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.
Wall Street Analysts Forecast Growth
Separately, Barrington Research boosted their price objective on Kadant from $360.00 to $410.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th.
Kadant Price Performance
Kadant Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 6th. Shareholders of record on Friday, January 10th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.28 dividend on an annualized basis and a yield of 0.36%. Kadant’s dividend payout ratio is presently 13.10%.
Insider Transactions at Kadant
In other Kadant news, Director Rebecca Martinez O’mara sold 300 shares of Kadant stock in a transaction 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 sale, the director now directly owns 1,293 shares in the company, valued at approximately $507,618.87. The trade was a 18.83 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Fredrik H. Westerhout sold 600 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $397.25, for a total transaction of $238,350.00. Following the transaction, the vice president now directly owns 1,437 shares of the company’s stock, valued at $570,848.25. This trade represents a 29.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,052 shares of company stock valued at $416,655 over the last 90 days. Company insiders own 1.40% of the company’s stock.
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.
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