Industrials
Adapting to raw materials inflation, supply chain constraints and Covid disruptions - Bob Costigan explains why these global headwinds are, in fact, a net gain for KAI and why the company will continue to surpass street estimates. Improving fundamentals should lead to significant returns for shareholders over the next one to three years through a combination of earnings growth and price multiple expansions. Bob estimates adjusted EPS of $9.25 in 2022, $11.00 in 2023 and $12.65 in 2024. 1-Yr TP $250 (30% upside) and 3-Yr TP $350 (80% upside).
Edition: 140
- 22 July, 2022