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New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
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S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
$130 trillion revolution in this cup? (Ad)
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
$130 trillion revolution in this cup? (Ad)
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
$130 trillion revolution in this cup? (Ad)
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
NYSE:KMT

Kennametal - KMT Stock Forecast, Price & News

$21.80
+1.22 (+5.93%)
(As of 10/3/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.61
$21.98
50-Day Range
$20.55
$27.62
52-Week Range
$20.21
$41.22
Volume
1.04 million shs
Average Volume
807,458 shs
Market Capitalization
$1.78 billion
P/E Ratio
12.67
Dividend Yield
3.89%
Price Target
$27.25

Kennametal MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
24.4% Upside
$27.13 Price Target
Short Interest
Bearish
6.27% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.01mentions of Kennametal in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.94%
From $1.92 to $2.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Industrial Products Sector

68th out of 186 stocks

Machine Tools, Metal Cutting Type Industry

1st out of 1 stocks

KMT stock logo

About Kennametal (NYSE:KMT) Stock

Kennametal Inc. engages in development and application of 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. The company operates through two segments, Metal Cutting and Infrastructure. It 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. The company 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, it 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 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. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.

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KMT Stock News Headlines

Kennametal (NYSE:KMT) Price Target Lowered to $24.00 at Barclays
5 Game-Changing Cheap Stocks
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Kennametal (NYSE:KMT) Lowered to Hold at StockNews.com
Tool Steel Global Market Report 2022 - Yahoo Finance UK
Tool Steel Global Market Report 2022 - GlobeNewswire
5 Game-Changing Cheap Stocks
These 5 stocks have the potential to outperform the overall market over time because of their future potential. They are well-positioned to deliver a high upside to investors over the next 12 to 18 months. Discover all the details - including name and ticker symbol - here. pixel
Kennametal (NYSE:KMT) Hits New 12-Month Low at $21.23
Kennametal: Dividend Insights - Benzinga
See More Headlines
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KMT Company Calendar

Last Earnings
8/01/2022
Ex-Dividend for 8/23 Dividend
8/08/2022
Dividend Payable
8/23/2022
Today
10/03/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Machine tools, metal cutting type
Sub-Industry
Industrial Machinery
CUSIP
48917010
Employees
8,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$27.13
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+25.0%
Consensus Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
8 Analysts

Profitability

Net Income
$144.62 million
Pretax Margin
10.27%

Debt

Sales & Book Value

Annual Sales
$2.01 billion
Cash Flow
$3.60 per share
Book Value
$15.63 per share

Miscellaneous

Free Float
80,177,000
Market Cap
$1.78 billion
Optionable
Optionable
Beta
1.84

Key Executives

  • Mr. Christopher Rossi (Age 58)
    Pres, CEO & Director
    Comp: $2.65M
  • Ms. Judith L. BacchusMs. Judith L. Bacchus (Age 60)
    VP & Chief Admin. Officer
    Comp: $693.16k
  • Ms. Michelle Ruth Keating (Age 46)
    VP, Sec. & Gen. Counsel
    Comp: $659.77k
  • Mr. Franklin Cardenas (Age 54)
    VP & Pres of Infrastructure Bus. Segment
    Comp: $1.06M
  • Mr. Patrick S. Watson (Age 49)
    VP & CFO
  • Dr. Carlonda R. Reilly Ph.D. (Age 54)
    VP & Chief Technology Officer
  • Ms. Kelly Marie 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 (Age 54)
    Pres of Metal Cutting
  • Mr. John W. Witt (Age 43)
    VP of Fin. & Corp. Controller













KMT Stock - Frequently Asked Questions

Should I buy or sell Kennametal stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kennametal in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 2022?

8 equities research analysts have issued 1 year target prices for Kennametal's shares. Their KMT share price forecasts range from $19.00 to $45.00. On average, they expect the company's stock price to reach $27.13 in the next twelve months. This suggests a possible upside of 24.4% 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 2022?

Kennametal's stock was trading at $35.91 at the beginning of the year. Since then, KMT stock has decreased by 39.3% and is now trading at $21.80.
View the best growth stocks for 2022 here
.

When is Kennametal's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our KMT earnings forecast
.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) announced its quarterly earnings data on Monday, August, 1st. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.06. The industrial products company had revenue of $530.02 million for the quarter, compared to analysts' expectations of $516.09 million. Kennametal had a trailing twelve-month return on equity of 11.10% and a net margin of 7.19%. Kennametal's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.53 earnings per share.

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

Kennametal announced a quarterly dividend on Tuesday, August 2nd. Investors of record on Tuesday, August 9th will be paid a dividend of $0.20 per share on Tuesday, August 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend is Monday, August 8th.
Read our dividend analysis for KMT
.

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 3.89%. The dividend payout ratio is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KMT will have a dividend payout ratio of 37.56% 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 declared that its Board of Directors has authorized a stock repurchase plan on Monday, August 2nd 2021, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

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

Kennametal updated its first quarter 2023 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $480.00 million-$500.00 million, compared to the consensus revenue estimate of $485.44 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."

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 $21.80.

How much money does Kennametal make?

Kennametal (NYSE:KMT) has a market capitalization of $1.78 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 $1.72 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 10/4/2022 by MarketBeat.com Staff

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