Kadant Stock Price, News & Analysis

Kadant Inc. (NYSE: KAI) has announced a new share repurchase program authorized by its Board of Directors. The program allows for the repurchase of up to $50 million of equity securities between May 15, 2025 and May 15, 2026. The repurchases can be executed through both public and private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans. The timing and volume of repurchases will be determined by management based on market conditions and credit agreement limitations. Notably, the company has not utilized its previous $50 million authorization set to expire on May 16, 2025.

Kadant Inc. (NYSE: KAI) has announced a quarterly cash dividend of $0.34 per share. The dividend will be paid on August 7, 2025 to stockholders of record as of the close of business on July 10, 2025. The company noted that future dividend declarations will require Board approval and may be adjusted based on business needs or market conditions.

Kadant reported mixed Q1 2025 financial results with some growth in key areas despite market challenges. Bookings increased 3% to $256 million, while revenue decreased 4% to $239 million compared to 2024.

Notable highlights include:

• Gross margin improved by 150 basis points to 46.1%
• Net income declined 3% to $24 million
• GAAP EPS decreased to $2.04 from $2.10
• Free cash flow grew 15% to $19 million

The company revised its 2025 guidance downward, citing geopolitical uncertainties and tariff impacts. New revenue guidance is $1.02-1.04 billion, down from $1.04-1.065 billion. Adjusted EPS forecast lowered to $9.05-9.25 from $9.70-10.05. Additional tariff costs of $5-6 million are expected to impact earnings by $0.32-0.39 per share in 2025.

Kadant Inc. (NYSE: KAI) has scheduled its 2025 first quarter earnings release and conference call. The company will release Q1 2025 results after market close on Tuesday, April 29, 2025, followed by a webcast on Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time.

The earnings discussion will be accessible through the 'Investors' section of Kadant's website. Participants wanting to join the Q&A session must pre-register to receive a dial-in number and unique PIN. A replay of the webcast will remain available on the company website until May 30, 2025.

Kadant Inc. (NYSE: KAI) has announced an increase in its quarterly cash dividend. The company's Board of Directors has approved a dividend payment of $0.34 per share, which will be distributed to stockholders on May 7, 2025. To be eligible for this dividend, investors must be stockholders of record by the close of business on April 9, 2025. The company notes that future dividend declarations will require Board approval and may be subject to adjustments based on business needs or market conditions.

Kadant Inc. (NYSE: KAI) reported its Q4 and fiscal year 2024 results. Q4 revenue increased 8% to $258 million, while net income decreased 12% to $24 million. Q4 GAAP EPS fell 12% to $2.04, and adjusted EPS decreased 7% to $2.25.

For fiscal year 2024, the company achieved record results with revenue up 10% to $1.05 billion, though net income decreased 4% to $112 million. Adjusted EBITDA increased 14% to a record $230 million, representing 21.8% of revenue. Bookings increased 7% to a record $981 million.

Looking ahead to 2025, Kadant expects revenue between $1.040 to $1.065 billion and adjusted EPS of $9.70 to $10.05. The guidance includes a negative effect from foreign currency translation compared to 2024, impacting revenue by $23 million and adjusted EPS by $0.32.

Kadant Inc. (NYSE: KAI) has announced it will release its 2024 fourth quarter and full-year financial results after market close on Wednesday, February 12, 2025. The company will host a webcast conference call the following day, Thursday, February 13, 2025, at 11:00 a.m. Eastern Standard Time.

During the call, management will discuss the company's Q4 and full-year financial performance and future expectations. Interested participants can access the webcast through the 'Investors' section of Kadant's website. Those wishing to participate in the Q&A session must register in advance to receive a dial-in number and unique PIN. A replay of the webcast will be available on the company's website until March 14, 2025.

Kadant Inc. (NYSE: KAI) has achieved a significant milestone by being named one of America's Most Responsible Companies 2025 by Newsweek magazine for the fifth consecutive year. The recognition is based on the company's performance in Environmental, Social, and Corporate Governance (ESG) factors.

The selection process involved evaluating publicly available key performance indicators from various corporate reports and conducting an independent survey of U.S. citizens regarding their perception of companies' corporate social responsibility activities. Kadant was selected among 600 companies across 14 industry categories that demonstrated the highest scores in corporate responsibility.

Jeffrey L. Powell, president and CEO of Kadant, highlighted the company's commitment to Sustainable Industrial Processing®, noting the positive impact these initiatives have had on their customers. The recognition reinforces Kadant's ongoing dedication to responsible corporate practices and sustainability leadership.

Kadant (NYSE: KAI) has been recognized as one of America's Greenest Companies 2025 by Newsweek magazine, joining a prestigious list of 500 companies acknowledged for their dedication to environmental resource preservation. The recognition highlights Kadant's commitment to Sustainable Industrial Processing®.

Jeffrey L. Powell, president and CEO, emphasized that providing customers with resource-efficient solutions is fundamental to their value proposition, noting that sustainability-driven innovation has enabled Kadant to deliver exceptional value to stakeholders. The ranking process involved analyzing data from both public and private U.S.-based companies.