Log in

NYSE:KAI - Kadant Stock Price, Forecast & News

$90.82
-0.63 (-0.69 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$88.68
Now: $90.82
$91.94
50-Day Range
$90.82
MA: $105.97
$112.85
52-Week Range
$77.67
Now: $90.82
$114.05
Volume73,971 shs
Average Volume68,292 shs
Market Capitalization$1.04 billion
P/E Ratio19.96
Dividend Yield1.01%
Beta1.32
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
CUSIP48282T10
Phone978-776-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$704.64 million
Cash Flow$7.31 per share
Book Value$33.72 per share

Profitability

Net Income$52.07 million

Miscellaneous

Employees2,500
Market Cap$1.04 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

Receive KAI News and Ratings via Email

Sign-up to receive the latest news and ratings for KAI and its competitors with MarketBeat's FREE daily newsletter.


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, November 21st. Shareholders of record on Thursday, January 9th will be given a dividend of $0.23 per share on Thursday, February 6th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Wednesday, January 8th. View Kadant's Dividend History.

How were Kadant's earnings last quarter?

Kadant Inc. (NYSE:KAI) issued its quarterly earnings results on Wednesday, February, 12th. The industrial products company reported $1.32 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.28 by $0.04. The industrial products company had revenue of $182.70 million for the quarter, compared to the consensus estimate of $173.38 million. Kadant had a return on equity of 15.56% and a net margin of 7.39%. The firm's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 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, May 4th 2020. View Earnings Estimates for Kadant.

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

Kadant issued an update on its FY20 earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of $5.00-5.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.97. The company issued revenue guidance of $6.90-700 million, compared to the consensus revenue estimate of $716.28 million.

What price target have analysts set for KAI?

4 equities research analysts have issued 12 month target prices for Kadant's shares. Their forecasts range from $91.00 to $105.00. On average, they expect Kadant's stock price to reach $97.52 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Kadant.

What is the consensus analysts' recommendation for Kadant?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kadant in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kadant.

Has Kadant been receiving favorable news coverage?

News articles about KAI stock have been trending extremely negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kadant earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Kadant.

Are investors shorting Kadant?

Kadant saw a decline in short interest during the month of February. As of February 14th, there was short interest totalling 472,800 shares, a decline of 6.9% from the January 30th total of 507,800 shares. Based on an average daily volume of 61,000 shares, the short-interest ratio is currently 7.8 days. Currently, 4.3% of the company's shares 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 Pfizer (PFE), Comcast (CMCSA), Altria Group (MO), Exxon Mobil (XOM), Netflix (NFLX), Tractor Supply (TSCO), AbbVie (ABBV), The Coca-Cola (KO), Occidental Petroleum (OXY) and Southern (SO).

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 many different of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (5.86%), Royce & Associates LP (5.48%), Macquarie Group Ltd. (5.29%), Loomis Sayles & Co. L P (2.62%), State Street Corp (2.15%) and Pictet Asset Management Ltd. (1.71%). 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 Thrivent Financial for Lutherans, Loomis Sayles & Co. L P, Bank of New York Mellon Corp, Renaissance Technologies LLC, Royce & Associates LP, First Trust Advisors LP, Handelsinvest Investeringsforvaltning and Alliancebernstein L.P.. Company insiders that have sold Kadant company stock in the last year include Eric T Langevin, Jeffrey L Powell, 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 purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Driehaus Capital Management LLC, Tygh Capital Management Inc., CWM LLC, California Public Employees Retirement System, Sei Investments Co., Macquarie Group Ltd. and Marks Group Wealth Management Inc. 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, Robinhood, Fidelity and Charles Schwab.

What is Kadant's stock price today?

One share of KAI stock can currently be purchased for approximately $90.82.

How big of a company is Kadant?

Kadant has a market capitalization of $1.04 billion and generates $704.64 million in revenue each year. The industrial products company earns $52.07 million in net income (profit) each year or $5.36 on an earnings per share basis. 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:  2.0 out of 5 (star star)
Outperform Votes:  266 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  654
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 2/29/2020 by MarketBeat.com Staff

Featured Article: Monthly Dividend Stocks

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel