Kadant Inc. (KAI) Analysts See $1.14 EPS; Silver Spring Networks (SSNI) Has 1.41 Sentiment

October 13, 2017 - By Adrian Erickson

Silver Spring Networks, Inc. is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things for critical infrastructure. The company has market cap of $868.83 million. The Firm provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. It currently has negative earnings. The Company’s networking platform enables clients to communicate with devices connected to the power grid.

Analysts expect Kadant Inc. (NYSE:KAI) to report $1.14 EPS on November, 7.They anticipate $0.33 EPS change or 40.74% from last quarter’s $0.81 EPS. KAI’s profit would be $12.50M giving it 21.80 P/E if the $1.14 EPS is correct. After having $1.04 EPS previously, Kadant Inc.’s analysts see 9.62% EPS growth. The stock increased 0.30% or $0.3 during the last trading session, reaching $99.4. About 132,672 shares traded or 66.89% up from the average. Kadant Inc. (NYSE:KAI) has risen 45.38% since October 13, 2016 and is uptrending. It has outperformed by 28.68% the S&P500.

Kadant Inc. is a supplier of equipment and components used in process industries. The company has market cap of $1.09 billion. In addition, the Company makes granules made from papermaking by-products. It has a 32.89 P/E ratio. The Company’s divisions include Papermaking Systems and Wood Processing Systems.

Among 6 analysts covering Kadant (NYSE:KAI), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Kadant had 7 analyst reports since August 12, 2015 according to SRatingsIntel. The company was initiated on Thursday, October 29 by Macquarie Research. Seaport Global upgraded it to “Buy” rating and $58 target in Thursday, August 18 report. The rating was downgraded by Sidoti to “Neutral” on Tuesday, October 3. Barrington Research maintained Kadant Inc. (NYSE:KAI) rating on Friday, August 5. Barrington Research has “Outperform” rating and $63 target. The stock of Kadant Inc. (NYSE:KAI) earned “Market Perform” rating by William Blair on Friday, September 16. Zacks downgraded the shares of KAI in report on Wednesday, August 12 to “Hold” rating.

Investors sentiment decreased to 1.17 in 2017 Q2. Its down 0.09, from 1.26 in 2017Q1. It worsened, as 17 investors sold Kadant Inc. shares while 41 reduced holdings. 27 funds opened positions while 41 raised stakes. 9.12 million shares or 1.31% more from 9.01 million shares in 2017Q1 were reported. Oakworth holds 0% of its portfolio in Kadant Inc. (NYSE:KAI) for 11 shares. Tfs Lc owns 4,134 shares for 0.12% of their portfolio. Comml Bank Of America Corp De owns 0% invested in Kadant Inc. (NYSE:KAI) for 37,548 shares. Moreover, D E Shaw And has 0% invested in Kadant Inc. (NYSE:KAI) for 11,128 shares. California-based Wells Fargo & Communication Mn has invested 0.02% in Kadant Inc. (NYSE:KAI). Arrow Finance Corp has invested 0.01% in Kadant Inc. (NYSE:KAI). Gsa Capital Ptnrs Llp reported 3,972 shares. Alliancebernstein L P holds 0% or 13,400 shares. State Street Corporation invested in 0% or 233,894 shares. Whittier has invested 0% in Kadant Inc. (NYSE:KAI). National Bank Of Ny Mellon reported 0% in Kadant Inc. (NYSE:KAI). Dean Investment Lc owns 0.83% invested in Kadant Inc. (NYSE:KAI) for 83,640 shares. Phocas Financial holds 167,382 shares or 1.3% of its portfolio. The Pennsylvania-based Sei Investments has invested 0% in Kadant Inc. (NYSE:KAI). Creative Planning invested 0% of its portfolio in Kadant Inc. (NYSE:KAI).

Foundation Capital Llc holds 31.01% of its portfolio in Silver Spring Networks Inc for 10.48 million shares. Trigran Investments Inc. owns 1.46 million shares or 4.21% of their US portfolio. Moreover, Ardsley Advisory Partners has 2.55% invested in the company for 1.26 million shares. The Maryland-based Marathon Capital Management has invested 2.02% in the stock. Electron Capital Partners Llc, a New York-based fund reported 581,752 shares.

Ratings analysis reveals 100% of Silver Spring Networks’s analysts are positive. Out of 4 Wall Street analysts rating Silver Spring Networks, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $17.0 while the high is $18.0. The stock’s average target of $17.33 is 6.84% above today’s ($16.22) share price. SSNI was included in 4 notes of analysts from September 28, 2016. On Tuesday, November 8 the stock rating was initiated by FBR Capital with “Outperform”. The firm has “Buy” rating given on Monday, November 28 by Williams Capital Group. The firm earned “Buy” rating on Wednesday, September 28 by Wunderlich. The firm has “Mkt Outperform” rating by JMP Securities given on Friday, January 13.

The stock increased 0.43% or $0.07 during the last trading session, reaching $16.22. About 2.57M shares traded or 32.47% up from the average. Silver Spring Networks Inc (SSNI) has declined 21.63% since October 13, 2016 and is downtrending. It has underperformed by 38.33% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $504,046 activity.

Analysts await Silver Spring Networks Inc (NYSE:SSNI) to report earnings on November, 2. They expect $-0.09 earnings per share, down 350.00% or $0.07 from last year’s $-0.02 per share. After $-0.07 actual earnings per share reported by Silver Spring Networks Inc for the previous quarter, Wall Street now forecasts 28.57% negative EPS growth.

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