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Kennametal Inc. (KMT)
NYSE:KMT
Kennametal (KMT) Stock Price & Analysis
109 Followers
KMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.54 - $29.65
Previous Close$24.55
Volume577.45K
Average Volume (3M)668.36K
Market Cap
$1.93B
Enterprise Value$2.54B
Total Cash (Recent Filing)$92.12M
Total Debt (Recent Filing)$656.44M
Price to Earnings (P/E)18.2
Beta1.44
Next Earnings
Aug 07, 2024EPS Estimate
$0.44Last Dividend Ex-Date
May 13, 2024Dividend Yield3.26%
Share Statistics
EPS (TTM)1.35
Shares Outstanding78,665,910
10 Day Avg. Volume720,976
30 Day Avg. Volume668,359
Standard Deviation0.12
R-Squared0.61
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.05
Price to Sales (P/S)0.90
Price to Cash Flow (P/CF)6.20
P/FCF Ratio8.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.24
Enterprise Value/Gross Profit3.92
Enterprise Value/Ebitda8.56
Forecast
1Y Price Target
$26.00Price Target Upside5.91% Upside
Rating ConsensusHold
Number of Analyst Covering6
Kennametal News
Bulls Say, Bears Say
Bulls Say
Growth PotentialKMT's significant end-to-end solutions expertise and increased sales efforts should support their long term growth.
Operational EfficiencyTheir simplification and modernization program has automated various segments of production resulting in greater product quality consistency and highly efficient quality control procedures.
Technological AdvancementsKMT showcased its additive manufacturing capabilities which has enabled more complex and tailored solution development.
Bears Say
Distributor PerformanceKennametal's largest distributor preannounced results 15% below street expectations and cut their earnings forecast due to a tougher macro environment.
Plant OperationsThe temporary closure of the Rogers, AK plant and short cycle weakness pose near-term growth and margin headwinds.
Raw Material CostsHigher headwinds from raw material costs, lower volumes, and higher wages offset favorable pricing in Metal Cutting and restructuring savings.
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Ownership Overview
3.00% Insiders
38.92% Mutual Funds
30.84% Other Institutional Investors
27.25% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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KMT FAQ
What was Kennametal Inc.’s price range in the past 12 months?
Kennametal Inc. lowest stock price was $21.54 and its highest was $29.65 in the past 12 months.
What is Kennametal Inc.’s market cap?
Currently, no data Available
When is Kennametal Inc.’s upcoming earnings report date?
Kennametal Inc.’s upcoming earnings report date is Aug 07, 2024 which is in 16 days.
How were Kennametal Inc.’s earnings last quarter?
Kennametal Inc. released its earnings results on May 08, 2024. The company reported $0.3 earnings per share for the quarter, missing the consensus estimate of $0.301 by -$0.001.
Is Kennametal Inc. overvalued?
According to Wall Street analysts Kennametal Inc.’s price is currently Undervalued.
Does Kennametal Inc. pay dividends?
Kennametal Inc. pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 3.26%. See more information on Kennametal Inc. dividends here
What is Kennametal Inc.’s EPS estimate?
Kennametal Inc.’s EPS estimate is $0.44.
How many shares outstanding does Kennametal Inc. have?
Kennametal Inc. has 78,665,910 shares outstanding.
What happened to Kennametal Inc.’s price movement after its last earnings report?
Kennametal Inc. reported an EPS of $0.3 in its last earnings report, missing expectations of $0.301. Following the earnings report the stock price went up 3.201%.
Which hedge fund is a major shareholder of Kennametal Inc.?
Among the largest hedge funds holding Kennametal Inc.’s share is Ariel Investments LLC. It holds Kennametal Inc.’s shares valued at 229M.
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Kennametal Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$26.00 (5.91% Upside)
$26.00 (5.91% Upside)
Blogger Sentiment
Bullish
KMT Sentiment 66%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 809.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.10%
12-Months-Change
Fundamentals
Return on Equity
8.55%
Trailing 12-Months
Asset Growth
-3.26%
Trailing 12-Months
Company Description
Kennametal Inc.
Kennametal, Inc. engages in the development and application of tungsten carbides, ceramics, super-hard materials, and solutions used in metal cutting and extreme wear applications. It operates through the following segments: Industrial, Widia, and Infrastructure. The Industrial segment develops and manufactures tooling and metalworking products and services. The Widia segment offers standard and custom metal cutting solutions to general engineering, aerospace, energy, and transportation customers. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and metallurgical powders. The company was founded by Philip M. McKenna in 1938 and is headquartered in Pittsburgh, PA.
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KMT Company Deck
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KMT Earnings Call
Q3 2024
0:00 / 0:00
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KMT Stock 12 Month Forecast
Average Price Target
$26.00
▲(5.91% Upside)
Technical Analysis
Best Analysts Covering KMT
1 Year
1 Year Success Rate
19/32 ratings generated profit
1 Year Average Return
+18.32%
reiterated a buy rating last month
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 59.38% of your transactions generating a profit, with an average return of +18.32% per trade.
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