Karman (NYSE:KRMN) Announces Earnings Results, Beats Estimates By $0.03 EPS

Karman (NYSE:KRMN) issued its earnings results on Friday. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.16 by $0.03, FiscalAI reports. The firm had revenue of $201.62 million during the quarter. Karman had a net margin of 7.54% and a return on equity of 18.10%. The firm’s revenue for the quarter was up 65.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 EPS.

Karman Stock Up 40.4%

Shares of KRMN stock opened at $45.06 on Friday. The company has a current ratio of 3.56, a quick ratio of 3.40 and a debt-to-equity ratio of 2.01. Karman has a 1 year low of $29.34 and a 1 year high of $118.38. The firm’s fifty day moving average price is $35.93 and its two-hundred day moving average price is $62.50. The firm has a market capitalization of $5.97 billion, a P/E ratio of 115.54 and a beta of 0.45.

Insider Buying and Selling

In other Karman news, Director David Stinnett acquired 27,000 shares of Karman stock in a transaction dated Wednesday, September 16th. The stock was bought at an average cost of $37.32 per share, for a total transaction of $1,007,640.00. Following the purchase, the director directly owned 3,530,395 shares in the company, valued at approximately $131,754,341.40. This represents a 0.77% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 5.77% of the stock is owned by company insiders.

Institutional Trading of Karman

A number of hedge funds and other institutional investors have recently modified their holdings of KRMN. First Trust Advisors LP boosted its position in Karman by 3.3% during the first quarter. First Trust Advisors LP now owns 2,891,687 shares of the company’s stock valued at $231,480,000 after purchasing an additional 93,565 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of Karman by 87.4% during the 3rd quarter. William Blair Investment Management LLC now owns 1,832,222 shares of the company’s stock worth $59,401,000 after purchasing an additional 854,760 shares during the last quarter. Congress Asset Management Co. increased its position in shares of Karman by 23.8% during the 3rd quarter. Congress Asset Management Co. now owns 1,068,811 shares of the company’s stock worth $34,651,000 after purchasing an additional 205,503 shares during the last quarter. Conestoga Capital Advisors LLC raised its stake in shares of Karman by 8.1% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 863,076 shares of the company’s stock worth $27,981,000 after purchasing an additional 64,580 shares in the last quarter. Finally, Amundi raised its stake in shares of Karman by 44.6% during the 1st quarter. Amundi now owns 512,231 shares of the company’s stock worth $41,004,000 after purchasing an additional 158,068 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently commented on KRMN. Barclays assumed coverage on shares of Karman in a research report on Friday, October 9th. They issued an “overweight” rating and a $79.00 price objective for the company. KeyCorp reduced their target price on Karman from $100.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, November 2nd. Guggenheim began coverage on Karman in a report on Monday, September 14th. They set a “buy” rating and a $63.00 target price on the stock. Citigroup boosted their target price on Karman from $76.00 to $78.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Needham & Company LLC lowered their price target on Karman from $80.00 to $50.00 and set a “buy” rating for the company in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Key Stories Impacting Karman

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Third-quarter adjusted EPS was $0.19, topping the $0.16 consensus estimate and doubling the year-ago $0.10. Revenue reached $201.62 million, up 65.6% year over year. Karman Q3 earnings and revenue beat estimates
• Positive Sentiment: Karman raised FY 2026 revenue guidance to $755 million–$760 million, above the $742.2 million analyst consensus. Its reported backlog of $1.7 billion adds support for the growth outlook. Karman’s revenue outlook and backlog
• Positive Sentiment: Piper Sandler reaffirmed its Overweight rating and raised its price target to $60 from $59. Piper Sandler rating update
• Negative Sentiment: Needham lowered its price target to $50 from $80, although it kept a Buy rating. The cut tempers the otherwise favorable analyst response to the results. Needham price-target update

Karman Company Profile

Karman Holdings Corp., doing business as Karman Space & Defense, is an aerospace and defense company that develops and manufactures mission-critical components, assemblies and structures. Its products are used in space-launch vehicles, missiles, hypersonic systems and other defense applications where performance, reliability and precision are essential.

The company’s capabilities include the production of composite and metallic structures, propulsion-related components, precision-machined parts and other highly engineered hardware.