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...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• Founded: 1991
• Employees: 3,000
• Stock Exchange: NYSE
• Ticker Symbol: KAI

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%.

Analyst 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.

Price Target

$215.56

(4.54% upside)

Analyst Consensus: Buy