Kadant (NYSE:KAI - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Tuesday, July 29th. Analysts expect the company to announce 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 released its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $2.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.97 by $0.13. The company had revenue of $239.21 million for the quarter, compared to analysts' expectations of $239.41 million. Kadant had a net margin of 10.63% and a return on equity of 13.74%. The business's revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.38 EPS. On average, analysts expect Kadant to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.
Kadant Stock Up 1.6%
Shares of KAI stock traded up $5.27 on Tuesday, reaching $332.03. 93,918 shares of the company were exchanged, compared to its average volume of 117,593. The company has a market cap of $3.91 billion, a price-to-earnings ratio of 32.68 and a beta of 1.25. The company has a 50-day moving average of $320.08 and a 200-day moving average of $336.40. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.47 and a quick ratio of 1.62. Kadant has a one year low of $281.30 and a one year high of $429.95.
Kadant announced that its board has authorized a share buyback program on Thursday, May 15th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 1.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.
Kadant Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 7th. Stockholders of record on Thursday, July 10th will be given a dividend of $0.34 per share. The ex-dividend date is Thursday, July 10th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.41%. Kadant's dividend payout ratio (DPR) is presently 14.44%.
Institutional Investors Weigh In On Kadant
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Kadant by 1.4% in the 1st 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 valued at $10,435,000 after buying an additional 441 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Kadant by 4.7% during the 1st 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 acquiring an additional 311 shares during the period. AQR Capital Management LLC grew its position in shares of Kadant by 11.2% during the 1st quarter. AQR Capital Management LLC now owns 2,763 shares of the industrial products company's stock valued at $931,000 after acquiring an additional 279 shares during the period. Integrated Wealth Concepts LLC grew its position in shares of Kadant by 8.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 907 shares of the industrial products company's stock valued at $306,000 after acquiring an additional 72 shares during the period. Finally, United Services Automobile Association bought a new position in shares of Kadant during the 1st quarter valued at approximately $255,000. Hedge funds and other institutional investors own 96.13% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on KAI. Barrington Research restated an "outperform" rating and issued a $380.00 target price on shares of Kadant in a report on Thursday, May 1st. DA Davidson lowered their target price on shares of Kadant from $300.00 to $275.00 and set a "neutral" rating on the stock in a report on Thursday, May 1st. Finally, Wall Street Zen upgraded shares of Kadant from a "sell" rating to a "hold" rating in a report on Saturday, July 5th.
View Our Latest Report on Kadant
About Kadant
(
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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.
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