MQS Management LLC acquired a new stake in shares of Kadant Inc. (NYSE:KAI – Get Rating) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,228 shares of the industrial products company’s stock, valued at approximately $218,000. A number of other […]
Investment analysts at StockNews.com assumed coverage on shares of Kadant (NYSE:KAI – Get Rating) in a research note issued to investors on Thursday. The brokerage set a “buy” rating on the industrial products company’s stock. A number of other research firms have also recently weighed in on KAI. DA Davidson upped their price target on […]
Seaport Res Ptn reaffirmed their neutral rating on shares of Kadant (NYSE:KAI – Get Rating) in a research report sent to investors on Monday, PriceTargets.com reports. Seaport Res Ptn also issued estimates for Kadant’s Q2 2023 earnings at $2.03 EPS, Q3 2023 earnings at $2.17 EPS, Q4 2023 earnings at $2.33 EPS, FY2023 earnings at […]
Kadant (NYSE:KAI – Get Rating) issued an update on its FY23 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $8.90-9.15 for the period, compared to the consensus estimate of $9.00. The company issued revenue guidance of $910-935 million, compared to the consensus revenue estimate of $911.94 million. Kadant also […]
Kadant (NYSE:KAI – Get Rating) issued an update on its second quarter 2023 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.05-$2.15 for the period, compared to the consensus earnings per share estimate of $2.27. The company issued revenue guidance of $230.00 million-$235.00 million, compared to the consensus revenue estimate […]