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 given a dividend of $0.20 per share on Tuesday, August 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Monday, August 12th. View Kennametal's Dividend History.
How were Kennametal's earnings last quarter?
Kennametal Inc. (NYSE:KMT) posted its earnings results on Monday, August, 5th. The industrial products company reported $0.84 EPS for the quarter, missing the 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%. Kennametal's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 earnings per share. 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 EPS 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 Wall Street analysts have issued 1-year target prices for Kennametal's shares. Their predictions range from $27.00 to $47.00. On average, they anticipate Kennametal's stock price to reach $34.25 in the next twelve months. This suggests a possible upside of 16.6% 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 articles about KMT stock have been trending negative recently, according to InfoTrie. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kennametal earned a coverage optimism score of -2.6 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Kennametal.
Are investors shorting Kennametal?
Kennametal saw a decrease in short interest in September. As of September 30th, there was short interest totalling 2,540,000 shares, a decrease of 7.6% from the August 30th total of 2,750,000 shares. Based on an average daily trading volume, of 753,400 shares, the short-interest ratio is currently 3.4 days. Approximately 3.2% of the company's stock 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 Allegion (ALLE), Avery Dennison (AVY), Halma (HLMAF), CAE (CAE), Crown (CCK), Nordson (NDSN), Fortune Brands Home & Security (FBHS), DAI NIPPON PRTG/S (DNPLY), A. O. Smith (AOS), AB SKF (SKFRY), AptarGroup (ATR), Graco (GGG), Hubbell (HUBB), Norsk Hydro ASA (NHYDY) and DISCO CORP/ADR (DSCSY).
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 retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.32%), Pacer Advisors Inc. (0.04%), State of Alaska Department of Revenue (0.02%) and Cerebellum GP LLC (0.02%). 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 institutional investors are selling Kennametal stock?
KMT stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Pacer Advisors Inc.. 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 institutional investors are buying Kennametal stock?
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 $29.38.
How big of a company is Kennametal?
Kennametal has a market capitalization of $2.43 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.
