Kadant Inc. (KAI)

NYSE: KAI · IEX Real-Time Price · USD
206.20
+1.89 (0.93%)
Mar 30, 2023, 11:12 AM EDT - Market open
0.93%
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]

Sector Industrials
Founded 1991
Employees 3,000
Stock Exchange NYSE
Ticker Symbol KAI
Full Company Profile

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 Statements

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
Stock Forecasts

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...

1 week ago - GlobeNewsWire

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...

1 week ago - GlobeNewsWire

Kadant Declares Cash Dividend

Raises Quarterly Dividend to $0.29 per Share Raises Quarterly Dividend to $0.29 per Share

3 weeks ago - GlobeNewsWire

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?

1 month ago - Zacks Investment Research

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.

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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?

5 months ago - Zacks Investment Research

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.

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

5 months ago - Zacks Investment Research

3 Reasons Why Kadant (KAI) Is a Great Growth Stock

Kadant (KAI) could produce exceptional returns because of its solid growth attributes.

8 months ago - Zacks Investment Research

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?

8 months ago - Zacks Investment Research

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.

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

Final Trades: Occidental, Qualcomm, JPMorgan & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: OXYQCOMJPM
9 months ago - CNBC Television

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.

10 months ago - Zacks Investment Research

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...

11 months ago - GlobeNewsWire

HLIO vs. KAI: Which Stock Should Value Investors Buy Now?

HLIO vs. KAI: Which Stock Is the Better Value Option?

Other symbols: HLIO
11 months ago - Zacks Investment Research

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?

11 months ago - Zacks Investment Research

Kadant Reports First Quarter 2022 Results

Raises Full Year 2022 Earnings Guidance Raises Full Year 2022 Earnings Guidance

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - Zacks Investment Research

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire