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.
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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 Date11/4/2019 (Estimated)
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 announced a quarterly dividend on Monday, August 5th. Stockholders of record on Tuesday, August 13th will be paid a dividend of $0.20 per share on Tuesday, August 27th. This represents a $0.80 annualized dividend and a dividend yield of 2.55%. The ex-dividend date is Monday, August 12th. View Kennametal's Dividend History.
How were Kennametal's earnings last quarter?
Kennametal Inc. (NYSE:KMT) released its earnings results on Monday, August, 5th. The industrial products company reported $0.84 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.86 by $0.02. The industrial products company earned $603.95 million during the quarter, compared to analysts' expectations of $643.95 million. Kennametal had a return on equity of 18.97% and a net margin of 10.19%. The business's revenue was down 6.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.87 EPS. View Kennametal's Earnings History.
When is Kennametal's next earnings date?
What guidance has Kennametal issued on next quarter's earnings?
Kennametal updated its FY20 earnings guidance on Monday, August, 5th. The company provided earnings per share guidance of $2.80-3.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.21.
What price target have analysts set for KMT?
6 brokers have issued twelve-month target prices for Kennametal's stock. Their predictions range from $27.00 to $47.00. On average, they anticipate Kennametal's share price to reach $34.25 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Kennametal.
What is the consensus analysts' recommendation for Kennametal?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kennametal in the last year. There are currently 3 sell ratings, 1 hold rating and 2 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 negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kennametal earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Kennametal.
Are investors shorting Kennametal?
Kennametal saw a drop in short interest in August. As of August 31st, there was short interest totalling 2,454,700 shares, a drop of 7.2% from the July 31st total of 2,645,300 shares. Based on an average trading volume of 878,600 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.1% of the company's shares 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 Cimic Group (CIM), Packaging Corp Of America (PKG), Melrose Industries (MRO), Avery Dennison (AVY), Allegion (ALLE), Halma (HLMAF), CAE (CAE), Crown (CCK), Nordson (NDSN), A. O. Smith (AOS), AB SKF (SKFRY), Graco (GGG), DAI NIPPON PRTG/S (DNPLY), AptarGroup (ATR) and Hubbell (HUBB).
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 institutional and retail investors. Top institutional investors include BlackRock Inc. (11.74%), BlackRock Inc. (11.73%), Vanguard Group Inc. (10.04%), Janus Henderson Group PLC (3.47%), Janus Henderson Group PLC (3.47%) and Invesco Ltd. (3.39%). 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, Robert J Clemens, Steven H Wunning and Timothy R Mclevish. 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 Victory Capital Management Inc., Renaissance Technologies LLC, Royal Bank of Canada, Vanguard Group Inc., Dalton Greiner Hartman Maher & Co., Wells Fargo & Company MN, Prudential Financial Inc. and Gabelli Funds LLC. Company insiders that have sold Kennametal company stock in the last year include Cindy L Davis, Judith L Bacchus, Lawrence W Stranghoener, Michelle R Keating, Patrick S Watson and Peter A Dragich. View Insider Buying and Selling for Kennametal.
Which major investors are buying Kennametal stock?
KMT stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, William Blair Investment Management LLC, Invesco Ltd., BlackRock Inc., BlackRock Inc., Bank of America Corp DE and Golden Gate Private Equity Inc.. 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 $31.35.
How big of a company is Kennametal?
Kennametal has a market capitalization of $2.58 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.
