How to Buy Kadant Stock
Kadant Inc
Kadant is a specialty industrial machinery company located in Massachusetts, United States, which is part of the Industrials sector, and is traded under the ticker KAI on the NYSE exchange.
Kadant stock last closed at $282.37, up 1% from the previous day, and has increased 53.45% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.2 percentage points. Kadant stock is currently +53.74% from its 52-week low of $183.67, and -20.24% from its 52-week high of $354.02.
As of Apr 26, 2024, there are 11.72M shares of KAI outstanding. The market cap of KAI is $3.31B. In the last 24 hours, 63,707 KAI shares were traded.
How to Buy Kadant Stock
Wondering how to invest in Kadant stock? Here's how.
- Choose where to buy Kadant stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Kadant stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Analyze Kadant stock: The Kadant ticker symbol is KAI. Is Kadant stock a good investment? Should you buy shares of KAI? How do KAI's underlying business fundamentals look? Do top analysts think Kadant is a good buy? Why has KAI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if KAI is a good stock to buy).
- Place your KAI buy order: Decide if you will purchase KAI shares at the current market price or use a limit order to buy KAI stock at a given price.
- Monitor your KAI investment: Create a watchlist to keep tabs on your new investment in Kadant shares.
Step 1: Choose where to buy Kadant stock
You need an online brokerage account in order to access the NYSE market and buy KAI shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. Here's why:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you are able to invest in KAI stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on investing apps, you need to deposit funds:
Check out the video below if you need help transferring funds into your investment account.
Step 4: Analyze Kadant stock
Once you have chosen the best place to buy Kadant stock, it's absolutely critical to evaluate their stock before you invest, so you can comprehend the risk as well as the upside.
Kadant quick stats
KAI Overview
WallStreetZen was built to help average investors do better fundamental analysis in less time.
You can see all of the due diligence checks on KAI's stock page.
Is KAI stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KAI's true value.
Using relative valuations metrics:
- KAI could be undervalued based on its P/E ratio of 28.46x, relative to Specialty Industrial Machinery industry P/E ratio of 33.07x
- KAI may be undervalued based on its P/B ratio of 4.28x, relative to Specialty Industrial Machinery industry P/B ratio of 4.98x
- KAI could be overvalued based on its PEG ratio of 3.07x
You can do more valuation research on KAI's stock here.
KAI Financial Health
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the KAI balance sheet.
- Total KAI debt is lower than 5 years ago, relative to shareholder equity.
- KAI earnings of $166.68M is not sufficient to cover its interest payments.
- KAI's operating cash flow of $165.55M allows it to safely service it's debt of $110.88M.
- There are more short-term assets than long-term liabilities on the KAI balance sheet.
Negative Health Checks:
- KAI profit margin has gone down from 13.4% to 12.1% in the past year.
- KAI has a relatively high debt to equity ratio of 0.52.
Is it a good time to buy KAI stock, according to Wall Street analysts?
Out of 1 Equities analysts who track KAI, the consensus analyst rating on KAI is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Kadant stock forecast page.
KAI Momentum
KAI Growth Numbers
Last year, KAI earnings were $116.07M. Over the last 5 year, KAI's earnings have gone up by 12.73% per year. This was faster than the Specialty Industrial Machinery industry average of -0.27%.
Last year, KAI revenue was $957.67M. During the past five year, KAI's revenue has increased by 8.61% per year. This was faster than the Specialty Industrial Machinery industry average of 3.97%.
Learn more about KAI's earnings and revenue performance here.
What are KAI executives and large shareholders up to?
In the past year, insiders at KAI have sold more shares than they have bought.
Stacy D. Krause, SVP GC and Secretary of KAI, was the latest KAI insider to sell. They sold $288,087.00 worth of KAI shares on Mar 21, 2024.
Get more info about who owns KAI stock here.
Can I rely on KAI as an income stream?
Kadant pays a dividend of 0.42%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.29%. If you owned $1,000 of KAI stock, you would have been paid $4.21 in the past year.
Kadant dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Kadant dividend yield and history here.
KAI Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your KAI buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open button and eToro will place your order.
If you require more assistance buying stocks on eToro, click the how to video below:
Step 6: Monitor your KAI investment
Now that you own some KAI stock, you'll want to stay up-to-date on your new shares.
Create a watchlist to keep track of your KAI stock.
KAI Feed
How to Buy Stock in Kadant
To reiterate, here are the 6 steps to buy Kadant stock:
- Choose where to buy Kadant stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Kadant stock
- Place your KAI buy order
- Monitor your KAI investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Kadant, hit the button below to create your watchlist.
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