NYSE:KMT Kennametal - KMT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kennametal Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $25.94 +0.54 (+2.13%) (As of 03/21/2023 05:34 PM ET) Add Compare Share Share Today's Range$25.79▼$26.2850-Day Range$24.79▼$30.5852-Week Range$20.21▼$31.22Volume1.14 million shsAverage Volume987,577 shsMarket Capitalization$2.09 billionP/E Ratio16.95Dividend Yield3.08%Price Target$26.71 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kennametal MarketRank™ ForecastAnalyst RatingHold1.50 Rating ScoreUpside/Downside3.0% Upside$26.71 Price TargetShort InterestHealthy4.44% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$44,858 Sold Last QuarterProj. Earnings Growth18.88%From $1.43 to $1.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.66 out of 5 starsIndustrial Products Sector154th out of 179 stocksMachine Tools, Metal Cutting Type Industry1st out of 1 stocks 0.8 Analyst's Opinion Consensus RatingKennametal has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 3 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.71, Kennametal has a forecasted upside of 3.0% from its current price of $25.94.Amount of Analyst CoverageKennametal has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.44% of the float of Kennametal has been sold short.Short Interest Ratio / Days to CoverKennametal has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Kennametal has recently decreased by 4.25%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldKennametal pays a meaningful dividend of 3.23%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKennametal does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kennametal is 52.29%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Kennametal will have a dividend payout ratio of 47.06% next year. This indicates that Kennametal will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KMT. Previous Next 1.4 News and Social Media Coverage News SentimentKennametal has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 1 news article for Kennametal this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 3 people have added Kennametal to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kennametal insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,858.00 in company stock.Percentage Held by InsidersOnly 1.61% of the stock of Kennametal is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kennametal are expected to grow by 18.88% in the coming year, from $1.43 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kennametal is 16.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Kennametal is 16.95, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.24.Price to Earnings Growth RatioKennametal has a PEG Ratio of 3.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKennametal has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kennametal (NYSE:KMT) StockKennametal, Inc. engages in the development and application of tungsten carbides, ceramics, and solutions used in metal cutting and extreme wear applications. It operates through the following segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy and transportation. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, primarily for the energy, earthworks and general engineering end markets. The company was founded by Philip M. McKenna in 1938 and is headquartered in Pittsburgh, PA.Read More Receive KMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kennametal and its competitors with MarketBeat's FREE daily newsletter. Email Address KMT Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comWhat Does Kennametal Inc.'s (NYSE:KMT) Share Price Indicate?March 3, 2023 | finance.yahoo.comKennametal to Attend J. P. Morgan 2023 Industrials ConferenceMarch 21, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 2, 2023 | finance.yahoo.comKennametal to Attend Loop Capital ConferenceMarch 2, 2023 | finance.yahoo.comKennametal's Ariel Shasko recognized by the Manufacturing Institute, Receives Emerging Leader award as part of 2023 Women MAKE AwardsFebruary 28, 2023 | benzinga.comKennametal Stock (NYSE:KMT), Quotes and News SummaryFebruary 24, 2023 | finance.yahoo.comShareholders in Kennametal (NYSE:KMT) are in the red if they invested five years agoFebruary 16, 2023 | finance.yahoo.comKENNAMETAL INTRODUCES GOLD STANDARD TURNING INSERT GRADE WITH ADVANCED COATING TECHNOLOGYMarch 21, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 13, 2023 | finance.yahoo.comKennametal Names Michael Pici Vice President, Investor RelationsFebruary 10, 2023 | finance.yahoo.comShould Income Investors Look At Kennametal Inc. (NYSE:KMT) Before Its Ex-Dividend?February 6, 2023 | finance.yahoo.comKennametal Announces Fiscal 2023 Second Quarter ResultsFebruary 6, 2023 | finance.yahoo.comKennametal (KMT) Q2 Earnings and Revenues Beat EstimatesJanuary 29, 2023 | finance.yahoo.comKennametal Inc. (KMT) Stock Historical Prices & Data - Yahoo FinanceJanuary 16, 2023 | finance.yahoo.comKennametal to Host Earnings Conference Call & Webcast on Second Quarter Fiscal 2023 ResultsJanuary 16, 2023 | markets.businessinsider.comJ.P. Morgan Reaffirms Their Sell Rating on Kennametal (KMT)January 4, 2023 | finance.yahoo.comReturns On Capital At Kennametal (NYSE:KMT) Have Hit The BrakesJanuary 3, 2023 | finance.yahoo.comShould You Buy the Dip in These 2 Manufacturing Tools Stocks Amid Industry Challenges?December 15, 2022 | finance.yahoo.comKennametal Names Paul Sternlieb to Board of DirectorsDecember 7, 2022 | finance.yahoo.comIs Kennametal Inc.'s (NYSE:KMT) Recent Stock Performance Influenced By Its Financials In Any Way?December 2, 2022 | finance.yahoo.comKennametal to Participate in Non-Deal Roadshow Hosted by KeyBanc on December 8 and 9, 2022November 23, 2022 | finance.yahoo.comA Look At The Fair Value Of Kennametal Inc. (NYSE:KMT)November 9, 2022 | finance.yahoo.comKennametal First Quarter 2023 Earnings: Revenues Beat Expectations, EPS LagsNovember 4, 2022 | finance.yahoo.comThere's A Lot To Like About Kennametal's (NYSE:KMT) Upcoming US$0.20 DividendNovember 3, 2022 | msn.comFriday Is Your Last Chance To Buy Kennametal Before The Dividend PayoutNovember 1, 2022 | finance.yahoo.comKennametal Announces Fiscal 2023 First Quarter ResultsNovember 1, 2022 | finance.yahoo.comKennametal (KMT) Lags Q1 Earnings EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kennametal and its competitors with MarketBeat's FREE daily newsletter. Email Address KMT Company Calendar Last Earnings2/06/2023Ex-Dividend for 2/28 Dividend2/13/2023Dividend Payable2/28/2023Today3/21/2023Next Earnings (Estimated)5/01/2023Fiscal Year End6/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Machine tools, metal cutting type Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:KMT CUSIP48917010 CIK55242 Webwww.kennametal.com Phone(412) 248-8000Fax724-539-5750Employees8,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.71 High Stock Price Forecast$35.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+2.4%Consensus RatingHold Rating Score (0-4)1.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio17.05 Forward P/E Ratio18.24 P/E Growth3.46Net Income$144.62 million Net Margins6.25% Pretax Margin8.83% Return on Equity10.26% Return on Assets5.15% Debt Debt-to-Equity Ratio0.46 Current Ratio2.12 Quick Ratio0.90 Sales & Book Value Annual Sales$2.01 billion Price / Sales1.04 Cash Flow$3.58 per share Price / Cash Flow7.29 Book Value$15.63 per share Price / Book1.67Miscellaneous Outstanding Shares80,530,000Free Float79,231,000Market Cap$2.10 billion OptionableOptionable Beta1.89 Key ExecutivesChristopher RossiPresident, CEO & Non-Independent DirectorPatrick S. WatsonChief Financial Officer & Vice PresidentCarlonda R. ReillyChief Technology Officer & Vice PresidentJudith L. BacchusChief Administrative Officer & Vice PresidentMichelle Ruth KeatingSecretary, Vice President & General CounselKey CompetitorsHelios TechnologiesNASDAQ:HLIOESCO TechnologiesNYSE:ESEMueller Water ProductsNYSE:MWAAlamo GroupNYSE:ALGKadantNYSE:KAIView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Bought 297,345 shares on 3/10/2023Ownership: 4.032%John Wayne WittSold 800 sharesTotal: $23,688.00 ($29.61/share)NatixisBought 58,270 shares on 2/24/2023Ownership: 0.105%Teachers Retirement System of The State of KentuckyBought 3,000 shares on 2/22/2023Ownership: 0.016%Northwestern Mutual Investment Management Company LLCSold 4,291 shares on 2/21/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions KMT Stock - Frequently Asked Questions Should I buy or sell Kennametal stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kennametal in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMT, but not buy additional shares or sell existing shares. View KMT analyst ratings or view top-rated stocks. What is Kennametal's stock price forecast for 2023? 6 brokers have issued 12 month price targets for Kennametal's shares. Their KMT share price forecasts range from $19.00 to $35.00. On average, they predict the company's stock price to reach $26.71 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View analysts price targets for KMT or view top-rated stocks among Wall Street analysts. How have KMT shares performed in 2023? Kennametal's stock was trading at $24.06 at the start of the year. Since then, KMT stock has increased by 8.4% and is now trading at $26.08. View the best growth stocks for 2023 here. Are investors shorting Kennametal? Kennametal saw a decline in short interest in February. As of February 15th, there was short interest totaling 3,530,000 shares, a decline of 17.5% from the January 31st total of 4,280,000 shares. Based on an average daily trading volume, of 558,800 shares, the short-interest ratio is currently 6.3 days. Currently, 4.6% of the shares of the company are sold short. View Kennametal's Short Interest. When is Kennametal's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our KMT earnings forecast. How were Kennametal's earnings last quarter? Kennametal Inc. (NYSE:KMT) issued its quarterly earnings results on Monday, February, 6th. The industrial products company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.05. The industrial products company earned $497 million during the quarter, compared to analyst estimates of $491.88 million. Kennametal had a net margin of 6.25% and a trailing twelve-month return on equity of 10.26%. Kennametal's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.35 EPS. How often does Kennametal pay dividends? What is the dividend yield for Kennametal? Kennametal declared a quarterly dividend on Monday, February 6th. Stockholders of record on Tuesday, February 14th will be paid a dividend of $0.20 per share on Tuesday, February 28th. This represents a $0.80 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Monday, February 13th. Read our dividend analysis for KMT. What ETFs hold Kennametal's stock? ETFs with the largest weight of Kennametal (NYSE:KMT) stock in their portfolio include Schwab Ariel ESG ETF (SAEF), Pacer US Export Leaders ETF (PEXL), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Active Factor Mid Cap ETF (AFMC), First Trust Small Cap Value AlphaDEX Fund (FYT), Small Cap US Equity Select ETF (RNSC) and Avantis U.S. Small Cap Value ETF (AVUV). Is Kennametal a good dividend stock? Kennametal (NYSE:KMT) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.23%. The dividend payout ratio is 52.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KMT will have a dividend payout ratio of 47.06% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KMT. How will Kennametal's stock buyback program work? Kennametal announced that its board has initiated a stock repurchase plan on Monday, August 2nd 2021, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued. What guidance has Kennametal issued on next quarter's earnings? Kennametal updated its third quarter 2023 earnings guidance on Monday, February, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $520.00 million-$540.00 million, compared to the consensus revenue estimate of $510.46 million. What is Christopher Rossi's approval rating as Kennametal's CEO? 15 employees have rated Kennametal Chief Executive Officer Christopher Rossi on Glassdoor.com. Christopher Rossi has an approval rating of 83% among the company's employees. What other stocks do shareholders of Kennametal own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kennametal investors own include Intel (INTC), QUALCOMM (QCOM), AT&T (T), Ford Motor (F), Phillips 66 (PSX), Alcoa (AA), AbbVie (ABBV), Broadcom (AVGO), Bank of America (BAC) and Commercial Metals (CMC). What is Kennametal's stock symbol? Kennametal trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMT." Who are Kennametal's major shareholders? Kennametal's stock is owned by a number of institutional and retail investors. Top institutional investors include Ariel Investments LLC (12.87%), Burgundy Asset Management Ltd. (5.57%), Dimensional Fund Advisors LP (5.22%), Victory Capital Management Inc. (4.03%), Victory Capital Management Inc. (4.03%) and Victory Capital Management Inc. (3.97%). Insiders that own company stock include Cindy L Davis, John Wayne Witt, Joseph Alvarado, Judith L Bacchus, Lawrence W Stranghoener, Michelle R Keating, Ronald L Port and William M Lambert. View institutional ownership trends. How do I buy shares of Kennametal? Shares of KMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Kennametal's stock price today? One share of KMT stock can currently be purchased for approximately $26.08. How much money does Kennametal make? Kennametal (NYSE:KMT) has a market capitalization of $2.10 billion and generates $2.01 billion in revenue each year. The industrial products company earns $144.62 million in net income (profit) each year or $1.53 on an earnings per share basis. How many employees does Kennametal have? The company employs 8,600 workers across the globe. How can I contact Kennametal? Kennametal's mailing address is 525 WILLIAM PENN PLACE SUITE 3300, PITTSBURGH PA, 15219. The official website for the company is www.kennametal.com. The industrial products company can be reached via phone at (412) 248-8000, via email at kelly.boyer@kennametal.com, or via fax at 724-539-5750. This page (NYSE:KMT) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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