Kennametal Inc. (KMT)
NYSE: KMT · IEX Real-Time Price · USD
22.93
-0.05 (-0.22%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Kennametal Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Kennametal stock have an average target of 24, with a low estimate of 23 and a high estimate of 25. The average target predicts an increase of 4.67% from the current stock price of 22.93.
Analyst Consensus: Sell
* Price targets were last updated on May 23, 2024.
Analyst Ratings
The average analyst rating for Kennametal stock from 5 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 4 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 7 | 7 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Hold Maintains $23 → $24 | Hold | Maintains | $23 → $24 | +4.67% | May 23, 2024 |
| Barclays | Barclays | Hold Maintains $24 → $25 | Hold | Maintains | $24 → $25 | +9.03% | May 9, 2024 |
| Barclays | Barclays | Hold Maintains $25 → $24 | Hold | Maintains | $25 → $24 | +4.67% | Apr 2, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $26 → $24 | Sell | Maintains | $26 → $24 | +4.67% | Feb 8, 2024 |
| Barclays | Barclays | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | +9.03% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
2.06B
from 2.08B
Decreased by -0.78%
Revenue Next Year
2.10B
from 2.06B
Increased by 1.99%
EPS This Year
1.48
from 1.46
Increased by 1.54%
EPS Next Year
1.64
from 1.48
Increased by 10.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.2B | 2.3B |
| Avg | 2.1B | 2.1B | 2.2B |
| Low | 2.0B | 2.0B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4% | 7.7% | 9.5% |
| Avg | -0.8% | 2.0% | 2.3% |
| Low | -3.9% | -3.4% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.58 | 1.82 | 2.10 |
| Avg | 1.48 | 1.64 | 1.85 |
| Low | 1.42 | 1.41 | 1.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9% | 22.5% | 27.8% |
| Avg | 1.5% | 10.8% | 12.8% |
| Low | -2.7% | -4.8% | -5.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.