Kennametal Inc. (KMT)

NYSE: KMT · IEX Real-Time Price · USD
36.25 -0.61 (-1.65%)
Jan 18, 2022 4:00 PM EST - Market closed
Market Cap3.03B
Revenue (ttm)1.92B
Net Income (ttm)112.31M
Shares Out83.65M
EPS (ttm)1.33
PE Ratio27.19
Forward PE18.98
Dividend$0.80 (2.21%)
Ex-Dividend DateNov 8, 2021
Volume551,898
Open36.62
Previous Close36.86
Day's Range35.98 - 36.67
52-Week Range32.50 - 43.04
Beta2.05
AnalystsBuy
Price Target42.20 (+16.4%)
Earnings DateNov 1, 2021

About KMT

Kennametal Inc. develops and applies 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 company 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 various industries, ...

IndustryMachinery
Founded1938
CEOChristopher Rossi
Employees8,600
Stock ExchangeNYSE
Ticker SymbolKMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for Kennametal stock is "Buy." The 12-month stock price forecast is 42.20, which is an increase of 16.41% from the latest price.

Price Target
$42.20
(16.41% upside)
Analyst Consensus: Buy

News

Kennametal (KMT) to Gain From End-Market Strength Amid Risks

Kennametal (KMT) is likely to benefit from strength across its businesses, healthy balance sheet and shareholder-friendly policies. Rising costs and expenses, and high tax rate are concerns.

1 week ago - Zacks Investment Research

Kennametal (KMT) Down 11.3% Since Last Earnings Report: Can It Rebound?

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

1 month ago - Zacks Investment Research

Kennametal (KMT) Displays Solid Prospects, Headwinds Remain

Kennametal (KMT) stands to gain from strength across its end markets, healthy balance sheet and shareholder-friendly policies. However, costs and expenses continue rising.

1 month ago - Zacks Investment Research

Kennametal to Attend Baird 2021 Global Industrial Virtual Conference

PITTSBURGH, Nov. 9, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will attend the Baird 2021 Global Industrial Virtual Conference. Details of the conference are as follows:      ...

2 months ago - PRNewsWire

New Strong Buy Stocks for November 4th

CVLG, HZO, TSN, GNK, and KMT have been added to the Zacks Rank #1 (Strong Buy) List on November 4, 2021

Other symbols:CVLGGNKHZOTSN
2 months ago - Zacks Investment Research

Kennametal (KMT) Q1 Earnings Beat Estimates, Sales Miss

Kennametal's (KMT) Q1 earnings reflect gains from healthy demand in Metal Cutting and Infrastructure segments, improvement in margins, and lower taxes. Cost woes to persist in Q2.

2 months ago - Zacks Investment Research

Kennametal (KMT) Q1 Earnings Top Estimates

Kennametal (KMT) delivered earnings and revenue surprises of 18.92% and -0.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Recap: Kennametal Q1 Earnings

Kennametal (NYSE:KMT) reported its Q1 earnings results on Monday, November 1, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

2 months ago - Benzinga

Kennametal Announces Fiscal 2022 First Quarter Results

PITTSBURGH, Nov. 1, 2021 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2022 first quarter ended September 30, 2021, with earnings per diluted share (E...

2 months ago - PRNewsWire

Strong Month, Two Strong Stocks

Despite the tech earnings last week that surprised some analysts last week the Viper Report's Tom Aspray discusses his two favorite picks for his monthly stock scan.

Other symbols:CHRW
2 months ago - Forbes

Earnings Preview: Kennametal

Kennametal (NYSE:KMT) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.

2 months ago - Benzinga

Kennametal (KMT) Reports Next Week: Wall Street Expects Earnings Growth

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.

2 months ago - Zacks Investment Research

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

PITTSBURGH, Oct. 12, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) will host its first quarter fiscal year 2022 earnings call on Tuesday, November 2, 2021. The press release and presentation will be avail...

3 months ago - PRNewsWire

Kennametal (KMT) is a Top-Ranked Value Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

3 months ago - Zacks Investment Research

Here's Why You Should Consider Investing in Kennametal (KMT)

Kennametal (KMT) is poised to benefit from strength in end markets, solid product portfolio, innovations capabilities, and shareholder-friendly policies.

3 months ago - Zacks Investment Research

Kennametal (KMT) Upgraded to Buy: Here's Why

Kennametal (KMT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 months ago - Zacks Investment Research

3 Stocks to Watch for in Prospering Manufacturing Tools Industry

Despite supply-chain and cost woes, players in the Zacks Manufacturing-Tools & Related Products industry have been gaining from healthy operating activities. SWK, KMT and EPAC are worth a watch.

Other symbols:EPACSWK
3 months ago - Zacks Investment Research

Why Kennametal (KMT) is a Top Momentum Stock for the Long-Term

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

3 months ago - Zacks Investment Research

John Rogers' Ariel Investments Bets Big on Travel and Leisure

According to GuruFocus Real-Time Picks, a Premium feature, John Rogers (Trades, Portfolio)' Ariel Investments recently disclosed a new stake in Manchester United PLC ( MANU , Financial) as well as incre...

Other symbols:MANUMSGEMSGSOSW
4 months ago - GuruFocus

Kennametal to Attend Morgan Stanley Annual Laguna Conference

PITTSBURGH, Sept. 10, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will attend the Morgan Stanley Virtual Annual Laguna Conference.

4 months ago - PRNewsWire

Kennametal (KMT) Down 2% Since Last Earnings Report: Can It Rebound?

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

4 months ago - Zacks Investment Research

Kennametal to Attend Seaport Research Partners Investor Conference

PITTSBURGH, Aug. 23, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will virtually attend the Seaport Research Partners Annual Summer Investor Conference. Details of the conferenc...

4 months ago - PRNewsWire

These 12 stocks will benefit most from Biden's $1 trillion infrastructure plan, according to Bank of America

The spending plan includes funding for roads, bridges, and broadband. Expect engineering, construction, and machinery stocks to win out, BofA said.

5 months ago - Business Insider

Kennametal (KMT) Q4 Earnings Beat Estimates, Increase Y/Y

Kennametal's (KMT) Q4 earnings reflect gains from healthy businesses in the majority of end markets and lower taxes. High costs and expenses play spoilsport.

5 months ago - Zacks Investment Research

Kennametal (KMT) Q4 Earnings and Revenues Top Estimates

Kennametal (KMT) delivered earnings and revenue surprises of 35.90% and 0.38%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research