Home Sectors Industrials Latest Technicals: Kaman Corporation (NYSE: KAMN)

Latest Technicals: Kaman Corporation (NYSE: KAMN)

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Kaman Corporation is in the industrials sector and is part of the aerospace and defense industry. The company CEO is Neal J. Keating. Kaman Corp is engaged in the distribution of power transmission, motion control, electrical and automation, and fluid power industrial distributor with operations throughout the United States.

Previous Intraday Trading Performance:

The KAMN stock showed a previous change of 0.58% with an open at 59.32 and a close of 59.49. It reached an intraday high of 59.72 and a low of 58.84.

SeekingAlpha:  Kaman declares $0.20 dividend

Liquidity:

The stock has a market cap of $1.7b with 27.9m shares outstanding, of which the float is 26.8m shares. Trading volume reached 93,057 shares compared to its average volume of 92,782 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Kaman Corporation shares returned 1.59% and in the past 30 trading days it returned -1.99%. Over three months, it changed 1.03%. In one year it has changed -16.01% and within that year its 52-week high was 73.25 and its 52-week low was 51.34. KAMN stock is 15.87% above its 52 Week Low.

Our calculations show a 200 day moving average of 59.81 and a 50 day moving average of 59.70. Currently KAMN stock is trading -0.53% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Business Wire:  Kaman Board of Directors Declares Dividend

Earnings:

The last annual fiscal EPS for the company was reported at 1.92 that ended on 31st of December 2018, which according to the previous close, that is a PE of 30.98. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.37. The TTM EPS is 2.88, which comes to a TTM PE of 20.66. Historically, the PE high was 42.70 and the PE low was 16.80. If the stock reached its PE low, that would represent a price of 48.38, which is a decrease of -18.68%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): 0.50
4thQtr of 2018 (Reported on 02/25/2019): 0.84
3rdQtr of 2018 (Reported on 11/01/2018): 0.05
2ndQtr of 2018 (Reported on 08/08/2018): 0.53
1stQtr of 2018 (Reported on 05/07/2018): 0.50

The dividend per share is currently 0.80, which is a dividend yield of 1.34%. Also, the payout ratio is 27.78%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 43.65, which means it may be overvalued by -36.29%.

Indicators to Watch:

Short-interest was 1,011,618, which was 3.62% of shares outstanding. The short-interest ratio or days-to-cover ratio was 9.06. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.71.

Business Wire:  Kaman Board of Directors Declares Dividend

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.84%, return on assets is 3.75%, profit margin is 2.93%, price-to-sales is 0.88 and price-to-book is 2.57.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 1  :Past Performance Score
 5  :Financial Strength Score
 3  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.