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NYSE:KMT - Kennametal Stock Price, Forecast & News

$18.19
+0.22 (+1.22 %)
(As of 03/31/2020 06:00 AM ET)
Today's Range
$17.63
Now: $18.19
$18.35
50-Day Range
$15.17
MA: $24.81
$32.35
52-Week Range
$14.45
Now: $18.19
$42.03
Volume931,359 shs
Average Volume1.13 million shs
Market Capitalization$1.51 billion
P/E Ratio11.59
Dividend Yield4.45%
Beta2.19
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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Kennametal logo

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$4.47 per share
Book Value$16.68 per share

Profitability

Net Income$241.93 million

Miscellaneous

Employees10,400
Market Cap$1.51 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Kennametal (NYSE:KMT) Frequently Asked Questions

How has Kennametal's stock been impacted by COVID-19 (Coronavirus)?

Kennametal's stock was trading at $20.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KMT stock has decreased by 9.6% and is now trading at $18.19. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Kennametal's next earnings date?

Kennametal is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Kennametal.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) released its quarterly earnings results on Monday, February, 3rd. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.03. The industrial products company earned $505.08 million during the quarter, compared to analyst estimates of $520.96 million. Kennametal had a return on equity of 11.97% and a net margin of 5.89%. Kennametal's revenue for the quarter was down 14.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share. View Kennametal's earnings history.

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

Kennametal declared a quarterly dividend on Monday, February 3rd. Stockholders of record on Tuesday, February 11th will be paid a dividend of $0.20 per share on Tuesday, February 25th. This represents a $0.80 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend is Monday, February 10th. View Kennametal's dividend history.

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

Kennametal issued an update on its FY20 earnings guidance on Monday, February, 3rd. The company provided EPS guidance of $1.20-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.77.

What price target have analysts set for KMT?

8 brokerages have issued 12 month price targets for Kennametal's stock. Their forecasts range from $25.00 to $40.00. On average, they anticipate Kennametal's share price to reach $29.57 in the next year. This suggests a possible upside of 62.6% from the stock's current price. View analysts' price targets for Kennametal.

Has Kennametal been receiving favorable news coverage?

Headlines about KMT stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kennametal earned a news impact score of 1.5 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutKennametal.

Are investors shorting Kennametal?

Kennametal saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 3,664,100 shares, a decrease of 15.6% from the February 27th total of 4,340,000 shares. Based on an average trading volume of 875,400 shares, the days-to-cover ratio is currently 4.2 days. Currently, 4.5% of the company's shares are short sold. 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), Alibaba Group (BABA), Broadcom (AVGO), Intel (INTC), Lululemon Athletica (LULU), QUALCOMM (QCOM), Canadian Natural Resources (CNQ), Las Vegas Sands (LVS), AT&T (T) and Tapestry (TPR).

Who are Kennametal's key executives?

Kennametal's management team includes the following 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)

What is Kennametal's stock symbol?

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

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 $18.19.

How big of a company is Kennametal?

Kennametal has a market capitalization of $1.51 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:  414 (Vote Outperform)
Underperform Votes:  560 (Vote Underperform)
Total Votes:  974
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 3/31/2020 by MarketBeat.com Staff

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