Street now forecasts -44.19 % negative EPS growth.

Kaman Corporation (NYSE:KAMN) Ratings Coverage

In total 2 analysts cover Kaman (NYSE:KAMN). “Buy” rating has 0, “Sell” are 0, while 2 are “Hold”. 0 are bullish. 2 are the (NYSE:KAMN)’s analyst reports since October 26, 2017 according to StockzIntelligence Inc. On Thursday, March 15 Northcoast downgraded Kaman Corporation (NYSE:KAMN) to “Hold” rating. On Thursday, October 26 the firm has “Hold” rating given by KeyBanc Capital Markets.

Kaman Corporation (NYSE:KAMN) Institutional Investors Chart

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