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

$92.94
-1.07 (-1.14 %)
(As of 11/22/2019 01:07 AM ET)
Today's Range
$92.14
Now: $92.94
$94.16
50-Day Range
$82.28
MA: $90.08
$100.37
52-Week Range
$76.44
Now: $92.94
$102.47
Volume42,482 shs
Average Volume66,331 shs
Market Capitalization$1.05 billion
P/E Ratio16.77
Dividend Yield0.98%
Beta1.29
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$7.37 per share
Book Value$33.72 per share

Profitability

Net Income$60.41 million

Miscellaneous

Employees2,500
Market Cap$1.05 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 Wednesday, September 11th. Stockholders of record on Thursday, October 10th will be paid a dividend of $0.23 per share on Thursday, November 7th. This represents a $0.92 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Wednesday, October 9th. View Kadant's Dividend History.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) issued its quarterly earnings results on Tuesday, October, 29th. The industrial products company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $0.14. The industrial products company earned $173.50 million during the quarter, compared to the consensus estimate of $172.94 million. Kadant had a return on equity of 16.76% and a net margin of 9.00%. Kadant's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business 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 estimate of $1.38.

What price target have analysts set for KAI?

3 equities research analysts have issued 1-year price targets for Kadant's stock. Their forecasts range from $97.09 to $107.00. On average, they anticipate Kadant's share price to reach $102.05 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Kadant.

What is the consensus analysts' recommendation for Kadant?

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kadant.

Has Kadant been receiving favorable news coverage?

Media headlines about KAI stock have trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kadant earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Kadant.

Are investors shorting Kadant?

Kadant saw a drop in short interest in October. As of October 31st, there was short interest totalling 454,400 shares, a drop of 10.0% from the September 30th total of 504,700 shares. Based on an average trading volume of 60,900 shares, the short-interest ratio is presently 7.5 days. Approximately 4.2% of the shares of the 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 Netflix (NFLX), Carbonite (CARB), Comcast (CMCSA), Extreme Networks (EXTR), Tractor Supply (TSCO), The Coca-Cola (KO), Pfizer (PFE), Adamis Pharmaceuticals (ADMP), Applied Materials (AMAT) and Broadcom (AVGO).

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 a number of of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (4.47%), Handelsinvest Investeringsforvaltning (1.60%), Boston Trust Walden Corp (1.15%), Eagle Asset Management Inc. (1.15%), Confluence Investment Management LLC (0.54%) and Monarch Partners Asset Management LLC (0.44%). 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 major investors are selling Kadant stock?

KAI stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Eagle Asset Management Inc., Handelsinvest Investeringsforvaltning, Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Virginia Retirement Systems ET AL, Hancock Whitney Corp and Tower Research Capital LLC TRC . 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 major investors are buying Kadant stock?

KAI stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, California Public Employees Retirement System, SG Americas Securities LLC, Rhumbline Advisers, Boston Trust Walden Corp and Oppenheimer Asset Management Inc.. 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 $92.94.

How big of a company is Kadant?

Kadant has a market capitalization of $1.05 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:  248 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  586
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 11/22/2019 by MarketBeat.com Staff

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