KAI: Kadant Inc Stock Price, Quote and News

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Company Summary

Partners Group Holding AG grew its holdings in Kadant by 7.8% in the second quarter. Partners Group Holding AG now owns 3,178 shares of the industrial products company’s stock worth $580,000 after purchasing an additional 230 shares during the period. Finally, Chevy Chase Trust Holdings LLC increased its stake in Kadant by 11.1% in the third quarter. Chevy Chase Trust Holdings LLC now owns 575,067 shares of the industrial products company’s stock valued at $95,927,000 after purchasing an additional 57,365 shares in the last quarter. Institutional investors own 95.84% of the company’s stock.

Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. Real-time analyst ratings, insider transactions, earnings data, and more.

Per-Share Earnings, Actuals and Estimates

Kadant Inc. is a global supplier of technologies and engineered systems, which drives sustainable industrial processing. The Company’s products and services helps to enhancing efficiency, optimizing energy utilization and maximizing productivity in process industries. It enables its customers to reduce waste or generate yield with inputs, particularly fiber, energy and water.

The technique has proven to be very useful for finding positive surprises. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. KAI has a forward dividend yield of 0.58%.SeeKAI’s full dividends and stock split historyon the Dividend tab.

Research & Ratings Kadant Inc.(KAI)

Kadant is an industrial company that was established in 1991 as a privately owned subsidiary of Thermo Electron. KAI supplies process and engineering equipment for papermak… 95.84% of the stock of Kadant is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Kadant has a short interest ratio (“days to cover”) of 3.4, which is generally considered an acceptable ratio of short interest to trading volume. Represents the company’s profit divided by the outstanding shares of its common stock.

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. Based on earnings estimates, Kadant will have a dividend payout ratio of 11.04% next year. This indicates that Kadant will be able to sustain or increase its dividend. Kadant has a dividend yield of 0.51%, which is in the bottom 25% of all stocks that pay dividends.

Flow Control segment provides custom-engineered products, systems… EV / Sales ,59x EV / Sales ,37x Nbr of Employees Free-Float 78,8% More FinancialsCompanyKadant Inc. is a global supplier of technologies and engineered systems, which drives sustainable industrial processing. The Company’s products and services helps to enhancing efficiency, optimizing energy utilization and maximizing productivity in process industries.

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

• Specifically, they have bought $0.00 in company stock and sold $645,028.00 in company stock.
• High-growth stocks tend to represent the technology, healthcare, and communications sectors.
• This is a positive change from Kadant’s previous quarterly dividend of $0.26.
• The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

To see all exchange delays and terms of use please see Barchart’s disclaimer. One share of KAI stock can currently be purchased for approximately $198.60. 7 employees have rated Kadant Chief Executive Officer Jonathan W. Painter on Glassdoor.com. Jonathan W. Painter has an approval rating of 76% among the company’s employees. Sign-up to receive the latest news and ratings for Kadant and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of Kadant is 19.43, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.91.

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Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Kadant issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of $2.08-$2.20 for the period, compared to the consensus estimate of $2.25.

A number of equities research analysts have weighed in on KAI shares. DA Davidson boosted their target price on shares of Kadant from $182.00 to $205.00 in a report on Friday, February 17th. StockNews.com cut shares of Kadant from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Barrington Research reaffirmed an “outperform” rating and set a $229.00 target price on shares of Kadant in a research report on Monday, February 13th. The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 10th. Stockholders of record on Wednesday, April 12th will be given a $0.29 dividend.

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. 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 7.19% from the latest price.

As of February 15th, there was short interest totaling 212,100 shares, a decline of 5.4% from the January 31st total of 224,100 shares. Based on an average trading volume of 62,400 shares, the days-to-cover ratio is currently 3.4 days. Currently, 1.9% of the shares of the stock are sold short.

Services

The company issued revenue guidance of $217.00 million-$223.00 million, compared to the consensus revenue estimate of $229.85 million. Kadant witnessed a jump in share price last session on above-average trading volume. https://day-trading.info/ The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.

Sign Up NowGet this delivered to your inbox, and more info about our products and services. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. There may be delays, omissions, or inaccuracies in the Information. bluefin vs yellow finspread Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

In the past three months, Kadant insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $645,028.00 in company stock. This payout ratio is at a healthy, sustainable level, below 75%.

Investor Services

The firm’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. 2 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Kadant in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should “buy” KAI shares. Several institutional investors and hedge funds have recently made changes to their positions in KAI. Aptus Capital Advisors LLC lifted its stake in Kadant by 6.1% in the third quarter.