NEW YORK ( TheStreet) -- Kaman Corporation (Nasdaq: KAMN) hit a new 52-week high Monday as it is currently trading at $37.51, above its previous 52-week high of $37.41 with 88,504 shares traded as of 11:21 a.m. ET. Average volume has been 147,500 shares over the past 30 days.

Kaman has a market cap of $921.1 million and is part of the industrial goods sector and aerospace/defense industry. Shares are up 23.9% year to date as of the previous trading day's close.

Kaman Corporation operates in the industrial distribution and aerospace markets. The company's Industrial Distribution segment distributes products, including bearings, mechanical and electrical power transmission, fluid power, motion control, and materials handling components. The company has a P/E ratio of 18.4, below the average aerospace/defense industry P/E ratio of 24 and above the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates Kaman as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Kaman Ratings Report.

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