Kennametal Inc. (KMT)
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]
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 StatementsAnalyst 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.
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.

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...

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...

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...

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...

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...

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?

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...

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.

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?

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...

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.

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: ...

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 ...

Why Is Kennametal (KMT) Down 8.5% Since Last Earnings Report?
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?

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:...

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.

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.

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?

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...

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: ...

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.

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...

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.

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...