Kadant Inc. (KAI)
NYSE: KAI · IEX Real-Time Price · USD
202.34
+10.64 (5.55%)
Jun 2, 2023, 4:00 PM EDT - Market closed
Kadant Stock Forecast
Stock Price Forecast
According to 2 stock analysts, the average 12-month stock price forecast for Kadant stock is $234, which predicts an increase of 15.65%. The lowest target is 229 and the highest is 239. On average, analysts rate Kadant stock as a buy.
Analyst Consensus: Buy
* Price targets were last updated on Feb 13, 2023.
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 '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 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 | 1 | 1 | 2 | 2 | 2 | 2 |
Financial Forecast
Revenue This Year
927.67M
from 904.74M
Increased by
2.53%
Revenue Next Year
965.54M
from 927.67M
Increased by
4.08%
EPS This Year
9.31
from 10.35
Decreased by
-10.07%
EPS Next Year
10.02
from 9.31
Increased by
7.67%
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 633.79M | 704.64M | 635.03M | 786.58M | 904.74M | 927.67M | 965.54M |
| Revenue Growth | 23.06% | 11.18% | -9.88% | 23.87% | 15.02% | 2.53% | 4.08% |
| EPS | 5.30 | 4.54 | 4.77 | 7.21 | 10.35 | 9.31 | 10.02 |
| EPS Growth | 92.73% | -14.34% | 5.07% | 51.15% | 43.55% | -10.07% | 7.67% |
| No. Analysts | - | - | - | - | - | 6 | 6 |
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 972.6M | 1.0B |
| Avg | 927.7M | 965.5M |
| Low | 891.3M | 918.0M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | 7.5%
| 10.2%
|
| Avg | 2.5%
| 4.1%
|
| Low | -1.5%
| -1.0%
|
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | 10.61 | 11.81 |
| Avg | 9.31 | 10.02 |
| Low | 8.74 | 9.07 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | 2.5%
| 26.9%
|
| Avg | -10.1%
| 7.7%
|
| Low | -15.5%
| -2.5%
|
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.