NYSE:KAI - Kadant Stock Price, News & Analysis

-2.65 (-3.23 %)
(As of 08/23/2019 02:02 PM ET)
Today's Range
Now: $79.32
50-Day Range
MA: $86.30
52-Week Range
Now: $79.32
Volume1,087 shs
Average Volume65,173 shs
Market Capitalization$893.14 million
P/E Ratio14.12
Dividend Yield1.11%
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



Sales & Book Value

Annual Sales$633.79 million
Cash Flow$7.3173 per share
Book Value$35.57 per share


Net Income$60.41 million


Market Cap$893.14 million
Next Earnings Date11/4/2019 (Estimated)

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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 Thursday, May 16th. Stockholders of record on Thursday, July 11th will be given a dividend of $0.23 per share on Thursday, August 8th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Wednesday, July 10th. View Kadant's Dividend History.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) issued its quarterly earnings results on Tuesday, July, 30th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.31. The industrial products company had revenue of $177.20 million for the quarter, compared to the consensus estimate of $168.67 million. Kadant had a net margin of 9.50% and a return on equity of 17.67%. The company's quarterly revenue was up 14.4% on a year-over-year basis. During the same period last year, the business 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 updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $5.26-5.38 for the period, compared to the Thomson Reuters consensus EPS 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 twelve-month price objectives for Kadant's shares. Their predictions range from $97.09 to $110.00. On average, they anticipate Kadant's share price to reach $103.5450 in the next year. This suggests a possible upside of 30.5% 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?

News articles about KAI stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 2.5 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Kadant.

Are investors shorting Kadant?

Kadant saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 478,900 shares, an increase of 11.7% from the June 30th total of 428,900 shares. Based on an average trading volume of 72,200 shares, the short-interest ratio is presently 6.6 days. Approximately 4.5% of the company's 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), 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 retail and institutional 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 bought 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, Scottrade, Fidelity and Charles Schwab.

What is Kadant's stock price today?

One share of KAI stock can currently be purchased for approximately $79.32.

How big of a company is Kadant?

Kadant has a market capitalization of $893.14 million 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:  224 (Vote Outperform)
Underperform Votes:  303 (Vote Underperform)
Total Votes:  527
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 8/23/2019 by MarketBeat.com Staff

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