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

Kadant (NYSE:KAI) posted its earnings results on Wednesday. The industrial products company reported $2.25 earnings per share (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

Shares of Kadant stock opened at $355.15 on Thursday. The firm’s 50 day moving average is $364.65 and its two-hundred day moving average is $348.70. The firm has a market capitalization of $4.17 billion, a P/E ratio of 36.35 and a beta of 1.29. Kadant has a 52 week low of $249.51 and a 52 week high of $429.95. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.37.

Insider Activity

In related news, Director Thomas C. Leonard sold 152 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $398.21, for a total value of $60,527.92. Following the transaction, the director now directly owns 4,250 shares of the company’s stock, valued at approximately $1,692,392.50. The trade was a 3.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Rebecca Martinez O’mara sold 300 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were 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. The trade was a 18.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,052 shares of company stock valued at $416,655 in the last 90 days. Company insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research increased their price target on Kadant from $360.00 to $410.00 and gave the company an “outperform” rating in a research 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.