Kennametal Inc. (KMT)

NYSE: KMT · IEX Real-Time Price · USD
30.22
-0.36 (-1.18%)
Feb 3, 2023, 4:00 PM EST - Market closed
-1.18%
Market Cap 2.44B
Revenue (ttm) 2.02B
Net Income (ttm) 136.62M
Shares Out 80.58M
EPS (ttm) 1.63
PE Ratio 18.54
Forward PE 17.18
Dividend $0.80 (2.65%)
Ex-Dividend Date Nov 7, 2022
Volume 481,739
Open 30.23
Previous Close 30.58
Day's Range 29.93 - 30.54
52-Week Range 20.21 - 34.66
Beta 1.89
Analysts Sell
Price Target 25.76 (-14.76%)
Earnings Date Feb 7, 2023

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. The company operates through two segments, Metal Cutting and Infrastructure. It offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in... [Read more]

Sector Industrials
Founded 1938
Employees 8,700
Stock Exchange NYSE
Ticker Symbol KMT
Full Company Profile

Financial Performance

In 2022, Kennametal's revenue was $2.01 billion, an increase of 9.29% compared to the previous year's $1.84 billion. Earnings were $144.62 million, an increase of 165.69%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for KMT stock is "Sell." The 12-month stock price forecast is $25.76, which is a decrease of -14.76% from the latest price.

Price Target
$25.76
(-14.76% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Earnings Preview: Kennametal (KMT) Q2 Earnings Expected to Decline

Kennametal (KMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 days ago - Zacks Investment Research

Kennametal to Host Earnings Conference Call & Webcast on Second Quarter Fiscal 2023 Results

PITTSBURGH , Jan. 16, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2023 earnings call on Tuesday, February 7, 2023.   The press release and presentation wi...

2 weeks ago - PRNewsWire

Why Are So Many Gurus Buying Kennametal?

GuruFocus's Guru Hot Picks page shows that nine guru investors bought shares of Kennametal (KMT, Financial), an industrial small-cap, in the third quarter of 2022, and only two sold during that same p...

1 month ago - GuruFocus

Should You Buy the Dip in These 2 Manufacturing Tools Stocks Amid Industry Challenges?

The Zacks Manufacturing-Tools & Related Products industry is grappling with supply chain and cost woes. Amid a slowdown in manufacturing activities, SWK and KMT are likely to struggle in the near term...

Other symbols: SWK
1 month ago - Zacks Investment Research

Kennametal Names Paul Sternlieb to Board of Directors

PITTSBURGH , Dec. 15, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the election of Paul Sternlieb to its board of directors, effective January 1, 2023. Sternlieb is currently the P...

1 month ago - PRNewsWire

Kennametal to Participate in Non-Deal Roadshow Hosted by KeyBanc on December 8 and 9, 2022

PITTSBURGH , Dec. 2, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will participate in a Non-Deal Roadshow hosted by KeyBanc on December 8 and 9, 2022. Details of the conf...

2 months ago - PRNewsWire

Kennametal (KMT) Up 3.7% Since Last Earnings Report: Can It Continue?

Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

KENNAMETAL INTRODUCES NEXT-LEVEL INNOVATIONS

New and enhanced products expand metal cutting capabilities and help customers machine better than ever PITTSBURGH , Nov. 30, 2022 /PRNewswire/ -- Kennametal has expanded its Innovations series of Met...

2 months ago - PRNewsWire

Kennametal (KMT) Q1 Earnings Miss Estimates, Revenues Up Y/Y

Kennametal's (KMT) fiscal first-quarter operating margin decreased 150 bps year over year due to high raw material costs, foreign currency exchange headwinds and temporary supply-chain disruptions.

3 months ago - Zacks Investment Research

Kennametal (KMT) Lags Q1 Earnings Estimates

Kennametal (KMT) delivered earnings and revenue surprises of -8.11% and 1.37%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Kennametal Announces Fiscal 2023 First Quarter Results

Sales of $495 million increased 2 percent year-over-year 9 percent organic sales growth offset by negative 7 percent foreign currency effect Strong pricing actions continued to cover inflationary pres...

3 months ago - PRNewsWire

Analysts Estimate Kennametal (KMT) to Report a Decline in Earnings: What to Look Out for

Kennametal (KMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Kennametal to Attend Baird 2022 Global Industrial Conference

PITTSBURGH , Oct. 19, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Baird 2022 Global Industrial Conference. Details of the conference are as follows:     ...

3 months ago - PRNewsWire

Kennametal to Host Earnings Conference Call & Webcast on First Quarter Fiscal 2023 Results

PITTSBURGH , Oct. 11, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its first quarter fiscal year 2023 earnings call on Tuesday, November 1, 2022. The press release and presentation will ...

4 months ago - PRNewsWire

Why Is Kennametal (KMT) Down 8.5% Since Last Earnings Report?

Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

Kennametal to Attend Morgan Stanley 10th Annual Laguna Conference

PITTSBURGH , Aug. 24, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Morgan Stanley 10th Annual Laguna Conference. Details of the conference are as follows:...

5 months ago - PRNewsWire

Reasons Why You Should Avoid Betting on Kennametal (KMT) Now

Kennametal (KMT) is experiencing softness in its transportation end market due to supply-chain constraints along with high costs and expenses.

6 months ago - Zacks Investment Research

Kennametal (KMT) Q4 Earnings & Revenues Surpass Estimates

Kennametal's (KMT) Q4 earnings results reflect gains from solid segmental numbers. High tax rate and cost woes restrict margin growth.

6 months ago - Zacks Investment Research

Kennametal (KMT) Tops Q4 Earnings and Revenue Estimates

Kennametal (KMT) delivered earnings and revenue surprises of 12.77% and 1.58%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Kennametal Reports Fiscal 2022 and Fourth Quarter Results

FY22 sales increased 9 percent year-over-year to $2.0 billion; 11 percent on an organic basis Strong full-year operating leverage drove significant improvement in annual operating margin FY22 earnings...

6 months ago - PRNewsWire

Kennametal to Attend Jefferies Industrials Conference

PITTSBURGH , July 25, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Jefferies Industrials Conference. Details of the conference are as follows: When:      ...

6 months ago - PRNewsWire

Earnings Preview: Kennametal (KMT) Q4 Earnings Expected to Decline

Kennametal (KMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Kennametal to Host Earnings Conference Call & Webcast on Fourth Quarter Fiscal 2022 Results

PITTSBURGH , July 12, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE:  KMT) will host its fourth quarter fiscal year 2022 earnings call on Tuesday, August 2, 2022.  The press release and presentation will...

7 months ago - PRNewsWire

Reasons Why You Should Avoid Investing in Kennametal (KMT) Now

Kennametal (KMT) is experiencing weakness in its transportation end market due to supply-chain restrictions. KMT's escalating costs and high debt levels are added downsides.

7 months ago - Zacks Investment Research

Kennametal (KMT) Surges 6.5%: Is This an Indication of Further Gains?

Kennametal (KMT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the r...

7 months ago - Zacks Investment Research