Kennametal Inc. (KMT)
NYSE: KMT · IEX Real-Time Price · USD
23.76
-0.73 (-2.98%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Kennametal Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Kennametal stock have an average target of 25.08, with a low estimate of 23 and a high estimate of 28. The average target predicts an increase of 5.56% from the current stock price of 23.76.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for Kennametal stock from 6 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 5 | 5 | 5 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 6 | 6 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $25 → $24 | Hold | Maintains | $25 → $24 | +1.01% | Apr 2, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $26 → $24 | Sell | Maintains | $26 → $24 | +1.01% | Feb 8, 2024 |
| Barclays | Barclays | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | +5.22% | Feb 8, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $24 | Hold | Initiates | $24 | +1.01% | Jan 8, 2024 |
| Barclays | Barclays | Hold Maintains $28 → $26 | Hold | Maintains | $28 → $26 | +9.43% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
2.07B
from 2.08B
Decreased by -0.49%
Revenue Next Year
2.11B
from 2.07B
Increased by 2.18%
EPS This Year
1.49
from 1.46
Increased by 2.11%
EPS Next Year
1.67
from 1.49
Increased by 12.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.2B | 2.2B | 2.3B |
| Avg | 2.1B | 2.1B | 2.2B |
| Low | 2.0B | 2.0B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.0% | 7.9% | 9.1% |
| Avg | -0.5% | 2.2% | 2.3% |
| Low | -3.8% | -3.2% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.58 | 1.95 | 2.15 |
| Avg | 1.49 | 1.67 | 1.86 |
| Low | 1.37 | 1.31 | 1.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9% | 31.0% | 28.9% |
| Avg | 2.1% | 12.1% | 11.4% |
| Low | -6.0% | -11.9% | -13.2% |
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.