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KMT

KMT - Kennametal Inc Stock Price, Fair Value and News

23.86USD+0.36 (+1.53%)Market Closed

Market Summary

KMT
USD23.86+0.36
Market Closed
1.53%

KMT Stock Price

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KMT RSI Chart

KMT Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

15.56

Price/Sales (Trailing)

0.91

EV/EBITDA

7.96

Price/Free Cashflow

9.83

KMT Price/Sales (Trailing)

KMT Profitability

EBT Margin

7.31%

Return on Equity

9.44%

Return on Assets

4.78%

Free Cashflow Yield

10.18%

KMT Fundamentals

KMT Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

-0.36%

Rev. Growth (Qtr)

0.58%

KMT Earnings

Earnings (TTM)

121.5M

Earnings Growth (Yr)

5.52%

Earnings Growth (Qtr)

-23.12%

Breaking Down KMT Revenue

Last 7 days

-2.0%

Last 30 days

-0.3%

Last 90 days

-1.6%

Trailing 12 Months

-9.4%

How does KMT drawdown profile look like?

KMT Financial Health

Current Ratio

2.44

Debt/Equity

0.46

Debt/Cashflow

0.49

KMT Investor Care

Dividend Yield

3.35%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

1.56%

Diluted EPS (TTM)

1.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.1B2.1B2.1B2.1B
20222.0B2.0B2.0B2.0B
20211.7B1.8B1.9B2.0B
20202.1B1.9B1.8B1.7B
20192.4B2.4B2.3B2.2B
20182.3B2.4B2.4B2.4B
20172.0B2.1B2.1B2.2B
20162.2B2.1B2.0B2.0B
20152.8B2.6B2.5B2.4B
20142.7B2.8B2.9B2.9B
20132.7B2.6B2.6B2.6B
20122.7B2.7B2.7B2.7B
20112.2B2.4B2.5B2.6B
20101.9B1.9B2.0B2.1B
200902.0B2.0B1.9B
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Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Kennametal Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 07, 2024
witt john wayne
sold
-25,550
25.55
-1,000
vice president
Feb 27, 2024
wunning steven h
acquired
24,948
24.75
1,008
-
Feb 27, 2024
martin lorraine m
acquired
20,592
24.75
832
-
Jan 15, 2024
sternlieb paul
sold (taxes)
-657
24.35
-27.00
-
Jan 15, 2024
sternlieb paul
acquired
21,525
24.35
884
-
Dec 08, 2023
keating michelle r
gifted
-
-
-415
vice president
Dec 04, 2023
witt john wayne
sold
-10,908
24.24
-450
vice president
Dec 01, 2023
reilly carlonda r.
acquired
138,114
24.15
5,719
vice president
Dec 01, 2023
cardenas franklin
sold (taxes)
-36,828
24.15
-1,525
vice president
Dec 01, 2023
bacchus judith l
sold (taxes)
-40,789
24.15
-1,689
vice president

1–10 of 50

Which funds bought or sold KMT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
ARGA Investment Management, LP
unchanged
-
-10,376
304,443
0.01%
Apr 12, 2024
AdvisorNet Financial, Inc
sold off
-100
-103
-
-%
Apr 11, 2024
Roble, Belko & Company, Inc
unchanged
-
-
10,000
-%
Apr 11, 2024
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC
new
-
325,026
325,026
0.03%
Apr 11, 2024
Pflug Koory, LLC
sold off
-100
-6,834
-
-%
Apr 10, 2024
DAYMARK WEALTH PARTNERS, LLC
unchanged
-
-18,079
530,474
0.03%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
added
16.27
532
4,813
-%
Apr 09, 2024
Rise Advisors, LLC
new
-
15,388
15,388
0.01%
Apr 05, 2024
CWM, LLC
added
17.66
6,000
52,000
-%
Apr 05, 2024
GAMMA Investing LLC
reduced
-67.18
-31,755
15,912
-%

1–10 of 48

Are Funds Buying or Selling KMT?

Are funds buying KMT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own KMT
No. of Funds

Unveiling Kennametal Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
ariel investments, llc
11.8%
9,413,890
SC 13G/A
Feb 13, 2024
burgundy asset management ltd.
0955%
4,852,273
SC 13G/A
Feb 13, 2024
vanguard group inc
11.70%
9,316,322
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
5.5%
4,417,028
SC 13G/A
Feb 08, 2024
wellington management group llp
5.33%
4,240,814
SC 13G/A
Jan 08, 2024
blackrock inc.
18.7%
14,895,408
SC 13G/A
Feb 14, 2023
ariel investments, llc
12.9%
10,362,253
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.2%
4,206,742
SC 13G
Feb 10, 2023
burgundy asset management ltd.
5.57%
4,490,601
SC 13G/A
Feb 09, 2023
vanguard group inc
10.31%
8,307,182
SC 13G/A

Recent SEC filings of Kennametal Inc

View All Filings
Date Filed Form Type Document
Mar 14, 2024
8-K
Current Report
Mar 08, 2024
4
Insider Trading
Mar 07, 2024
144
Notice of Insider Sale Intent
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading
Feb 22, 2024
8-K/A
Current Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Kennametal Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
49.8B
22.1B
-2.77% 25.21%
34.61
2.26
8.21% -59.82%
22.5B
17.1B
-5.57% 95.63%
14.61
1.32
-24.77% -43.97%
21.6B
5.4B
1.95% 76.89%
28.43
4.02
8.59% 39.18%
17.8B
4.8B
0.44% 76.93%
23.22
3.68
-14.85% -16.95%
13.6B
4.2B
-3.83% 50.25%
24.9
3.24
11.44% 15.46%
MID-CAP
7.8B
3.9B
-2.48% 59.82%
20.56
2.02
-6.35% -0.40%
7.1B
1.2B
5.71% 36.96%
40.03
6.09
31.47% 76.96%
6.5B
3.5B
-1.66% 33.59%
9.88
1.86
-10.84% -25.77%
3.5B
1.7B
-0.87% 4.14%
27.62
2.14
-10.27% -35.75%
2.0B
891.3M
-14.41% -68.47%
-1.42
2.19
27.07% -89.06%
SMALL-CAP
1.2B
1.4B
-1.28% 33.77%
11.98
0.89
-1.78% 53.96%
493.5M
130.3M
6.24% 30.69%
7.36
3.79
54.06% 153.62%
475.6M
1.8B
-4.57% -1.57%
-21.82
0.26
-5.89% -65.15%
460.9M
103.0M
-7.27% -54.05%
-4.5
4.47
-24.12% -2.70%
66.9M
61.2M
1.74% 45.27%
15.98
1.09
-1.21% 27.64%

Kennametal Inc News

Latest updates
Yahoo Finance Australia • 16 hours ago
Yahoo Finance • 10 Apr 2024 • 04:26 pm
Defense World • 03 Apr 2024 • 07:00 am
Simply Wall St • 31 Mar 2024 • 07:00 am
Zacks Investment Research • 2 months ago

Kennametal Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.6%495492550536497495530512487484516485441400379483505518604597587
Gross Profit-14.3%140163176168143160170165153161176150122105101157132139214208199
Operating Expenses-3.9%10711211011310610810310710710310810898.0093.0068.0099.00108114116120115
EBITDA Margin-2.2%0.15*0.15*0.15*0.16*0.16*0.17*0.17*0.17*0.17*0.15*0.12*0.11*---------
Interest Expenses3.7%7.007.007.008.007.007.007.006.006.006.007.0021.008.0011.0011.008.008.008.009.008.008.00
Income Taxes-124.9%-2.018.009.0011.005.0011.0017.0015.0011.0014.0016.00-1.70-5.68-2.8818.0030.00-45.254.0017.009.0019.00
Earnings Before Taxes-41.9%22.0038.0047.0044.0028.0041.0059.0051.0044.0052.0053.0021.0015.00-23.7410.0032.00-51.4811.0080.0079.0075.00
EBT Margin-3.5%0.07*0.08*0.08*0.08*0.09*0.10*0.10*0.10*0.09*0.07*0.04*0.01*---------
Net Income-23.1%23.0030.0036.0032.0022.0028.0042.0035.0031.0036.0035.0022.0019.00-21.67-9.113.00-5.94-0.6162.0069.0055.00
Net Income Margin1.1%0.06*0.06*0.06*0.06*0.06*0.07*0.07*0.07*0.06*0.06*0.03*0.01*---------
Free Cashflow706.3%37.00-6.0910853.0042.00-40.2352.0013.0022.00-2.0463.0046.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.3%2,5442,5132,5472,6042,5792,5162,5742,6602,6112,6082,6662,6152,6152,5593,0382,5382,6232,5992,6562,6082,531
  Current Assets-0.1%1,0101,0111,0271,0791,0481,0111,0251,0439849671,0059679499361,4419671,0361,0651,1911,1631,119
    Cash Equivalents-4.6%91.0095.0010693.0077.0065.0086.0010010210715411410398.0060785.0010511418211396.00
  Inventory0.1%571570558595606591571562533505476476497509522517522557572589579
  Net PPE0.3%9619589699759829731,0021,0121,0231,0361,0551,0541,0731,0541,0381,0151,009964935886855
  Goodwill3.5%276267270269267258264271273275278276281275271269286295300298300
Liabilities0.2%1,2161,2141,2331,2871,2891,2781,2821,2981,2541,2431,2981,2971,2951,2931,7691,2391,2761,2621,2821,2421,223
  Current Liabilities-1.4%414420434489494497486460411389437426403416898383409419462430412
  Long Term Debt0.0%596595595595595595594593593593592592594593594594593593592592592
Shareholder's Equity-0.8%1,2881,2991,2751,2761,2891,2381,2911,3621,3571,3651,3681,3181,3201,2661,0051,2991,3471,3385291,3651,308
  Retained Earnings0.6%1,1461,1391,1251,1041,0881,0831,0711,0451,0271,0129939749699671,0051,0311,0441,0671,0771,031979
  Additional Paid-In Capital-2.0%444453465471473479494525535551563557548540539537537531529524522
Accumulated Depreciation3.3%1,4551,4091,3991,3831,3591,3061,3131,3421,3301,3241,3181,3191,3181,2741,2361,2171,2281,2111,2211,2341,248
Shares Outstanding-0.2%80.0080.0081.0081.0081.0082.0083.0083.0084.0084.0084.0084.00---------
Minority Interest4.9%40.0038.0039.0040.0039.0037.0039.0042.0041.0040.0039.0041.0041.0041.0039.0038.0041.0039.0040.0040.0039.00
Float-----1,019---1,725---1,868---2,000---1,833
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations143.5%62,59725,711131,76373,67363,257-10,74888,42135,21942,00115,80396,48571,84557,7309,62277,67958,96259,55227,545143,05495,96452,300
  Share Based Compensation-31.5%5,9568,6965,8924,8565,6278,2822,9614,6506,1727,2025,4186,5845,8066,9911,7593155,7198,2554,0015,4094,949
Cashflow From Investing3.6%-27,682-28,724-23,016-18,146-18,774-29,294-36,616-22,249-18,660-17,414-30,238-25,119-28,656-38,963-38,136-56,531-51,781-71,888-58,743-57,241-43,104
Cashflow From Financing-568.5%-40,456-6,052-93,095-38,859-34,27923,125-62,969-15,217-28,610-43,939-28,783-33,425-28,677-483,360479,454-15,319-18,719-19,965-15,022-23,751-13,770
  Dividend Payments-0.2%15,90915,93516,05616,09716,09516,27616,50316,60216,72316,73716,71916,70616,68316,62716,57816,58216,57816,56516,47816,44816,421
  Buy Backs9.5%15,02913,72511,7347,48810,69219,37635,02015,01422,59912,90948.0049.0050.0050.0051.0052.0053.0053.0053.0054.0053.00

KMT Income Statement

2023-12-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Sales$ 495,320$ 497,121$ 987,796$ 991,913
Cost of goods sold355,723354,231685,301689,055
Gross profit139,597142,890302,495302,858
Operating expense107,342105,756218,991214,035
Restructuring and other charges, net (Note 6)(1,033)(1,505)(4,119)(1,505)
Amortization of intangibles2,7433,1485,7886,312
Operating income28,47935,49173,59784,016
Interest expense6,8477,01513,44713,652
Other expense, net(687)588(597)1,597
Income before income taxes22,31927,88860,74768,767
Provision for income taxes(2,009)4,9646,05016,206
Net income24,32822,92454,69752,561
Less: Net income attributable to noncontrolling interests1,2201,0251,5322,466
Net income attributable to Kennametal$ 23,108$ 21,899$ 53,165$ 50,095
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS    
Basic earnings per share$ 0.29$ 0.27$ 0.67$ 0.62
Diluted earnings per share0.290.270.660.61
Dividends per share$ 0.20$ 0.20$ 0.4$ 0.4
Basic weighted average shares outstanding79,70080,73779,86381,141
Diluted weighted average shares outstanding80,11481,23780,39581,677
Noncontrolling Interest [Member]    
Net income$ 1,220$ 1,025$ 1,532$ 2,466

KMT Balance Sheet

2023-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 90,735$ 106,021
Accounts receivable, less allowance for doubtful accounts of $8,185 and $8,759, respectively290,547307,313
Inventories (Note 9)570,785557,630
Other current assets57,75355,825
Total current assets1,009,8201,026,789
Property, plant and equipment:  
Land and buildings416,804416,291
Machinery and equipment1,999,2441,951,535
Less accumulated depreciation(1,454,652)(1,398,758)
Property, plant and equipment, net961,396969,068
Other assets:  
Goodwill (Note 17)275,916269,551
Other intangible assets, less accumulated amortization of $175,481 and $173,346, respectively (Note 17)87,59893,164
Operating lease right-of-use assets47,29443,036
Deferred income taxes74,49165,519
Other87,83780,107
Total other assets573,136551,377
Total assets2,544,3522,547,234
Current liabilities:  
Revolving and other lines of credit and notes payable (Note 11)23,315689
Current operating lease liabilities12,30111,379
Accounts payable193,002203,341
Accrued income taxes14,68025,143
Accrued expenses42,12855,635
Other current liabilities128,682137,788
Total current liabilities414,108433,975
Long-term debt, less current maturities (Note 10)595,576595,172
Operating lease liabilities35,01432,178
Deferred income taxes32,37632,062
Accrued pension and postretirement benefits116,655115,536
Accrued income taxes1,5071,446
Other liabilities21,01222,697
Total liabilities1,216,2481,233,066
Commitments and contingencies
Kennametal Shareholders' Equity  
Preferred stock, no par value; 5,000 shares authorized; none issued00
Capital stock, $1.25 par value; 120,000 shares authorized; 79,818 and 79,835 shares issued, respectively99,07199,794
Additional paid-in capital444,162465,406
Retained earnings1,145,9111,124,590
Accumulated other comprehensive loss(401,321)(414,343)
Total Kennametal Shareholders' Equity1,287,8231,275,447
Noncontrolling interests40,28138,721
Total equity1,328,1041,314,168
Total liabilities and equity$ 2,544,352$ 2,547,234
Common Stock, Par or Stated Value Per Share$ 1.25$ 1.25
Preferred Stock, No Par Value$ 0$ 0
Preferred Stock, Shares Authorized5,0005,000
KMT
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.
 CEO
 WEBSITEkennametal.com
 INDUSTRYCommunication Equipment
 EMPLOYEES8700

Kennametal Inc Frequently Asked Questions


What is the ticker symbol for Kennametal Inc? What does KMT stand for in stocks?

KMT is the stock ticker symbol of Kennametal Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kennametal Inc (KMT)?

As of Mon Apr 15 2024, market cap of Kennametal Inc is 1.89 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KMT stock?

You can check KMT's fair value in chart for subscribers.

What is the fair value of KMT stock?

You can check KMT's fair value in chart for subscribers. The fair value of Kennametal Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kennametal Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KMT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kennametal Inc a good stock to buy?

The fair value guage provides a quick view whether KMT is over valued or under valued. Whether Kennametal Inc is cheap or expensive depends on the assumptions which impact Kennametal Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KMT.

What is Kennametal Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, KMT's PE ratio (Price to Earnings) is 15.56 and Price to Sales (PS) ratio is 0.91. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KMT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Kennametal Inc's stock?

In the past 10 years, Kennametal Inc has provided -0.044 (multiply by 100 for percentage) rate of return.