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Kennametal Inc. (KMT)
NYSE:KMT
Kennametal (KMT) Stock Price & Analysis
106 Followers
KMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.71 - $29.88
Previous Close$23.77
Volume802.25K
Average Volume (3M)612.57K
Market Cap
$1.89B
Enterprise Value$2.51B
Total Cash (Recent Filing)$90.73M
Total Debt (Recent Filing)$666.21M
Price to Earnings (P/E)15.9
Beta1.36
Next Earnings
May 08, 2024EPS Estimate
$0.3Last Dividend Ex-Date
Feb 12, 2024Dividend Yield3.35%
Share Statistics
EPS (TTM)1.50
Shares Outstanding79,269,782
10 Day Avg. Volume464,914
30 Day Avg. Volume612,565
Standard Deviation0.12
R-Squared0.62
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.05
Price to Sales (P/S)3.42
Price to Cash Flow (P/CF)7.60
P/FCF Ratio10.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.21
Enterprise Value/Gross Profit3.88
Enterprise Value/Ebitda6.60
Forecast
1Y Price Target
$23.50Price Target Upside-1.38% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering6
Kennametal News
PremiumCompany Announcements
Kennametal Inc. Announces CEO Transition and New Leadership Compensation
PremiumCompany Announcements
Kennametal Inc. Authorizes $200 Million Stock Buyback Plan
Bulls Say, Bears Say
Bulls Say
Cash FlowThe company's reported free operating cash flow shows a significant increase, indicating efficient operations and potentially more funds for reinvestment or shareholder returns.
Financial PerformanceAnalyst highlights the company's free cash flow profile as broadly improving, reflecting stronger financial health.
Historical PerformanceThe company has achieved its highest level of free operating cash flow for the first half of the year since 2016, suggesting a turnaround or positive trend in its financial management.
Bears Say
Earnings PerformanceKMT's F2Q segment EBIT missed expectations significantly, reflecting challenges in profitability.
Financial GuidanceKMT lowered their FY24 adj. EPS guide to $1.35 to $1.65, indicating reduced expectations for the company's earnings.
Market ConditionsPersistent slowdown in KMT's end markets suggests a tough road ahead for the company's financial performance.
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Ownership Overview
2.95% Insiders
38.51% Mutual Funds
30.62% Other Institutional Investors
27.92% 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 $21.71 and its highest was $29.88 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 May 08, 2024 which is in 19 days.
How were Kennametal Inc.’s earnings last quarter?
Kennametal Inc. released its earnings results on Feb 07, 2024. The company reported $0.3 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04.
Is Kennametal Inc. overvalued?
According to Wall Street analysts Kennametal Inc.’s price is currently Overvalued.
Does Kennametal Inc. pay dividends?
Kennametal Inc. pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 3.35%. See more information on Kennametal Inc. dividends here
What is Kennametal Inc.’s EPS estimate?
Kennametal Inc.’s EPS estimate is $0.3.
How many shares outstanding does Kennametal Inc. have?
Kennametal Inc. has 79,269,780 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, beating expectations of $0.26. Following the earnings report the stock price went down -2.45%.
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 243M.
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Kennametal Stock Smart Score
Underperform
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Analyst Consensus
Moderate Sell
Average Price Target:
$23.50 (-1.38% Downside)
$23.50 (-1.38% Downside)
Blogger Sentiment
Bullish
KMT Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 69.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.6K 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
-6.92%
12-Months-Change
Fundamentals
Return on Equity
9.58%
Trailing 12-Months
Asset Growth
-1.33%
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
Q2 2024
0:00 / 0:00
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KMT Stock 12 Months Forecast
Average Price Target
$23.50
▼(-1.38% Downside)
Technical Analysis
Best Analysts Covering KMT
1 Year
1 Year Success Rate
18/31 ratings generated profit
1 Year Average Return
+18.68%
reiterated a buy rating 9 months ago
Copying Stephen Volkmann's trades and holding each position for 1 Year would result in 58.06% of your transactions generating a profit, with an average return of +18.68% per trade.
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