S&P 500   4,594.63
DOW   36,245.50
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Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)

Kadant Stock Price, News & Analysis (NYSE:KAI)

$262.32
+1.70 (+0.65%)
(As of 12/1/2023 ET)
Compare
Today's Range
$257.85
$263.73
50-Day Range
$214.51
$264.92
52-Week Range
$171.02
$266.34
Volume
96,154 shs
Average Volume
77,502 shs
Market Capitalization
$3.07 billion
P/E Ratio
26.77
Dividend Yield
0.44%
Price Target
$224.00

Kadant MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
14.6% Downside
$224.00 Price Target
Short Interest
Bearish
7.27% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.20 M Sold Last Quarter
Proj. Earnings Growth
3.18%
From $9.75 to $10.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.59 out of 5 stars

Industrial Products Sector

155th out of 171 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

4th out of 4 stocks


KAI stock logo

About Kadant Stock (NYSE:KAI)

Kadant Inc. supplies technologies and engineered systems worldwide. It operates through 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, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, 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 balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. 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.

KAI Stock Price History

KAI Stock News Headlines

Kadant Inc KAI
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Kadant Inc. (NYSE:KAI) Q3 2023 Earnings Call Transcript
Q3 2023 Kadant Inc Earnings Call
Kadant Inc: Kadant Reports Third Quarter 2023 Results
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Kadant Reports Third Quarter 2023 Results
Local coffee company adds kiosk in Waikiki
Vice President of Kadant Makes $432K Sale
Kadant Director Sold $274K In Company Stock
Kadant declares $0.29 dividend
Kadant Reports Second Quarter 2023 Results
Q2 2023 Kadant Inc Earnings Call
Preview: Kadant's Earnings
KAI - Kadant Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 11/9 Dividend
10/11/2023
Last Earnings
10/31/2023
Dividend Payable
11/09/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/21/2024

Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
Industrial Machinery
CUSIP
48282T10
Employees
3,100
Year Founded
1991

Price Target and Rating

Average Stock Price Target
$224.00
High Stock Price Target
$243.00
Low Stock Price Target
$205.00
Potential Upside/Downside
-14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$120.93 million
Pretax Margin
16.62%

Debt

Sales & Book Value

Annual Sales
$904.74 million
Cash Flow
$12.32 per share
Book Value
$62.69 per share

Miscellaneous

Free Float
11,543,000
Market Cap
$3.07 billion
Optionable
Optionable
Beta
1.23

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KAI Stock Analysis - Frequently Asked Questions

Should I buy or sell Kadant stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kadant in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" KAI shares.
View KAI analyst ratings
or view top-rated stocks.

What is Kadant's stock price target for 2024?

3 brokers have issued 12 month price targets for Kadant's stock. Their KAI share price targets range from $205.00 to $243.00. On average, they anticipate the company's share price to reach $224.00 in the next year. This suggests that the stock has a possible downside of 14.6%.
View analysts price targets for KAI
or view top-rated stocks among Wall Street analysts.

How have KAI shares performed in 2023?

Kadant's stock was trading at $177.63 at the beginning of 2023. Since then, KAI shares have increased by 47.7% and is now trading at $262.32.
View the best growth stocks for 2023 here
.

When is Kadant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our KAI earnings forecast
.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) released its quarterly earnings data on Tuesday, October, 31st. The industrial products company reported $2.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.24 by $0.45. The industrial products company earned $244.18 million during the quarter, compared to analysts' expectations of $231.80 million. Kadant had a net margin of 12.06% and a trailing twelve-month return on equity of 16.76%.

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

Kadant announced a quarterly dividend on Thursday, November 16th. Investors of record on Thursday, January 4th will be given a dividend of $0.29 per share on Thursday, February 1st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date is Wednesday, January 3rd.
Read our dividend analysis for KAI
.

Is Kadant a good dividend stock?

Kadant (NYSE:KAI) pays an annual dividend of $1.16 per share and currently has a dividend yield of 0.44%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 11.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KAI will have a dividend payout ratio of 11.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KAI.

What guidance has Kadant issued on next quarter's earnings?

Kadant issued an update on its fourth quarter earnings guidance on Tuesday, October, 31st. The company provided earnings per share (EPS) guidance of $2.02-2.12 for the period, compared to the consensus earnings per share estimate of $2.10. The company issued revenue guidance of $222-230 million, compared to the consensus revenue estimate of $230.90 million.

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

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

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), Coca-Cola (KO), NVIDIA (NVDA) and ResMed (RMD).

Who are Kadant's major shareholders?

Kadant's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Chevy Chase Trust Holdings LLC (4.82%), Kayne Anderson Rudnick Investment Management LLC (4.20%), Allspring Global Investments Holdings LLC (3.11%), Ameriprise Financial Inc. (1.95%), Riverbridge Partners LLC (1.93%) and Handelsbanken Fonder AB (1.63%). Insiders that own company stock include Dara F Mitchell, Eric T Langevin, Erin L Russell, Fredrik H Westerhout, Jeffrey L Powell, John M Albertine, Jonathan W Painter, Michael C Colwell, Michael J Mckenney, Peter J Flynn, Stacy D Krause, Stacy D Krause, Thomas Andrew Blanchard, Thomas C Leonard and William P Tully.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Kadant have any subsidiaries?
The following companies are subsidiares of Kadant: Clouth & Kochenrath GmbH & Co. KG, Valon Kone Oy, Alcaidesa AG, Arcline Products LLC, Balemaster, Carmanah Design and Manufacturing Inc., Clouth & Kochenrath Beteiligungs GmbH, Clouth MBE Verwaltungs GmbH, Clouth Sprenger GmbH, Clouth Sprenger LLC, Clouth Sprenger Maschinenbau Beteiligungs GmbH, Cogent Industrial Technologies Ltd., Companhia Brasileira de Tecnologia Industrial, D.S.T. Pattern and Engineering Company Limited, East Chicago Machine Tool Corporation, Fiberprep Inc., Fibertek U.K. Limited, Gauld Equipment Manufacturing Company Inc., J&H Rentals Limited, Jining Huayi Light Industry Machinery Co. Ltd., Joh. Clouth Beteilgungs GmbH, Joh. Clouth Composite Technology Spolka z. o. o., Joh. Clouth GmbH, Joh. Clouth GmbH & Co. KG, Joh. Clouth PaperTec GmbH, Joh. Clouth Services Ltd., Joh. Clouth Sprenger Maschinenbau Eltmann GmbH & Co. KG, Joh. Clouth Technical Service GmbH, Johnson Corporation (JoCo) Limited, Johnson-Fluiten Srl, Kadant Asia Holdings Inc., Kadant Australia Pty Ltd, Kadant BC- Lamort UK Limited, Kadant Black Clawson LLC, Kadant Canada Corp., Kadant Cayman Ltd., Kadant Composites LLC, Kadant Cyprus (Canada) Limited, Kadant Fibergen Inc., Kadant Fiberline (China) Co. Ltd., Kadant GranTek Inc., Kadant India Private Limited, Kadant International Holdings LLC, Kadant Japan KK, Kadant Johnson, Kadant Johnson (Wuxi) Technology Ltd., Kadant Johnson Argentina S.A., Kadant Johnson Australia Pty Limited, Kadant Johnson China-TZ Holding Inc., Kadant Johnson Corporation Asia Pacific Pty Ltd, Kadant Johnson Deutschland GmbH, Kadant Johnson Europe B.V., Kadant Johnson Holdings Inc., Kadant Johnson LLC, Kadant Johnson Latin America Holding Inc., Kadant Johnson Systems International - S.r.l., Kadant Johnson Systems International Limited, Kadant Lamort S.L., Kadant Lamort S.r.l., Kadant Lamort SAS, Kadant Luxembourg Holdings S.à r.l., Kadant Luxembourg S.à r.l., Kadant Mexico S.A. de C.V., Kadant Nordic AB, Kadant Northern U.S. LLC, Kadant Northern UK Co. Ltd., Kadant Noss AB, Kadant PAAL GmbH, Kadant PAAL Holding GmbH, Kadant PAAL LLC, Kadant PAAL Limited, Kadant PAAL S.A., Kadant PAAL SAS, Kadant South America Ltda., Kadant Syntron Holdings LLC, Kadant U.K. Limited, Kadant UK Holdings Limited, Kadant Unaflex LLC, M-clean Papertech AB, Nicholson Manufacturing Company LLC, Nicholson Manufacturing Ltd., Noss Group, RT Holding GmbH, Radiance SAS, Sundance Partners LLC, Syntron Material Handling (Changshu) Co. Ltd., Syntron Material Handling (Changshu) Trading Co. Ltd., Syntron Material Handling Group LLC, Syntron Material Handling Holdings LLC, Syntron Material Handling Holdings Limited, Syntron Material Handling Intermediate Holdings LLC, Syntron Material Handling LLC, Tengzhou Feixuan Rotary Joints Manufacturing Co. Ltd., The Clouth Group of Companies, The Johnson Corporation de Mexico S.A. de C.V., Thermo Black Clawson, Unaflex LLC, VK North America LLC, VN Services NV, Valon Kone AB, Valon Kone OOO, Verus Lebanon LLC, Vickerys Limited, and Winterburn Limited.
Read More
This page (NYSE:KAI) was last updated on 12/3/2023 by MarketBeat.com Staff

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