Kennametal Inc. (KMT)
Market Cap | 2.26B |
Revenue (ttm) | 2.04B |
Net Income (ttm) | 101.39M |
Shares Out | 77.73M |
EPS (ttm) | 1.28 |
PE Ratio | 22.75 |
Forward PE | 19.65 |
Dividend | $0.80 (2.75%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 747,745 |
Open | 28.85 |
Previous Close | 28.83 |
Day's Range | 28.83 - 29.44 |
52-Week Range | 22.50 - 32.18 |
Beta | 1.64 |
Analysts | Hold |
Price Target | 25.00 (-14.15%) |
Earnings Date | Nov 6, 2024 |
About KMT
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. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment offers standard and custom products, including milling, hole making, turning, threading and toolmaking systems, and services, as well as specialized wear components and metallurgical powde... [Read more]
Financial Performance
In 2024, Kennametal's revenue was $2.05 billion, a decrease of -1.51% compared to the previous year's $2.08 billion. Earnings were $109.32 million, a decrease of -7.71%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for KMT stock is "Hold." The 12-month stock price forecast is $25.0, which is a decrease of -14.15% from the latest price.
News
Kennametal Named Among Top of Caterpillar Inc's 2024 Indirect Suppliers
PITTSBURGH , Nov. 13, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) is proud to announce that it has been recognized as one of Caterpillar Inc's top indirect suppliers in 2024. This prestigious rec...
Kennametal to Attend UBS Global Industrials and Transportation Conference
PITTSBURGH , Nov. 12, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the UBS Global Industrials and Transportation Conference in Manalapan, Florida. Details of ...
Kennametal Inc. (KMT) Q1 2025 Earnings Call Transcript
Kennametal Inc. (NYSE:KMT) Q1 2025 Earnings Conference Call November 6, 2024 9:30 AM ET Company Participants Michael Pici - Vice President of Investor Relations Sanjay Chowbey - President and Chief E...
Kennametal Announces Fiscal 2025 First Quarter Results
Strong cash from operations of $46 million compared to $26 million in the prior year; free operating cash flow of $21 million compared to negative $3 million in the prior year Earnings per diluted sha...
Kennametal Expands Legacy Portfolio with Three New Turning Products
One New Offering Specific to Small Parts Machining & Medical Applications PITTSBURGH , Oct. 25, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) is expanding its turning portfolio with the introducti...
Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Kennametal to Host Earnings Conference Call & Webcast on First Quarter Fiscal 2025 Results
PITTSBURGH , Oct. 16, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its first quarter fiscal year 2025 earnings call on Wednesday, November 6. The press release and presentation will be...
Kennametal Ranks Among World's Best Companies by TIME
PITTSBURGH , Sept. 12, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today its inclusion in TIME's World's Best Companies 2024.
Kennametal Highlights Achievements in Fiscal Year 2024 Corporate Responsibility Report
PITTSBURGH , Sept. 10, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that is has published its fiscal year 2024 Corporate Responsibility Report (previously ESG Report), outlining th...
Kennametal to Demo Latest Innovations at IMTS 2024
Leading manufacturer announces series of machining demonstrations led by the industry's best PITTSBURGH , Aug. 27, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT), has released its daily schedule of ...
Kennametal to Attend Morgan Stanley 12th Annual Laguna Conference
PITTSBURGH , Aug. 26, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Morgan Stanley 12th Annual Laguna Conference. Details of the conference are as follows:...
Kennametal to Attend Jefferies Industrials Conference
PITTSBURGH , Aug. 19, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Jefferies Industrial Conference in New York City. Details of the conference are as foll...
Kennametal's IMTS 2024 Booth Offers Chance to Take Home CNC Machine
Machining center to come complete with exclusive Kennametal tooling PITTSBURGH , Aug. 13, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT), an industrial technology leader, announced today that it wil...
Kennametal Inc. (KMT) Q4 2024 Earnings Call Transcript
Kennametal Inc. (NYSE:KMT) Q4 2024 Earnings Conference Call August 7, 2024 9:30 AM ET Company Participants Michael Pici - Vice President of Investor Relations Sanjay Chowbey - President and Chief Exe...
Kennametal Reports Fiscal 2024 and Fourth Quarter Results
Q4 earnings per diluted share (EPS) of $0.47 compared to $0.45 in the prior year quarter FY24 EPS of $1.37 and adjusted EPS of $1.50 Strong YTD cash from operations of $277 million compared to $258 mi...
Kennametal Announces David Bersaglini as President of Metal Cutting Segment
PITTSBURGH , Aug. 5, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that David Bersaglini will join the company as Vice President of Kennametal Inc. and President of the Metal Cuttin...
Kennametal to Host Earnings Conference Call & Webcast on Fourth Quarter and Fiscal 2024 Results
PITTSBURGH , July 17, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its fourth quarter and fiscal 2024 earnings call on Wednesday, August 7. The press release and presentation will be ava...
Kennametal to Shred Metal at IMTS 2024
Discover innovative tooling solutions, machining demonstrations, giveaways and more at the Kennametal booth PITTSBURGH , July 16, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that ...
Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...
Kennametal Provides Update on Arkansas Facility Damaged by Tornado
PITTSBURGH , June 11, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) ("the Company") announced today that it has resumed operations at its facility in Rogers, AR, following a previous shutdown due t...
Kennametal Statement about Facility Damaged by Arkansas Tornado
PITTSBURGH , May 28, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) ("the Company") announced today that its production facility in Rogers, AR, sustained damage early Sunday morning from a tornado t...
Kennametal to Attend KeyBanc 2024 Industrials and Basic Materials Conference
PITTSBURGH, May 9, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the KeyBanc 2024 Industrials and Basic Materials Conference in Boston. Details of the confere...
Kennametal Announces Fiscal 2024 Third Quarter Results
Strong YTD cash from operations of $163 million compared to $126 million in the prior year Earnings per diluted share (EPS) of $0.24 and adjusted EPS of $0.30 Returned approximately $31 million to sha...
Kennametal to Attend BofA Securities Transportation, Airlines and Industrial Conference 2024
PITTSBURGH , April 24, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the BofA Securities Transportation, Airlines and Industrials Conference in New York City. ...
Kennametal to Host Earnings Conference Call & Webcast on Third Quarter Fiscal 2024 Results
PITTSBURGH , April 17, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its third quarter fiscal year 2024 earnings call on Wednesday, May 8. The press release and presentation will be avai...