Yahoo Finance Why Kaman Corporation (NYSE:KAMN) Could Be Your Next Investment
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Kaman Corporation (NYSE:KAMN) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of KAMN, it is a well-regarded dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Kaman here.
Excellent balance sheet average dividend payer
KAMN's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. KAMN's has produced operating cash levels of 0.54x total debt over the past year, which implies that KAMN's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
KAMN is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Kaman, I've put together three relevant factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for KAMN’s future growth? Take a look at our free research report of analyst consensus for KAMN’s outlook.
Historical Performance: What has KAMN's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of KAMN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
