Kadant (NYSE:KAI – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.850-2.050 for the period, compared to the consensus EPS 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.
Analyst Ratings Changes
Separately, Barrington Research upped their price target on shares of Kadant from $360.00 to $410.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th.
View Our Latest Stock Report on KAI
Kadant Stock Down 1.6 %
Kadant Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Friday, January 10th were paid a dividend of $0.32 per share. The ex-dividend date was Friday, January 10th. This represents a $1.28 annualized dividend and a yield of 0.36%. Kadant’s dividend payout ratio is 13.10%.
Insider Transactions at Kadant
In other Kadant news, Director Rebecca Martinez O’mara sold 300 shares of Kadant stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $392.59, for a total value of $117,777.00. Following the completion of the sale, the director now owns 1,293 shares of the company’s stock, valued at approximately $507,618.87. The trade was a 18.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Thomas C. Leonard sold 152 shares of the business’s stock in a transaction 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 sale, the director now owns 4,250 shares of the company’s stock, valued at approximately $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. Insiders sold 1,052 shares of company stock worth $416,655 over the last quarter. 1.40% of the stock is currently owned by insiders.
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.
Featured Articles
- Five stocks we like better than Kadant
- Earnings Per Share Calculator: How to Calculate EPS
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- The Significance of Brokerage Rankings in Stock Selection
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for Kadant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kadant and related companies with MarketBeat.com's FREE daily email newsletter.