The price of KAI is predicted to go up 1.1%, based on the high correlation periods with WFC. The similarity of these two price pattern on the periods is 97.34%.
KAI
WFC
Up: 1.1%Similarity: 97.34%
KAI Revenue Forecast
KAI EPS Forecast
KAI FAQs
What is bull’s view on KAI?
KAI stock is currently trading at $372.90, showing a recovery from oversold conditions with an RSI of 29.5, suggesting potential for upward momentum. Analysts have raised the price target to $410, citing strong EBITDA growth projections and a roadmap for value creation. With its 52-week range of $249.51 to $429.95, the stock appears positioned for a bullish trend if it sustains above key support levels.
What is bear's view on KAI?
KAI stock is currently trading at $372.90, showing a bearish trend as it recently crossed below its 200-day moving average of $377.82. The RSI of 53.41 indicates neutral momentum, but the stock's inability to sustain above key resistance levels suggests further downside risk. With a 52-week low of $249.51, bearish sentiment could push the price closer to support levels if selling pressure persists.
What is KAI revenue forecast for next quarter?
The market consensus for KAI's revenue in the upcoming quarter is projected to be approximately $262.036M USD.
What is KAI eps forecast for next quarter?
The market consensus for KAI's eps in the upcoming quarter is projected to be approximately $2.445 USD.
Barrington analyst Gary Prestopino raised the firm's price target on Kadant to $410 from $360 and keeps an Outperform rating on the shares following the company's investor day meeting last week. After company provided a roadmap for value creation and 2028 goals in terms of revenue, adjusted EPS and adjusted EBITDA targets, the firm notes that its own adjusted EBITDA estimates for 2024 and 2025 are $227M and $246M, respectively.