Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from Kadant ( (KAI) ) is now available.
On February 12, 2025, Kadant Inc. reported its financial results for the fourth quarter and fiscal year ending December 28, 2024. The results highlighted a record annual revenue of $1.05 billion, driven by strategic acquisitions and stable industrial activity despite economic challenges. The company saw a decrease in net income and operating cash flow for the quarter, but achieved an increase in adjusted EBITDA and bookings. The management credited strong execution and recent acquisitions for the record performance, noting favorable project activity and stable aftermarket parts demand heading into 2025.
More about Kadant
Kadant Inc. operates in the industrial sector, offering products and services that optimize process efficiency and energy conservation for industries such as paper, packaging, and recycling. The company focuses on providing innovative solutions to enhance production and reduce resource consumption.
YTD Price Performance: 5.71%
Average Trading Volume: 102,089
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.33B
Find detailed analytics on KAI stock on TipRanks’ Stock Analysis page.
