Kadant (KAI) Stock Price, News & Analysis

Company Overview

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. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, engineered knife systems, industrial automation and control, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and baling products; and manufactures and sells biodegradable absorbent granules for carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company markets and sells its products, services, and systems through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.

Key Stats

• Today's Range: $292.08 to $302.07
• 50-Day Range: $286.03 to $381.27
• 52-Week Range: $249.51 to $429.95
• Volume: 162,176 shs
• Average Volume: 109,169 shs
• Market Capitalization: $3.47 billion
• P/E Ratio: 31.09
• Dividend Yield: 0.46%
• Price Target: $327.50
• Consensus Rating: Moderate Buy

Kadant Stock Analysis - MarketRank™

Kadant scored higher than 52% of companies evaluated by MarketBeat, and ranked 127th out of 179 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Kadant has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Kadant has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 14.24%

Earnings Growth

Earnings for Kadant are expected to grow by 14.24% in the coming year, from $9.97 to $11.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kadant is 31.09, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kadant is 31.09, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 21.00.

Price to Book Value per Share Ratio

Kadant has a P/B Ratio of 4.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.99% of the float of Kadant has been sold short.

Short Interest Ratio / Days to Cover

Kadant has a short interest ratio ("days to cover") of 9.2.

Change versus previous month

Short interest in Kadant has recently increased by 3.18%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Kadant has a dividend yield of 0.44%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Kadant has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of Kadant is 14.35%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kadant will have a dividend payout ratio of 11.94% next year. This indicates that Kadant will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

13.99% of the float of Kadant has been sold short.

Short Interest Ratio / Days to Cover

Kadant has a short interest ratio ("days to cover") of 9.2.

Change versus previous month

Short interest in Kadant has recently increased by 3.18%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.79

News Sentiment

Kadant has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Kadant this week, compared to 6 articles on an average week.

Search Interest

2 people have searched for KAI on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Kadant to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kadant insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Kadant is held by insiders.

Percentage Held by Institutions

96.13% of the stock of Kadant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KAI Stock Analysis - Frequently Asked Questions

How have KAI shares performed this year?

Kadant's stock was trading at $344.99 on January 1st, 2025. Since then, KAI stock has decreased by 14.6% and is now trading at $294.76.
View the best growth stocks for 2025 here.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) posted its quarterly earnings data on Tuesday, April, 29th. The industrial products company reported $2.10 EPS for the quarter, topping the consensus estimate of $1.97 by $0.13. The company's revenue for the quarter was down 3.9% on a year-over-year basis.
Read the conference call transcript.

Does Kadant have any subsidiaries?

The following companies are subsidiaries of Kadant: The Clouth Group of Companies, Balemaster, Cogent Industrial Technologies Ltd., Syntron Material Handling Group LLC, Unaflex LLC, RT Holding GmbH, Carmanah Design and Manufacturing Inc., and others.

Who are Kadant's major shareholders?

Kadant's top institutional shareholders include Chevy Chase Trust Holdings LLC (3.76%), Riverbridge Partners LLC (2.10%), Conestoga Capital Advisors LLC (1.88%) and Brown Advisory Inc. (1.58%). Insiders that own company stock include Michael J Mckenney, Jonathan W Painter, John M Albertine, Thomas C Leonard, Erin L Russell, Peter J Flynn, William P Tully, Michael C Colwell, Fredrik H Westerhout, Rebecca Martinez O'mara, Thomas Andrew Blanchard, Dara F Mitchell and Stacy D Krause.
View institutional ownership trends.

How do I buy shares of Kadant?

Shares of KAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Kadant own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kadant investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

• Record date for 2/6 Dividend: 1/10/2025
• Ex-Dividend for 2/6 Dividend: 1/10/2025
• Dividend Payable: 2/06/2025
• Record date for 5/7 Dividend: 4/09/2025
• Ex-Dividend for 5/7 Dividend: 4/09/2025
• Last Earnings: 4/29/2025
• Today: 5/01/2025
• Dividend Payable: 5/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Special industry machinery, except metalworking machinery
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:KAI
• CIK: 886346
• Web: www.kadant.com
• Phone: (978) 776-2000
• Fax: 978-635-1593
• Employees: 3,100
• Year Founded: 1991

Price Target and Rating

• Average Stock Price Target: $340.00
• High Stock Price Target: $380.00
• Low Stock Price Target: $300.00
• Potential Upside/Downside: +15.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $9.48
• Trailing P/E Ratio: 31.02
• Forward P/E Ratio: 29.60
• P/E Growth: N/A
• Net Income: $111.60 million
• Net Margins: 10.59%
• Pretax Margin: 15.31%
• Return on Equity: 14.66%
• Return on Assets: 8.33%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 2.29
• Quick Ratio: 1.46

Sales & Book Value

• Annual Sales: $1.05 billion
• Price / Sales: 3.30
• Cash Flow: $9.82 per share
• Price / Cash Flow: 30.04
• Book Value: $66.31 per share
• Price / Book: 4.45

Miscellaneous

• Outstanding Shares: 11,776,000
• Free Float: 11,581,000
• Market Cap: $3.48 billion
• Optionable: Optionable
• Beta: 1.24