Kadant Stock Forecast, Price & News

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.

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

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.

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.
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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.

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.

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.

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.

Some companies that are related to Kadant include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Ingersoll Rand (IR), Dover (DOV), Xylem (XYL), IDEX (IEX), Snap-on (SNA), Graco (GGG), Nordson (NDSN), Pentair (PNR), The Middleby (MIDD), Woodward (WWD), Donaldson (DCI) and ITT (ITT).
View all of KAI's competitors.

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).

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

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.

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.

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.

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

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.

Kadant employs 2,800 workers across the globe.

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

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

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]