Alert: Rating Downgrade (3/6/20)-Kaman Corp (NYSE: KAMN).


Stock Rating Downgrade

The Value Trend Rating for Kaman Corp (NYSE: KAMN) weakened during the last several trading days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.


Recent Price Action

On 3/6/20, Kaman Corp (NYSE: KAMN) stock suffered a large decline of -3.3%, closing at $54.95. Moreover, trading volume in this decline was above average at 133% of normal. The stock has declined -2.3% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

KAMN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Kaman has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Kaman has a slightly negative Appreciation Score of 37 but a slightly positive Power Rating of 69, producing the Neutral Value Trend Rating.

About John Lafferty 101900 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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