KAI Stock News KADANT Stock Price Today Analyst Opinions

Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes. Real-time analyst ratings, insider transactions, earnings data, and more.

In the past three months, Kadant insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $645,028.00 in company stock. This payout ratio is at a healthy, sustainable level, below 75%.

What is Kadant Inc’s stock style?

This is a positive change from Kadant’s previous quarterly dividend of $0.26. This represents a $1.16 annualized dividend and a dividend yield of 0.57%. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

• The technique has proven to be very useful for finding positive surprises.
• EV / Sales ,59x EV / Sales ,37x Nbr of Employees Free-Float 78,8% More FinancialsCompanyKadant Inc. is a global supplier of technologies and engineered systems, which drives sustainable industrial processing.
• Kadant Inc is a global supplier of critical components and engineered systems used in process industries worldwide.
• LLC bought a new position in Kadant during the third quarter worth $2,411,000.

The technique has proven to be very useful for finding positive surprises. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. KAI has a forward dividend yield of 0.58%.SeeKAI’s full dividends and stock split historyon the Dividend tab.

These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends svk markets review south africa received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

Kadant Reports Fourth Quarter and Fiscal Year 2022 Results

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It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. We’d like to share more about how we work and what drives our day-to-day business. CompareKAI’s historical performanceagainst its industry peers and the overall market. Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Kadant saw a decline in short interest during the month of February.

Kadant declared a quarterly dividend on Wednesday, March 8th. Investors of record on Wednesday, April 12th will be given a dividend of $0.29 per share on Wednesday, May 10th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Tuesday, April 11th. This is a boost from the stock’s previous quarterly dividend of $0.26.

Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

Reasons Why Kadant (KAI) Is a Great Growth Stock

Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Kadant issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of $2.08-$2.20 for the period, compared to the consensus estimate of $2.25.

To see all exchange delays and terms of use please see Barchart’s disclaimer. One share of KAI stock can currently be purchased for approximately $198.60. 7 employees have rated Kadant Chief Executive Officer Jonathan W. Painter on Glassdoor.com. Jonathan W. Painter has an approval rating of 76% among the company’s employees. Sign-up to receive the latest news and ratings for Kadant and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of Kadant is 19.43, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.91.

News flow

As of February 15th, there was short interest totaling 212,100 shares, a decline of 5.4% from the January 31st total of 224,100 shares. Based on an average trading volume of 62,400 shares, the days-to-cover ratio is currently 3.4 days. Currently, 1.9% of the shares of the stock are sold short.

The company issued revenue guidance of $217.00 million-$223.00 million, compared to the consensus revenue estimate of $229.85 million. Kadant witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.

A former bank regulator is blowing the whistle on Biden’s frightening plan to take over your money. MarketBeat has tracked 5 news articles for Kadant this week, compared to 1 article https://day-trading.info/ on an average week. Kadant has only been the subject of 1 research reports in the past 90 days. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Kadant Inc is a global supplier of critical components and engineered systems used in process industries worldwide.

Kadant is an industrial company that was established in 1991 as a privately owned subsidiary of Thermo Electron. KAI supplies process and engineering equipment for papermak… 95.84% of the stock of Kadant is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Kadant has a short interest ratio (“days to cover”) of 3.4, which is generally considered an acceptable ratio of short interest to trading volume. Represents the company’s profit divided by the outstanding shares of its common stock.

The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Kadant doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Biden’s disturbing new government program may be worse than Obama’s.

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We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Provide specific products and services to you, such as portfolio management or data aggregation. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.