Kyocera (KYO) Forms $56.22 Double Bottom; Kadant Inc. (KAI) Covered By 3 Bulls

Kadant Inc. (NYSE:KAI) Logo

Kyocera Corporation (KYO) formed double bottom with $54.53 target or 3.00% below today’s $56.22 share price. Kyocera Corporation (KYO) has $20.55B valuation. The stock decreased 1.61% or $0.92 during the last trading session, reaching $56.22. About 12,225 shares traded. Kyocera Corporation (NYSE:KYO) has risen 4.00% since June 21, 2017 and is uptrending. It has underperformed by 8.57% the S&P500. Some Historical KYO News: 08/05/2018 – KYOCERA CORP – LICENSE AGREEMENT PROVIDES BOSCH WITH ACCESS TO KYOCERA’S PATENTED HAPTIC FEEDBACK TECHNOLOGY FOR USE IN BOSCH’S AUTOMOTIVE SOLUTIONS; 26/04/2018 – KYOCERA 6971.T 2017/18 GROUP (SEC) OPERATING PROFIT 95.58 BLN YEN (-8.6 %); 14/05/2018 – AVX Celebrates the Continuing Success of the ChemCam on NASA’s Curiosity Rover, Which is Enabled in Part by 630 AVX Capacitors; 08/05/2018 – Bosch to Incorporate Kyocera’s Haptic Feedback Technology in Automotive Applications; 26/04/2018 – Kyocera Corp FY Rev Y1.58T Vs Y1.42T; 04/04/2018 – INTERDIGITAL INC – AGREEMENT COVERS SALES BY KYOCERA CORPORATION AND ITS AFFILIATES OF TERMINAL UNIT PRODUCTS; 06/04/2018 – Kyocera: Licensing Negotiations Have Been Unsuccessful to Date; 27/03/2018 – KYOCERA TCL Solar Begins Operation of Japan’s Largest 13.7MW Floating Solar Power Plant; 04/04/2018 – lnterDigital and Kyocera Corporation Sign Multi-Year Patent License Agreement; 08/05/2018 – KYOCERA CORP – SIGNED A LICENSE AGREEMENT WITH ROBERT BOSCH CAR MULTIMEDIA GMBH

Among 6 analysts covering Kadant (NYSE:KAI), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Kadant had 9 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 18 by Seaport Global. The company was downgraded on Wednesday, August 12 by Zacks. On Friday, August 5 the stock rating was maintained by Barrington Research with “Outperform”. The rating was maintained by Barrington with “Buy” on Monday, April 30. The rating was maintained by Barrington with “Buy” on Tuesday, May 15. The rating was initiated by William Blair with “Market Perform” on Friday, September 16. Macquarie Research initiated the shares of KAI in report on Thursday, October 29 with “Neutral” rating. The rating was downgraded by Sidoti on Tuesday, October 3 to “Neutral”. See Kadant Inc. (NYSE:KAI) latest ratings:

15/05/2018 Broker: Barrington Rating: Buy New Target: $112.0000 Maintain
30/04/2018 Broker: Barrington Rating: Buy New Target: $110.0000 Maintain

Since January 2, 2018, it had 0 insider buys, and 5 sales for $2.20 million activity. $400,047 worth of Kadant Inc. (NYSE:KAI) was sold by LAMBERT SANDRA L. 2,000 shares valued at $188,782 were sold by Tully William P on Wednesday, May 2. Another trade for 7,277 shares valued at $730,435 was sold by Powell Jeffrey L.

Investors sentiment decreased to 0.71 in Q1 2018. Its down 0.39, from 1.1 in 2017Q4. It is negative, as 20 investors sold Kadant Inc. shares while 67 reduced holdings. 32 funds opened positions while 30 raised stakes. 9.01 million shares or 2.09% less from 9.20 million shares in 2017Q4 were reported. Wells Fargo & Communications Mn, a California-based fund reported 452,780 shares. Hancock Co invested in 15,161 shares or 0.06% of the stock. Tower Cap Ltd Liability (Trc) stated it has 7,164 shares. Geode Capital, Massachusetts-based fund reported 92,347 shares. Northpointe Cap Ltd Liability Com has invested 0.76% of its portfolio in Kadant Inc. (NYSE:KAI). Deutsche Bancorp Ag, a Germany-based fund reported 49,779 shares. Barclays Public Limited Co has invested 0% in Kadant Inc. (NYSE:KAI). State Street Corporation has invested 0% in Kadant Inc. (NYSE:KAI). Epoch Invest Prtn Inc owns 307,674 shares. 114,567 were reported by Amer Century. Voya Investment Ltd Company holds 0% or 5,368 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% in Kadant Inc. (NYSE:KAI) or 1,136 shares. The Connecticut-based Pier Capital Ltd Llc has invested 0.49% in Kadant Inc. (NYSE:KAI). Aqr Mgmt Limited Liability Corp stated it has 0.01% of its portfolio in Kadant Inc. (NYSE:KAI). 61,075 are held by Thrivent Fin For Lutherans.

The stock decreased 0.36% or $0.35 during the last trading session, reaching $96.5. About 43,264 shares traded. Kadant Inc. (NYSE:KAI) has risen 39.64% since June 21, 2017 and is uptrending. It has outperformed by 27.07% the S&P500. Some Historical KAI News: 30/03/2018 – Consolidated Research: 2018 Summary Expectations for RadNet, Molecular Templates, Federated Investors, Kadant, Heartland Financ; 14/05/2018 – Ubs Global Asset Americas Buys New 1.2% Position in Kadant; 16/05/2018 – Kadant Authorizes Share Repurchase; 30/04/2018 – Kadant 1Q Rev $149.2M; 22/04/2018 – DJ Kadant Inc, Inst Holders, 1Q 2018 (KAI); 16/05/2018 – KADANT INC KAI.N SETS QUARTERLY CASH DIVIDEND OF $0.22/SHR; 26/04/2018 – Kadant to Hold Earnings Conference Call on Tuesday, May 1, 2018; 12/03/2018 – KADANT SAYS ON MARCH 7, BOARD NAMED MICHAEL MCKENNEY AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER – SEC FILING; 02/05/2018 – Wasatch Advisors Buys New 1.7% Position in Kadant; 08/03/2018 – Kadant Raises Dividend to 22c

Kadant Inc. supplies equipment and components used in papermaking, paper recycling, recycling and waste management, and other process industries worldwide. The company has market cap of $1.07 billion. The firm operates in two divisions, Papermaking Systems and Wood Processing Systems. It has a 33.15 P/E ratio. The Papermaking Systems segment develops, makes, and markets custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper and balers, and related equipment used in the processing of recyclable and waste materials; and fluid-handling systems used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food.

Kadant Inc. (NYSE:KAI) Institutional Positions Chart