NYSE:KAI - Kadant Stock Price, News & Analysis

$89.92
-1.18 (-1.30 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$89.75
Now: $89.92
$91.39
50-Day Range
$78.26
MA: $83.24
$93.47
52-Week Range
$76.44
Now: $89.92
$111.85
Volume2,525 shs
Average Volume73,484 shs
Market Capitalization$1.01 billion
P/E Ratio14.98
Dividend Yield1.05%
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$7.8123 per share
Book Value$33.72 per share

Profitability

Net Income$60.41 million

Miscellaneous

Employees2,500
Market Cap$1.01 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

Receive KAI News and Ratings via Email

Sign-up to receive the latest news and ratings for KAI and its competitors with MarketBeat's FREE daily newsletter.


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 declared a quarterly dividend on Wednesday, September 11th. Investors of record on Thursday, October 10th will be given a dividend of $0.23 per share on Thursday, November 7th. This represents a $0.92 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Wednesday, October 9th. View Kadant's Dividend History.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) announced its quarterly earnings data on Tuesday, July, 30th. The industrial products company reported $1.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.11 by $0.31. The industrial products company earned $177.20 million during the quarter, compared to analyst estimates of $168.67 million. Kadant had a net margin of 9.50% and a return on equity of 17.67%. Kadant's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.07 EPS. View Kadant's Earnings History.

When is Kadant's next earnings date?

Kadant is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Kadant.

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

Kadant issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of $5.26-5.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.38. The company issued revenue guidance of $700-710 million, compared to the consensus revenue estimate of $705.19 million.

What price target have analysts set for KAI?

3 equities research analysts have issued 12-month target prices for Kadant's stock. Their predictions range from $97.09 to $110.00. On average, they expect Kadant's stock price to reach $103.5450 in the next twelve months. This suggests a possible upside of 15.2% 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.

What are Wall Street analysts saying about Kadant stock?

Here are some recent quotes from research analysts about Kadant stock:
  • 1. According to Zacks Investment Research, "Kadant Inc. is a leading supplier of a range of products and systems for the global papermaking and paper-recycling industries, including de-inking systems, stock-preparation equipment, water-management systems, and papermaking accessories. Through its majority-owned Thermo Fibergen subsidiary, the company also develops and commercializes composite building materials produced from natural fiber and recycled plastic. Kadant is a public subsidiary of Thermo Electron Corporation.(Press Release) " (8/3/2019)
  • 2. Barrington Research analysts commented, "We are reiterating our OUTPERFORM investment rating based on the company’s strong parts and consumables revenue mix, which provides economic insulation; solid free cash flow generation, which was further strengthened through this acquisition; and sound capital allocation practices, evident by its adjusted ROIC and shareholder returns." (1/28/2019)

Has Kadant been receiving favorable news coverage?

Headlines about KAI stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media 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 five, with scores nearest to five being the most favorable. Kadant earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Kadant.

Are investors shorting Kadant?

Kadant saw a increase in short interest in August. As of August 31st, there was short interest totalling 518,400 shares, an increase of 8.2% from the July 31st total of 478,900 shares. Based on an average daily volume of 67,300 shares, the short-interest ratio is currently 7.7 days. Approximately 4.8% of the shares of the stock are sold short. 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), Pfizer (PFE), Carbonite (CARB), Extreme Networks (EXTR), Micron Technology (MU), Splunk (SPLK), Tractor Supply (TSCO), Ensco Rowan (ESV), The Coca-Cola (KO) and Adamis Pharmaceuticals (ADMP).

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 institutional and retail investors. Top institutional investors include Wasatch Advisors Inc. (11.11%), BlackRock Inc. (8.37%), Handelsbanken Fonder AB (5.77%), Vanguard Group Inc. (4.73%), Wells Fargo & Company MN (3.90%) and Brown Advisory Inc. (3.33%). 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 Renaissance Technologies LLC, Morgan Stanley, JPMorgan Chase & Co., Citadel Advisors LLC, Russell Investments Group Ltd., Eagle Asset Management Inc., Prudential Financial Inc. 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, 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 Nuveen Asset Management LLC, BlackRock Inc., Wasatch Advisors Inc., Monarch Partners Asset Management LLC, Pictet Asset Management Ltd., Pictet Asset Management Ltd., Handelsbanken Fonder AB and Atria Investments LLC. 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 $89.92.

How big of a company is Kadant?

Kadant has a market capitalization of $1.01 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:  230 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  538
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 9/16/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel