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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:KAI

Kadant Stock Forecast, Price & News

$183.94
+4.74 (+2.65%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$178.00
$184.65
50-Day Range
$169.23
$198.64
52-Week Range
$167.40
$240.47
Volume
112,936 shs
Average Volume
36,411 shs
Market Capitalization
$2.14 billion
P/E Ratio
19.76
Dividend Yield
0.58%
Price Target
$250.00
30 days | 90 days | 365 days | Advanced Chart

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KAI Stock Forecast (MarketRank)

Overall MarketRank

2.60 out of 5 stars

Industrial Products Sector

74th out of 255 stocks

Special Industry Machinery, Except Metalworking Machinery Industry

3rd out of 4 stocks

Analyst Opinion: 3.3Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
Kadant logo

About Kadant (NYSE:KAI)

Kadant Inc. supplies technologies 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, 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 incorporated in 1991 and is headquartered in Westford, Massachusetts.

KAI Stock News Headlines

Kadant Authorizes Share Repurchase - GlobeNewswire
See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Ex-Dividend for 5/11 Dividend
4/12/2022
Last Earnings
5/03/2022
Dividend Payable
5/11/2022
Today
6/25/2022
Ex-Dividend for 8/11 Dividend
7/13/2022
Next Earnings (Estimated)
8/02/2022
Dividend Payable
8/11/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$250.00
High Stock Price Forecast
$250.00
Low Stock Price Forecast
$250.00
Forecasted Upside/Downside
+35.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
2 Analysts

Profitability

Net Income
$84.04 million
Pretax Margin
17.19%

Debt

Sales & Book Value

Annual Sales
$786.58 million
Cash Flow
$11.18 per share
Book Value
$48.74 per share

Miscellaneous

Free Float
11,472,000
Market Cap
$2.14 billion
Optionable
Optionable
Beta
1.23

Social Links















Kadant Frequently Asked Questions

Should I buy or sell Kadant stock 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 "moderate buy" Kadant stock.
View analyst ratings for Kadant
or view top-rated stocks.

What is Kadant's stock price forecast for 2022?

2 Wall Street analysts have issued 12 month target prices for Kadant's shares. Their KAI stock forecasts range from $250.00 to $250.00. On average, they predict Kadant's stock price to reach $250.00 in the next twelve months. This suggests a possible upside of 35.9% from the stock's current price.
View analysts' price targets for Kadant
or view top-rated stocks among Wall Street analysts.

How has Kadant's stock performed in 2022?

Kadant's stock was trading at $230.48 on January 1st, 2022. Since then, KAI shares have decreased by 20.2% and is now trading at $183.94.
View the best growth stocks for 2022 here
.

When is Kadant's next earnings date?

Kadant is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Kadant
.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) released its earnings results on Tuesday, May, 3rd. The industrial products company reported $2.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.08 by $0.20. The industrial products company earned $226.48 million during the quarter, compared to analyst estimates of $215.17 million. Kadant had a trailing twelve-month return on equity of 17.88% and a net margin of 12.93%. Kadant's revenue was up 31.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.43 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, May 19th. Investors of record on Thursday, July 14th will be paid a dividend of $0.26 per share on Thursday, August 11th. This represents a $1.04 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Wednesday, July 13th.
View Kadant's dividend history
.

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 0.58%. 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 11.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kadant will have a dividend payout ratio of 10.66% 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 second quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of $1.86-$1.96 for the period, compared to the consensus estimate of $2.29. The company issued revenue guidance of $215.00 million-$220.00 million, compared to the consensus revenue estimate of $227.96 million.

Who are Kadant's key executives?

Kadant's management team includes the following people:

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.

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. (13.80%), Neuberger Berman Group LLC (7.09%), BlackRock Inc. (6.70%), Vanguard Group Inc. (5.12%), Chevy Chase Trust Holdings Inc. (3.86%) and Royce & Associates LP (3.84%). 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, Stacy D Krause, 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 Chevy Chase Trust Holdings Inc., Neuberger Berman Group LLC, Goldman Sachs Group Inc., Eagle Asset Management Inc., Handelsbanken Fonder AB, Dimensional Fund Advisors LP, JPMorgan Chase & Co., and Northern Trust Corp. Company insiders that have sold Kadant company stock in the last two years 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 major investors are buying Kadant stock?

KAI stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Riverbridge Partners LLC, Vanguard Group Inc., Raymond James & Associates, Aviva PLC, RMB Capital Management LLC, Cornercap Investment Counsel Inc., and Royce & Associates LP.
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 $183.94.

How much money does Kadant make?

Kadant (NYSE:KAI) has a market capitalization of $2.14 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 $9.309990 on an earnings per share basis.

How many employees does Kadant have?

Kadant employs 2,900 workers across the globe.

Does Kadant have any subsidiaries?

The following companies are subsidiares of Kadant: Alcaidesa AG, Arcline Products LLC, Clouth & Kochenrath Beteiligungs GmbH, Clouth & Kochenrath GmbH & Co. KG, Clouth MBE Verwaltungs GmbH, Clouth Sprenger GmbH, Clouth Sprenger LLC, Clouth Sprenger Maschinenbau Beteiligungs GmbH, Cogent Industrial Technologies Ltd., D.S.T. Pattern and Engineering Company Limited, East Chicago Machine Tool Corporation, Fiberprep Inc., Fibertek U.K. Limited, J&H Rentals Limited, 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 (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, Nicholson Manufacturing Company LLC, Nicholson Manufacturing Ltd., 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 Johnson Corporation de Mexico S.A. de C.V., VK North America LLC, VN Services NV, Valon Kone AB, Valon Kone OOO, Valon Kone Oy, Verus Lebanon LLC, Vickerys Limited, and Winterburn Limited.
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When was Kadant founded?

Kadant was founded in 1991.

How can I contact Kadant?

Kadant's mailing address is ONE TECHNOLOGY PARK DRIVE, WESTFORD MA, 01886. The official website for Kadant is www.kadant.com. 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.

This page (NYSE:KAI) was last updated on 6/25/2022 by MarketBeat.com Staff

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