Kadant (NYSE:KAI – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.700-10.050 for the period, compared to the consensus 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 Stock Performance
KAI traded down $6.00 during midday trading on Wednesday, hitting $358.35. 102,252 shares of the company were exchanged, compared to its average volume of 90,555. Kadant has a 1-year low of $249.51 and a 1-year high of $429.95. The company has a current ratio of 2.29, a quick ratio of 1.46 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 36.68 and a beta of 1.29. The company’s 50 day simple moving average is $365.70 and its 200 day simple moving average is $348.63.
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 return on equity of 15.10% and a net margin of 11.12%. As a group, sell-side analysts predict that Kadant will post 10.11 earnings per share for the current year.
Kadant Dividend Announcement
Wall Street Analysts Forecast Growth
Separately, Barrington Research lifted their target price on Kadant from $360.00 to $410.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th.
Check Out Our Latest Research Report on Kadant
Insider Buying and Selling
In other Kadant news, Director Rebecca Martinez O’mara sold 300 shares of the business’s 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 owns 1,293 shares in the company, valued at $507,618.87. The trade was a 18.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas C. Leonard sold 152 shares of the firm’s 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. This represents a 3.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,052 shares of company stock valued at $416,655. 1.40% of the stock is owned by insiders.
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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