NYSE:KMT

Kennametal Stock Forecast, Price & News

$34.48
-1.52 (-4.22 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$34.03
$36.20
50-Day Range
$34.48
$42.25
52-Week Range
$25.26
$43.04
Volume544,294 shs
Average Volume629,763 shs
Market Capitalization$2.88 billion
P/E Ratio287.33
Dividend Yield2.22%
Beta2.08
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 three segments: Industrial, Widia, 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 general engineering, aerospace, 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 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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Industry, Sector and Symbol

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Profitability

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MarketRank

Overall MarketRank

1.33 out of 5 stars

Industrial Products Sector

168th out of 408 stocks

Machine Tools, Metal Cutting Type Industry

1st out of 2 stocks

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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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 twelve months. There are currently 1 sell rating, 5 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.

What stocks does MarketBeat like better than Kennametal?

Wall Street analysts have given Kennametal a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Kennametal wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Kennametal's next earnings date?

Kennametal is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Kennametal
.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) released its earnings results on Sunday, May, 2nd. The industrial products company reported $0.32 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.11. The industrial products company had revenue of $484.66 million for the quarter, compared to analyst estimates of $471.43 million. Kennametal had a trailing twelve-month return on equity of 4.30% and a net margin of 0.60%. The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 EPS.
View Kennametal's earnings history
.

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

Kennametal's stock was trading at $20.13 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KMT shares have increased by 71.3% and is now trading at $34.48.
View which stocks have been most impacted by COVID-19
.

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

Kennametal declared a quarterly dividend on Monday, May 3rd. Stockholders of record on Tuesday, May 11th will be paid a dividend of $0.20 per share on Tuesday, May 25th. This represents a $0.80 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Monday, May 10th.
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 2.22%. Kennametal does not yet have a strong track record of dividend growth. The dividend payout ratio of Kennametal is 85.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Kennametal will have a dividend payout ratio of 45.98% next year. This indicates that Kennametal will be able to sustain or increase its dividend.
View Kennametal's dividend history.

What price target have analysts set for KMT?

7 brokers have issued 12 month price targets for Kennametal's shares. Their forecasts range from $22.00 to $48.00. On average, they anticipate Kennametal's share price to reach $35.83 in the next twelve months. This suggests a possible upside of 3.9% 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 57, Pay $973.82k)
  • Mr. Damon J. Audia, VP & Chief Financial Officer (Age 50, Pay $576.75k)
  • Ms. Judith L. Bacchus, VP & Chief Admin. Officer (Age 59, Pay $374.57k)
  • Dr. Carlonda R. Reilly Ph.D., VP & Chief Technology Officer (Age 53)
  • Ms. Kelly M. Boyer, VP of Investor Relations
  • Ms. Michelle Ruth Keating, VP, Sec. & Gen. Counsel (Age 45)
  • Mr. Franklin Cardenas, VP & Pres of Infrastructure Bus. Segment (Age 53)
  • Mr. Nicholas Pflugh, VP of Americas Inserts & Steel Manufacturing and Interim Chief Commercial Officer of Metal Cutting
  • Mr. Patrick S. Watson, VP of Fin. & Corp. Controller (Age 48)

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.

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 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.99%), Alliancebernstein L.P. (4.76%), Tinicum Inc (4.59%), Dimensional Fund Advisors LP (3.26%), Burgundy Asset Management Ltd. (3.13%) and Goldman Sachs Group Inc. (2.37%). Company insiders that own Kennametal stock include Cindy L Davis, Joseph Alvarado, Judith L Bacchus, Lawrence W Stranghoener, Michelle R Keating and Ronald L Port.
View institutional ownership trends for Kennametal
.

Which institutional investors are selling Kennametal stock?

KMT stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Victory Capital Management Inc., Lazard Asset Management LLC, Dimensional Fund Advisors LP, Millennium Management LLC, The Manufacturers Life Insurance Company, and Tinicum Inc. Company insiders that have sold Kennametal company stock in the last year include Cindy L Davis, and Judith L Bacchus.
View insider buying and selling activity for Kennametal
or view top insider-selling stocks.

Which institutional investors are buying Kennametal stock?

KMT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Jennison Associates LLC, Burgundy Asset Management Ltd., Goldman Sachs Group Inc., Geode Capital Management LLC, JPMorgan Chase & Co., Waddell & Reed Financial Inc., and Holocene Advisors LP.
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 $34.48.

How much money does Kennametal make?

Kennametal has a market capitalization of $2.88 billion and generates $1.89 billion in revenue each year. The industrial products company earns $-5,660,000.00 in net income (profit) each year or $0.94 on an earnings per share basis.

How many employees does Kennametal have?

Kennametal employs 9,000 workers across the globe.

What is Kennametal's official website?

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

Where are Kennametal's headquarters?

Kennametal is headquartered at 525 WILLIAM PENN PLACE SUITE 3300, PITTSBURGH PA, 15219.

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 or via email at [email protected]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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