Kadant Stock Forecast, Price & News

+0.51 (+0.29 %)
(As of 06/16/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume16 shs
Average Volume41,135 shs
Market Capitalization$2.02 billion
P/E Ratio34.08
Dividend Yield0.59%
30 days | 90 days | 365 days | Advanced Chart
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About Kadant

Kadant Inc. supplies critical components and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables, consisting of doctor systems and holders, profiling systems, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company was formerly known as Thermo Fibertek Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was founded in 1991 and is headquartered in Westford, Massachusetts.


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Overall MarketRank

1.84 out of 5 stars

Industrial Products Sector

75th out of 411 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

4th out of 6 stocks

Analyst Opinion: 1.2Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Kadant (NYSE:KAI) Frequently Asked Questions

Is Kadant a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kadant in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Kadant stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KAI, but not buy additional shares or sell existing shares.
View analyst ratings for Kadant
or view top-rated stocks.

What stocks does MarketBeat like better than Kadant?

Wall Street analysts have given Kadant a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Kadant wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Kadant's next earnings date?

Kadant is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Kadant

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) issued its earnings results on Tuesday, May, 4th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.36 by $0.07. The industrial products company earned $172.46 million during the quarter, compared to analyst estimates of $170.02 million. Kadant had a trailing twelve-month return on equity of 13.01% and a net margin of 9.13%. Kadant's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.09 EPS.
View Kadant's earnings history

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

Kadant's stock was trading at $77.34 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KAI stock has increased by 125.2% and is now trading at $174.14.
View which stocks have been most impacted by COVID-19

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

Kadant announced a quarterly dividend on Thursday, May 20th. Shareholders of record on Thursday, July 15th will be paid a dividend of $0.25 per share on Thursday, August 12th. This represents a $1.00 annualized dividend and a yield of 0.57%. The ex-dividend date is Wednesday, July 14th.
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 0.59%. Kadant has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Kadant is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kadant will have a dividend payout ratio of 15.02% 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 updated its FY 2021 earnings guidance on Tuesday, May, 25th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $710 million-$730 million, compared to the consensus revenue estimate of $704.16 million.

What price target have analysts set for KAI?

3 analysts have issued 1 year price objectives for Kadant's stock. Their forecasts range from $116.00 to $200.00. On average, they anticipate Kadant's share price to reach $152.00 in the next year. This suggests that the stock has a possible downside of 12.7%.
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:
  • Mr. Jeffrey L. Powell, Pres, CEO & Director (Age 62, Pay $2.01M)
  • Mr. Michael J. McKenney, Exec. VP & CFO (Age 59, Pay $872.66k)
  • Mr. Eric T. Langevin, Exec. VP & COO (Age 58, Pay $872.66k)
  • Ms. Stacy D. Krause, VP, Gen. Counsel & Sec. (Age 44, Pay $601.22k)
  • Mr. Peter J. Flynn, VP
  • Ms. Deborah S. Selwood, Sr. VP & Chief Accounting Officer (Age 52)
  • Ms. Dara F. Mitchell, Sr. VP of Corp. Devel.
  • Mr. Wesley A. Martz, VP of Marketing
  • Mr. Orrin H. Bean, Treasurer

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.

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 Pfizer (PFE), AbbVie (ABBV), Altria Group (MO), Exxon Mobil (XOM), A. O. Smith (AOS), Eastman Chemical (EMN), Corning (GLW), The 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 a variety of retail and institutional investors. Top institutional investors include Wasatch Advisors Inc. (13.56%), BlackRock Inc. (7.48%), Neuberger Berman Group LLC (6.73%), Royce & Associates LP (4.54%), Dimensional Fund Advisors LP (3.91%) and Chevy Chase Trust Holdings Inc. (3.65%). Company insiders that own Kadant stock include Eric T Langevin, 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 Wasatch Advisors Inc., Northern Trust Corp, CWM LLC, Dimensional Fund Advisors LP, Loomis Sayles & Co. L P, Riverbridge Partners LLC, Goldman Sachs Group Inc., and Royce & Associates LP. Company insiders that have sold Kadant company stock in the last year include Eric T Langevin, John M Albertine, 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 Capital International Investors, Chevy Chase Trust Holdings Inc., Neuberger Berman Group LLC, Geode Capital Management LLC, BlackRock Inc., Citadel Advisors LLC, EAM Global Investors LLC, and NN Investment Partners Holdings N.V..
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 $174.14.

How much money does Kadant make?

Kadant has a market capitalization of $2.02 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 $5.00 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 or via email at [email protected]

This page was last updated on 6/16/2021 by MarketBeat.com Staff
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