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DOW   31,270.09
QQQ   309.16
S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
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NYSE:KAI

Kadant Stock Forecast, Price & News

$175.80
-0.86 (-0.49 %)
(As of 03/3/2021 12:00 AM ET)
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Today's Range
$175.01
Now: $175.80
$178.56
50-Day Range
$142.43
MA: $153.01
$180.69
52-Week Range
$52.71
Now: $175.80
$183.95
Volume33,088 shs
Average Volume43,307 shs
Market Capitalization$2.02 billion
P/E Ratio42.57
Dividend Yield0.54%
Beta1.38
Kadant, Inc. engages in designing and manufacturing products used in industries ranging from paper to plastics and textiles to tires. It operates through the following segments: Papermaking Systems, Wood Processing Systems, and Fiber-based Products Business segments. The Papermaking Systems segment develops, manufactures, and markets equipments and products for the global papermaking, paper recycling, recycling and waste management, and other process industries. The Wood Processing Systems segment includes the development, manufacturing, and marketing of stranders and related equipment used in the harvesting of oriented strand board and lumber. The Fiber-based Products Business segment manufactures and sells biodegradable and absorbent granules from papermaking products. The firm's products include alignment conveyor, tubular filter materials, and angleset indicator. The company was founded in November 1991 and is headquartered in Westford, MA.
Kadant logo

Headlines

Kadant's (KAI) Shares March Higher, Can It Continue?
March 3, 2021 |  finance.yahoo.com
'Fast Money Halftime Report' Picks For February 26
February 26, 2021 |  benzinga.com
Kadant Reports Fourth Quarter and Fiscal Year 2020 Results
February 17, 2021 |  finance.yahoo.com
Estimating The Intrinsic Value Of Kadant Inc. (NYSE:KAI)
January 29, 2021 |  finance.yahoo.com
Is Kadant (KAI) Stock a Buy For 2021?
January 7, 2021 |  finance.yahoo.com
Ex-Dividend Date Insight: Kadant
January 5, 2021 |  benzinga.com
Kadant Named One of 100 Fastest-Growing Companies by Fortune
December 17, 2020 |  finance.yahoo.com
Kadant Awarded $10 Million Order for Fiber Processing Systems
December 14, 2020 |  feeds.benzinga.com
Kadant (KAI) Tops Q3 Earnings and Revenue Estimates
October 27, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Special industry machinery, except metalworking machinery
Sub-IndustryIndustrial Machinery
CUSIP48282T10
Phone(978) 776-2000
Employees2,800
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$704.64 million
Cash Flow$10.04 per share
Book Value$37.89 per share

Profitability

Net Income$52.07 million

Miscellaneous

Market Cap$2.02 billion
Next Earnings Date5/5/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.84 out of 5 stars

Industrial Products Sector

72nd out of 398 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

3rd out of 6 stocks

Analyst Opinion: 1.2Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$175.80
-0.86 (-0.49 %)
(As of 03/3/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Kadant (NYSE:KAI) Frequently Asked Questions

Is Kadant a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kadant in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Kadant stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KAI, but not buy additional shares or sell existing shares.
View analyst ratings for Kadant
or view top-rated stocks.

What stocks does MarketBeat like better than Kadant?

Wall Street analysts have given Kadant a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Kadant wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Kadant's next earnings date?

Kadant is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Kadant
.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) posted its quarterly earnings results on Thursday, February, 18th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.23. Kadant had a trailing twelve-month return on equity of 12.57% and a net margin of 7.35%.
View Kadant's earnings history
.

How has Kadant's stock price been impacted by Coronavirus (COVID-19)?

Kadant's stock was trading at $77.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KAI shares have increased by 127.3% and is now trading at $175.80.
View which stocks have been most impacted by COVID-19
.

How often does Kadant pay dividends? What is the dividend yield for Kadant?

Kadant declared a quarterly dividend on Thursday, November 19th. Shareholders of record on Thursday, January 7th will be given a dividend of $0.24 per share on Thursday, February 4th. This represents a $0.96 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Wednesday, January 6th.
View Kadant's dividend history
.

Is Kadant a good dividend stock?

Kadant pays an annual dividend of $0.96 per share and currently has a dividend yield of 0.54%. Kadant has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Kadant is 17.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kadant will have a dividend payout ratio of 18.22% next year. This indicates that Kadant will be able to sustain or increase its dividend.
View Kadant's dividend history.

What price target have analysts set for KAI?

3 brokerages have issued twelve-month target prices for Kadant's stock. Their forecasts range from $95.00 to $140.00. On average, they anticipate Kadant's share price to reach $117.00 in the next year. This suggests that the stock has a possible downside of 33.4%.
View analysts' price targets for Kadant
or view top-rated stocks among Wall Street analysts.

Who are Kadant's key executives?

Kadant's management team includes the following people:
  • Jeffrey L. Powell, President, Chief Executive Officer & Director
  • Eric Thomas Langevin, Chief Operating Officer & Executive Vice President
  • Michael J. McKenney, Chief Financial Officer & Executive Vice President
  • Bilal Mehmood, Chief Technology Officer & Vice President
  • Deborah S. Selwood, Chief Accounting Officer & Senior Vice President

What is Jonathan W. (Jon) Painter's approval rating as Kadant's CEO?

7 employees have rated Kadant CEO Jonathan W. (Jon) Painter on Glassdoor.com. Jonathan W. (Jon) Painter has an approval rating of 76% among Kadant's employees.

Who are some of Kadant's key competitors?

What other stocks do shareholders of Kadant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kadant investors own include Pfizer (PFE), AbbVie (ABBV), Altria Group (MO), Exxon Mobil (XOM), A. O. Smith (AOS), Eastman Chemical (EMN), Corning (GLW), The Coca-Cola (KO), NVIDIA (NVDA) and ResMed (RMD).

What is Kadant's stock symbol?

Kadant trades on the New York Stock Exchange (NYSE) under the ticker symbol "KAI."

Who are Kadant's major shareholders?

Kadant's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.38%), Royce & Associates LP (4.68%), Dimensional Fund Advisors LP (4.24%), Wells Fargo & Company MN (3.88%), Price T Rowe Associates Inc. MD (3.46%) and Northern Trust Corp (2.10%). Company insiders that own Kadant stock include Eric T Langevin, Jeffrey L Powell, John M Albertine, Jonathan W Painter, Michael J Mckenney, Stacy D Krause, Thomas C Leonard and William P Tully.
View institutional ownership trends for Kadant
.

Which major investors are selling Kadant stock?

KAI stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Handelsinvest Investeringsforvaltning, Wells Fargo & Company MN, Dimensional Fund Advisors LP, Brown Advisory Inc., Epoch Investment Partners Inc., ExodusPoint Capital Management LP, and Phocas Financial Corp.. Company insiders that have sold Kadant company stock in the last year include Eric T Langevin, John M Albertine, Jonathan W Painter, Michael J Mckenney, Stacy D Krause, and Thomas C Leonard.
View insider buying and selling activity for Kadant
or view top insider-selling stocks.

Which major investors are buying Kadant stock?

KAI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Riverbridge Partners LLC, Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., Koshinski Asset Management Inc., Koshinski Asset Management Inc., EMC Capital Management, and Stanley Laman Group Ltd..
View insider buying and selling activity for Kadant
or or view top insider-buying stocks.

How do I buy shares of Kadant?

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

What is Kadant's stock price today?

One share of KAI stock can currently be purchased for approximately $175.80.

How much money does Kadant make?

Kadant has a market capitalization of $2.02 billion and generates $704.64 million in revenue each year. The industrial products company earns $52.07 million in net income (profit) each year or $5.36 on an earnings per share basis.

How many employees does Kadant have?

Kadant employs 2,800 workers across the globe.

What is Kadant's official website?

The official website for Kadant is www.kadant.com.

Where are Kadant's headquarters?

Kadant is headquartered at ONE TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886.

How can I contact Kadant?

Kadant's mailing address is ONE TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. The industrial products company can be reached via phone at (978) 776-2000 or via email at [email protected]


This page was last updated on 3/4/2021 by MarketBeat.com Staff

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