Kadant (NYSE:KAI) Announces Quarterly Earnings Results

Kadant (NYSE:KAI) announced its earnings results on Wednesday. The industrial products company reported $2.25 earnings per share for the quarter, beating 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

Shares of KAI opened at $355.15 on Thursday. The company’s fifty day moving average price is $364.65 and its 200-day moving average price is $348.70. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.29 and a quick ratio of 1.46. The firm has a market capitalization of $4.17 billion, a PE ratio of 36.35 and a beta of 1.29. Kadant has a 1-year low of $249.51 and a 1-year high of $429.95.

Insider Transactions at Kadant

In other news, VP Fredrik H. Westerhout sold 600 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $397.25, for a total transaction of $238,350.00. Following the completion of the transaction, the vice president now directly owns 1,437 shares of the company’s stock, valued at $570,848.25. This represents a 29.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 1,052 shares of company stock worth $416,655 over the last 90 days. 1.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Barrington Research boosted their price objective on Kadant from $360.00 to $410.00 and gave the company 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.