Kadant (NYSE:KAI) Issues Earnings Results, Beats Expectations By $0.17 EPS

Kadant (NYSE:KAI) issued its earnings results on Wednesday. The industrial products company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.17, Zacks reports. Kadant had a net margin of 11.12% and a return on equity of 15.10%. Kadant updated its Q1 2025 guidance to 1.850-2.050 EPS and its FY 2025 guidance to 9.700-10.050 EPS.

Kadant Price Performance

NYSE KAI traded down $6.00 during trading hours on Wednesday, reaching $358.35. The company’s stock had a trading volume of 102,252 shares, compared to its average volume of 90,555. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.46 and a current ratio of 2.29. The stock has a market cap of $4.21 billion, a PE ratio of 36.68 and a beta of 1.29. The company’s 50-day moving average is $365.70 and its two-hundred day moving average is $348.63. Kadant has a fifty-two week low of $249.51 and a fifty-two week high of $429.95.

Kadant Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 6th. Investors of record on Friday, January 10th were given a $0.32 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.28 annualized dividend and a dividend yield of 0.36%. Kadant’s dividend payout ratio is presently 13.10%.

Insiders Place Their Bets

In other news, Director Rebecca Martinez O’mara sold 300 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $392.59, for a total value of $117,777.00. Following the sale, the director now directly owns 1,293 shares in the company, valued at $507,618.87. This represents a 18.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas C. Leonard sold 152 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $398.21, for a total value of $60,527.92. Following the sale, the director now directly owns 4,250 shares in the company, valued at approximately $1,692,392.50. The trade was a 3.45 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,052 shares of company stock worth $416,655. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Separately, Barrington Research upped their price target on Kadant from $360.00 to $410.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th.

Kadant Company Profile

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, forming systems and wear surfaces, and water-filtration systems.