Kadant Inc. (KAI)
NYSE: KAI · IEX Real-Time Price · USD
283.90
-1.20 (-0.42%)
Apr 18, 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 26.81% from the current stock price of 283.90.
Analyst Consensus: Buy
* Price targets were last updated on Feb 16, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 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 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $300 → $360 | Buy | Maintains | $300 → $360 | +26.81% | Feb 16, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $300 | Buy | Reiterates | $300 | +5.67% | Feb 14, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $243 | Buy | Reiterates | $243 | -14.41% | Jul 28, 2023 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 7, 2023 |
| Barrington Research | Barrington Research | Buy Reiterates $229 | Buy | Reiterates | $229 | -19.34% | Feb 13, 2023 |
Financial Forecast
Revenue This Year
1.07B
from 957.67M
Increased by 12.04%
Revenue Next Year
1.14B
from 1.07B
Increased by 5.78%
EPS This Year
9.91
from 9.90
Increased by 0.08%
EPS Next Year
11.08
from 9.91
Increased by 11.79%
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 | 16.7% | 14.0% |
| Avg | 12.0% | 5.8% |
| Low | 8.5% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 10.47 | 11.92 |
| Avg | 9.91 | 11.08 |
| Low | 9.42 | 10.46 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 5.7% | 20.3% |
| Avg | 0.1% | 11.8% |
| Low | -4.9% | 5.5% |
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.