NEW YORK (TheStreet) -TheStreet Ratings' stock model upgraded Kadant (KAI) to 'Buy' from 'Hold'. Net income at this $322 million market cap, papermaking equipment company flipped to a profit of $5.2 million compared to a loss of $1.7 million in the prior fourth quarter.
TheStreet Ratings released rating changes on seven U.S. common stocks for April 12, 2011. In total, four stocks were upgraded and three stocks were downgraded by our stock model.
In the fourth quarter, Kadant reported $73.3 million in revenue, an increase of 29.1% compared to the year earlier quarter. Learn more about Kadant: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.
$18.3 million market cap, healthcare IT company, Streamline Health Solutions (STRM) was downgraded to 'Sell' from 'Hold'. In fourth quarter results, Streamline Health Solutions reported a net loss of $1.8 million, down from a profit of $1.6 million in the year earlier quarter. Over the same time period, revenue decreased by 21.8% to $4.9 million. Learn more about Streamline Health Solutions: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.-- Reported by Kevin Baker in Jupiter, FL.
For additional Investment Research check out our Ratings Research Center.
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