Kadant (NYSE:KAI) Earns "Outperform" Rating from Barrington Research

Kadant (NYSE:KAI - Get Free Report)'s stock had its "outperform" rating reissued by equities researchers at Barrington Research in a research note issued to investors on Thursday,Benzinga reports. They presently have a $380.00 target price on the industrial products company's stock. Barrington Research's target price suggests a potential upside of 31.39% from the stock's current price. Barrington Research also issued estimates for Kadant's Q4 2025 earnings at $2.59 EPS and Q4 2026 earnings at $2.77 EPS.

Kadant Stock Down 1.4 %

KAI traded down $3.99 during trading hours on Thursday, hitting $289.22. 39,057 shares of the company's stock were exchanged, compared to its average volume of 107,810. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 30.43 and a beta of 1.30. Kadant has a 1-year low of $266.23 and a 1-year high of $429.95. The stock's 50-day moving average is $330.24 and its two-hundred day moving average is $356.65. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.37.

Kadant (NYSE:KAI - Get Free Report) last released its earnings results 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 business had revenue of $239.21 million during the quarter, compared to analysts' expectations of $239.41 million. Kadant had a net margin of 10.59% and a return on equity of 14.66%. The firm's revenue was down 3.9% on a year-over-year basis. During the same period last year, the business earned $2.38 earnings per share. Sell-side analysts predict that Kadant will post 9.97 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kadant

Several institutional investors and hedge funds have recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Kadant during the fourth quarter worth $193,595,000. Vanguard Group Inc. raised its position in shares of Kadant by 25.0% during the fourth quarter. Vanguard Group Inc. now owns 1,218,273 shares of the industrial products company's stock worth $420,292,000 after acquiring an additional 243,267 shares during the last quarter. Norges Bank bought a new stake in Kadant in the fourth quarter valued at approximately $46,529,000. Raymond James Financial Inc. acquired a new stake in Kadant during the 4th quarter valued at approximately $39,400,000. Finally, Conestoga Capital Advisors LLC acquired a new position in shares of Kadant in the 4th quarter worth approximately $38,560,000. Institutional investors own 96.13% of the company's stock.

About Kadant

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.