Kadant (KAI) Projected to Post Earnings on Tuesday

Kadant (NYSE:KAI - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 29th. Analysts expect Kadant to post earnings of $1.94 per share and revenue of $245.99 million for the quarter. Kadant has set its FY 2025 guidance at 9.050-9.250 EPS and its Q2 2025 guidance at 1.900-2.000 EPS.

Kadant (NYSE:KAI - Get Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.13. The firm had revenue of $239.21 million for the quarter, compared to analyst estimates of $239.41 million. Kadant had a return on equity of 13.74% and a net margin of 10.63%. The company's revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.38 earnings per share. On average, analysts expect Kadant to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Kadant Trading Down 0.2%

KAI stock traded down $0.79 during midday trading on Friday, hitting $338.58. 14,470 shares of the company's stock were exchanged, compared to its average volume of 147,420. The stock's fifty day moving average price is $320.96 and its 200-day moving average price is $336.14. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.62 and a current ratio of 2.47. The company has a market cap of $3.99 billion, a PE ratio of 35.94 and a beta of 1.25. Kadant has a one year low of $281.30 and a one year high of $429.95.

Kadant Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders of record on Thursday, July 10th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Thursday, July 10th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.40%. Kadant's dividend payout ratio (DPR) is 14.44%.

Kadant announced that its Board of Directors has approved a share repurchase plan on Thursday, May 15th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the industrial products company to repurchase up to 1.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Kadant

A number of institutional investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Kadant by 1.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 30,974 shares of the industrial products company's stock worth $10,435,000 after buying an additional 441 shares during the last quarter. United Services Automobile Association acquired a new position in shares of Kadant in the first quarter valued at approximately $255,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Kadant by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,985 shares of the industrial products company's stock valued at $2,353,000 after purchasing an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Kadant by 8.6% in the first quarter. Integrated Wealth Concepts LLC now owns 907 shares of the industrial products company's stock valued at $306,000 after purchasing an additional 72 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Kadant by 11.2% in the first quarter. AQR Capital Management LLC now owns 2,763 shares of the industrial products company's stock valued at $931,000 after purchasing an additional 279 shares during the last quarter. Institutional investors and hedge funds own 96.13% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on KAI. DA Davidson lowered their target price on Kadant from $300.00 to $275.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Barrington Research reaffirmed an "outperform" rating and issued a $380.00 target price on shares of Kadant in a research report on Thursday, May 1st. Finally, Wall Street Zen raised Kadant from a "sell" rating to a "hold" rating in a research report on Saturday, July 5th.

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.