Summary
323.84 9.94(3.17%)09/13/2024
Kadant, Inc. (KAI)
Kadant, Inc. (KAI)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 3.17 | 7.55 | 7.58 | 12.83 | -0.87 | 47.87 | 266.13 | 1,798.24 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 323.84 | |
| Open | 318.80 | |
| High | 327.51 | |
| Low | 317.86 | |
| Volume | 37,084 | |
| Change | 9.94 | |
| Change % | 3.17 | |
| Avg Volume (20 Days) | 50,514 | |
| Volume/Avg Volume (20 Days) Ratio | 0.73 | |
| 52 Week Range | 214.21 - 362.86 | |
| Price vs 52 Week High | -10.75% | |
| Price vs 52 Week Low | 51.18% | |
| Range | 1.58 | |
| Gap Up/Down | 4.21 | |
Fundamentals | ||
| Market Capitalization (Mln) | 3,800 | |
| EBIDTA | 205,603,008 | |
| PE Ratio | 29.9531 | |
| PEG Ratio | 3.2291 | |
| WallStreet Target Price | 325.00 | |
| Book Value | 66.6520 | |
| Earnings Per Share | 9.6000 | |
| EPS Estimate Current Quarter | 1.8800 | |
| EPS Estimate Next Quarter | 2.5300 | |
| EPS Estimate Current Year | 9.6700 | |
| EPS Estimate Next Year | 9.8600 | |
| Diluted EPS (TTM) | 9.6000 | |
| Revenues | ||
| Profit Marging | 0.1154 | |
| Operating Marging (TTM) | 0.1622 | |
| Return on asset (TTM) | 0.0819 | |
| Return on equity (TTM) | 0.1535 | |
| Revenue TTM | 976,889,024 | |
| Revenue per share TTM | 83.4180 | |
| Quarterly Revenue Growth (YOY) | 0.0840 | |
| Quarterly Earnings Growth (YOY) | -0.1250 | |
| Gross Profit (TTM) | 388,437,000 | |
| Dividends | ||
| Dividend Share | 1.1900 | |
| Dividend Yield | 0.0045 | |
| Valuations | ||
| Trailing PE | 29.9531 | |
| Forward PE | 29.4985 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 4.4587 | |
| Revenue Enterprise Value | 3.6095 | |
| EBITDA Enterprise Value | 17.2225 | |
| Shares | ||
| Shares Outstanding | 11,742,900 | |
| Shares Float | 11,590,405 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.10 | |
| Insider (%) | 1.08 | |
| Institutions (%) | 105.47 | |
09/09 13:40 EST - globenewswire.com
Kadant Named to Newsweek's List of America's Greatest Workplaces for Parents and Families 2024
WESTFORD, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today it was named one of "America's Greatest Workplaces for Parents and Families 2024" by Newsweek magazine. The award recognizes 1,000 U.S. workplaces based on more than 693,000 reviews.
Kadant Named to Newsweek's List of America's Greatest Workplaces for Parents and Families 2024
WESTFORD, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today it was named one of "America's Greatest Workplaces for Parents and Families 2024" by Newsweek magazine. The award recognizes 1,000 U.S. workplaces based on more than 693,000 reviews.
09/05 16:33 EST - globenewswire.com
Kadant Declares Cash Dividend
WESTFORD, Mass., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.32 per share to be paid on November 7, 2024 to stockholders of record as of the close of business on October 10, 2024. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.
Kadant Declares Cash Dividend
WESTFORD, Mass., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.32 per share to be paid on November 7, 2024 to stockholders of record as of the close of business on October 10, 2024. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.
07/30 18:55 EST - zacks.com
Kadant (KAI) Q2 Earnings and Revenues Surpass Estimates
Kadant (KAI) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $2.54 per share a year ago.
Kadant (KAI) Q2 Earnings and Revenues Surpass Estimates
Kadant (KAI) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $2.54 per share a year ago.
07/30 16:29 EST - globenewswire.com
Kadant Reports Second Quarter 2024 Results
WESTFORD, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 29, 2024.
Kadant Reports Second Quarter 2024 Results
WESTFORD, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 29, 2024.
07/25 10:19 EST - globenewswire.com
Kadant to Hold Earnings Conference Call on Wednesday, July 31, 2024
WESTFORD, Mass., July 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024 and will hold a webcast the next day, Wednesday, July 31, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its second quarter financial performance and future expectations.
Kadant to Hold Earnings Conference Call on Wednesday, July 31, 2024
WESTFORD, Mass., July 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024 and will hold a webcast the next day, Wednesday, July 31, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its second quarter financial performance and future expectations.
07/15 11:57 EST - investorplace.com
7 Short-Squeeze Stocks That Could Beat Down the Bears
Short-squeeze stocks represent one of the boldest forms of contrarianism available. Simply put, it's a showdown between the bears that are attempting to profit from the downturn of a public enterprise.
7 Short-Squeeze Stocks That Could Beat Down the Bears
Short-squeeze stocks represent one of the boldest forms of contrarianism available. Simply put, it's a showdown between the bears that are attempting to profit from the downturn of a public enterprise.
06/03 11:59 EST - globenewswire.com
Kadant Acquires Dynamic Sealing Technologies
WESTFORD, Mass., June 03, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced it has completed the acquisition of Dynamic Sealing Technologies LLC and affiliates (“DSTI”) for approximately $55 million in cash, subject to certain customary adjustments.
Kadant Acquires Dynamic Sealing Technologies
WESTFORD, Mass., June 03, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced it has completed the acquisition of Dynamic Sealing Technologies LLC and affiliates (“DSTI”) for approximately $55 million in cash, subject to certain customary adjustments.
05/20 05:00 EST - https://www.defenseworld.net
Amalgamated Bank Decreases Stock Position in Kadant Inc. (NYSE:KAI)
Amalgamated Bank lessened its position in shares of Kadant Inc. (NYSE:KAI – Free Report) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,690 shares of the industrial products company’s stock after selling 66 shares during the period. Amalgamated Bank’s holdings in Kadant were worth $474,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made changes to their positions in KAI. Headinvest LLC purchased a new stake in Kadant during the third quarter valued at about $25,000. First Horizon Advisors Inc. lifted its stake in shares of Kadant by 37.0% during the 4th quarter. First Horizon Advisors Inc. now owns 185 shares of the industrial products company’s stock valued at $52,000 after buying an additional 50 shares in the last quarter. Financial Management Professionals Inc. bought a new position in Kadant in the 4th quarter worth approximately $54,000. SG Americas Securities LLC purchased a new position in Kadant in the 4th quarter valued at approximately $165,000. Finally, Strs Ohio raised its holdings in Kadant by 200.0% during the 4th quarter. Strs Ohio now owns 600 shares of the industrial products company’s stock valued at $168,000 after acquiring an additional 400 shares during the period. Institutional investors own 96.13% of the company’s stock. Kadant Price Performance Kadant stock opened at $279.02 on Monday. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 29.06 and a beta of 1.30. The company has a quick ratio of 1.27, a current ratio of 2.05 and a debt-to-equity ratio of 0.39. The business has a 50-day simple moving average of $298.69 and a 200 day simple moving average of $287.55. Kadant Inc. has a 52 week low of $186.99 and a 52 week high of $354.02. Kadant (NYSE:KAI – Get Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $2.38 EPS for the quarter, topping the consensus estimate of $1.96 by $0.42. The company had revenue of $248.98 million during the quarter, compared to analyst estimates of $245.56 million. Kadant had a return on equity of 15.60% and a net margin of 11.53%. Kadant’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.40 earnings per share. On average, research analysts forecast that Kadant Inc. will post 10.01 earnings per share for the current fiscal year. Kadant Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Stockholders of record on Thursday, July 11th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Thursday, July 11th. Kadant’s dividend payout ratio (DPR) is currently 13.33%. Wall Street Analyst Weigh In KAI has been the topic of a number of analyst reports. William Blair reiterated an “outperform” rating on shares of Kadant in a research note on Tuesday, April 30th. Barrington Research reaffirmed an “outperform” rating and set a $360.00 target price on shares of Kadant in a report on Monday, April 29th. Check Out Our Latest Research Report on Kadant Insider Activity In related news, Director Jonathan W. Painter sold 7,000 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $330.25, for a total value of $2,311,750.00. Following the completion of the transaction, the director now directly owns 7,615 shares in the company, valued at $2,514,853.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Jonathan W. Painter sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $330.25, for a total value of $2,311,750.00. Following the completion of the sale, the director now owns 7,615 shares in the company, valued at approximately $2,514,853.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas C. Leonard sold 217 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $323.81, for a total transaction of $70,266.77. Following the transaction, the director now owns 11,080 shares in the company, valued at $3,587,814.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,798 shares of company stock worth $2,899,004. 1.40% of the stock is currently owned by corporate insiders. About Kadant (Free Report) Kadant Inc supplies technologies and engineered systems worldwide. It operates in 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, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. See Also Five stocks we like better than Kadant Using the MarketBeat Stock Split Calculator MarketBeat Week in Review – 5/13 – 5/17 High Flyers: 3 Natural Gas Stocks for March 2022 Take-Two Interactive Software Offers 2nd Chance for Investors The How And Why of Investing in Oil Stocks Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
Amalgamated Bank Decreases Stock Position in Kadant Inc. (NYSE:KAI)
Amalgamated Bank lessened its position in shares of Kadant Inc. (NYSE:KAI – Free Report) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,690 shares of the industrial products company’s stock after selling 66 shares during the period. Amalgamated Bank’s holdings in Kadant were worth $474,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made changes to their positions in KAI. Headinvest LLC purchased a new stake in Kadant during the third quarter valued at about $25,000. First Horizon Advisors Inc. lifted its stake in shares of Kadant by 37.0% during the 4th quarter. First Horizon Advisors Inc. now owns 185 shares of the industrial products company’s stock valued at $52,000 after buying an additional 50 shares in the last quarter. Financial Management Professionals Inc. bought a new position in Kadant in the 4th quarter worth approximately $54,000. SG Americas Securities LLC purchased a new position in Kadant in the 4th quarter valued at approximately $165,000. Finally, Strs Ohio raised its holdings in Kadant by 200.0% during the 4th quarter. Strs Ohio now owns 600 shares of the industrial products company’s stock valued at $168,000 after acquiring an additional 400 shares during the period. Institutional investors own 96.13% of the company’s stock. Kadant Price Performance Kadant stock opened at $279.02 on Monday. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 29.06 and a beta of 1.30. The company has a quick ratio of 1.27, a current ratio of 2.05 and a debt-to-equity ratio of 0.39. The business has a 50-day simple moving average of $298.69 and a 200 day simple moving average of $287.55. Kadant Inc. has a 52 week low of $186.99 and a 52 week high of $354.02. Kadant (NYSE:KAI – Get Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $2.38 EPS for the quarter, topping the consensus estimate of $1.96 by $0.42. The company had revenue of $248.98 million during the quarter, compared to analyst estimates of $245.56 million. Kadant had a return on equity of 15.60% and a net margin of 11.53%. Kadant’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.40 earnings per share. On average, research analysts forecast that Kadant Inc. will post 10.01 earnings per share for the current fiscal year. Kadant Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Stockholders of record on Thursday, July 11th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Thursday, July 11th. Kadant’s dividend payout ratio (DPR) is currently 13.33%. Wall Street Analyst Weigh In KAI has been the topic of a number of analyst reports. William Blair reiterated an “outperform” rating on shares of Kadant in a research note on Tuesday, April 30th. Barrington Research reaffirmed an “outperform” rating and set a $360.00 target price on shares of Kadant in a report on Monday, April 29th. Check Out Our Latest Research Report on Kadant Insider Activity In related news, Director Jonathan W. Painter sold 7,000 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $330.25, for a total value of $2,311,750.00. Following the completion of the transaction, the director now directly owns 7,615 shares in the company, valued at $2,514,853.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Jonathan W. Painter sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $330.25, for a total value of $2,311,750.00. Following the completion of the sale, the director now owns 7,615 shares in the company, valued at approximately $2,514,853.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas C. Leonard sold 217 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $323.81, for a total transaction of $70,266.77. Following the transaction, the director now owns 11,080 shares in the company, valued at $3,587,814.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,798 shares of company stock worth $2,899,004. 1.40% of the stock is currently owned by corporate insiders. About Kadant (Free Report) Kadant Inc supplies technologies and engineered systems worldwide. It operates in 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, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. See Also Five stocks we like better than Kadant Using the MarketBeat Stock Split Calculator MarketBeat Week in Review – 5/13 – 5/17 High Flyers: 3 Natural Gas Stocks for March 2022 Take-Two Interactive Software Offers 2nd Chance for Investors The How And Why of Investing in Oil Stocks Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
05/17 13:06 EST - zacks.com
Kadant (KAI) Authorizes $50M Worth of Share Buyback Program
Kadant (KAI) rewards shareholders with a share buyback program worth $50 million.
Kadant (KAI) Authorizes $50M Worth of Share Buyback Program
Kadant (KAI) rewards shareholders with a share buyback program worth $50 million.
05/16 16:16 EST - globenewswire.com
Kadant Authorizes Share Repurchase
WESTFORD, Mass., May 16, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $50 million of its equity securities effective May 16, 2024 through May 16, 2025. Repurchases may be made in public or private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans. The timing and amount of any repurchases will be at the discretion of Company management and will be based on market conditions and other considerations, including limitations contained in our credit agreement entered into on March 1, 2017, as amended and restated. The Company has not repurchased any shares of its common stock under the $50 million authorization that will expire on May 18, 2024.
Kadant Authorizes Share Repurchase
WESTFORD, Mass., May 16, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $50 million of its equity securities effective May 16, 2024 through May 16, 2025. Repurchases may be made in public or private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans. The timing and amount of any repurchases will be at the discretion of Company management and will be based on market conditions and other considerations, including limitations contained in our credit agreement entered into on March 1, 2017, as amended and restated. The Company has not repurchased any shares of its common stock under the $50 million authorization that will expire on May 18, 2024.
05/01 17:05 EST - seekingalpha.com
Kadant Inc. (KAI) Q1 2024 Earnings Call Transcript
Kadant Inc. (NYSE:KAI ) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Michael McKenney - EVP and CFO Jeffrey Powell - President and CEO Conference Call Participants Ross Sparenblek - William Blair Kurt Yinger - D.A. Davidson Gary Prestopino - Barrington Research Operator Good day, and thank you for standing by.
Kadant Inc. (KAI) Q1 2024 Earnings Call Transcript
Kadant Inc. (NYSE:KAI ) Q1 2024 Earnings Conference Call May 1, 2024 11:00 AM ET Company Participants Michael McKenney - EVP and CFO Jeffrey Powell - President and CEO Conference Call Participants Ross Sparenblek - William Blair Kurt Yinger - D.A. Davidson Gary Prestopino - Barrington Research Operator Good day, and thank you for standing by.
04/30 16:21 EST - globenewswire.com
Kadant Reports First Quarter 2024 Results
WESTFORD, Mass., April 30, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 30, 2024.
Kadant Reports First Quarter 2024 Results
WESTFORD, Mass., April 30, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 30, 2024.
04/25 15:12 EST - globenewswire.com
Kadant to Hold Earnings Conference Call on Wednesday, May 1, 2024
WESTFORD, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 first quarter results after the market closes on Tuesday, April 30, 2024 and will hold a webcast the next day, Wednesday, May 1, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its first quarter financial performance and future expectations.
Kadant to Hold Earnings Conference Call on Wednesday, May 1, 2024
WESTFORD, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 first quarter results after the market closes on Tuesday, April 30, 2024 and will hold a webcast the next day, Wednesday, May 1, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its first quarter financial performance and future expectations.
03/14 00:09 EST - seekingalpha.com
Kadant: More Growth On The Horizon After Digesting Acquisition Costs
Kadant has experienced significant share price growth over the past year, five years, and a decade. That growth should continue after a lull in 2024, as it digests new acquisitions. KAI has a solid growth strategy, including acquisitions, international expansion, and a focus on parts and consumables sales.
Kadant: More Growth On The Horizon After Digesting Acquisition Costs
Kadant has experienced significant share price growth over the past year, five years, and a decade. That growth should continue after a lull in 2024, as it digests new acquisitions. KAI has a solid growth strategy, including acquisitions, international expansion, and a focus on parts and consumables sales.
03/11 09:11 EST - zacks.com
5 Stocks to Watch on Their Recent Dividend Hikes
Investors may keep a tab on stocks like KAI, ROST, WM, EGLE and DELL, which have lately hiked their dividend payments.
5 Stocks to Watch on Their Recent Dividend Hikes
Investors may keep a tab on stocks like KAI, ROST, WM, EGLE and DELL, which have lately hiked their dividend payments.
03/04 05:39 EST - seekingalpha.com
Colgate-Palmolive, Dollar General Among 10 Dividend Growth Companies Announcing Increases In March
Colgate-Palmolive, Dollar General Among 10 Dividend Growth Companies Announcing Increases In March
Colgate-Palmolive, Dollar General Among 10 Dividend Growth Companies Announcing Increases In March
Colgate-Palmolive, Dollar General Among 10 Dividend Growth Companies Announcing Increases In March
02/15 21:07 EST - seekingalpha.com
Kadant Inc. (KAI) Q4 2023 Earnings Call Transcript
Kadant Inc. (KAI) Q4 2023 Earnings Call Transcript
Kadant Inc. (KAI) Q4 2023 Earnings Call Transcript
Kadant Inc. (KAI) Q4 2023 Earnings Call Transcript