NYSE:KMT - Kennametal Stock Price, Forecast & News

Kennametal trades on the New York Stock Exchange (NYSE) under the ticker symbol "KMT."

Kennametal announced a quarterly dividend on Monday, November 4th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.20 per share on Tuesday, November 26th. This represents a $0.80 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Friday, November 8th. View Kennametal's Dividend History.

Kennametal Inc. (NYSE:KMT) posted its quarterly earnings results on Monday, November, 4th. The industrial products company reported $0.17 earnings per share for the quarter, meeting analysts' consensus estimates of $0.17. The industrial products company had revenue of $518.09 million for the quarter, compared to analyst estimates of $517.49 million. Kennametal had a return on equity of 15.40% and a net margin of 8.31%. The company's quarterly revenue was down 11.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.70 EPS. View Kennametal's Earnings History.

Kennametal is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Kennametal.

Kennametal will be holding an earnings conference call on Monday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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 earnings per share estimate of $1.81.

8 Wall Street analysts have issued twelve-month price targets for Kennametal's stock. Their forecasts range from $25.00 to $47.00. On average, they anticipate Kennametal's stock price to reach $36.71 in the next twelve months. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets 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.

Press coverage about KMT stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kennametal earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage 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 impact on the stock's share price in the immediate future. View News Stories for Kennametal.

Kennametal saw a increase in short interest during 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. Currently, 5.3% of the shares of the stock are short sold. View Kennametal's Current Options Chain.

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), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kennametal investors own include NVIDIA (NVDA), Alibaba Group (BABA), Broadcom (AVGO), Intel (INTC), Lululemon Athletica (LULU), QUALCOMM (qcom), Canadian Natural Resources (CNQ), Las Vegas Sands (LVS), Tapestry (TPR) and Analog Devices (ADI).

Kennametal's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Roubaix Capital LLC (0.10%), Nisa Investment Advisors LLC (0.04%), State of Michigan Retirement System (0.03%), Janney Montgomery Scott LLC (0.03%), State of Alaska Department of Revenue (0.02%) and Zeke Capital Advisors 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 and Ronald L Port. View Institutional Ownership Trends for Kennametal.

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, Nisa Investment Advisors LLC and Janney Montgomery Scott 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.

KMT stock was bought by a variety of institutional investors in the last quarter, including Roubaix Capital LLC, Zurcher Kantonalbank Zurich Cantonalbank , Strs Ohio, Manchester Financial Inc., State of Michigan Retirement System and Pflug Koory LLC. View Insider Buying and Selling for 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.

One share of KMT stock can currently be purchased for approximately $34.40.

Kennametal has a market capitalization of $2.85 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.

The official website for Kennametal is http://www.kennametal.com/.

Kennametal's mailing address is 600 GRANT STREET, PITTSBURGH PA, 15219. The industrial products company can be reached via phone at 412-248-8000.