Kadant Stock Forecast, Price & News

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.

Who are some of Kadant's key competitors?

Some companies that are related to Kadant include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll Rand (IR), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Pentair (PNR), Snap-on (SNA), Middleby (MIDD), ITT (ITT), Lincoln Electric (LECO) and Donaldson (DCI).
View all of KAI's 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), 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.
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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.