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: $21.84 to $22.63
• 50-Day Range: $20.98 to $24.66
• 52-Week Range: $20.50 to $32.18
• Volume: 1.39 million shs
• Average Volume: 779,524 shs
• Market Capitalization: $1.74 billion
• P/E Ratio: 18.48
• Dividend Yield: 3.55%
• Price Target: $26.60
• Consensus Rating: Reduce

Kennametal Stock Analysis - MarketRank™

Kennametal scored higher than 61% of companies evaluated by MarketBeat, and ranked 102nd 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: 1.9 / 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 2 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 18.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kennametal is 18.48, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 21.05.

Price to Earnings Growth Ratio

Kennametal has a PEG Ratio of 3.69. 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 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.29% 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 4.1.

Change versus previous month

Short interest in Kennametal has recently increased by 1.00%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Kennametal is a leading dividend payer. It pays a dividend yield of 3.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Kennametal is 65.57%. 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

5.29% 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 4.1.

Change versus previous month

Short interest in Kennametal has recently increased by 1.00%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.30

News Sentiment

Kennametal has a news sentiment score of 1.30. 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 0.62 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Kennametal this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for KMT on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Kennametal to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Kennametal insiders have bought more of their company's stock than they have sold. Specifically, they have bought $217,500.00 in company stock and sold $0.00 in 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 shares have decreased by 6.2% and is now trading at $22.54.
View the best growth stocks for 2025 here.

How were Kennametal's earnings last quarter?

Kennametal Inc. (NYSE:KMT) issued its quarterly earnings results on Wednesday, February, 5th. The industrial products company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.02. Kennametal had a trailing twelve-month return on equity of 8.12% and a net margin of 4.76%.

Is Kennametal doing a stock buyback?

Kennametal's board approved a stock buyback program on Wednesday, February 7th 2024, which permits the company to repurchase $200,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 10.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Who are Kennametal's major shareholders?

Top institutional investors of Kennametal include Vanguard Group Inc. (11.61%), Ariel Investments LLC (9.96%), Wellington Management Group LLP (6.86%) and Dimensional Fund Advisors LP (6.60%). 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), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 2/05/2025
• Ex-Dividend for 2/25 Dividend: 2/11/2025
• Dividend Payable: 2/25/2025
• Today: 3/24/2025
• Next Earnings (Estimated): 5/06/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Machine tools, metal cutting type
• 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 Stock Price Target: $26.60
• High Stock Price Target: $32.00
• Low Stock Price Target: $24.00
• Potential Upside/Downside: +19.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.22
• Trailing P/E Ratio: 18.32
• Forward P/E Ratio: 19.10
• P/E Growth: 3.69
• Net Income: $109.32 million
• Net Margins: 4.76%
• Pretax Margin: 7.02%
• Return on Equity: 8.12%
• Return on Assets: 4.21%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 2.53
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $2.02 billion
• Price / Sales: 0.85
• Cash Flow: $3.19 per share
• Price / Cash Flow: 7.01
• Book Value: $16.29 per share
• Price / Book: 1.37

Miscellaneous

• Outstanding Shares: 77,360,000
• Free Float: 76,269,000
• Market Cap: $1.73 billion
• Optionable: Optionable
• Beta: 1.69