Kennametal (KMT) Stock Price, News & Analysis

Company Overview

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 various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. In addition, the company provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to aerospace, general engineering, energy, and transportation customers. Further, it produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. The company provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national distributors; integrated supplier channels; and through the Internet. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.

Key Stats

• Today's Range: $23.90 to $24.50
• 50-Day Range: $21.03 to $25.71
• 52-Week Range: $17.30 to $32.18
• Volume: 1.16 million shs
• Average Volume: 786,589 shs
• Market Capitalization: $1.86 billion
• P/E Ratio: 17.52
• Dividend Yield: 3.29%
• Price Target: $25.40
• Consensus Rating: Reduce

Kennametal Stock Analysis - MarketRank™

Kennametal scored higher than 44% of companies evaluated by MarketBeat, and ranked 129th out of 180 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Kennametal has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Kennametal has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.09%

Earnings Growth

Earnings for Kennametal are expected to grow by 17.09% in the coming year, from $1.17 to $1.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kennametal is 17.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kennametal is 17.52, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.23.

Price to Earnings Growth Ratio

Kennametal has a PEG Ratio of 3.34. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Kennametal has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.58% of the float of Kennametal has been sold short.

Short Interest Ratio / Days to Cover

Kennametal has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kennametal has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Kennametal pays a meaningful dividend of 3.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Kennametal does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kennametal is 57.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kennametal will have a dividend payout ratio of 58.39% next year. This indicates that Kennametal will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.58% of the float of Kennametal has been sold short.

Short Interest Ratio / Days to Cover

Kennametal has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kennametal has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.91

News Sentiment

Kennametal has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Kennametal this week, compared to 6 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kennametal insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.41% of the stock of Kennametal is held by insiders.

KMT Stock Analysis - Frequently Asked Questions

How have KMT shares performed this year?

Kennametal's stock was trading at $24.02 at the beginning of the year. Since then, KMT stock has increased by 1.4% and is now trading at $24.35.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) posted its quarterly earnings data on Wednesday, May, 7th. The industrial products company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.26 by $0.21. The firm's quarterly revenue was down 5.7% compared to the same quarter last year.
Read the conference call transcript.

Is Kennametal doing a stock buyback?

Kennametal's Board of Directors approved a stock buyback program on Wednesday, February 7th 2024, which authorizes the company to buy back $200,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 10.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Who are Kennametal's major shareholders?

Kennametal's top institutional shareholders include Azarias Capital Management L.P. (0.36%), VIRGINIA RETIREMENT SYSTEMS ET Al (0.14%), State of New Jersey Common Pension Fund D (0.12%) and New York State Teachers Retirement System (0.11%). Insiders that own company stock include Sanjay Chowbey, Franklin Cardenas, William J Harvey and John Wayne Witt.
View institutional ownership trends.

How do I buy shares of Kennametal?

Shares of KMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Kennametal own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kennametal investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AU Optronics (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/07/2025
• Record date for 5/27 Dividend: 5/13/2025
• Ex-Dividend for 5/27 Dividend: 5/13/2025
• Dividend Payable: 5/27/2025
• Today: 8/01/2025
• Next Earnings (Estimated): 8/06/2025
• Record date for 8/26 Dividend: 8/12/2025
• Ex-Dividend for 8/26 Dividend: 8/12/2025
• Dividend Payable: 8/26/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: MACH TLS&RL PRD
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:KMT
• CIK: 55242
• Web: www.kennametal.com
• Phone: (412) 248-8000
• Fax: 724-539-5750
• Employees: 8,447
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Kennametal: $25.40
• High Price Target: $32.00
• Low Price Target: $21.00
• Potential Upside/Downside: +4.3%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.39
• Trailing P/E Ratio: 17.52
• Forward P/E Ratio: 20.81
• P/E Growth: 3.34
• Net Income: $109.32 million
• Net Margins: 5.45%
• Pretax Margin: 7.87%
• Return on Equity: 9.12%
• Return on Assets: 4.72%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 2.44
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $2.05 billion
• Price / Sales: 0.91
• Cash Flow: $3.18 per share
• Price / Cash Flow: 7.66
• Book Value: $16.38 per share
• Price / Book: 1.49

Miscellaneous

• Outstanding Shares: 76,230,000
• Free Float: 75,159,000
• Market Cap: $1.86 billion
• Optionable: Optionable
• Beta: 1.44