On November 18, 2024, Fredrik Westerhout, Vice President of Kadant Inc's subsidiary, sold 600 shares of Kadant Inc (KAI, Financial). Following this transaction, the insider now owns 1,437 shares of the company. The details of this transaction can be found in the SEC Filing.
Kadant Inc is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The company operates through three segments: Papermaking Systems, Wood Processing Systems, and Material Handling Systems. Kadant Inc's products are used in industries such as paper, packaging, and recycling.
Over the past year, Fredrik Westerhout has sold a total of 600 shares and has not purchased any shares. The insider transaction history for Kadant Inc indicates that there have been 0 insider buys and 17 insider sells over the past year.
On the day of the recent sale, shares of Kadant Inc were trading at $397.25, giving the stock a market cap of $4,647.742 million. The company's price-earnings ratio is 40.50, which is higher than the industry median of 24.88 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $397.25 and a GF Value of $251.81, Kadant Inc has a price-to-GF-Value ratio of 1.58, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
