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

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

Kadant Stock Performance

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

Kadant Announces Dividend

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

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, Director Thomas C. Leonard sold 152 shares of Kadant stock in a transaction dated 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 owns 4,250 shares of the company’s stock, valued at $1,692,392.50. The trade was a 3.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Rebecca Martinez O’mara sold 300 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $392.59, for a total transaction of $117,777.00. Following the transaction, the director now directly owns 1,293 shares of the company’s stock, valued at $507,618.87. This represents a 18.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,052 shares of company stock valued at $416,655. Company insiders own 1.40% of the company’s stock.

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.