Kennametal (NYSE:KMT) Updates FY 2025 Earnings Guidance

Kennametal (NYSE:KMT - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.050-1.300 for the period, compared to the consensus estimate of 1.440. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion. Kennametal also updated its Q3 2025 guidance to 0.200-0.300 EPS.

Kennametal Price Performance

KMT stock traded up $0.29 during trading on Friday, reaching $22.26. 1,520,794 shares of the company were exchanged, compared to its average volume of 950,510. Kennametal has a twelve month low of $20.50 and a twelve month high of $32.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 1.16. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 18.25, a P/E/G ratio of 2.57 and a beta of 1.66. The company has a 50-day moving average of $24.96 and a two-hundred day moving average of $25.61.

Kennametal (NYSE:KMT - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.02). Kennametal had a net margin of 4.76% and a return on equity of 8.12%. As a group, equities analysts predict that Kennametal will post 1.18 earnings per share for the current fiscal year.

Kennametal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Stockholders of record on Tuesday, February 11th will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, February 11th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.59%. Kennametal's dividend payout ratio (DPR) is 65.57%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Morgan Stanley boosted their target price on shares of Kennametal from $24.50 to $28.00 and gave the company an "equal weight" rating in a report on Tuesday, December 17th. StockNews.com raised Kennametal from a "hold" rating to a "buy" rating in a research note on Monday, January 27th. Jefferies Financial Group lowered Kennametal from a "buy" rating to a "hold" rating and dropped their price target for the company from $40.00 to $32.00 in a research note on Friday, December 6th. Bank of America cut shares of Kennametal from a "neutral" rating to an "underperform" rating and set a $26.00 price objective on the stock. in a research report on Friday, October 18th. Finally, Barclays dropped their price target on Kennametal from $31.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $27.67.

Insider Transactions at Kennametal

In other news, VP Franklin Cardenas sold 20,470 shares of the company's stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $28.24, for a total transaction of $578,072.80. Following the transaction, the vice president now owns 39,581 shares of the company's stock, valued at $1,117,767.44. This represents a 34.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP John Wayne Witt sold 1,765 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $29.35, for a total transaction of $51,802.75. Following the transaction, the vice president now owns 1,642 shares of the company's stock, valued at $48,192.70. This represents a 51.81 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.41% of the company's stock.

About Kennametal

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.