Kennametal Inc. (KMT)

Market Cap	1.88B
Revenue (ttm)	2.07B
Net Income (ttm)	121.53M
Shares Out	79.27M
EPS (ttm)	1.50
PE Ratio	15.57
Forward PE	15.50
Dividend	$0.80 (3.38%)
Ex-Dividend Date	Feb 12, 2024

Volume	695,128
Open	23.48
Previous Close	23.53
Day's Range	23.28 - 23.75
52-Week Range	22.08 - 30.60
Beta	1.77
Analysts	Sell
Price Target	25.08 (+5.82%)
Earnings Date	May 8, 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. 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...

• Industry: Tools & Accessories
• Sector: Industrials
• Founded: 1938
• Employees: 8,739
• Stock Exchange: NYSE
• Ticker Symbol: KMT

Financial Performance

In 2023, Kennametal's revenue was $2.08 billion, an increase of 3.27% compared to the previous year's $2.01 billion. Earnings were $118.46 million, a decrease of -18.09%.

Analyst Forecast

According to 6 analysts, the average rating for KMT stock is "Sell." The 12-month stock price forecast is $25.08, which is an increase of 5.82% from the latest price.

Price Target

$25.08

(5.82% upside)

Analyst Consensus: Sell