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NYSE:KAI - Kadant Stock Price, Forecast & News

$107.08
+0.96 (+0.90 %)
(As of 12/15/2019 04:00 PM ET)
Today's Range
$104.20
Now: $107.08
$107.44
50-Day Range
$85.75
MA: $95.87
$107.15
52-Week Range
$76.44
Now: $107.08
$107.44
Volume109,701 shs
Average Volume56,217 shs
Market Capitalization$1.21 billion
P/E Ratio18.52
Dividend Yield0.87%
Beta1.31
Kadant Inc supplies equipment and critical components used in papermaking, paper recycling, recycling and waste management, and other process industries worldwide. The company operates in two segments, Papermaking Systems and Wood Processing Systems. The Papermaking Systems segment develops, manufactures, and markets custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper and balers, as well as related equipment used in the processing of recyclable and waste materials; and fluid-handling systems and equipment used in industrial piping systems to compensate for movement, as well as to transfer fluid, power, and data. Read More…

Industry, Sector and Symbol

Industry Special industry machinery, except metalworking machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP48282T10
Phone978-776-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$633.79 million
Cash Flow$7.69 per share
Book Value$33.72 per share

Profitability

Net Income$60.41 million

Miscellaneous

Employees2,500
Market Cap$1.21 billion
Next Earnings Date2/12/2020 (Estimated)
OptionableOptionable

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Kadant (NYSE:KAI) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, November 21st. Shareholders of record on Thursday, January 9th will be given a dividend of $0.23 per share on Thursday, February 6th. This represents a $0.92 annualized dividend and a yield of 0.86%. The ex-dividend date is Wednesday, January 8th. View Kadant's Dividend History.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) released its quarterly earnings results on Tuesday, October, 29th. The industrial products company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.14. The industrial products company earned $173.50 million during the quarter, compared to analyst estimates of $172.94 million. Kadant had a net margin of 9.00% and a return on equity of 16.76%. The company's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.53 earnings per share. View Kadant's Earnings History.

When is Kadant's next earnings date?

Kadant is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Kadant.

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

Kadant updated its fourth quarter earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of $1.23-1.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.38.

What price target have analysts set for KAI?

2 brokers have issued 1-year price objectives for Kadant's shares. Their forecasts range from $97.09 to $107.00. On average, they anticipate Kadant's stock price to reach $102.05 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Kadant.

What is the consensus analysts' recommendation for Kadant?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kadant in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kadant.

Has Kadant been receiving favorable news coverage?

Headlines about KAI stock have trended neutral recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kadant earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Kadant.

Are investors shorting Kadant?

Kadant saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 454,400 shares, a decline of 10.0% from the October 31st total of 504,700 shares. Based on an average trading volume of 60,900 shares, the days-to-cover ratio is currently 7.5 days. Approximately 4.2% of the company's stock are short sold. View Kadant's Current Options Chain.

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 Comcast (CMCSA), Netflix (NFLX), Tractor Supply (TSCO), The Coca-Cola (KO), Pfizer (PFE), Broadcom (AVGO), Carbonite (CARB), Extreme Networks (EXTR), Intel (INTC) and Intuit (INTU).

Who are Kadant's key executives?

Kadant's management team includes the folowing people:
  • Mr. Jonathan W. Painter, Pres, CEO & Director (Age 60)
  • Mr. Jeffrey L. Powell, Pres (Age 60)
  • Mr. Michael J. McKenney, Exec. VP & CFO (Age 57)
  • Mr. Eric T. Langevin, Exec. VP & COO (Age 56)
  • Ms. Stacy D. Krause, VP, Gen. Counsel & Sec. (Age 42)

Who are Kadant's major shareholders?

Kadant's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (4.47%), State Street Corp (2.11%), Pictet Asset Management Ltd. (1.70%), Handelsinvest Investeringsforvaltning (1.60%), Boston Trust Walden Corp (1.15%) and Eagle Asset Management Inc. (1.15%). Company insiders that own Kadant stock include Eric T Langevin, Jeffrey L Powell, John M Albertine, Jonathan W Painter, Michael J Mckenney, Sandra L Lambert, Thomas C Leonard and William P Tully. View Institutional Ownership Trends for Kadant.

Which institutional investors are selling Kadant stock?

KAI stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Stifel Financial Corp, Eagle Asset Management Inc., Handelsinvest Investeringsforvaltning, Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Barclays PLC and Virginia Retirement Systems ET AL. Company insiders that have sold Kadant company stock in the last year include Eric T Langevin, Jeffrey L Powell, John M Albertine, Jonathan W Painter, Michael J Mckenney, Thomas C Leonard and William P Tully. View Insider Buying and Selling for Kadant.

Which institutional investors are buying Kadant stock?

KAI stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Pictet Asset Management Ltd., First Trust Advisors LP, California Public Employees Retirement System, State Street Corp, SG Americas Securities LLC, Rhumbline Advisers and Boston Trust Walden Corp. View Insider Buying and Selling for Kadant.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Kadant's stock price today?

One share of KAI stock can currently be purchased for approximately $107.08.

How big of a company is Kadant?

Kadant has a market capitalization of $1.21 billion and generates $633.79 million in revenue each year. Kadant employs 2,500 workers across the globe.View Additional Information About Kadant.

What is Kadant's official website?

The official website for Kadant is http://www.kadant.com/.

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]


MarketBeat Community Rating for Kadant (NYSE KAI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  604
MarketBeat's community ratings are surveys of what our community members think about Kadant and other stocks. Vote "Outperform" if you believe KAI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KAI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2019 by MarketBeat.com Staff

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