Kadant Inc. (KAI)

Market Cap	4.08B
Revenue (ttm)	1.03B
Net Income (ttm)	114.96M
Shares Out	11.75M
EPS (ttm)	9.77
PE Ratio	35.52
Forward PE	32.50
Dividend	$1.28 (0.37%)
Ex-Dividend Date	Oct 10, 2024

Volume	92,891
Open	348.02
Previous Close	351.99
Day's Range	345.15 - 354.33
52-Week Range	249.51 - 429.95
Beta	1.25
Analysts	Buy
Price Target	355.00 (+2.29%)
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...

• 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 $355.0, which is an increase of 2.29% from the latest price.

Price Target

$355.0

(2.29% upside)

Analyst Consensus: Buy