About Kennametal (NYSE:KMT)
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. It operates through three segments: Industrial, Widia, and Infrastructure. The company's 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. It 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 that include coal mining, road construction, quarrying, oil and gas exploration, refining, production, and supply. In addition, the company offers specified product design, selection, application, and support services. It 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. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Industry Machine tools, metal cutting type
Trailing P/E Ratio24.53
Forward P/E Ratio14.67
Sales & Book Value
Annual Sales$2.06 billion
Price / Sales1.49
Cash Flow$2.7687 per share
Price / Cash13.62
Book Value$13.07 per share
Price / Book2.89
EPS (Most Recent Fiscal Year)$1.52
Net Income$49.13 million
Return on Equity17.09%
Return on Assets7.62%
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 Thursday, February 1st. Stockholders of record on Tuesday, February 13th will be given a dividend of $0.20 per share on Wednesday, February 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Monday, February 12th. View Kennametal's Dividend History.
How were Kennametal's earnings last quarter?
Kennametal (NYSE:KMT) posted its quarterly earnings results on Thursday, February, 1st. The industrial products company reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.03. The industrial products company earned $571 million during the quarter, compared to the consensus estimate of $541.78 million. Kennametal had a net margin of 6.54% and a return on equity of 17.09%. Kennametal's quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. View Kennametal's Earnings History.
When is Kennametal's next earnings date?
What guidance has Kennametal issued on next quarter's earnings?
Kennametal issued an update on its FY18 earnings guidance on Thursday, February, 1st. The company provided earnings per share guidance of $2.40-$2.70 for the period, compared to the Thomson Reuters consensus estimate of $2.55. The company issued revenue guidance of +9-11% (~$2.24-2.28 billion), compared to the consensus revenue estimate of $2.25 billion.
What price target have analysts set for KMT?
10 equities research analysts have issued 12-month target prices for Kennametal's shares. Their forecasts range from $45.00 to $60.00. On average, they anticipate Kennametal's stock price to reach $50.40 in the next year. View Analyst Ratings for Kennametal.
Who are some of Kennametal's key competitors?
Some companies that are related to Kennametal include Pentair (PNR), Amcor (AMCRY), Brambles (BXBLY), Smith (A.O.) (AOS), Packaging Co. of America (PKG), IDEX (IEX), KION Group (KIGRY), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), SKF (SKFRY), Alcoa (AA), Avery Dennison (AVY), Asahi Glass (ASGLY), Fortune Brands Home & Security (FBHS) and Hitachi Construction Machinery (HTCMY).
Who are Kennametal's key executives?
Kennametal's management team includes the folowing people:
- Mr. Ronald M. De Feo, Exec. Chairman (Age 66)
- Mr. Johannes Cornelius Maria van Gaalen, VP & CFO (Age 61)
- Mr. Robert J. Clemens Ph.D., VP & CTO (Age 61)
- Mr. Peter A. Dragich, VP & Pres of the Industrial Bus. (Age 55)
- Mr. Christopher Rossi, Pres, CEO & Director (Age 54)
Has Kennametal been receiving favorable news coverage?
News articles about KMT stock have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kennametal earned a media sentiment score of 0.08 on Accern's scale. They also assigned media headlines about the industrial products company an impact score of 45.65 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $37.74.
How big of a company is Kennametal?
Kennametal has a market capitalization of $3.18 billion and generates $2.06 billion in revenue each year. The industrial products company earns $49.13 million in net income (profit) each year or $1.52 on an earnings per share basis. Kennametal employs 10,700 workers across the globe.
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 (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.
Kennametal (NYSE:KMT) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for Kennametal in the last 12 months. Their average twelve-month price target is $50.40, suggesting that the stock has a possible upside of 33.65%. The high price target for KMT is $60.00 and the low price target for KMT is $45.00. There are currently 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Buy||Buy|
|Consensus Rating Score: ||2.40||2.40||2.60||2.64|
|Ratings Breakdown: ||0 Sell Rating(s)|
6 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$50.40||$50.35||$49.2778||$43.75|
|Price Target Upside: ||33.65% upside||14.77% upside||1.41% downside||2.24% upside|
Kennametal (NYSE:KMT) Consensus Price Target History
Kennametal (NYSE:KMT) Analyst Ratings History
(Data available from 4/25/2016 forward)
Kennametal (NYSE:KMT) Dividend Information
Kennametal pays an annual dividend of $0.80 per share, with a dividend yield of 2.12%. KMT's most recent quarterly dividend payment was Wednesday, February 28. Kennametal pays out 52.63% of its earnings out as a dividend.
|Most Recent Dividend:||2/28/2018|
|Dividend Growth:||3.60% (3 Year Average)|
|Payout Ratio:||52.63% (Trailing 12 Months of Earnings) |
31.13% (Based on This Year's Estimates)
26.49% (Based on Next Year's Estimates)
Kennametal (NYSE:KMT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Kennametal (NYSE KMT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 99.04%
Kennametal (NYSE KMT) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/13/2017||Timothy R Mclevish||Director||Sell||20,000||$48.00||$960,000.00||66,904|| |
|12/4/2017||Judith L Bacchus||VP||Sell||18,125||$47.00||$851,875.00||38,528|| |
|12/4/2017||Timothy R Mclevish||Director||Sell||7,000||$47.00||$329,000.00||78,904|| |
|11/3/2017||Robert J Clemens||VP||Sell||10,000||$46.82||$468,200.00|| |
|11/3/2017||Steven H Wunning||Director||Sell||4,445||$46.63||$207,270.35||29,693|| |
|8/30/2017||Michelle R Keating||Insider||Sell||570||$35.25||$20,092.50||6,610|| |
|8/18/2017||Charles Michael Jr. Byrnes||VP||Buy||1,900||$33.00||$62,700.00|| |
|8/18/2017||Christopher Rossi||Insider||Buy||29,880||$33.46||$999,784.80||29,850|| |
|6/8/2017||Philip A Dur||Director||Sell||7,000||$40.01||$280,070.00||22,024|| |
|4/27/2017||Judith L Bacchus||VP||Sell||9,168||$41.89||$384,047.52||16,767|| |
|11/11/2016||Judith L Bacchus||Insider||Sell||4,000||$33.92||$135,680.00||7,383|| |
|6/10/2016||William J Harvey||Director||Buy||517||$24.10||$12,459.70||6,563|| |
|3/15/2016||William J Harvey||Director||Buy||4,020||$21.59||$86,791.80||4,150|| |
|2/9/2016||Cindy L. Davis||Director||Buy||1,600||$17.36||$27,776.00||4,213|| |
|2/9/2016||Ronald M Defeo||CEO||Buy||14,280||$17.46||$249,328.80||63,320|| |
|5/20/2015||Lawrence W Stranghoener||Director||Sell||6,160||$37.10||$228,536.00|| |
|5/7/2015||Steven H Wunning||Director||Sell||11,917||$38.48||$458,566.16|| |
|2/24/2015||Robert J Clemens||VP||Buy||1,000||$35.18||$35,180.00|| |
|2/6/2015||Robert J Clemens||VP||Buy||1,000||$35.18||$35,180.00|| |
|2/3/2015||Robert J Clemens||VP||Buy||1,000||$34.81||$34,810.00|| |
|2/2/2015||William R Newlin||Director||Buy||7,600||$32.78||$249,128.00|| |
|12/3/2014||William R Newlin||Director||Buy||8,326||$35.95||$299,319.70|| |
|11/24/2014||Timothy R Mclevish||Director||Buy||2,367||$39.63||$93,804.21|| |
|11/20/2014||Timothy R Mclevish||Director||Buy||7,633||$40.03||$305,548.99|| |
|10/31/2014||Timothy R Mclevish||Director||Sell||10,000||$38.47||$384,700.00|| |
|8/27/2014||Judith L Bacchus||VP||Sell||3,897||$44.83||$174,702.51|| |
|8/26/2014||Kevin G Nowe||VP||Sell||2,718||$44.77||$121,684.86|| |
|8/25/2014||Carlos M Cardoso||CEO||Sell||120,401||$44.71||$5,383,128.71|| |
|8/22/2014||Martha A Fusco||Insider||Sell||5,295||$44.59||$236,104.05|| |
|6/9/2014||Lawrence W Stranghoener||Director||Sell||3,880||$47.70||$185,076.00|| |
|6/6/2014||Brian E Kelly||VP||Sell||3,735||$46.50||$173,677.50|| |
|5/21/2014||Brian Kelly||VP||Sell||4,655||$45.71||$212,780.05||11,136|| |
|5/8/2014||Carlos Cardoso||CEO||Sell||40,000||$47.76||$1,910,400.00||168,563|| |
|5/2/2014||Philip Dur||Director||Sell||14,362||$48.31||$693,828.22||7,191|| |
|3/14/2014||Carlos Cardoso||CEO||Sell||48,577||$43.61||$2,118,442.97||208,563|| |
|12/10/2013||Ronald Defeo||Director||Sell||9,000||$50.00||$450,000.00||47,065|| |
|11/25/2013||Frank Simpkins||CFO||Sell||24,100||$47.54||$1,145,714.00||88,272|| |
|11/7/2013||Carlos Cardoso||CEO||Sell||25,000||$46.33||$1,158,250.00||209,363|| |
|9/12/2013||Steven Hanna||VP||Sell||3,000||$46.00||$138,000.00||4,955|| |
|8/22/2013||William Newlin||Director||Sell||5,270||$44.50||$234,515.00||85,500|| |
|8/16/2013||William Newlin||Director||Sell||5,000||$44.00||$220,000.00||85,277|| |
|8/9/2013||Judith Bacchus||VP||Sell||7,340||$44.56||$327,070.40||4,781|| |
|8/6/2013||Carlos Cardoso||CEO||Sell||50,000||$44.57||$2,228,500.00||145,467|| |
|8/5/2013||Frank Simpkins||CFO||Sell||8,698||$44.94||$390,888.12||74,608|| |
|8/5/2013||John Jacko||VP||Sell||7,937||$45.01||$357,244.37||12,533|| |
|8/1/2013||Martha Bailey||Insider||Sell||5,226||$44.93||$234,804.18||6,030|| |
|5/31/2013||Brian E Kelly||VP||Sell||4,264||$43.51||$185,526.64|| |
|5/30/2013||Brian E Kelly||VP||Sell||5,878||$43.29||$254,458.62|| |
|5/24/2013||Carlos M Cardoso||CEO||Sell||25,000||$42.36||$1,059,000.00|| |
|5/21/2013||John H Jacko||VP||Sell||27,880||$42.83||$1,194,100.40|| |
|2/15/2013||Carlos M Cardoso||CEO||Sell||25,000||$42.04||$1,051,000.00|| |
Kennametal (NYSE KMT) News Headlines
|$598.85 Million in Sales Expected for Kennametal (KMT) This Quarter|
www.americanbankingnews.com - April 25 at 5:53 AM
|Kennametal (NYSE: KMT) Announces Conference Call & Webcast on Third Quarter Fiscal 2018 Results|
www.prnewswire.com - April 23 at 9:19 AM
|Kennametal (KMT) Expected to Post Earnings of $0.72 Per Share|
www.americanbankingnews.com - April 23 at 3:18 AM
|Kennametal (KMT) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - April 22 at 1:36 PM
|Why Kennametal (KMT) Might Surprise This Earnings Season|
www.nasdaq.com - April 20 at 5:28 PM
|Kennametal (KMT) Receives Outperform Rating from Wells Fargo|
www.americanbankingnews.com - April 19 at 9:27 AM
|Kennametal (KMT) Earns Hold Rating from BMO Capital Markets|
www.americanbankingnews.com - April 18 at 9:00 AM
|Kennametal (KMT) to Release Quarterly Earnings on Monday|
www.americanbankingnews.com - April 16 at 2:49 AM
|Kennametal (KMT) Rating Lowered to Sell at BidaskClub|
www.americanbankingnews.com - April 15 at 1:18 PM
|Kennametal (KMT) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - April 12 at 7:24 PM
|Kennametal (KMT) Upgraded to "Buy" by Zacks Investment Research|
www.americanbankingnews.com - April 11 at 9:25 AM
|Kennametal (KMT) to Gain From Strengthening of End-Markets|
finance.yahoo.com - April 10 at 5:35 PM
|Kennametal (KMT) Given New $45.00 Price Target at JPMorgan Chase|
www.americanbankingnews.com - April 10 at 10:57 AM
|Zacks: Analysts Anticipate Kennametal Inc. (KMT) Will Post Quarterly Sales of $598.85 Million|
www.americanbankingnews.com - April 8 at 4:55 AM
|$0.73 EPS Expected for Kennametal Inc. (KMT) This Quarter|
www.americanbankingnews.com - April 6 at 5:11 AM
|Free Research Reports on these Industrial Goods Stocks -- Kennametal, Stanley Black & Decker, Timken, and ...|
www.prnewswire.com - April 5 at 10:00 AM
|Personalities of Pittsburgh: Chris Rossi with Kennametal|
www.bizjournals.com - April 3 at 8:14 AM
|Kennametal (KMT) Rating Increased to B at TheStreet|
www.americanbankingnews.com - April 1 at 8:06 PM
|Q2 2019 EPS Estimates for Kennametal Inc. Increased by Seaport Global Securities (KMT)|
www.americanbankingnews.com - March 30 at 7:24 AM
|Kennametal's (KMT) "Buy" Rating Reaffirmed at KeyCorp|
www.americanbankingnews.com - March 29 at 2:30 PM
|Research Report Identifies Beazer Homes, Extra Space Storage, Foundation Medicine, Kennametal, Midstates Petroleum, and Corporate Office Properties Trust with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement|
finance.yahoo.com - March 29 at 8:17 AM
|Kennametal Inc. (KMT) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - March 28 at 1:26 PM
|Kennametal innovation cuts downtime for fracking customer|
www.bizjournals.com - March 24 at 5:21 PM
|Head-To-Head Analysis: Kennametal (KMT) vs. Its Competitors|
www.americanbankingnews.com - March 20 at 11:20 PM
|Kennametal (KMT) Downgraded to Hold at ValuEngine|
www.americanbankingnews.com - March 19 at 11:16 PM
|Kennametal Inc. Expected to Earn Q3 2018 Earnings of $0.74 Per Share (KMT)|
www.americanbankingnews.com - March 16 at 9:26 AM
|Kennametal to Attend Bank of America Merrill Lynch Global ... - PR Newswire (press release)|
www.prnewswire.com - March 14 at 8:20 AM
|Kennametal (KMT) Presents At JP Morgan Aviation, Transportation & Industrials Conference - Slideshow|
seekingalpha.com - March 13 at 7:24 PM
|Kennametal to Attend Bank of America Merrill Lynch Global Industrials Conference on March 21st - 22nd, 2018|
finance.yahoo.com - March 13 at 7:24 PM
|Kennametal (KMT) Raised to "Buy" at ValuEngine|
www.americanbankingnews.com - March 10 at 10:22 AM
|Kennametal To Attend J.P. Morgan Aviation, Transportation ... - PR Newswire (press release)|
www.prnewswire.com - March 7 at 8:10 AM
|Kennametal To Attend J.P. Morgan Aviation, Transportation & Industrials Conference On March 13, 2018|
finance.yahoo.com - March 6 at 5:45 PM
|Kennametal Sees Unusually Large Options Volume (KMT)|
www.americanbankingnews.com - March 6 at 8:26 AM
|Arizona State Retirement System Purchases 12,598 Shares of Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 6 at 4:36 AM
|WINTON GROUP Ltd Invests $6.07 Million in Kennametal Inc. (KMT) Stock|
www.americanbankingnews.com - March 5 at 4:08 PM
|$598.66 Million in Sales Expected for Kennametal Inc. (KMT) This Quarter|
www.americanbankingnews.com - March 5 at 9:59 AM
|UBS Asset Management Americas Inc. Increases Holdings in Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 5 at 9:42 AM
|Rhumbline Advisers Has $7.48 Million Position in Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 5 at 9:40 AM
|Bogle Investment Management L P DE Purchases New Position in Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 5 at 5:10 AM
|The Manufacturers Life Insurance Company Raises Position in Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 4 at 9:30 AM
|California Public Employees Retirement System Sells 5,010 Shares of Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 4 at 5:16 AM
|Bowen Hanes & Co. Inc. Has $25.10 Million Stake in Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 4 at 5:03 AM
|Kennametal Inc. (KMT) Shares Bought by BlackRock Inc.|
www.americanbankingnews.com - March 4 at 4:52 AM
|Kennametal Inc. (KMT) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - March 3 at 4:37 PM
|OppenheimerFunds Inc. Increases Stake in Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 3 at 10:34 AM
|Bank of New York Mellon Corp Increases Stake in Kennametal Inc. (KMT)|
www.americanbankingnews.com - March 3 at 4:42 AM
|Kennametal Inc. (KMT) Expected to Announce Earnings of $0.76 Per Share|
www.americanbankingnews.com - March 3 at 1:10 AM
|Kennametal Inc. (KMT) Holdings Increased by Kennedy Capital Management Inc.|
www.americanbankingnews.com - March 2 at 5:24 PM
|Kennametal Inc. (KMT) Shares Sold by Hudson Bay Capital Management LP|
www.americanbankingnews.com - March 1 at 12:04 PM
|Kennametal Enters Oversold Territory (KMT) - Nasdaq|
www.nasdaq.com - March 1 at 8:08 AM
Kennametal (NYSE:KMT) SEC Filings
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Kennametal (NYSE:KMT) Income Statement, Balance Sheet and Cash Flow Statement
Kennametal (NYSE KMT) Stock Chart for Wednesday, April, 25, 2018