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How to buy Kadant (KAI) stocks in Canada

Learn how to easily invest in Kadant stocks.

Kadant Inc
NYSE: KAI - USD
$212.74
+ $0.95 ( + 0.45%)
SPECIALTY INDUSTRIAL MACHINERY

Kadant is a specialty industrial machinery business based in the US. Kadant stocks (KAI.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $178.52 – an increase of 2.84% over the previous week. Kadant employs 2,900 staff and has a trailing 12-month revenue of around $736.5 million.

How to buy shares in Kadant

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – KAI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Kadant stock price (NYSE:KAI)

Use our graph to track the performance of KAI stocks over time.

Kadant shares at a glance

Information last updated 2022-01-25.
Latest market close$211.79
52-week range$128.89 - $240.21
50-day moving average $225.46
200-day moving average $200.27
Wall St. target price$228.67
PE ratio 40.4726
Dividend yield $0.99 (0.48%)
Earnings per share (TTM) $6.54

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Is it a good time to buy Kadant stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Kadant price performance over time

Historical closes compared with the close of $211.79 from 2022-01-25

1 week (2022-01-19) 2.84%
1 month (2021-12-23) -5.52%
3 months (2021-10-26) -2.16%
6 months (2021-07-26) 20.64%
1 year (2021-01-26) 46.88%
2 years (2020-01-24) 93.20%
3 years (2019-01-25) 147.33%
5 years (2017-01-26) 243.54%

Is Kadant under- or over-valued?

Valuing Kadant stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Kadant's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Kadant's P/E ratio

Kadant's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Kadant shares trade at around 40x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Kadant's PEG ratio

Kadant's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.2291. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Kadant's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Kadant's EBITDA

Kadant's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $146.5 million.

The EBITDA is a measure of a Kadant's overall financial performance and is widely used to measure a its profitability.

Kadant financials

Revenue TTM $736.5 million
Operating margin TTM 15.46%
Gross profit TTM $277.3 million
Return on assets TTM 6.95%
Return on equity TTM 1517.57%
Profit margin 10.33%
Book value $46.77
Market capitalisation $2.3 billion

TTM: trailing 12 months

Kadant share dividends

14%

Dividend payout ratio: 14.39% of net profits

Recently Kadant has paid out, on average, around 14.39% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.48% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Kadant shareholders could enjoy a 0.48% return on their shares, in the form of dividend payments. In Kadant's case, that would currently equate to about $0.99 per share.

While Kadant's payout ratio might seem low, this can signify that Kadant is investing more in its future growth.

Kadant's most recent dividend payout was on 3 February 2022. The latest dividend was paid out to all shareholders who bought their shares by 5 January 2022 (the "ex-dividend date").

Have Kadant's shares ever split?

Kadant's shares were split on a 1:5 basis on 12 July 2001. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Kadant shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Kadant shares which in turn could have impacted Kadant's share price.

Kadant share price volatility

Over the last 12 months, Kadant's shares have ranged in value from as little as $128.8937 up to $240.2077. A popular way to gauge a stock's volatility is its "beta".

KAI.US volatility(beta: 1.25)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Kadant's is 1.2539. This would suggest that Kadant's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Kadant overview

Kadant Inc. supplies critical components and engineered systems worldwide. It operates through 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, profiling systems, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company was formerly known as Thermo Fibertek Inc.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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