Kadant Inc. is a supplier of equipment used in process industries. The process industries, including papermaking, paper recycling and oriented strand board (OSB), an engineered wood panel product used primarily in home construction. In addition, the Company manufactures granules made from papermaking byproducts. It operates in two segments: Papermaking Systems and Wood Processing Systems, and a separate product line, Fiber-based Products. Through its Papermaking Systems segment, it develops, manufactures and markets a range of equipment and products for the papermaking, paper recycling and other process industries. Through its Wood Processing Systems segment, it designs, manufactures and markets stranders and related equipment. Through its Fiber-based Products business, the Company produces biodegradable, absorbent granules from papermaking byproducts for use as carriers for agricultural, home lawn and garden, and professional lawn, turf and ornamental applications.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Diversified Machinery
- Sub-Industry: Industrial Machinery
- Exchange: NYSE
- Symbol: KAI
- CUSIP: 48282T10
- Previous Close: $62.10
- 50 Day Moving Average: $61.67
- 200 Day Moving Average: $57.42
- 52-Week Range: $10,914,000.00 - $37.57
- Trailing P/E Ratio: 21.56
- Foreward P/E Ratio: 16.34
- P/E Growth: 2.23
- Market Cap: $677.76M
- Outstanding Shares: 10,914,000
- Beta: 1.3
- Net Margins: 8.24%
- Return on Equity: 13.36%
- Return on Assets: 8.11%
Companies Related to Kadant:
- Debt-to-Equity Ratio: 0.22%
- Current Ratio: 2.25%
- Quick Ratio: 1.61%
What is Kadant's stock symbol?
Kadant trades on the New York Stock Exchange (NYSE) under the ticker symbol "KAI."
How often does Kadant pay dividends? What is the dividend yield for Kadant?
Kadant declared a quarterly dividend on Thursday, November 17th. Shareholders of record on Thursday, January 12th will be given a dividend of $0.19 per share on Thursday, February 9th. This represents a $0.76 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Tuesday, January 10th.
Where is Kadant's stock going? Where will Kadant's stock price be in 2017?
3 brokers have issued 12-month price targets for Kadant's shares. Their forecasts range from $49.00 to $75.00. On average, they expect Kadant's share price to reach $60.67 in the next year.
When will Kadant announce their earnings?
Kadant is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
Who owns Kadant stock?
Kadant's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.46%), Royce & Associates LP (5.78%), Brown Advisory Inc. (5.24%), JPMorgan Chase & Co (4.20%), Handelsbanken Fonder AB (2.75%) and William Blair Investment Management LLC (2.58%). Company insiders that own Kadant stock include Eric T Langevin, Jeffrey L Powell, John M Albertine, Jonathan W Painter, Sandra L Lambert, Thomas C Leonard, Thomas M Obrien and William P Tully.
Who sold Kadant stock? Who is selling Kadant stock?
Kadant's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Brown Advisory Inc., Loomis Sayles & Co. L P, William Blair Investment Management LLC, Numeric Investors LLC, Renaissance Technologies LLC, Two Sigma Investments LP and Allianz Asset Management AG. Company insiders that have sold Kadant stock in the last year include Eric T Langevin, Jeffrey L Powell, Jonathan W Painter, Sandra L Lambert, Thomas C Leonard and William P Tully.
Who bought Kadant stock? Who is buying Kadant stock?
Kadant's stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, AQR Capital Management LLC, Handelsbanken Fonder AB, Menta Capital LLC, Summit Global Investments, Trexquant Investment LP, Wexford Capital LP and Dynamic Technology Lab Private Ltd.
How do I buy Kadant stock?
Shares of Kadant can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Kadant stock cost?
One share of Kadant stock can currently be purchased for approximately $62.10.