MARKET COMPOSITE
KAI - Kadant, Inc.7:16:31 PM 4/16/2024
Price
$290.31
-0.61 (-0.21%)
Kadant Inc. is a company that was established in 1991 as a partly privately owned subsidiary of Thermo Electron, and partly publicly traded company, and was fully spun out and renamed Kadant in 2001. The company focuses on papermaking, paper recycling, and other processing industries over the United States, China, and Europe. Kadant has operations in North America, South America, Europe, and Asia. The company was established as Thermo Fibrotek in 1991 as a wholly owned subsidiary of Thermo Electron as part of its parent's strategy to innovate and grow by creating subsidiaries that were privately owned in part, and publicly traded in part. Its initial focus was paper making and paper recycling equipment.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue238.7MM-2%
Gross Profit102MM-
Cost Of Revenue136.7MM-1%
Operating Income39MM-10%
Operating Expenses63MM-
Net Income27.4MM-11%
R&D3.5MM+4%
G&A59.8MM+3%
Interest Expense1.7MM-20%
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Stock news

    Key Insights Kadant's estimated fair value is US$224 based on 2 Stage Free Cash Flow to Equity Current share price of...

    Investors may keep a tab on stocks like KAI, ROST, WM, EGLE and DELL, which have lately hiked their dividend payments.

    Kadant Declares Cash Dividend03-06-2024 21:24:00 PM

    Raises Quarterly Dividend to $0.32 per ShareWESTFORD, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.32 per share to be paid on May 8, 2024 to stockholders of record as of the close of business on April 10, 2024. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change. About Kadant Kadant Inc. is a glob

    Kadant ( NYSE:KAI ) Full Year 2023 Results Key Financial Results Revenue: US$957.7m (up 5.9% from FY 2022). Net income...

    To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...

    Kadant Inc. (NYSE:KAI) Q4 2023 Earnings Call Transcript February 15, 2024 Kadant Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and thank you for standing by. Welcome to the Fourth Quarter 2023 Kadant Earnings Conference Call. [Operator […]

    Q4 2023 Kadant Inc Earnings Call02-16-2024 05:53:15 AM

    Q4 2023 Kadant Inc Earnings Call

    Kadant (KAI) delivered earnings and revenue surprises of 14.76% and 4.89%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

    Despite Net Income Dip, Company Sees Strong Performance in Adjusted Metrics

    Record Revenue and Cash Flow in FY 2023WESTFORD, Mass., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 30, 2023. Fourth Quarter Financial Highlights Revenue increased 3% to $239 million Operating cash flow increased 68% to $59 millionFree cash flow increased 114% to $49 millionNet income increased 5% to $27 millionGAAP EPS increased 4% to $2.33Adjusted EPS increased 3% to $2.41Adjusted EBITDA decrease