Kadant Inc. (KAI)

Market Cap	4.61B
Revenue (ttm)	1.03B
Net Income (ttm)	114.96M
Shares Out	11.75M
EPS (ttm)	9.77
PE Ratio	40.19
Forward PE	38.98
Dividend	$1.28 (0.33%)
Ex-Dividend Date	Oct 10, 2024

Volume	80,679
Open	395.82
Previous Close	395.71
Day's Range	384.21 - 395.82
52-Week Range	249.51 - 422.54
Beta	1.21
Analysts	Buy
Price Target	330.00 (-15.96%)
Earnings Date	Oct 29, 2024

About KAI

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, fo...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 1991
• Employees: 3,100
• Stock Exchange: NYSE
• Ticker Symbol: KAI
• Website: https://www.kadant.com

Financial Performance

In 2023, Kadant's revenue was $957.67 million, an increase of 5.85% compared to the previous year's $904.74 million. Earnings were $116.07 million, a decrease of -4.02%.

Analyst Forecast

According to 2 analysts, the average rating for KAI stock is "Buy." The 12-month stock price forecast is $330.0, which is a decrease of -15.96% from the latest price.

Price Target

$330.0

(-15.96% downside)

Analyst Consensus: Buy