Kadant Inc. (KAI)

NYSE: KAI · Real-Time Price · USD
382.50
-5.20 (-1.34%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.34%
Market Cap 4.49B
Revenue (ttm) 1.05B
Net Income (ttm) 111.60M
Shares Out 11.75M
EPS (ttm) 9.48
PE Ratio 40.35
Forward PE 38.48
Dividend $1.28 (0.33%)
Ex-Dividend Date Jan 10, 2025
Volume 238,504
Open 391.32
Previous Close 387.70
Day's Range 378.22 - 391.32
52-Week Range 249.51 - 429.95
Beta 1.28
Analysts Buy
Price Target 355.00 (-7.19%)
Earnings Date Feb 12, 2025

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... [Read more]

Sector Industrials
Founded 1991
Employees 3,500
Stock Exchange NYSE
Ticker Symbol KAI
Full Company Profile

Financial Performance

In 2024, Kadant's revenue was $1.05 billion, an increase of 9.99% compared to the previous year's $957.67 million. Earnings were $111.60 million, a decrease of -3.85%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for KAI stock is "Buy." The 12-month stock price forecast is $355.0, which is a decrease of -7.19% from the latest price.

Price Target
$355.0
(-7.19% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Kadant Set to Join S&P SmallCap 600

NEW YORK , Feb. 13, 2025 /PRNewswire/ -- Kadant Inc. (NYSE: KAI) will replace Inari Medical Inc. (NASD: NARI) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, February 1...

Other symbols: SYK
8 days ago - PRNewsWire

Kadant, Inc. (KAI) Q4 2024 Earnings Call Transcript

Kadant, Inc. (NYSE:KAI) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Michael McKenney - Executive Vice President & Chief Financial Officer Jeffrey Powell - Pres...

8 days ago - Seeking Alpha

Kadant Reports Fourth Quarter and Fiscal Year 2024 Results

WESTFORD, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 28, 2024.

9 days ago - GlobeNewsWire

Kadant to Hold Earnings Conference Call on Thursday, February 13, 2025

WESTFORD, Mass., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 fourth quarter and full-year results after the market closes on Wednesday, February 12, 20...

14 days ago - GlobeNewsWire

Kadant Named One of America's Most Responsible Companies for Fifth Consecutive Year

WESTFORD, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2025" by Newsweek magazine. This was the fifth...

4 weeks ago - GlobeNewsWire

Kadant Named to Newsweek's List of America's Greenest Companies 2025

WESTFORD, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today it was named one of "America's Greenest Companies 2025" by Newsweek magazine. The award recognizes 500 compan...

6 weeks ago - GlobeNewsWire

Kadant Hosts 2024 Investor Day

Event Theme: Pioneering Industrial Solutions for a Sustainable Future Presents New Five-Year Financial Goals

2 months ago - GlobeNewsWire

Kadant Declares Cash Dividend

WESTFORD, Mass., Nov. 14, 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 p...

3 months ago - GlobeNewsWire

Kadant: Favorable Outlook But Share Price Lacks Margin Of Safety (Rating Downgrade)

Kadant's 3Q24 revenue grew 11% to $272 million, driven by acquisitions and strong aftermarket demand. North America remains a key growth driver, bolstered by robust demand. On the other hand, European...

3 months ago - Seeking Alpha

Kadant, Inc. (KAI) Q3 2024 Earnings Call Transcript

Kadant, Inc. (NYSE:KAI) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Michael McKenney - Executive VP & CFO Jeffrey Powell - President, CEO & Director Conference ...

4 months ago - Seeking Alpha

Kadant Reports Third Quarter 2024 Results

WESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 28, 2024.

4 months ago - GlobeNewsWire

Kadant to Host 2024 Investor Day

WESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will host an Investor Day on Thursday, December 12, 2024 at the Lotte New York Palace Hotel in New York City. Th...

4 months ago - GlobeNewsWire

Kadant to Hold Earnings Conference Call on Wednesday, October 30, 2024

WESTFORD, Mass., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024 and will hold a...

4 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

Kadant Inc (KAI) Q2 2024 Earnings Call Transcript

Kadant Inc (NYSE:KAI) Q2 2024 Results Conference Call July 31, 2024 11:00 AM ET Company Participants Michael McKenney - Executive VP & CFO Jeff Powell - President, CEO & Director Conference Call Part...

7 months ago - Seeking Alpha

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.

7 months ago - GlobeNewsWire

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 w...

7 months ago - GlobeNewsWire

Kadant: Growing E-Commerce, A Circular Economy, And Acquisition Of Dynamic Sealing Technologies

KAI's historical financials have shown consistent revenue growth and robust profitability margins over the past three years. Since 2018, ecommerce sales have been consistently growing. Looking ahead, ...

8 months ago - Seeking Alpha

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 approximatel...

9 months ago - GlobeNewsWire

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 effect...

10 months ago - GlobeNewsWire

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 Ros...

10 months ago - Seeking Alpha

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.

10 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

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 gr...

1 year ago - Seeking Alpha

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

Other symbols: CLDGADIBBYCBCTREESS
1 year ago - Seeking Alpha