NYSE:KMT - Kennametal Stock Price, News, & Analysis

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$36.26 -1.13 (-3.02 %)
(As of 01/22/2019 02:08 PM ET)
Previous Close$37.39
Today's Range$35.97 - $36.67
52-Week Range$30.32 - $51.57
Volume12,515 shs
Average Volume549,522 shs
Market Capitalization$3.07 billion
P/E Ratio13.68
Dividend Yield2.14%
Beta2.14
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. The company also produces specialized wear components and metallurgical powders that are used for custom-engineered and various applications to producers and suppliers in equipment-intensive operations comprising coal mining, road construction, quarrying, oil and gas exploration, refining, production, and supply. In addition, it offers specified product design, selection, application, and support services. The company provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national chain distributors; integrated supplier channels; and value added resellers, as well as through the Internet. Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania.

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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$2.37 billion
Cash Flow$3.8989 per share
Book Value$15.07 per share

Profitability

Net Income$200.18 million

Miscellaneous

Employees10,500
Market Cap$3.07 billion
OptionableOptionable

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 5th. Stockholders of record on Tuesday, November 13th will be paid a dividend of $0.20 per share on Wednesday, November 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Friday, November 9th. View Kennametal's Dividend History.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) released its quarterly earnings data on Monday, November, 5th. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.05. The industrial products company had revenue of $587 million for the quarter, compared to the consensus estimate of $590.22 million. Kennametal had a net margin of 9.03% and a return on equity of 19.03%. Kennametal's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.48 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 4th 2019. View Earnings Estimates for Kennametal.

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

Kennametal issued an update on its FY19 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $2.90-3.20 for the period, compared to the Thomson Reuters consensus estimate of $3.15. Kennametal also updated its FY 2019 guidance to $2.90-3.20 EPS.

What price target have analysts set for KMT?

9 equities research analysts have issued 1-year price objectives for Kennametal's shares. Their predictions range from $35.00 to $53.00. On average, they expect Kennametal's stock price to reach $46.1111 in the next year. This suggests a possible upside of 27.2% from the stock's current price. View Analyst Price Targets for Kennametal.

What is the consensus analysts' recommendation for Kennametal?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kennametal in the last year. There are currently 1 sell rating, 5 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?

Media coverage about KMT stock has trended very positive on Tuesday, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kennametal earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are some of Kennametal's key competitors?

Who are Kennametal's key executives?

Kennametal's management team includes the folowing people:
  • Mr. Christopher Rossi, Pres, CEO & Director (Age 54)
  • Ms. Michelle Ruth Keating, VP, Sec. & Gen. Counsel (Age 42)
  • Mr. Peter A. Dragich, VP & Pres of the Industrial Bus. Segment (Age 55)
  • Mr. Ronald L. Port, VP & Pres of the Infrastructure Bus. Segment (Age 53)
  • Mr. Damon J. Audia, VP & CFO (Age 47)

Who are Kennametal's major shareholders?

Kennametal's stock is owned by many different of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.42%), Retirement Systems of Alabama (0.13%), Boothe Investment Group Inc. (0.11%), Bowling Portfolio Management LLC (0.04%), Diversified Trust Co (0.04%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Kennametal stock include Andre Gagne, Charles Michael Jr Byrnes, Christopher Rossi, Gaalen Jan Kees Van, Judith L Bacchus, Lawrence W Stranghoener, Michelle R Keating, Philip A Dur, Pierre Labrecque, Robert J Clemens, Robert Wares, Roby Bégin, 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 Louisiana State Employees Retirement System. Company insiders that have sold Kennametal company stock in the last year include Gaalen Jan Kees Van, Judith L Bacchus, Lawrence W Stranghoener and Michelle R Keating. 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 Dalton Greiner Hartman Maher & Co., Bowling Portfolio Management LLC, Boothe Investment Group Inc., Meeder Asset Management Inc., Retirement Systems of Alabama and Diversified Trust Co. Company insiders that have bought Kennametal stock in the last two years include Andre Gagne, Charles Michael Jr Byrnes, Christopher Rossi, Pierre Labrecque, Robert Wares and Roby Bégin. 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, Scottrade, Fidelity and Charles Schwab.

What is Kennametal's stock price today?

One share of KMT stock can currently be purchased for approximately $36.26.

How big of a company is Kennametal?

Kennametal has a market capitalization of $3.07 billion and generates $2.37 billion in revenue each year. The industrial products company earns $200.18 million in net income (profit) each year or $2.65 on an earnings per share basis. Kennametal employs 10,500 workers across the globe.

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:  335 (Vote Outperform)
Underperform Votes:  469 (Vote Underperform)
Total Votes:  804
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 1/22/2019 by MarketBeat.com Staff

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