Kadant Inc. (KAI)
NYSE: KAI · IEX Real-Time Price · USD
270.01
-3.21 (-1.17%)
May 28, 2024, 4:00 PM EDT - Market closed
Kadant Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Kadant stock has a target of 360, which predicts an increase of 33.33% from the current stock price of 270.01.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Kadant stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $360 | Buy | Maintains | $360 | +33.33% | May 1, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $360 | Buy | Maintains | $360 | +33.33% | Apr 29, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $300 → $360 | Buy | Maintains | $300 → $360 | +33.33% | Feb 16, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $300 | Buy | Reiterates | $300 | +11.11% | Feb 14, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $243 | Buy | Reiterates | $243 | -10.00% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
1.07B
from 957.67M
Increased by 11.42%
Revenue Next Year
1.11B
from 1.07B
Increased by 4.31%
EPS This Year
10.11
from 9.90
Increased by 2.09%
EPS Next Year
10.94
from 10.11
Increased by 8.28%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1B | 1.2B |
| Avg | 1.1B | 1.1B |
| Low | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 16.4% | 8.8% |
| Avg | 11.4% | 4.3% |
| Low | 7.9% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 10.59 | 11.45 |
| Avg | 10.11 | 10.94 |
| Low | 9.66 | 10.56 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 7.0% | 13.2% |
| Avg | 2.1% | 8.3% |
| Low | -2.4% | 4.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.