Kadant Inc

NYSE KAI

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Kadant Inc Price to Sales Ratio (P/S) on June 03, 2024: 3.36

Kadant Inc Price to Sales Ratio (P/S) is 3.36 on June 03, 2024, a 29.49% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • Kadant Inc 52-week high Price to Sales Ratio (P/S) is 4.19 on February 15, 2024, which is 24.60% above the current Price to Sales Ratio (P/S).
  • Kadant Inc 52-week low Price to Sales Ratio (P/S) is 2.60 on June 05, 2023, which is -22.78% below the current Price to Sales Ratio (P/S).
  • Kadant Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 3.19.
NYSE: KAI

Kadant Inc

CEO Mr. Jeffrey L. Powell
IPO Date Nov. 3, 1992
Location United States
Headquarters One Technology Park Drive, Westford, MA, United States, 01886
Employees 3,400
Sector Industrials
Industry Specialty industrial machinery
Description

Kadant Inc. supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, engineered knife systems, industrial automation and control, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and baling products; and manufactures and sells biodegradable absorbent granules for carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company markets and sells its products, services, and systems through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.

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StockViz Staff

September 20, 2024

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