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NYSE:KAI

Kadant Stock Forecast, Price & News

$235.24
-0.36 (-0.15%)
(As of 12/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$231.19
$236.04
50-Day Range
$200.07
$240.00
52-Week Range
$129.55
$240.47
Volume
35,965 shs
Average Volume
36,546 shs
Market Capitalization
$2.73 billion
P/E Ratio
35.97
Dividend Yield
0.42%
Beta
1.28
30 days | 90 days | 365 days | Advanced Chart
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Kadant logo

About Kadant

Kadant, Inc. is a global supplier of critical components and engineered systems used in process industries worldwide. The company's products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. It operates through the following segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment provides custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications to keep critical processes running efficiently in the packaging, tissue, food, metals, and other industrial sectors. It consists of fluid-handling and doctoring, cleaning, & filtration product lines. The Industrial Processing segment provides equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. In addition, the firm provides industrial automation and digitization solutions to process industries. It consists of wood processing and stock-preparation product lines. The Mate

Headlines

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Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
Industrial Machinery
CUSIP
48282T10
Employees
2,600
Year Founded
1991

Sales & Book Value

Annual Sales
$635.03 million
Cash Flow
$7.88 per share
Book Value
$46.83 per share

Profitability

Net Income
$55.20 million
Pretax Margin
13.90%

Debt

Price-To-Earnings

Miscellaneous

Free Float
11,384,000
Market Cap
$2.73 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/13/2021
Last Earnings
11/02/2021
Dividend Payable
11/11/2021
Today
12/08/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/16/2022

Social Links


MarketRank

Overall MarketRank

2.40 out of 5 stars

Industrial Products Sector

91st out of 246 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

3rd out of 4 stocks

Analyst Opinion: 1.3Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Kadant (NYSE:KAI) Frequently Asked Questions

Is Kadant a buy right now?

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. The consensus among Wall Street analysts is that investors should "buy" Kadant stock.
View analyst ratings for Kadant
or view top-rated stocks.

How has Kadant's stock been impacted by COVID-19?

Kadant's stock was trading at $77.34 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KAI shares have increased by 204.2% and is now trading at $235.24.
View which stocks have been most impacted by COVID-19
.

When is Kadant's next earnings date?

Kadant is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for Kadant
.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) announced its quarterly earnings results on Tuesday, November, 2nd. The industrial products company reported $1.97 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.64 by $0.33. Kadant had a trailing twelve-month return on equity of 15.60% and a net margin of 10.33%. During the same period in the previous year, the company posted $1.31 EPS.
View Kadant's earnings history
.

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

Kadant announced a quarterly dividend on Thursday, November 18th. Stockholders of record on Thursday, January 6th will be paid a dividend of $0.25 per share on Thursday, February 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date of this dividend is Wednesday, January 5th.
View Kadant's dividend history
.

Is Kadant a good dividend stock?

Kadant pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.42%. Kadant has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Kadant is 15.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kadant will have a dividend payout ratio of 11.24% next year. This indicates that Kadant will be able to sustain or increase its dividend.
View Kadant's dividend history.

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

Kadant issued an update on its FY 2021 earnings guidance on Tuesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $778 million-$783 million, compared to the consensus revenue estimate of $796.15 million.

What price target have analysts set for KAI?

2 analysts have issued 12 month target prices for Kadant's shares. Their forecasts range from $140.00 to $245.00. On average, they anticipate Kadant's stock price to reach $192.50 in the next twelve months. This suggests that the stock has a possible downside of 18.2%.
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
  • Deborah S. Selwood, Chief Accounting Officer & Senior Vice President
  • Stacy D. Krause, Secretary, Senior Vice President & General Counsel

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.

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).

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 many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors Inc. (13.85%), Neuberger Berman Group LLC (7.01%), BlackRock Inc. (6.66%), Chevy Chase Trust Holdings Inc. (4.09%), Dimensional Fund Advisors LP (3.83%) and Macquarie Group Ltd. (3.22%). Company insiders that own Kadant stock include Dara F Mitchell, Eric T Langevin, Erin L Russell, 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 institutional investors are selling Kadant stock?

KAI stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Wasatch Advisors Inc., BlackRock Inc., Phocas Financial Corp., Bank of New York Mellon Corp, Squarepoint Ops LLC, Morgan Stanley, and Two Sigma Investments LP. Company insiders that have sold Kadant company stock in the last year include Dara F Mitchell, Eric T Langevin, Erin L Russell, Jeffrey L Powell, John M Albertine, Jonathan W Painter, Michael J Mckenney, Stacy D Krause, Thomas C Leonard, and William P Tully.
View insider buying and selling activity for Kadant
or view top insider-selling stocks.

Which institutional investors are buying Kadant stock?

KAI stock was bought by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Neuberger Berman Group LLC, Chevy Chase Trust Holdings Inc., EAM Global Investors LLC, ClariVest Asset Management LLC, Eagle Asset Management Inc., EAM Investors LLC, and Barclays PLC.
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 $235.24.

How much money does Kadant make?

Kadant has a market capitalization of $2.73 billion and generates $635.03 million in revenue each year. The industrial products company earns $55.20 million in net income (profit) each year or $6.54 on an earnings per share basis.

How many employees does Kadant have?

Kadant employs 2,600 workers across the globe.

When was Kadant founded?

Kadant was founded in 1991.

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, via email at [email protected], or via fax at 978-635-1593.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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