Kadant Inc. (KAI) Analysts See $0.96 EPS

April 17, 2018 - By Robert Sims

Kadant Inc. (NYSE:KAI) LogoInvestors sentiment decreased to 1.1 in Q4 2017. Its down 0.28, from 1.38 in 2017Q3. It fall, as 14 investors sold Kadant Inc. shares while 54 reduced holdings. 35 funds opened positions while 40 raised stakes. 9.20 million shares or 0.17% more from 9.19 million shares in 2017Q3 were reported.
Renaissance Technology Limited Company invested in 146,399 shares. 91 are owned by Telemus Cap Ltd Llc. Ativo Ltd Limited Liability Company holds 0.34% or 12,809 shares. Virginia Retirement Et Al holds 11,000 shares. Acadian Asset Mngmt Llc invested in 0% or 7,773 shares. Menta Ltd, California-based fund reported 2,877 shares. Federated Invsts Pa has 336 shares for 0% of their portfolio. Stifel Fincl has invested 0% in Kadant Inc. (NYSE:KAI). Amundi Pioneer Asset Mngmt holds 0.01% or 36,279 shares in its portfolio. 28,300 are held by Paradigm Cap Mgmt New York. Oakworth reported 11 shares. Employees Retirement Association Of Colorado owns 4,259 shares. Strs Ohio invested 0% in Kadant Inc. (NYSE:KAI). Aqr Capital Mgmt Lc reported 0.01% stake. Teacher Retirement Of Texas has invested 0% in Kadant Inc. (NYSE:KAI).

Since December 15, 2017, it had 0 buys, and 5 selling transactions for $2.15 million activity. $140,357 worth of Kadant Inc. (NYSE:KAI) was sold by MCKENNEY MICHAEL J on Friday, December 15. Shares for $258,659 were sold by LAMBERT SANDRA L on Monday, March 12.

Analysts expect Kadant Inc. (NYSE:KAI) to report $0.96 EPS on May, 1.They anticipate $0.16 EPS change or 20.00 % from last quarter’s $0.8 EPS. KAI’s profit would be $10.64 million giving it 25.07 P/E if the $0.96 EPS is correct. After having $1.14 EPS previously, Kadant Inc.’s analysts see -15.79 % EPS growth. The stock increased 2.01% or $1.9 during the last trading session, reaching $96.25. About 53,303 shares traded. Kadant Inc. (NYSE:KAI) has risen 62.56% since April 17, 2017 and is uptrending. It has outperformed by 51.01% the S&P500.

Kadant Inc. supplies equipment and components used in papermaking, paper recycling, recycling and waste management, and other process industries worldwide. The company has market cap of $1.07 billion. The firm operates in two divisions, Papermaking Systems and Wood Processing Systems. It has a 35 P/E ratio. The Papermaking Systems segment develops, makes, and markets custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper and balers, and related equipment used in the processing of recyclable and waste materials; and fluid-handling systems used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food.

Kadant Inc. (NYSE:KAI) Institutional Positions Chart

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