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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.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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