Kadant Inc. (KAI)
Market Cap | 2.40B |
Revenue (ttm) | 904.74M |
Net Income (ttm) | 120.93M |
Shares Out | 11.67M |
EPS (ttm) | 10.35 |
PE Ratio | 19.74 |
Forward PE | 20.62 |
Dividend | $1.04 (0.50%) |
Ex-Dividend Date | Jan 4, 2023 |
Volume | 14,014 |
Open | 205.90 |
Previous Close | 204.31 |
Day's Range | 203.90 - 206.97 |
52-Week Range | 154.19 - 221.27 |
Beta | 1.21 |
Analysts | Buy |
Price Target | 215.56 (+4.54%) |
Earnings Date | May 1, 2023 |
About KAI
Kadant Inc. supplies technologies and engineered systems worldwide. It operates through 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, shower and fabric-conditioning systems, forma... [Read more]
Financial Performance
In 2022, Kadant's revenue was $904.74 million, an increase of 15.02% compared to the previous year's $786.58 million. Earnings were $120.93 million, an increase of 43.89%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for KAI stock is "Buy." The 12-month stock price forecast is $215.56, which is an increase of 4.54% from the latest price.
News

Kadant Named to Newsweek's List of America's Greatest Workplaces for Diversity 2023
WESTFORD, Mass., March 22, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it was recognized as one of "America's Greatest Workplaces for Diversity 2023" by Newsweek magazine. The recogniti...

Kadant Releases its 2022 Corporate Sustainability Report
WESTFORD, Mass., March 16, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) released its 2022 corporate sustainability report, which can be viewed at www.kadant.com/about-us/sustainability. The report...

Kadant Declares Cash Dividend
Raises Quarterly Dividend to $0.29 per Share Raises Quarterly Dividend to $0.29 per Share

Kadant (KAI) Q4 Earnings and Revenues Top Estimates
Kadant (KAI) delivered earnings and revenue surprises of 16.50% and 5.49%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Kadant Reports Fourth Quarter and Fiscal Year 2022 Results
WESTFORD, Mass., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 31, 2022.

Kadant to Hold Earnings Conference Call on Thursday, February 16, 2023
WESTFORD, Mass., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 fourth quarter and full-year results after the market closes on Wednesday, February 15, 20...

Kadant Named to Newsweek's List of America's Most Responsible Companies 2023
WESTFORD, Mass., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2023" by Newsweek magazine. This was the third...

Kadant (KAI) Beats Q3 Earnings and Revenue Estimates
Kadant (KAI) delivered earnings and revenue surprises of 13.33% and 3.26%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Kadant Reports Third Quarter 2022 Results
WESTFORD, Mass., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended October 1, 2022.

Kadant to Hold Earnings Conference Call on Wednesday, November 2, 2022
WESTFORD, Mass., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 third quarter results after the market closes on Tuesday, November 1, 2022 and will hold a...

Kadant (KAI) Earnings Expected to Grow: What to Know Ahead of Q3 Release
Kadant (KAI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 Reasons Why Kadant (KAI) Is a Great Growth Stock
Kadant (KAI) could produce exceptional returns because of its solid growth attributes.

Kadant (KAI) Q2 Earnings and Revenues Beat Estimates
Kadant (KAI) delivered earnings and revenue surprises of 13.71% and 1.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Kadant Reports Second Quarter 2022 Results
WESTFORD, Mass., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 2, 2022.

Kadant to Hold Earnings Conference Call on Wednesday, August 3, 2022
WESTFORD, Mass., July 28, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 second quarter results after the market closes on Tuesday, August 2, 2022 and will hold a ...
Final Trades: Occidental, Qualcomm, JPMorgan & more
The "Halftime Report" traders give their top picks to watch for the second half.

Kadant (KAI) Surges 3.4%: Is This an Indication of Further Gains?
Kadant (KAI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Kadant Authorizes Share Repurchase
WESTFORD, Mass., May 19, 2022 (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...

HLIO vs. KAI: Which Stock Should Value Investors Buy Now?
HLIO vs. KAI: Which Stock Is the Better Value Option?

Kadant (KAI) Q1 Earnings and Revenues Top Estimates
Kadant (KAI) delivered earnings and revenue surprises of 9.62% and 5.54%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Kadant Reports First Quarter 2022 Results
Raises Full Year 2022 Earnings Guidance Raises Full Year 2022 Earnings Guidance

Kadant to Hold Earnings Conference Call on Wednesday, May 4, 2022
WESTFORD, Mass., April 28, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 first quarter results after the market closes on Tuesday, May 3, 2022 and will hold a web...

Kadant (KAI) Stock Jumps 3.5%: Will It Continue to Soar?
Kadant (KAI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Kadant Appoints Rebecca Martinez O'Mara to its Board of Directors
WESTFORD, Mass., March 17, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI), a global supplier of technologies and engineered systems, today announced the expansion of the board of directors from six ...

Kadant Releases its 2021 Corporate Sustainability Report
WESTFORD, Mass., March 16, 2022 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) released its 2021 corporate sustainability report, which can be viewed at www.kadant.com/about-us/sustainability. The report...