Kennametal Stock Price, News & Analysis (NYSE:KMT)

$30.51
-0.52 (-1.68 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$30.48
Now: $30.51
$31.31
50-Day Range
$27.72
MA: $30.27
$34.13
52-Week Range
$27.49
Now: $30.51
$45.10
Volume822,632 shs
Average Volume665,833 shs
Market Capitalization$2.53 billion
P/E Ratio10.10
Dividend Yield2.58%
Beta2.27
Kennametal Inc develops and applies tungsten carbides, ceramics, super-hard materials, and solutions for use in metal cutting and mission-critical wear applications to combat extreme conditions related with wear fatigue, corrosion, and high temperatures worldwide. The company operates through three segments: Industrial, Widia, and Infrastructure. Its product offering includes a selection of standard and customized technologies for metalworking applications, such as turning, milling, hole making, tooling systems, and services for manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. Read More…

Industry, Sector and Symbol

Industry Machine tools, metal cutting type
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP48917010
Phone412-248-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.38 billion
Cash Flow$4.3462 per share
Book Value$16.68 per share

Profitability

Net Income$241.93 million

Miscellaneous

Employees10,400
Market Cap$2.53 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

Receive KMT News and Ratings via Email

Sign-up to receive the latest news and ratings for KMT and its competitors with MarketBeat's FREE daily newsletter.


Kennametal (NYSE:KMT) Frequently Asked Questions

What is Kennametal's stock symbol?

Kennametal trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMT."

How often does Kennametal pay dividends? What is the dividend yield for Kennametal?

Kennametal announced a quarterly dividend on Monday, August 5th. Stockholders of record on Tuesday, August 13th will be given a dividend of $0.20 per share on Tuesday, August 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.62%. The ex-dividend date of this dividend is Monday, August 12th. View Kennametal's Dividend History.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) released its earnings results on Monday, August, 5th. The industrial products company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.86 by $0.02. The industrial products company had revenue of $603.95 million for the quarter, compared to analysts' expectations of $643.95 million. Kennametal had a net margin of 10.19% and a return on equity of 18.97%. The company's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period last year, the business earned $0.87 earnings per share. View Kennametal's Earnings History.

When is Kennametal's next earnings date?

Kennametal is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Kennametal.

What guidance has Kennametal issued on next quarter's earnings?

Kennametal issued an update on its FY20 earnings guidance on Monday, August, 5th. The company provided earnings per share guidance of $2.80-3.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.21.

What price target have analysts set for KMT?

6 equities research analysts have issued 12 month target prices for Kennametal's stock. Their forecasts range from $27.00 to $47.00. On average, they expect Kennametal's share price to reach $34.25 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for Kennametal.

What is the consensus analysts' recommendation for Kennametal?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kennametal in the last year. There are currently 3 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kennametal.

Has Kennametal been receiving favorable news coverage?

Headlines about KMT stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kennametal earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Kennametal.

Are investors shorting Kennametal?

Kennametal saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 2,454,700 shares, a decrease of 7.2% from the July 31st total of 2,645,300 shares. Based on an average trading volume of 878,600 shares, the short-interest ratio is currently 2.8 days. Currently, 3.1% of the shares of the stock are sold short. View Kennametal's Current Options Chain.

Who are some of Kennametal's key competitors?

What other stocks do shareholders of Kennametal own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kennametal investors own include Intel (INTC), NVIDIA (NVDA), QUALCOMM (qcom), American Airlines Group (AAL), Alibaba Group (BABA), Broadcom (AVGO), Celgene (CELG), Cree (CREE), Cisco Systems (CSCO) and eBay (ebay).

Who are Kennametal's key executives?

Kennametal's management team includes the folowing people:
  • Mr. Christopher Rossi, Pres, CEO & Director (Age 55)
  • Ms. Michelle Ruth Keating, VP, Sec. & Gen. Counsel (Age 43)
  • Mr. Peter A. Dragich, VP & Pres of the Industrial Bus. Segment (Age 56)
  • Mr. Ronald L. Port, VP & Pres of the Infrastructure Bus. Segment (Age 53)
  • Mr. Damon J. Audia, VP & CFO (Age 48)

Who are Kennametal's major shareholders?

Kennametal's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.74%), BlackRock Inc. (11.73%), Vanguard Group Inc. (10.04%), Janus Henderson Group PLC (3.47%), Janus Henderson Group PLC (3.47%) and Invesco Ltd. (3.39%). Company insiders that own Kennametal stock include Cindy L Davis, Gaalen Jan Kees Van, Judith L Bacchus, Lawrence W Stranghoener, Michelle R Keating, Patrick S Watson, Peter A Dragich, Robert J Clemens, Steven H Wunning and Timothy R Mclevish. View Institutional Ownership Trends for Kennametal.

Which major investors are selling Kennametal stock?

KMT stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Renaissance Technologies LLC, Royal Bank of Canada, Vanguard Group Inc., Dalton Greiner Hartman Maher & Co., Wells Fargo & Company MN, Prudential Financial Inc. and Gabelli Funds LLC. Company insiders that have sold Kennametal company stock in the last year include Cindy L Davis, Judith L Bacchus, Lawrence W Stranghoener, Michelle R Keating, Patrick S Watson and Peter A Dragich. View Insider Buying and Selling for Kennametal.

Which major investors are buying Kennametal stock?

KMT stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, William Blair Investment Management LLC, Invesco Ltd., BlackRock Inc., BlackRock Inc., Bank of America Corp DE and Golden Gate Private Equity Inc.. View Insider Buying and Selling for Kennametal.

How do I buy shares of Kennametal?

Shares of KMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Kennametal's stock price today?

One share of KMT stock can currently be purchased for approximately $30.51.

How big of a company is Kennametal?

Kennametal has a market capitalization of $2.53 billion and generates $2.38 billion in revenue each year. The industrial products company earns $241.93 million in net income (profit) each year or $3.02 on an earnings per share basis. Kennametal employs 10,400 workers across the globe.View Additional Information About Kennametal.

What is Kennametal's official website?

The official website for Kennametal is http://www.kennametal.com/.

How can I contact Kennametal?

Kennametal's mailing address is 600 GRANT STREET, PITTSBURGH PA, 15219. The industrial products company can be reached via phone at 412-248-8000.


MarketBeat Community Rating for Kennametal (NYSE KMT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  370 (Vote Outperform)
Underperform Votes:  520 (Vote Underperform)
Total Votes:  890
MarketBeat's community ratings are surveys of what our community members think about Kennametal and other stocks. Vote "Outperform" if you believe KMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel