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 Date2/3/2020 (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 declared a quarterly dividend on Monday, November 4th. Shareholders of record on Tuesday, November 12th will be paid a dividend of $0.20 per share on Tuesday, November 26th. This represents a $0.80 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Friday, November 8th. View Kennametal's Dividend History.
How were Kennametal's earnings last quarter?
Kennametal Inc. (NYSE:KMT) issued its quarterly earnings results on Monday, November, 4th. The industrial products company reported $0.17 EPS for the quarter, meeting analysts' consensus estimates of $0.17. The industrial products company earned $518.09 million during the quarter, compared to the consensus estimate of $517.49 million. Kennametal had a return on equity of 15.40% and a net margin of 8.31%. The firm's quarterly revenue was down 11.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.70 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, November, 4th. The company provided earnings per share guidance of $1.70-2.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.81.
What price target have analysts set for KMT?
8 brokers have issued 1 year price targets for Kennametal's stock. Their forecasts range from $25.00 to $47.00. On average, they expect Kennametal's stock price to reach $36.71 in the next year. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Kennametal.
What is the consensus analysts' recommendation for Kennametal?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kennametal in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kennametal.
Has Kennametal been receiving favorable news coverage?
Press coverage about KMT stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kennametal earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Kennametal.
Are investors shorting Kennametal?
Kennametal saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,210,000 shares, an increase of 6.3% from the December 15th total of 3,960,000 shares. Based on an average trading volume of 978,200 shares, the days-to-cover ratio is currently 4.3 days. Approximately 5.3% of the shares of the stock are sold short. View Kennametal's Current Options Chain.
Who are some of Kennametal's key competitors?
Some companies that are related to Kennametal include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).
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 many different of retail and institutional investors. Top institutional shareholders include Roubaix Capital LLC (0.10%), Nisa Investment Advisors LLC (0.04%), State of Alaska Department of Revenue (0.02%), Zeke Capital Advisors LLC (0.02%), Sciencast Management LP (0.01%) and Pflug Koory LLC (0.01%). 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 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 Zeke Capital Advisors LLC, Cerebellum GP LLC, Sciencast Management LP, State of Alaska Department of Revenue and Nisa Investment Advisors LLC. Company insiders that have sold Kennametal company stock in the last year include Cindy L Davis, Lawrence W Stranghoener, Michelle R Keating, Patrick S Watson, Peter A Dragich and Ronald L Port. 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 $36.32.
How big of a company is Kennametal?
Kennametal has a market capitalization of $3.01 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.
