Zacks Investment Research downgraded Kaman Corporation (NYSE:KAMN) to Hold in a statement released earlier today.
- Updated: October 3, 2016
Zacks Investment Research has downgraded Kaman Corporation (NYSE:KAMN) to Hold in a statement released on Tuesday October 04, 2016.
On 9/28/2016, Zacks Investment Research released a statement for Kaman Corporation (NYSE:KAMN) bumped up the target price from $0.00 to $49.00 that suggested an upside of 0.11%.
Boasting a price of $43.78, Kaman Corporation (NYSE:KAMN) traded 0.07% higher on the day. With the last stock price close up 2.46% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Kaman Corporation has recorded a 50-day average of $44.36 and a two hundred day average of $42.89. Volume of trade was up over the average, with 131,132 shares of KAMN changing hands over the typical 110,014
With a total market value of $0, Kaman Corporation has price-earnings ratio of 23.39 with a one year low of $36.63 and a one year high of $45.62 .
Brief Synopsis About Kaman Corporation (NYSE:KAMN)
Kaman Corporation conducts business in the aerospace and distribution markets. The Company operates through two segments: Distribution and Aerospace. Its Distribution segment is a power transmission, motion control, electrical and automation, and fluid power industrial distributor. It provides products, including bearings, mechanical and electrical power transmission, fluid power, motion control, automation, material handling components, electrical control and power distribution, and maintenance, repair and overhaul (MRO) supplies to a spectrum of industrial markets. Its Aerospace segment produces and markets aircraft bearings and components; super precision, miniature ball bearings; safe and arming solutions; subcontract helicopter work; restoration, modification and support of its SH-2G Super Seasprite maritime helicopters; manufacture and support of its K-MAX manned and unmanned medium-to-heavy lift helicopters, and engineering design, analysis and certification services.
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