Karman Holdings Inc (NYSE:KRMN) does about 937.53K shares in volume on a normal day but saw 3475943 shares change hands in the recent trading day. The company now has a market cap of 6.11B USD. Its current market price is $937530.0, marking an increase of 3475943% compared to the previous close of $46.0. The 52 week high reached by this stock is $49.81 whilst the lowest price level in 52 weeks is $25.02. The script in recent trading has seen the stock touch a high of $50 and a low of $35.
The consensus objective for the share price is $49.25, suggesting that the stock has a potential downside of -1903514.21% over the period. The median price target is -2205852.94% away from the current levels at $42.5.
RBC Capital Mkts initiated its price target at $35.
The current price level is 2.49%, 14.69%, and 25.89% away from its SMA20, SMA50, and SMA200 respectively, with the KRMN price moving above the 50-day SMA on current market day. Karman Holdings Inc (KRMN) stock is down -2.59% over the week and 5.43% over the past month. Its price is 53.88% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.11 and 0.42 for whole year. Expected sales for next quarter are $110.9M, which analysts say will come at $433.69M for the current fiscal year and next year at $522.06M. In addition, estimates put the company’s current quarterly revenue at an average of $105.8M.
Its 12-month price target is $42.5. To reach the target analysts have set, the stock logically needs to shrink -1903514.21 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $35, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $50.
The forward price to earnings ratio is 76.48. Price to book ratio is 17.52.
