Kadant (NYSE:KAI – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.850-2.050 for the period, compared to the consensus estimate of 2.440. The company issued revenue guidance of $235.0 million-$242.0 million, compared to the consensus revenue estimate of $262.0 million. Kadant also updated its FY 2025 guidance to 9.700-10.050 EPS.
Analysts Set New Price Targets
Separately, Barrington Research restated an “outperform” rating and set a $410.00 price target on shares of Kadant in a research report on Friday.
Get Our Latest Stock Report on KAI
Kadant Trading Up 9.6 %
Kadant (NYSE:KAI – Get Free Report) last released its earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.17. Kadant had a net margin of 11.12% and a return on equity of 15.10%. On average, research analysts expect that Kadant will post 10.11 EPS for the current fiscal year.
Insider Activity at Kadant
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 shares were sold at an average price of $398.21, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Fredrik H. Westerhout sold 600 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $397.25, for a total transaction of $238,350.00. Following the transaction, the vice president now directly owns 1,437 shares in the company, valued at $570,848.25. The trade was a 29.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.40% of the stock is currently 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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