KMT vs. B, EPAC, SXI, UFPT, OI, TNC, POWL, PLUG, ALG, and HLIO
Should you be buying Kennametal stock or one of its competitors? The main competitors of Kennametal include Barnes Group (B), Enerpac Tool Group (EPAC), Standex International (SXI), UFP Technologies (UFPT), O-I Glass (OI), Tennant (TNC), Powell Industries (POWL), Plug Power (PLUG), Alamo Group (ALG), and Helios Technologies (HLIO). These companies are all part of the "industrial products" sector.
Kennametal (NYSE:KMT) and Barnes Group (NYSE:B) are both industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their analyst recommendations, risk, dividends, profitability, earnings, institutional ownership, media sentiment, valuation and community ranking.
Kennametal has a beta of 1.76, suggesting that its stock price is 76% more volatile than the S&P 500. Comparatively, Barnes Group has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500.
Kennametal has higher revenue and earnings than Barnes Group. Kennametal is trading at a lower price-to-earnings ratio than Barnes Group, indicating that it is currently the more affordable of the two stocks.
Kennametal has a net margin of 5.29% compared to Barnes Group's net margin of 0.31%. Kennametal's return on equity of 9.35% beat Barnes Group's return on equity.
Kennametal presently has a consensus target price of $24.17, indicating a potential downside of 5.08%. Barnes Group has a consensus target price of $40.67, indicating a potential downside of 0.20%. Given Barnes Group's stronger consensus rating and higher probable upside, analysts plainly believe Barnes Group is more favorable than Kennametal.
Kennametal received 55 more outperform votes than Barnes Group when rated by MarketBeat users. However, 59.19% of users gave Barnes Group an outperform vote while only 55.84% of users gave Kennametal an outperform vote.
90.8% of Barnes Group shares are owned by institutional investors. 1.8% of Kennametal shares are owned by company insiders. Comparatively, 9.3% of Barnes Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
In the previous week, Kennametal had 4 more articles in the media than Barnes Group. MarketBeat recorded 9 mentions for Kennametal and 5 mentions for Barnes Group. Kennametal's average media sentiment score of 0.90 beat Barnes Group's score of 0.29 indicating that Kennametal is being referred to more favorably in the media.
Kennametal pays an annual dividend of $0.80 per share and has a dividend yield of 3.2%. Barnes Group pays an annual dividend of $0.64 per share and has a dividend yield of 1.6%. Kennametal pays out 59.3% of its earnings in the form of a dividend. Barnes Group pays out 711.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Kennametal is clearly the better dividend stock, given its higher yield and lower payout ratio.
Summary
Kennametal beats Barnes Group on 12 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding KMT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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