Kennametal Inc

Kennametal Inc Stock Forecast & Price Prediction

Live Kennametal Inc Stock (KMT) Price
$29.36

13

Ratings

  • Buy 6
  • Hold 6
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$29.36

P/E Ratio

22.91

Volume Traded Today

$1.1M

Dividend

$0.2

52 Week High/low

32.18/22.50

Kennametal Inc Market Cap

$2.28B

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KMT Summary

Based on ratings from 13 stock analysts, the Kennametal Inc stock price is expected to decrease by 5.11% in 12 months. This is calculated by using the average 12-month stock price forecast for Kennametal Inc. The lowest target is $21 and the highest is $40. Please note analyst price targets are not guaranteed and could be missed completely.

KMT Analyst Ratings

Kennametal Inc has a total of 13 Wall St Analyst ratings. There are 6 buy ratings, 6 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Kennametal Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

KMT stock forecast by analyst

These are the latest 20 analyst ratings of KMT.

Analyst/Firm

Rating

Price Target

Change

Date

Ross Gilardi
B of A Securities

Underperform

$26

Downgrade

Oct 18, 2024
Chris Dankert
Loop Capital

Hold

$24

Maintains

Aug 22, 2024
Julian Mitchell
Barclays

Equal-Weight

$25

Maintains

Aug 9, 2024

Barclays

Equal-Weight


Maintains

Jul 11, 2024
Julian Mitchell
Barclays

Equal-Weight

$24

Maintains

Jul 10, 2024
Chris Dankert
Loop Capital

Hold

$22

Maintains

Jun 21, 2024
Chris Dankert
Loop Capital

Hold

$24

Maintains

May 23, 2024
Julian Mitchell
Barclays

Equal-Weight

$25

Maintains

May 9, 2024
Julian Mitchell
Barclays

Equal-Weight

$24

Maintains

Apr 2, 2024
Julian Mitchell
Barclays

Equal-Weight

$25

Maintains

Feb 8, 2024
Tami Zakaria
JP Morgan

Underweight

$24

Maintains

Feb 8, 2024
Angel Castillo
Morgan Stanley

Equal-Weight

$24

Initiates

Jan 8, 2024
Julian Mitchell
Barclays

Equal-Weight

$26

Maintains

Nov 2, 2023
Joe Ritchie
Goldman Sachs

Sell

$23

Maintains

Nov 2, 2023
Tami Zakaria
JP Morgan

Underweight

$26

Maintains

Oct 16, 2023
Julian Mitchell
Barclays

Equal-Weight

$28

Maintains

Jul 10, 2023
John Joyner
BMO Capital

Market Perform

$27.5

Maintains

May 15, 2023
Dillon Cumming
Morgan Stanley

Equal-Weight

$28

Maintains

May 3, 2023
Chris Dankert
Loop Capital

Hold

$28

Maintains

Feb 9, 2023
Tami Zakaria
JP Morgan

Underweight

$26

Maintains

Feb 8, 2023

KMT Company Information

What They Do: Develops tungsten carbides and super-hard materials.

Business Model: Kennametal Inc. generates revenue through two primary segments: Metal Cutting and Infrastructure. The Metal Cutting segment offers a range of products and services for various industries, while the Infrastructure segment produces components for oil, gas, and mining applications. Both segments leverage direct sales, independent distributors, and digital channels to reach customers worldwide.

Other Information: Founded in 1938 and headquartered in Pittsburgh, Pennsylvania, Kennametal serves diverse markets including transportation, aerospace, and defense, with a strong emphasis on innovation in wear-resistant materials.
KMT
Kennametal Inc (KMT)

When did it IPO

1987

Staff Count

8,400

Country

United States

Sector/Industry

Industrials/Tools & Accessories

CEO

Mr. Sanjay K. Chowbey

Market Cap

$2.28B

Kennametal Inc (KMT) Financial Data

In 2023, KMT generated $2.08B in revenue, which was a increase of 3.27% from the previous year. This can be seen as a signal that KMT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$1.84B

0.00 %
From Previous Year

Revenue From 2022

$2.01B

9.29 %
From Previous Year

Revenue From 2023

$2.08B

3.27 %
From Previous Year
  • Revenue TTM $2.04B
  • Operating Margin TTM 7.4%
  • Gross profit TTM $627.1M
  • Return on assets TTM 4.3%
  • Return on equity TTM 8.2%
  • Profit Margin 5.0%
  • Book Value Per Share 16.43%
  • Market capitalisation $2.28B
  • Revenue for 2021 $1.84B
  • Revenue for 2022 $2.01B
  • Revenue for 2023 $2.08B
  • EPS this year (TTM) $1.28

Kennametal Inc (KMT) Latest News

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Kennametal Inc. (NYSE: KMT) will attend the UBS Global Industrials and Transportation Conference on December 3, 2024, with CFO Patrick Watson and VP of Investor Relations Michael Pici.

Why It Matters - Kennametal's attendance at a major industry conference signals potential strategic insights and updates, which could influence investor sentiment and stock performance.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Kennametal Inc. will hold its Q1 2025 Earnings Conference Call on November 6, 2024, at 9:30 AM ET, featuring key executives and financial analysts from major firms.

Why It Matters - The earnings call provides insights into Kennametalโ€™s financial performance, strategic direction, and market outlook, influencing investor sentiment and stock valuation.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Kennametal Inc. reported Q1 fiscal 2025 results with $482M in sales, EPS of $0.28, and strong cash flow of $46M. The company returned $31M to shareholders through buybacks and dividends.

Why It Matters - Strong operational cash flow and positive free cash flow indicate improved financial health for Kennametal Inc., while shareholder returns signal confidence in future performance, despite lower sales and EPS.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Kennametal (KMT) reported Q3 earnings of $0.29 per share, surpassing the Zacks estimate of $0.25, but down from $0.41 per share in the same quarter last year.

Why It Matters - Kennametal's earnings beat expectations, signaling stronger-than-anticipated performance, though the year-over-year decline may raise concerns about future growth prospects.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Kennametal (KMT) released its quarterly performance metrics for September 2024, which can be compared to Wall Street estimates and year-ago figures for investor analysis.

Why It Matters - Comparing Kennametal's performance to Wall Street estimates and prior year metrics helps assess growth, profitability, and market positioning, influencing investment decisions.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - KMT reported a 2% decline in fiscal Q1 2025 revenues, attributed to weak performance in the Metal Cutting segment.

Why It Matters - KMT's 2% revenue decline signals weakness in the Metal Cutting segment, potentially affecting overall profitability and investor confidence in future performance.

...

KMT Frequently asked questions

The highest forecasted price for KMT is $40 from at JP Morgan.

The lowest forecasted price for KMT is $21 from from

The KMT analyst ratings consensus are 6 buy ratings, 6 hold ratings, and 1 sell ratings.