S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:KMT

Kennametal (KMT) Stock Forecast, Price & News

$25.84
-0.28 (-1.07%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$25.28
$26.51
50-Day Range
$25.73
$30.79
52-Week Range
$25.00
$41.22
Volume
796,408 shs
Average Volume
1.02 million shs
Market Capitalization
$2.14 billion
P/E Ratio
15.85
Dividend Yield
3.06%
Beta
1.91
30 days | 90 days | 365 days | Advanced Chart
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Kennametal logo

About Kennametal

Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The company offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the 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 provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to aerospace, general engineering, energy, and transportation customers. In addition, the company produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide and specialty alloy powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. 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 distributors; integrated supplier channels; and through the Internet. Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania.

Headlines

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Industry, Sector and Symbol

Industry
Machine tools, metal cutting type
Sub-Industry
Industrial Machinery
CUSIP
48917010
Employees
8,635
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.84 billion
Cash Flow
$2.54 per share
Book Value
$16.48 per share

Profitability

Net Income
$54.43 million
Pretax Margin
10.00%

Debt

Price-To-Earnings

Miscellaneous

Free Float
81,423,000
Market Cap
$2.14 billion
Optionable
Optionable

Company Calendar

Dividend Payable
3/01/2022
Last Earnings
5/02/2022
Ex-Dividend for 5/24 Dividend
5/09/2022
Today
5/21/2022
Dividend Payable
5/24/2022
Fiscal Year End
6/30/2022
Next Earnings (Estimated)
8/01/2022
Ex-Dividend for 3/1 Dividend
1/01/2100

MarketRank

Overall MarketRank

2.69 out of 5 stars

Industrial Products Sector

54th out of 254 stocks

Machine Tools, Metal Cutting Type Industry

1st out of 1 stocks

Analyst Opinion: 2.9Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -













Kennametal (NYSE:KMT) Frequently Asked Questions

Is Kennametal a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kennametal in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Kennametal stock. 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 analyst ratings for Kennametal
or view top-rated stocks.

When is Kennametal's next earnings date?

Kennametal is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for Kennametal
.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) announced its quarterly earnings results on Monday, May, 2nd. The industrial products company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.05. Kennametal had a trailing twelve-month return on equity of 11.05% and a net margin of 6.91%. During the same quarter in the prior year, the firm earned $0.32 earnings per share.
View Kennametal's earnings history
.

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

Kennametal announced a quarterly dividend on Tuesday, May 3rd. Stockholders of record on Tuesday, May 10th will be paid a dividend of $0.20 per share on Tuesday, May 24th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend is Monday, May 9th.
View Kennametal's dividend history
.

Is Kennametal a good dividend stock?

Kennametal pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.06%. The dividend payout ratio of Kennametal is 49.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kennametal will have a dividend payout ratio of 37.91% next year. This indicates that Kennametal will be able to sustain or increase its dividend.
View Kennametal's dividend history.

How will Kennametal's stock buyback program work?

Kennametal announced that its board has authorized a stock repurchase program on Monday, August 2nd 2021, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

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

Kennametal issued an update on its fourth quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $510.00 million-$530.00 million, compared to the consensus revenue estimate of $543.30 million.

What price target have analysts set for KMT?

7 brokerages have issued 1 year price objectives for Kennametal's shares. Their forecasts range from $28.00 to $49.00. On average, they anticipate Kennametal's stock price to reach $35.71 in the next year. This suggests a possible upside of 38.2% from the stock's current price.
View analysts' price targets for Kennametal
or view top-rated stocks among Wall Street analysts.

Who are Kennametal's key executives?
Kennametal's management team includes the following people:
  • Mr. Christopher Rossi, Pres, CEO & Director (Age 58, Pay $2.65M)
  • Mr. Damon J. Audia, VP & CFO (Age 51, Pay $1.24M)
  • Ms. Judith L. Bacchus, VP & Chief Admin. Officer (Age 60, Pay $693.16k) (LinkedIn Profile)
  • Ms. Michelle Ruth Keating, VP, Sec. & Gen. Counsel (Age 46, Pay $659.77k)
  • Mr. Franklin Cardenas, VP & Pres of Infrastructure Bus. Segment (Age 54, Pay $1.06M)
  • Dr. Carlonda R. Reilly Ph.D., VP & Chief Technology Officer (Age 54)
  • Ms. Kelly M. Boyer, VP of Investor Relations
  • Mr. Nicholas Pflugh, VP of Americas Inserts & Steel Manufacturing and Interim Chief Commercial Officer of Metal Cutting
  • Mr. Sanjay K. Chowbey, VP & Pres of Metal Cutting Bus. Segment (Age 54)
  • Mr. Patrick S. Watson, VP of Fin. & Corp. Controller (Age 49)
What is Christopher Rossi's approval rating as Kennametal's CEO?

15 employees have rated Kennametal CEO Christopher Rossi on Glassdoor.com. Christopher Rossi has an approval rating of 83% among Kennametal'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 (11.75%), BlackRock Inc. (11.60%), Vanguard Group Inc. (9.82%), Wellington Management Group LLP (8.84%), Dimensional Fund Advisors LP (3.63%) and Victory Capital Management Inc. (3.56%). Company insiders that own Kennametal stock include Cindy L Davis, Joseph Alvarado, Judith L Bacchus, Lawrence W Stranghoener, Ronald L Port and William M Lambert.
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 Invesco Ltd., Wellington Management Group LLP, Jennison Associates LLC, Goldman Sachs Group Inc., Foundry Partners LLC, Russell Investments Group Ltd., New York State Common Retirement Fund, and Madison Asset Management LLC.
View insider buying and selling activity for Kennametal
or view top insider-selling stocks.

Which major investors are buying Kennametal stock?

KMT stock was purchased by a variety of institutional investors in the last quarter, including Ariel Investments LLC, Victory Capital Management Inc., Engineers Gate Manager LP, Dimensional Fund Advisors LP, State Street Corp, BlackRock Inc., American Century Companies Inc., and Edgestream Partners L.P.. Company insiders that have bought Kennametal stock in the last two years include Joseph Alvarado, and William M Lambert.
View insider buying and selling activity for Kennametal
or or view top insider-buying stocks.

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 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 $25.84.

How much money does Kennametal make?

Kennametal has a market capitalization of $2.14 billion and generates $1.84 billion in revenue each year. The industrial products company earns $54.43 million in net income (profit) each year or $1.629990 on an earnings per share basis.

How many employees does Kennametal have?

Kennametal employs 8,635 workers across the globe.

What is Kennametal's official website?

The official website for Kennametal is www.kennametal.com.

How can I contact Kennametal?

Kennametal's mailing address is 525 WILLIAM PENN PLACE SUITE 3300, PITTSBURGH PA, 15219. The industrial products company can be reached via phone at (412) 248-8000, via email at [email protected], or via fax at 724-539-5750.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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