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
Phone412-248-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.38 billion
Profitability
Miscellaneous
Employees10,400
Next Earnings Date2/3/2020 (Confirmed)
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 4th. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.20 per share on Tuesday, November 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Friday, November 8th. View Kennametal's Dividend History.
How were Kennametal's earnings last quarter?
Kennametal Inc. (NYSE:KMT) issued its quarterly earnings results on Monday, November, 4th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.17. The industrial products company earned $518.09 million during the quarter, compared to analysts' expectations of $517.49 million. Kennametal had a return on equity of 15.40% and a net margin of 8.31%. The business's quarterly revenue was down 11.7% on a year-over-year basis. During the same period last year, the company posted $0.70 earnings per share. View Kennametal's Earnings History.
When is Kennametal's next earnings date?
How can I listen to Kennametal's earnings call?
Kennametal will be holding an earnings conference call on Monday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Kennametal issued on next quarter's earnings?
Kennametal updated its FY20 earnings guidance on Monday, November, 4th. The company provided earnings per share (EPS) guidance of $1.70-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.81.
What price target have analysts set for KMT?
8 brokers have issued twelve-month target prices for Kennametal's stock. Their forecasts range from $25.00 to $47.00. On average, they expect Kennametal's share price to reach $36.71 in the next year. This suggests a possible upside of 9.6% from the stock's current price. 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, 2 hold ratings and 4 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 coverage about KMT stock has trended somewhat positive on Tuesday, according to InfoTrie. InfoTrie ranks the sentiment of media 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 closest to five being the most favorable. Kennametal earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media 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 during the month of December. As of December 31st, there was short interest totalling 4,210,000 shares, an increase of 6.3% from the December 15th total of 3,960,000 shares. Based on an average daily volume of 978,200 shares, the days-to-cover ratio is presently 4.3 days. Currently, 5.3% of the company's stock are short sold. View Kennametal's Current Options Chain.
Who are some of Kennametal's key competitors?
Some companies that are related to Kennametal include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Middleby (MIDD).
What other stocks do shareholders of Kennametal own?
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 retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.23%), Retirement Systems of Alabama (0.13%), Roubaix Capital LLC (0.10%), Arizona State Retirement System (0.06%), Nisa Investment Advisors LLC (0.04%) and State of Michigan Retirement System (0.03%). 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 Zeke Capital Advisors LLC, California Public Employees Retirement System, Cerebellum GP LLC, Arizona State Retirement System, Sciencast Management LP, SG Americas Securities LLC, State of Alaska Department of Revenue and Nisa Investment Advisors 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 bought by a variety of institutional investors in the last quarter, including Roubaix Capital LLC, Virginia Retirement Systems ET AL, Zurcher Kantonalbank Zurich Cantonalbank , Strs Ohio, Dupont Capital Management Corp, Manchester Financial Inc., Retirement Systems of Alabama and State of Michigan Retirement System. 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 $33.51.
How big of a company is Kennametal?
Kennametal has a market capitalization of $2.78 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?
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)
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.
