Date of Data Capture: 25/03/2021
Name: KATHMANDU HOLDINGS LIMITED (KMD)
Classification: Specialty Retailer
Current Price: $1.24
Market Capitalisation: $879 M
Forecast EBITDA Growth: 19.41%
Yield Estimate: 1.26%
Consensus Price Target: $1.57
# Covering Analysts: 3
Discount at Current Price: -26.61%
Price Target Trend (3-Month): Up-Flat +1.19%
Signal Timeframe: Quarterly-Monthly-Daily
Trend Bias: Up-Down / Long-Medium
Focus: Capital Growth
Set up Notes:
• Outdoor equipment retailer KMD could be about to see a price hike after surviving a medium-term consolidation above important support and looks ready to track higher on strong forecasts.
• 2020 saw a predicable drop in sales, margin and earnings, though a strong recovery is expected to begin this year and continue to 2023, with strong sales and margins returning profitability.
• Pricing shows a potential new uptrend emerging here after breaking minor linear resistance this week, set to test overhead resistance layered between $1.30 and $1.50 - with pre-Covid highs remaining 100% higher than current pricing.
Support ($): 1.20, 1.10, 1.00 & 0.90.
Resistance ($): 1.30, 1.40, 1.50, 2.00 & 2.50.