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Kadant (KAI) Updates FY13 Earnings Guidance

2013-04-30 04:47:11| Industrial Machines - Topix.net

Kadant issued an update on its FY13 earnings guidance on Monday morning. The company provided earnings per share guidance of $2.00-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.99, Analyst Ratings.Net reports.

Tags: updates guidance earnings kai

Kadant Now Covered by Global Hunter Securities

2013-04-30 00:50:44| Paper - Topix.net

The firm set a "neutral" rating and a $22.00 price target on the stock. Kadant traded down 2.18% on Wednesday, hitting $26.01. Kadant has a one year low of $20.50 and a one year high of $28.74. The stock's 50-day moving average is currently $25.72. The company has a market cap of $290.0 million and a P/E ratio of 9.76. Kadant last issued its ... (more)

Tags: global covered securities hunter

Kadant Now Covered by Global Hunter Securities

2013-04-26 20:43:10| Paper - Topix.net

The firm issued a neutral rating and a $22.00 target price on the stock. Kadant traded down 3.27% on Wednesday, hitting $25.72. Kadant has a 1-year low of $20.50 and a 1-year high of $28.74. The stock's 50-day moving average is currently $25.72. The company has a market cap of $286.7 million and a price-to-earnings ratio of 9.76.

Tags: global covered securities hunter

Kadant Acquires Licensee in Brazil

2013-04-18 11:26:23| Paper - Topix.net

Kadant announced today that it has completed the acquisition of Companhia Brasileira de Tecnologia Industrial for approximately Brazilian reals 16 million in cash, or USD $8 million.

Tags: brazil acquires licensee kadant