When the market shifts, opportunities can emerge in unexpected places. Kewaunee Scientific (NASDAQ: KEQU) appears to be in a precarious position heading into October, especially with a strong sell consensus from analysts. The stock has been trading around a 50-day moving average of approximately $49.90, but it also grapples with a 52-week low of $16.50. With operating income at $18.3M and an income tax expense recorded as a loss of 5.9M, the financials raise concerns about profitability. Short interest has also increased, with 15.4K shares currently shorted. Despite a naive forecast suggesting a value of $40.38, analysts are projecting a more conservative target price of $28. The volatility, indicated by a beta of 0.748, combined with recent negative momentum, may keep investors on the sidelines this October. While some millennials may overlook the healthcare equipment and supplies sector, Kewaunee Scientific deserves a closer look. Recently, the company has started to decline as private investors grow more cautious amid rising sector volatility. The returns from investing in Kewaunee Scientific seem disconnected from broader market trends over the past few months. Additionally, uncertain key indicators suggest potential mid-term losses for private investors in Kewaunee. With the company set to announce its earnings tomorrow, it’s a critical moment for those considering an investment. Keep an eye on this stock, as the upcoming report could significantly impact its trajectory.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Kewaunee Scientific. In general, sophisticated investors focus on analyzing Kewaunee Scientific stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Kewaunee Scientific's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Kewaunee Scientific's intrinsic value. In addition to deriving basic predictive indicators for Kewaunee Scientific, many experienced traders also check how macroeconomic factors affect Kewaunee Scientific price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
How does Kewaunee Stands against Peers?
Analyzing Kewaunee Scientific competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Kewaunee Scientific across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Kewaunee Scientific Competition DetailsKewaunee Scientific Gross Profit
Kewaunee Scientific Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Kewaunee Scientific previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Kewaunee Scientific Gross Profit growth over the last 10 years. Please check Kewaunee Scientific's
gross profit and other
fundamental indicators for more details.
Closer look at Kewaunee Scientific Variance
Kewaunee Scientific has current Variance of 19.8. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Variance | = | SUM(RET DEV)2N |
| = | 19.8 |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Let's now compare Kewaunee Scientific Variance to its closest peers:
| KEQU | 19.797861631755257 |
| HBB | 21.94 |
| MHK | 11.15 |
| WHR | 9.49 |
| IRBT | 37.51 |
"Buy low, sell high" is a mantra that resonates well in the world of investing, and Kewaunee Scientific (NASDAQ: KEQU) may be presenting such an opportunity as we head into October. Currently trading around 41.56, the stock is significantly below its 52-week high of 55.62, suggesting potential for a rally. With a solid current ratio of 1.98X and cash flow from operations at 19.56 million, the company appears to have a healthy liquidity position. Additionally, the low short percent of 0.007 indicates that there is minimal bearish sentiment among investors, which could further support upward price movement. As the market looks for value, KEQU's attractive PE ratio of 6.66 and a target price of 28 suggest that there may be room for growth in the coming weeks..
Will Kewaunee Scientific continue to go mental?
Kewaunee Scientific's stock currently has a Newest Information Ratio of 0.04, indicating some potential for gains but also significant risk. Recent price swings raise concerns that the stock might dip again, leaving investors questioning whether the turbulence is just beginning. As the market keeps a close eye, the big question is: will Kewaunee continue to deliver surprises, or are we in for a rough ride? The stock shows above-average volatility, which can help investors gauge risk during both rising and falling markets. Increased volatility, especially in bear markets, can negatively affect Kewaunee's stock price, causing stress for investors as they watch their investments decline.
This often leads to a need for portfolio adjustments as prices drop.Investing in Kewaunee Scientific may not be the best choice right now, given the current market sentiment and analyst recommendations. With a consensus rating of "Strong Sell," it's clear that many experts believe the stock is overvalued, especially considering its Valuation Market Value of
42.5 compared to a more realistic Valuation Real Value of
32.39. The potential downside price of
36.31 suggests that investors could face significant losses if they hold on. While there is a possible upside to
44.46, the risks appear to outweigh the rewards at this time. Investors should carefully weigh these factors before making any decisions..
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Aina Ster is a Member of Macroaxis Editorial Board. Aina delivers weekly perspective on ongoing market and economic trends, analysis and tips from predictive analysis to forecasting across various financial instruments.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Aina Ster do not own shares of Kewaunee Scientific. Please refer to our
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