Kadant (NYSE:KAI – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 9.700-10.050 for the period, compared to the consensus earnings per share estimate of 10.540. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Kadant also updated its Q1 2025 guidance to 1.850-2.050 EPS.
Kadant Price Performance
Shares of NYSE KAI traded up $23.31 during trading on Friday, reaching $377.50. The company had a trading volume of 119,879 shares, compared to its average volume of 91,565. Kadant has a 52 week low of $249.51 and a 52 week high of $429.95. The business’s 50 day moving average price is $363.64 and its 200-day moving average price is $348.74. 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 $4.43 billion, a PE ratio of 38.64 and a beta of 1.29.
Kadant (NYSE:KAI – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $2.25 EPS for the quarter, topping the consensus estimate of $2.08 by $0.17. Kadant had a net margin of 11.12% and a return on equity of 15.10%. Analysts expect that Kadant will post 10.11 earnings per share for the current year.
Analyst Ratings Changes
Get Our Latest Stock Report on Kadant
Insider Buying and Selling at Kadant
In other news, VP Fredrik H. Westerhout sold 600 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $397.25, for a total value of $238,350.00. Following the sale, the vice president now owns 1,437 shares of the company’s stock, valued at $570,848.25. The trade was a 29.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Thomas C. Leonard sold 152 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $398.21, for a total transaction of $60,527.92. Following the completion of the sale, the director now directly owns 4,250 shares in the company, valued at approximately $1,692,392.50. This represents a 3.45 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.40% of the company’s stock.
About Kadant
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.
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