Kadant (KAI) Expected to Announce Quarterly Earnings on Tuesday

Kadant (NYSE:KAI - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect Kadant to post earnings of $1.97 per share and revenue of $239.41 million for the quarter. Kadant has set its Q1 2025 guidance at 1.850-2.050 EPS and its FY 2025 guidance at 9.700-10.050 EPS.

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, beating the consensus estimate of $2.08 by $0.17. Kadant had a return on equity of 14.66% and a net margin of 10.59%. On average, analysts expect Kadant to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Kadant Stock Performance

Shares of KAI traded down $4.31 during trading hours on Friday, hitting $311.40. The company had a trading volume of 100,771 shares, compared to its average volume of 107,865. The business has a fifty day moving average of $340.03 and a 200-day moving average of $357.58. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.37. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 32.85 and a beta of 1.24. Kadant has a 12 month low of $249.51 and a 12 month high of $429.95.

Kadant Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 9th will be issued a $0.34 dividend. This is a boost from Kadant's previous quarterly dividend of $0.32. This represents a $1.36 annualized dividend and a yield of 0.44%. The ex-dividend date is Wednesday, April 9th. Kadant's dividend payout ratio is currently 14.35%.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reissued an "outperform" rating and set a $410.00 price target on shares of Kadant in a report on Friday.

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.