Brokers Issue Forecasts for Kadant's Q2 Earnings (NYSE:KAI)

Kadant Inc. (NYSE:KAI - Free Report) - Analysts at DA Davidson issued their Q2 2025 EPS estimates for shares of Kadant in a research note issued to investors on Thursday, May 1st. DA Davidson analyst K. Yinger anticipates that the industrial products company will earn $1.93 per share for the quarter. DA Davidson has a "Neutral" rating and a $275.00 price objective on the stock. The consensus estimate for Kadant's current full-year earnings is $9.97 per share. DA Davidson also issued estimates for Kadant's FY2025 earnings at $9.07 EPS and FY2026 earnings at $9.65 EPS.

Separately, Barrington Research restated an "outperform" rating and set a $380.00 price objective on shares of Kadant in a research report on Thursday.

Kadant Price Performance

KAI opened at $300.16 on Monday. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.37. The company's 50-day moving average price is $331.99 and its 200 day moving average price is $356.89. Kadant has a fifty-two week low of $266.23 and a fifty-two week high of $429.95. The firm has a market cap of $3.53 billion, a price-to-earnings ratio of 31.66 and a beta of 1.30.

Kadant (NYSE:KAI - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.13. The firm had revenue of $239.21 million during the quarter, compared to analyst estimates of $239.41 million. Kadant had a return on equity of 14.66% and a net margin of 10.59%. Kadant's quarterly revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.38 earnings per share.

Institutional Trading of Kadant

Several hedge funds have recently added to or reduced their stakes in the business. Hilltop National Bank acquired a new stake in Kadant in the fourth quarter worth about $26,000. Opal Wealth Advisors LLC acquired a new position in shares of Kadant during the first quarter valued at approximately $30,000. Jones Financial Companies Lllp lifted its position in Kadant by 267.9% in the fourth quarter. Jones Financial Companies Lllp now owns 103 shares of the industrial products company's stock worth $36,000 after purchasing an additional 75 shares during the period. Optimum Investment Advisors boosted its stake in Kadant by 50.0% during the 1st quarter. Optimum Investment Advisors now owns 150 shares of the industrial products company's stock valued at $51,000 after purchasing an additional 50 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in Kadant by 348.1% during the 1st quarter. GAMMA Investing LLC now owns 242 shares of the industrial products company's stock valued at $82,000 after purchasing an additional 188 shares in the last quarter. Institutional investors own 96.13% of the company's stock.

Kadant Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Investors of record on Wednesday, April 9th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.45%. This is a positive change from Kadant's previous quarterly dividend of $0.32. The ex-dividend date is Wednesday, April 9th. Kadant's dividend payout ratio is 14.44%.

Kadant Company Profile

Kadant Inc supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.