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Kewaunee Scientific (KEQU) AI Stock Analysis

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KEQU

Kewaunee Scientific

(NASDAQ:KEQU)

Select Model
Rating:71Outperform
Price Target:$40.00▲(11.30% Upside)
Action:upgraded
Date:11/13/26

Improved profitability, balance-sheet strength, and reasonable valuation are the primary strengths. These are offset by slowing TTM growth, margin and cash-flow pressure, mixed technical momentum, and execution risk from the proposed acquisition.

Positive Factors
Sustained gross-margin improvementGross margin has remained near 28–29% after the earlier turnaround, indicating that improved pricing, product mix, or cost control has persisted rather than being confined to one period. This provides a stronger base for earnings and supports reinvestment in the integrated laboratory-solutions platform.
Negative Factors
Slowing demand and margin compressionNegative trailing revenue growth combined with net margin compression indicates that the earlier earnings improvement has cooled. Softer project activity or timing can reduce operating leverage, while a thinner profit buffer leaves less room to absorb execution challenges and makes sustainable earnings growth more difficult.

Kewaunee Scientific Key Performance Indicators (KPIs)

Revenue by GeographyBreaks down revenue across different regions, revealing where Kewaunee Scientific is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.

$0.00$20.00M$40.00M$60.00M$80.00MJul 21Oct 21Jan 22Apr 22Jul 22Oct 22Jan 23Apr 23Jul 23Oct 23Jan 24Apr 24Jul 24Oct 24Jan 25Apr 25Jul 25Oct 25Jan 26Apr 26Jul 26
Chart Insights

Kewaunee’s growth is increasingly domestic-led: U.S. revenue stepped up materially in early 2025 and has remained near those elevated levels, while international revenue continues to fluctuate without reclaiming its 2023 peak. This improves near-term scale and visibility but also increases geographic concentration, making future performance more dependent on sustained U.S. laboratory, healthcare, and education demand. International operations remain a potential upside lever if the recent recovery develops into a durable trend.

Data provided by:The Fly

Kewaunee Scientific (KEQU) vs. SPDR S&P 500 ETF (SPY)

-20%-15%-10%-5%0%5%10%15%20%KEQU-9.06%SPY+13.89%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
$104.06M
Dividend Yield
―
Average Volume (3M)
4,065
Price to Earnings (P/E)
12.3
Beta (1Y)
1.25
Revenue Growth
5.33%
EPS Growth
-33.32%
Country
US
Employees
1,231
Sector
Consumer Cyclical
Sector Strength
61
Industry
Furnishings, Fixtures & Appliances

Kewaunee Scientific Business Overview & Revenue Model

Company Description

Kewaunee Scientific Corporation, established in 1906 and based in Statesville, North Carolina, specializes in providing custom furniture and infrastructure systems for scientific, medical, and technical settings. The company manages its operations th...

How the Company Makes Money

Kewaunee primarily makes money by selling and installing laboratory infrastructure products and related project services. Its core revenue stream is the manufacture and sale of lab casework (e.g., benches, cabinets, and modular systems), fume hoods,...

Kewaunee Scientific Financial Statement Overview

Summary

The company has achieved a clear turnaround to consistent profitability, improved leverage, increased equity, and positive cash generation. Recent TTM revenue, margins, free cash flow, and cash-flow growth have weakened, limiting the score.

Income Statement

73Positive

Balance Sheet

82Very Positive

Cash Flow

69Positive
Financial statement breakdown
BreakdownTTMApr 2026Apr 2025Apr 2024Apr 2023Apr 2022
Income Statement
Total Revenue277.21M282.00M240.47M203.75M219.49M168.87M
Gross Profit79.15M80.44M68.86M52.05M35.59M24.22M
EBITDA22.10M23.88M22.76M18.04M8.16M916.00K
Net Income8.23M9.62M11.40M18.75M1.36M-6.00M
Balance Sheet
Total Assets175.80M178.31M194.65M134.77M118.90M118.77M
Cash, Cash Equivalents and Short-Term Investments8.25M11.62M14.94M23.27M8.08M4.43M
Total Debt55.47M30.18M50.16M11.00M12.92M67.56M
Total Liabilities98.58M101.50M128.41M78.56M80.41M82.59M
Stockholders Equity75.00M74.72M64.46M54.76M37.41M35.69M
Cash Flow
Free Cash Flow10.88M14.70M12.62M15.19M-7.94M-9.79M
Operating Cash Flow14.82M18.63M14.78M19.56M-3.79M-7.88M
Investing Cash Flow-3.94M-3.94M-30.90M-4.37M-4.15M-1.91M
Financing Cash Flow-20.36M-19.33M7.41M-3.01M14.93M11.03M

Kewaunee Scientific Technical Analysis

Technical Analysis SentimentPositive
Last Price35.94

Price Trends

50DMA33.99Positive
100DMA35.28Positive
200DMA36.59Negative

Market Momentum

MACD0.17Negative
RSI64.38Neutral
STOCH34.83Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KEQU, the sentiment is Positive. The current price of 35.94 is above the 20-day moving average (MA) of 33.46, above the 50-day MA of 33.99, and below the 200-day MA of 36.59, indicating a neutral trend. The MACD of 0.17 indicates Negative momentum. The RSI at 64.38 is Neutral, neither overbought nor oversold. The STOCH value of 34.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KEQU.

Kewaunee Scientific Risk Analysis

Kewaunee Scientific disclosed 28 risk factors in its most recent earnings report. Kewaunee Scientific reported the most risks in the "Finance & Corporate" category.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

3 New Risks
1.We have recorded goodwill and other intangible assets in connection with the Nu Aire business acquisition. Goodwill and other acquired intangible assets could become impaired and adversely affect our future operating results.Q1, 2025
2.We may not be able to realize the benefits anticipated as a result of the Nu Aire acquisition.Q1, 2025
3.We have recently acquired Nu Aire, which was not subject to rules and regulations promulgated under the Sarbanes-Oxley Act of 2002, as amended ("Sarbanes-Oxley"), and may therefore lack the internal controls that would be required of a U.S. public company, which could ultimately affect our ability to ensure compliance with the requirements of Section 404 of Sarbanes-Oxley.Q1, 2025

Kewaunee Scientific Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

KEQU against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KEQUKEQU71Outperform$96.72M12.2911.34%―5.33%-33.32%
FLXSFLXS70Outperform$311.73M11.2519.83%1.20%3.40%48.89%
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
HOFTHOFT59Neutral$153.22M-8.64-10.59%3.16%-28.13%-38.44%
BSETBSET54Neutral$189.38M27.514.12%3.73%1.40%-11.99%
ETDETD54Neutral$462.75M14.366.90%27.16%-7.44%-33.97%
VIRCVIRC54Neutral$101.05M-41.08-2.32%1.57%-18.97%-118.61%

* Consumer Cyclical Sector Average

Performance Comparison

0%50%100%150%KEQUBSETETDFLXSHOFTVIRCDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
KEQU and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KEQUKewaunee Scientific35.94-4.48-11.08%
BSETBassett Furniture Industries, Incorporated21.597.3851.95%
ETDEthan Allen Interiors17.71-0.83-4.50%
FLXSFlexsteel Industries, Inc.75.1340.02114.02%
HOFTHooker Furniture14.564.5745.77%
VIRCVirco Manufacturing6.36-0.47-6.87%

Kewaunee Scientific Corporate Events

M&A TransactionsPrivate Placements and Financing

Kewaunee Scientific Agrees to Acquire Nycom Laboratory Dealer

Positive
Nov 2, 2026

On November 2, 2026, Kewaunee agreed to acquire all outstanding equity interests of Nycom, described as the largest U.S. laboratory dealer, for a $55 million base price subject to EBITDA and customary adjustments. The agreement allocated $30 million...

Business Operations and StrategyExecutive/Board ChangesShareholder Meetings

Kewaunee Scientific Shareholders Endorse Board and Governance

Positive
Aug 27, 2026

On August 26, 2026, Kewaunee Scientific Corporation held its Annual Meeting of Shareholders, where investors re-elected Class I directors Thomas D. Hull III, David S. Rhind, and John D. Russell to three-year terms, signaling continuity in the company...

Business Operations and StrategyFinancial DisclosuresShareholder Meetings

Kewaunee Scientific Highlights Strong Fiscal 2026 Growth Strategy

Positive
Aug 26, 2026

Kewaunee Scientific has posted an investor presentation and script for its August 26, 2026 virtual annual shareholder meeting, detailing multi-year growth, segment performance and the strategic integration of its Lab Products Group platform. The comp...

Business Operations and StrategyFinancial Disclosures

Kewaunee Scientific to Release Q1 FY2027 Results

Neutral
Aug 25, 2026

On August 25, 2026, Kewaunee Scientific Corporation announced it would release its first quarter fiscal year 2027 financial results on September 9, 2026, after the close of trading.The planned disclosure underscores the company’s ongoing communicatio...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 13, 2026