Kadant (NYSE:KAI – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 9.700-10.050 for the period, compared to the consensus earnings per share estimate of 10.540. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Kadant also updated its Q1 2025 guidance to 1.850-2.050 EPS.
Kadant Trading Up 2.6 %
Shares of KAI stock traded up $9.43 on Thursday, hitting $366.27. 61,200 shares of the company’s stock traded hands, compared to its average volume of 89,535. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.46 and a current ratio of 2.29. Kadant has a one year low of $249.51 and a one year high of $429.95. The company’s fifty day simple moving average is $364.65 and its 200 day simple moving average is $348.70. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 37.49 and a beta of 1.29.
Kadant (NYSE:KAI – Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.08 by $0.17. Kadant had a net margin of 11.12% and a return on equity of 15.10%. Equities analysts forecast that Kadant will post 10.11 EPS for the current year.
Wall Street Analysts Forecast Growth
Insider Transactions at Kadant
In other news, VP Fredrik H. Westerhout sold 600 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $397.25, for a total value of $238,350.00. Following the completion of the sale, the vice president now directly owns 1,437 shares of the company’s stock, valued at approximately $570,848.25. This trade represents a 29.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Rebecca Martinez O’mara sold 300 shares of the firm’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 completion of the sale, the director now directly owns 1,293 shares of the company’s stock, valued at approximately $507,618.87. This represents a 18.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,052 shares of company stock valued at $416,655. Company insiders own 1.40% of the company’s stock.
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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