Kennametal Inc (KMT)
NYSE:KMT
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KMT Stock Chart & Stats
$38.95
$0.07(0.29%)
At close: 4:00 PM EST
$38.95
$0.07(0.29%)
Day’s Range― - ―
52-Week Range$17.62 - $43.81
Previous CloseN/A
Volume132.74K
Average Volume (3M)1.48M
Market Cap
$2.77B
Enterprise Value$3.32B
Total Cash (Recent Filing)$106.85M
Total Debt (Recent Filing)$659.57M
Price to Earnings (P/E)20.2
Beta0.79
Next Earnings
Aug 12, 2026EPS Estimate
2.32Next Dividend Ex-DateN/A
Dividend Yield2.74%
Share Statistics
EPS (TTM)1.79
Shares Outstanding76,210,106
10 Day Avg. Volume1,105,068
30 Day Avg. Volume1,479,736
Financial Highlights & Ratios
PEG Ratio-1.54
Price to Book (P/B)1.38
Price to Sales (P/S)0.90
P/FCF Ratio14.86
Enterprise Value/Market Cap1.20
Enterprise Value/Revenue1.56
Enterprise Value/Gross Profit4.89
Enterprise Value/Ebitda9.23
Forecast
1Y Price Target
$37.31Price Target Upside-4.20% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering9
EPS Forecast (FY)3.91
Revenue Forecast (FY)$2.34B
Bulls Say, Bears Say
Bulls Say
Margin Expansion & ProfitabilitySustained margin expansion and rising adjusted EPS indicate improved pricing power and operational leverage. Higher gross and EBITDA margins increase the company's ability to generate lasting earnings through cost takeouts and pricing, supporting durable profitability even if end-market growth moderates.
Improving Balance Sheet & Manageable LeverageLower net leverage and a larger equity base enhance financial flexibility and resilience to cyclical downturns. Improved ROE alongside manageable debt provides room to fund strategic initiatives, refinance selectively (debt tender activity), and absorb shocks without forcing distress actions over the medium term.
Durable Consumable Revenue & Share GainsRecurring demand for consumable tooling and wear solutions, combined with visible share gains in higher-value end markets, supports repeatable revenue streams. Diversified end-market strength (infrastructure, energy, aerospace) reduces single-cycle exposure and underpins multi-quarter revenue durability and customer stickiness.
Bears Say
Weak Cash Generation & ConversionMaterial deterioration in operating and free cash flow constrains internal funding for capex, M&A and shareholder returns. With cash conversion well below historical norms, the business is more reliant on liquidity facilities or refinancing to support operations, elevating structural risk if revenue or margins soften.
Tungsten Price Volatility & Working CapitalExposure to extreme tungsten price swings ties up inventory and creates persistent working-capital unpredictability. As a core raw material, tungsten volatility can erode margins and cash flow for multiple quarters, making earnings and liquidity outcomes more uncertain and complicating multi-period planning.
Capital Allocation Constraints (Paused Buybacks)Management's decision to pause repurchases to preserve liquidity reflects constrained discretionary capital. While prudent, the pause limits avenues for returning excess cash and signals that resource allocation may remain conservative until cash conversion improves, potentially delaying shareholder value creation.
Kennametal News
KMT FAQ
What was Kennametal Inc’s price range in the past 12 months?
Kennametal Inc lowest stock price was $17.62 and its highest was $43.81 in the past 12 months.
What is Kennametal Inc’s market cap?
Kennametal Inc’s market cap is $2.77B.
When is Kennametal Inc’s upcoming earnings report date?
Kennametal Inc’s upcoming earnings report date is Aug 12, 2026 which is in 52 days.
How were Kennametal Inc’s earnings last quarter?
Kennametal Inc released its earnings results on May 06, 2026. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.672 by $0.098.
Is Kennametal Inc overvalued?
According to Wall Street analysts Kennametal Inc’s price is currently Overvalued.
Does Kennametal Inc pay dividends?
Kennametal Inc pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 2.74%. See more information on Kennametal Inc dividends here
What is Kennametal Inc’s EPS estimate?
Kennametal Inc’s EPS estimate is 2.32.
How many shares outstanding does Kennametal Inc have?
Kennametal Inc has 76,210,106 shares outstanding.
What happened to Kennametal Inc’s price movement after its last earnings report?
Kennametal Inc reported an EPS of $0.77 in its last earnings report, beating expectations of $0.672. Following the earnings report the stock price went up 15.356%.
Which hedge fund is a major shareholder of Kennametal Inc?
Currently, no hedge funds are holding shares in KMT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Kennametal Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$37.31 (-4.20% Downside)
$37.31 (-4.20% Downside)
Blogger Sentiment
Bullish
KMT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 6.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 9.7%
Last 30 Days ▼ 9.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
69.75%
12-Months-Change
Fundamentals
Return on Equity
10.46%
Trailing 12-Months
Asset Growth
9.65%
Trailing 12-Months
Company Description
Kennametal Inc
Kennametal Inc. is a global leader in developing and applying cutting-edge materials, including tungsten carbides, ceramics, and super-hard compounds. Their core mission is to provide robust solutions for demanding industrial applications, specifically in metal cutting and environments prone to extreme wear, high temperatures, and corrosion, serving clients worldwide. The company's operations are structured into two primary segments: Metal Cutting and Infrastructure. Within the Metal Cutting division, Kennametal offers a comprehensive portfolio of standard and bespoke products, encompassing tools for turning, milling, and hole-making, integrated tooling systems, and associated technical services. They also supply specialized wear-resistant components and advanced metallurgical powders. These critical products serve a diverse array of manufacturers across industries such as transportation (vehicles and components), machine tools, light and heavy machinery, aerospace (airframes and components), and the energy sector (oil and gas, power generation). The company further supports these clients with expert product design, selection, application guidance, and ongoing support services, delivering customized metal cutting solutions. Under its Infrastructure segment, Kennametal produces a variety of specialized items. This includes compacts, nozzles, frac seats, and tailored components crucial for the oil and gas and petrochemical industries. They also provide rod blanks and abrasive water jet nozzles for broader industrial applications, alongside durable earth-cutting tools and systems essential for underground mining, trenching, foundation drilling, and road milling. Furthermore, the company manufactures tungsten carbide powders for aerospace, oil and gas, and process industries, as well as ceramics specifically utilized by the packaging industry for film and paper metallization. Kennametal's extensive product lines are marketed under well-known brands such as Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD. Distribution occurs through a multi-channel approach, leveraging a direct sales force, a broad network of independent and national distributors, integrated supplier relationships, and online platforms. Founded in Pittsburgh, Pennsylvania, in 1938, the company boasts a long-standing history in the industrial materials sector.
KMT Company Deck
KMT Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance: strong top-line growth, margin expansion, consecutive quarters of organic growth, share gains in key end markets and an upward revision to guidance driven by price realization and volume. However, material near-term negatives include significant working capital and cash flow strain driven by unprecedented tungsten price volatility, some regional/market softness (EMEA, transportation), higher inflationary and compensation pressures, and a temporary pause/delay in repurchases and some restructuring actions. Management characterizes many negatives as temporary or manageable while emphasizing vertical-integration advantages and a focus on growth.View all KMT earnings summariesKMT Stock 12 Month Forecast
Average Price Target
$37.31
▼(-4.20% Downside)
Technical Analysis
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Ownership Overview
0.72% Insiders
26.41% Mutual Funds
24.77% Other Institutional Investors
13.13% Public Companies and
Individual Investors