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NYSE:KMT - Kennametal Stock Price, Forecast & News

$37.40
-0.48 (-1.27 %)
(As of 12/15/2019 10:48 AM ET)
Today's Range
$37.27
Now: $37.40
$38.67
50-Day Range
$30.90
MA: $34.12
$37.90
52-Week Range
$27.49
Now: $37.40
$42.03
Volume753,911 shs
Average Volume696,669 shs
Market Capitalization$3.10 billion
P/E Ratio12.38
Dividend Yield2.11%
Beta2.32
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$4.36 per share
Book Value$16.68 per share

Profitability

Net Income$241.93 million

Miscellaneous

Employees10,400
Market Cap$3.10 billion
Next Earnings Date2/3/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Monday, November 4th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.20 per share on Tuesday, November 26th. This represents a $0.80 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Friday, November 8th. View Kennametal's Dividend History.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) posted its quarterly earnings data on Monday, November, 4th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.17. The industrial products company had revenue of $518.09 million for the quarter, compared to the consensus estimate of $517.49 million. Kennametal had a return on equity of 15.40% and a net margin of 8.31%. The business's revenue for the quarter was down 11.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.70 EPS. View Kennametal's Earnings History.

When is Kennametal's next earnings date?

Kennametal is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. 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, November, 4th. The company provided earnings per share guidance of $1.70-2.10 for the period, compared to the Thomson Reuters consensus estimate of $1.81.

What price target have analysts set for KMT?

8 equities research analysts have issued 1 year price objectives for Kennametal's shares. Their forecasts range from $25.00 to $47.00. On average, they expect Kennametal's share price to reach $35.29 in the next twelve months. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Kennametal.

What is the consensus analysts' recommendation for Kennametal?

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

Has Kennametal been receiving favorable news coverage?

News stories about KMT stock have trended negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kennametal earned a coverage optimism score of -2.7 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Kennametal.

Are investors shorting Kennametal?

Kennametal saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 3,830,000 shares, an increase of 7.3% from the November 14th total of 3,570,000 shares. Based on an average daily trading volume, of 972,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 4.8% of the company's 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 NVIDIA (NVDA), Broadcom (AVGO), Intel (INTC), Lululemon Athletica (LULU), Alibaba Group (BABA), Analog Devices (ADI), Netflix (NFLX), Tesla (TSLA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO) and Wynn Resorts (WYNN).

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 variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.14%), Massachusetts Financial Services Co. MA (1.55%), Eagle Asset Management Inc. (1.22%), Gamco Investors INC. ET AL (0.49%), Foundry Partners LLC (0.48%) and Shufro Rose & Co. LLC (0.40%). 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 and Ronald L Port. 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 Eagle Asset Management Inc., State Street Corp, Public Employees Retirement System of Ohio, Dalton Greiner Hartman Maher & Co., Barclays PLC, Squarepoint Ops LLC, Envestnet Asset Management Inc. and Skylands Capital LLC. Company insiders that have sold Kennametal company stock in the last year include Cindy L Davis, Lawrence W Stranghoener, Michelle R Keating, Patrick S Watson, Peter A Dragich and Ronald L Port. 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 Millennium Management LLC, Man Group plc, Massachusetts Financial Services Co. MA, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Foundry Partners LLC, State of Tennessee Treasury Department and Russell Investments Group Ltd.. 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 $37.40.

How big of a company is Kennametal?

Kennametal has a market capitalization of $3.10 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:  386 (Vote Outperform)
Underperform Votes:  540 (Vote Underperform)
Total Votes:  926
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 12/15/2019 by MarketBeat.com Staff

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