Despite Kadant's dismal earnings outlook and slower market g...
Despite Kadant's dismal earnings outlook and slower market growth, its high P/E ratio suggests investors seek a business turnaround. However, analysts appear less optimistic, indicating the high P/E ratio may be unjustified and stock prices could fall if conditions don't significantly improve.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000173800db780459.jpg)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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