Argus lowers Kadant target to USD 294: Kadant stock sits 24.88 percent below its high

Published on 10/20/2026 at 20:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Argus lowered its target to USD 294 on October 14, 2026, for Kadant. Kadant stock costs EUR 237.00 on October 20, 2026 at 8:30 p.m. CEST.

Analyst target and reporting date

Argus lowered its Kadant target to USD 294 on October 14, 2026.
Kadant is scheduled to report September 2026 results on October 27, 2026.
Kadant stock costs EUR 237.00 at Lang & Schwarz on October 20, 2026 at 8:30 p.m. CEST.

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Argus lowered its Kadant target to USD 294 on October 14, 2026, according to Yahoo Finance. Kadant stock was trading at EUR 237.00 at Lang & Schwarz on October 20, 2026 at 8:30 p.m. CEST.

Target remains above the quote

The USD 294 target is 10.53 percent above Kadant's USD 265.98 NYSE quote on October 20, 2026 at 2:32 p.m. EDT. The target is lower than the USD 335 to USD 380 range reported for other current analyst estimates, which leaves a wide spread in expectations.

The latest reported operating figures came from the second quarter ended July 4, 2026. Kadant generated USD 312.875 million in revenue, net income attributable to common shareholders of USD 32.468 million and diluted earnings per share of USD 2.75. Operating margin was 16.00 percent.

Stock near the lower range

MetaCap placed Kadant's October 20, 2026 NYSE quote at USD 265.98, with a 52-week range of USD 244.87 to USD 354.07. The stock stood 24.88 percent below its high and 8.62 percent above its low. Its market capitalization was USD 3.14 billion and its trailing price-to-earnings ratio was 28.60.

The company is scheduled to report September 2026 results on October 27, 2026, with a consensus earnings-per-share estimate of USD 3.00, according to MetaCap. Kadant's investor-relations page identifies the company as a supplier of technologies and engineered systems for process industries and lists approximately 4,000 employees in 22 countries.

Comparison with peers

Kadant: 0.85 percent, price-to-earnings ratio 28.60, market capitalization USD 3.14 billion.

Miller Industries (NYSE, USD): plus 1.24 percent, price-to-earnings ratio 42.02, market capitalization USD 591.4 million.

Matson (NYSE, USD): plus 3.58 percent, price-to-earnings ratio 16.01, market capitalization USD 7.18 billion.

Valuation and next date

Kadant's valuation sits below Miller Industries' multiple but above Matson's, while its market value is between those two companies. The October 27 reporting date is the next concrete checkpoint for testing whether the second-quarter revenue growth can continue.

EUR quote stays below the high

Kadant was trading at EUR 237.00 at Lang & Schwarz on October 20, 2026 at 8:30 p.m. CEST. The NYSE quote was USD 265.98 on October 20, 2026 at 2:32 p.m. EDT, while the 52-week high stood at USD 354.07.

The further course of trading is shown by the continuously updated real-time quote of Kadant stock.