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

Kadant (NYSE:KAI) released its quarterly earnings data on Wednesday. The industrial products company reported $2.25 EPS for the quarter, beating 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 Price Performance

NYSE KAI traded up $27.44 during trading on Friday, hitting $381.63. 226,140 shares of the stock traded hands, compared to its average volume of 94,630. The company has a market capitalization of $4.48 billion, a P/E ratio of 39.06 and a beta of 1.29. The firm has a 50-day simple moving average of $363.64 and a 200-day simple moving average of $348.74. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.37. Kadant has a 12-month low of $249.51 and a 12-month high of $429.95.

Insider Buying and Selling at Kadant

In other news, VP Fredrik H. Westerhout sold 600 shares of Kadant stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $397.25, for a total value of $238,350.00. Following the completion of the transaction, the vice president now owns 1,437 shares in the company, valued at approximately $570,848.25. The trade was a 29.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas C. Leonard sold 152 shares of Kadant 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 completion of the transaction, the director now owns 4,250 shares of the company’s stock, valued at approximately $1,692,392.50. This trade represents a 3.45 % decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Barrington Research reissued an “outperform” rating and issued a $410.00 target price on shares of Kadant in a research report on Friday.

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.