Kadant Inc. (KAI)

Market Cap	4.18B
Revenue (ttm)	976.89M
Net Income (ttm)	112.68M
Shares Out	11.74M
EPS (ttm)	9.60
PE Ratio	37.07
Forward PE	34.90
Dividend	$1.28 (0.36%)
Ex-Dividend Date	Jul 11, 2024

Volume	49,183
Open	351.11
Previous Close	346.08
Day's Range	351.11 - 356.62
52-Week Range	196.99 - 356.15
Beta	1.24
Analysts	Buy
Price Target	360.00 (+1.17%)
Earnings Date	Jul 30, 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

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 one analyst, the rating for KAI stock is "Buy" and the 12-month stock price forecast is $360.0.

Price Target

$360.0

(1.17% upside)

Analyst Consensus: Buy