Kennametal Inc. (KMT)

NYSE: KMT · Real-Time Price · USD
29.12
+0.29 (1.01%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.01%
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]

Sector Industrials
Founded 1938
Employees 8,447
Stock Exchange NYSE
Ticker Symbol KMT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$25.0
(-14.15% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

9 days ago - PRNewsWire

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 ...

10 days ago - PRNewsWire

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...

16 days ago - Seeking Alpha

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...

16 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

Other symbols: HISWK
4 weeks ago - Benzinga

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...

5 weeks ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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:...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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 ...

Other symbols: PAYXSWK
4 months ago - Benzinga

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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. ...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire