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NYSE:KAI

Kadant - KAI Stock Forecast, Price & News

$199.64
-0.92 (-0.46%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$198.51
$201.89
50-Day Range
$172.45
$202.93
52-Week Range
$154.19
$220.00
Volume
58,784 shs
Average Volume
63,068 shs
Market Capitalization
$2.33 billion
P/E Ratio
19.59
Dividend Yield
0.52%
Price Target
$229.00

Kadant MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
14.7% Upside
$229.00 Price Target
Short Interest
Healthy
1.66% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
2.70%
From $8.90 to $9.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Industrial Products Sector

67th out of 183 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

2nd out of 4 stocks


KAI stock logo

About Kadant (NYSE:KAI) Stock

Kadant Inc. is a global supplier of critical components and engineered systems used in process industries worldwide. The firm'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 Materi

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KAI Stock News Headlines

Is It Time To Consider Buying Kadant Inc. (NYSE:KAI)?
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
Kadant Third Quarter 2022 Earnings: Beats Expectations
Kadant Inc. (KAI) Q3 2022 Earnings Call Transcript
Kadant Reports Third Quarter 2022 Results
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
Kadant (KAI) Beats Q3 Earnings and Revenue Estimates
Cash Dividend On The Way From Kadant (KAI)
Kadant: Worrying Cracks Emerging
What Is Kadant Inc.'s (NYSE:KAI) Share Price Doing?
3 Reasons Why Kadant (KAI) Is a Great Growth Stock
Kadant (KAI) Q2 Earnings and Revenues Beat Estimates
Kadant Reports Second Quarter 2022 Results
Earnings Outlook For Kadant
See More Headlines
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KAI Company Calendar

Ex-Dividend for 11/10 Dividend
10/12/2022
Last Earnings
11/01/2022
Dividend Payable
11/10/2022
Ex-Dividend for 2/2 Dividend
1/04/2023
Today
1/30/2023
Dividend Payable
2/02/2023
Next Earnings (Estimated)
2/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, except metalworking machinery
Sub-Industry
Industrial Machinery
CUSIP
48282T10
Employees
2,900
Year Founded
1991

Price Target and Rating

Average Stock Price Forecast
$229.00
High Stock Price Forecast
$229.00
Low Stock Price Forecast
$229.00
Forecasted Upside/Downside
+14.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$84.04 million
Pretax Margin
17.83%

Debt

Sales & Book Value

Annual Sales
$786.58 million
Cash Flow
$10.84 per share
Book Value
$48.74 per share

Miscellaneous

Free Float
11,477,000
Market Cap
$2.33 billion
Optionable
Optionable
Beta
1.18

Social Links


Key Executives

  • Jeffrey L. PowellJeffrey L. Powell
    President, Chief Executive Officer & Director
  • Michael J. McKenneyMichael J. McKenney
    Chief Financial Officer & Executive Vice President
  • Deborah S. Selwood
    Chief Accounting Officer & Senior Vice President
  • Stacy D. KrauseStacy D. Krause
    Secretary, Senior Vice President & General Counsel
  • Michael Colwell
    Vice President













KAI Stock - Frequently Asked Questions

Should I buy or sell Kadant stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kadant in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" KAI shares.
View KAI analyst ratings
or view top-rated stocks.

What is Kadant's stock price forecast for 2023?

2 analysts have issued 12-month target prices for Kadant's stock. Their KAI share price forecasts range from $229.00 to $229.00. On average, they expect the company's stock price to reach $229.00 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for KAI
or view top-rated stocks among Wall Street analysts.

How have KAI shares performed in 2023?

Kadant's stock was trading at $177.63 at the start of the year. Since then, KAI shares have increased by 12.2% and is now trading at $199.33.
View the best growth stocks for 2023 here
.

Are investors shorting Kadant?

Kadant saw a increase in short interest in December. As of December 15th, there was short interest totaling 193,800 shares, an increase of 6.0% from the November 30th total of 182,900 shares. Based on an average daily volume of 53,400 shares, the short-interest ratio is currently 3.6 days. Approximately 1.7% of the company's stock are short sold.
View Kadant's Short Interest
.

When is Kadant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our KAI earnings forecast
.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) posted its earnings results on Tuesday, November, 1st. The industrial products company reported $2.38 earnings per share for the quarter, topping analysts' consensus estimates of $2.10 by $0.28. The industrial products company earned $224.51 million during the quarter, compared to the consensus estimate of $217.42 million. Kadant had a trailing twelve-month return on equity of 18.08% and a net margin of 13.35%.

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

Kadant declared a quarterly dividend on Thursday, November 17th. Investors of record on Thursday, January 5th will be paid a dividend of $0.26 per share on Thursday, February 2nd. This represents a $1.04 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend is Wednesday, January 4th.
Read our dividend analysis for KAI
.

Is Kadant a good dividend stock?

Kadant (NYSE:KAI) pays an annual dividend of $1.04 per share and currently has a dividend yield of 0.52%. The company 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 is 10.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KAI will have a dividend payout ratio of 11.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KAI.

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

Kadant issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of $1.90-$2.07 for the period, compared to the consensus estimate of $2.34. The company issued revenue guidance of $217.00 million-$223.00 million, compared to the consensus revenue estimate of $234.00 million.

What is Jonathan W. (Jon) Painter's approval rating as Kadant's CEO?

7 employees have rated Kadant Chief Executive Officer Jonathan W. (Jon) Painter on Glassdoor.com. Jonathan W. (Jon) Painter has an approval rating of 76% among the company'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 retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.67%), Riverbridge Partners LLC (2.11%), Ziegler Capital Management LLC (0.53%), Handelsinvest Investeringsforvaltning (0.36%), Confluence Investment Management LLC (0.24%) and Mountain Pacific Investment Advisers Inc. ID (0.16%). Insiders that own company 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, Stacy D Krause, Thomas C Leonard and William P Tully.
View institutional ownership trends
.

How do I buy shares of Kadant?

Shares of KAI stock 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 $199.33.

How much money does Kadant make?

Kadant (NYSE:KAI) has a market capitalization of $2.32 billion and generates $786.58 million in revenue each year. The industrial products company earns $84.04 million in net income (profit) each year or $10.19 on an earnings per share basis.

How many employees does Kadant have?

The company employs 2,900 workers across the globe.

Does Kadant have any subsidiaries?
The following companies are subsidiares of Kadant: Clouth & Kochenrath GmbH & Co. KG, Valon Kone Oy, Alcaidesa AG, Arcline Products LLC, Balemaster, Carmanah Design and Manufacturing Inc., Clouth & Kochenrath Beteiligungs GmbH, Clouth MBE Verwaltungs GmbH, Clouth Sprenger GmbH, Clouth Sprenger LLC, Clouth Sprenger Maschinenbau Beteiligungs GmbH, Cogent Industrial Technologies Ltd., Companhia Brasileira de Tecnologia Industrial, D.S.T. Pattern and Engineering Company Limited, East Chicago Machine Tool Corporation, Fiberprep Inc., Fibertek U.K. Limited, Gauld Equipment Manufacturing Company Inc., J&H Rentals Limited, Jining Huayi Light Industry Machinery Co. Ltd., Joh. Clouth Beteilgungs GmbH, Joh. Clouth Composite Technology Spolka z. o. o., Joh. Clouth GmbH, Joh. Clouth GmbH & Co. KG, Joh. Clouth PaperTec GmbH, Joh. Clouth Services Ltd., Joh. Clouth Sprenger Maschinenbau Eltmann GmbH & Co. KG, Joh. Clouth Technical Service GmbH, Johnson Corporation (JoCo) Limited, Johnson-Fluiten Srl, Kadant Asia Holdings Inc., Kadant Australia Pty Ltd, Kadant BC- Lamort UK Limited, Kadant Black Clawson LLC, Kadant Canada Corp., Kadant Cayman Ltd., Kadant Composites LLC, Kadant Cyprus (Canada) Limited, Kadant Fibergen Inc., Kadant Fiberline (China) Co. Ltd., Kadant GranTek Inc., Kadant India Private Limited, Kadant International Holdings LLC, Kadant Japan KK, Kadant Johnson, Kadant Johnson (Wuxi) Technology Ltd., Kadant Johnson Argentina S.A., Kadant Johnson Australia Pty Limited, Kadant Johnson China-TZ Holding Inc., Kadant Johnson Corporation Asia Pacific Pty Ltd, Kadant Johnson Deutschland GmbH, Kadant Johnson Europe B.V., Kadant Johnson Holdings Inc., Kadant Johnson LLC, Kadant Johnson Latin America Holding Inc., Kadant Johnson Systems International - S.r.l., Kadant Johnson Systems International Limited, Kadant Lamort S.L., Kadant Lamort S.r.l., Kadant Lamort SAS, Kadant Luxembourg Holdings S.à r.l., Kadant Luxembourg S.à r.l., Kadant Mexico S.A. de C.V., Kadant Nordic AB, Kadant Northern U.S. LLC, Kadant Northern UK Co. Ltd., Kadant Noss AB, Kadant PAAL GmbH, Kadant PAAL Holding GmbH, Kadant PAAL LLC, Kadant PAAL Limited, Kadant PAAL S.A., Kadant PAAL SAS, Kadant South America Ltda., Kadant Syntron Holdings LLC, Kadant U.K. Limited, Kadant UK Holdings Limited, Kadant Unaflex LLC, M-clean Papertech AB, Nicholson Manufacturing Company LLC, Nicholson Manufacturing Ltd., Noss Group, RT Holding GmbH, Radiance SAS, Sundance Partners LLC, Syntron Material Handling (Changshu) Co. Ltd., Syntron Material Handling (Changshu) Trading Co. Ltd., Syntron Material Handling Group LLC, Syntron Material Handling Holdings LLC, Syntron Material Handling Holdings Limited, Syntron Material Handling Intermediate Holdings LLC, Syntron Material Handling LLC, Tengzhou Feixuan Rotary Joints Manufacturing Co. Ltd., The Clouth Group of Companies, The Johnson Corporation de Mexico S.A. de C.V., Thermo Black Clawson, Unaflex LLC, VK North America LLC, VN Services NV, Valon Kone AB, Valon Kone OOO, Verus Lebanon LLC, Vickerys Limited, and Winterburn Limited.
Read More
How can I contact Kadant?

Kadant's mailing address is ONE TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. The official website for the company is www.kadant.com. The industrial products company can be reached via phone at (978) 776-2000, via email at mike.mckenney@kadant.com, or via fax at 978-635-1593.

This page (NYSE:KAI) was last updated on 1/30/2023 by MarketBeat.com Staff