Kadant (KAI) Stock Forecast & Price Target

$259.53

-4.58 (-1.73%)

(As of 11/28/2023 ET)

Today's Range: $257.92
▼
$263.76
50-Day Range: $214.51
▼
$264.92
52-Week Range: $171.02
▼
$266.34

Volume: 52,027 shs
Average Volume: 62,817 shs
Market Capitalization: $3.04 billion

P/E Ratio: 26.48
Dividend Yield: 0.45%
Price Target: $224.00

Kadant Consensus Analyst Rating and Stock Price Forecast (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

$224.00
-13.69% Downside

High Forecast	$243.00
Average Forecast	$224.00
Low Forecast	$205.00

Type	Current Forecast 11/29/22 to 11/29/23	1 Month Ago 10/30/22 to 10/30/23	3 Months Ago 8/31/22 to 8/31/23	1 Year Ago 11/29/21 to 11/29/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$224.00	$224.00	$224.00	$229.00
Predicted Upside	-13.69% Downside	3.72% Upside	3.72% Upside	35.74% Upside

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KAI Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KAI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kadant Stock vs. The Competition

Type	Kadant	Industrial Products Companies	S&P 500
Consensus Rating Score	2.67	2.58	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	-13.69% Downside	166.88% Upside	2,838.32% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/28/2023	Barrington Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$243.00	+11.39%
7/7/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. De. Maria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
5/8/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Liptak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
2/17/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$182.00 ➝ $205.00	-3.12%

(Data available from 11/29/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

KAI Price Target - Frequently Asked Questions

What is Kadant's consensus rating and price target?: According to the issued ratings of 3 analysts in the last year, the consensus rating for Kadant stock is Moderate Buy based on the current 1 hold rating and 2 buy ratings for KAI. The average twelve-month price prediction for Kadant is $224.00 with a high price target of $243.00 and a low price target of $205.00. Learn more on KAI's analyst rating history.
Do Wall Street analysts like Kadant more than its competitors?: Analysts like Kadant more than other Industrial Products companies. The consensus rating score for Kadant is 2.67 while the average consensus rating score for industrial products companies is 2.58. Learn more on how KAI compares to other companies.
Does Kadant's stock price have much upside?: According to analysts, Kadant's stock has a predicted upside of 3.72% based on their 12-month stock forecasts.

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This page (NYSE:KAI) was last updated on 11/29/2023 by MarketBeat.com Staff

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