Is Kennametal Stock a Good Investment?
Kennametal Investment Advice | KMT |
- Examine Kennametal's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Kennametal's leadership team and their track record. Good management can help Kennametal navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Kennametal's business and its evolving consumer preferences.
- Compare Kennametal's performance and market position to its competitors. Analyze how Kennametal is positioned in terms of product offerings, innovation, and market share.
- Check if Kennametal pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Kennametal's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Kennametal stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Kennametal is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Kennametal Stock
Researching Kennametal's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.36. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kennametal has Price/Earnings To Growth (PEG) ratio of 0.56. The entity last dividend was issued on the 11th of February 2025. The firm had 2:1 split on the 19th of December 2007.
To determine if Kennametal is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Kennametal's research are outlined below:
| Kennametal generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are owned by institutional investors | |
| On 25th of February 2025 Kennametal paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Kennametal Inc. Given Average Recommendation of Reduce by Brokerages - MarketBeat |
Kennametal Quarterly Accounts Payable |
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Kennametal uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Kennametal. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Kennametal's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Kennametal's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Kennametal's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-11-02 | 2020-09-30 | 0.04 | 0.03 | -0.01 | 25 | ||
2016-02-03 | 2015-12-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2003-04-30 | 2003-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
1998-10-22 | 1998-09-30 | 0.11 | 0.13 | 0.02 | 18 | ||
2024-11-06 | 2024-09-30 | 0.26 | 0.29 | 0.03 | 11 | ||
2020-08-03 | 2020-06-30 | 0.12 | 0.15 | 0.03 | 25 | ||
2020-02-03 | 2019-12-31 | 0.2 | 0.17 | -0.03 | 15 | ||
2017-02-01 | 2016-12-31 | 0.21 | 0.24 | 0.03 | 14 |
Kennametal Target Price Consensus
Kennametal target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Kennametal's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 9 | Hold |
Most Kennametal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Kennametal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Kennametal, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationKennametal Target Price Projection
Kennametal's current and average target prices are 21.63 and 27.25, respectively. The current price of Kennametal is the price at which Kennametal is currently trading. On the other hand, Kennametal's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Kennametal Target Price
Kennametal Analyst Ratings
Kennametal's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Kennametal stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Kennametal's financials, market performance, and future outlook by experienced professionals. Kennametal's historical ratings below, therefore, can serve as a valuable tool for investors.Know Kennametal's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Kennametal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kennametal backward and forwards among themselves. Kennametal's institutional investor refers to the entity that pools money to purchase Kennametal's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fisher Asset Management, Llc | 2024-12-31 | 2 M | Barrow Hanley Mewhinney & Strauss Llc | 2024-12-31 | 2 M | Geode Capital Management, Llc | 2024-12-31 | 1.8 M | Charles Schwab Investment Management Inc | 2024-12-31 | 1.5 M | Fuller & Thaler Asset Management Inc | 2024-12-31 | 1.4 M | Bank Of New York Mellon Corp | 2024-12-31 | 1.1 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.1 M | Goldman Sachs Group Inc | 2024-12-31 | 1 M | Northern Trust Corp | 2024-12-31 | 993.7 K | Blackrock Inc | 2024-12-31 | 12.6 M | Vanguard Group Inc | 2024-12-31 | 9 M |
Kennametal's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.68 B.Market Cap |
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Kennametal's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.09 | 0.12 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.10 | 0.07 |
Determining Kennametal's profitability involves analyzing its financial statements and using various financial metrics to determine if Kennametal is a good buy. For example, gross profit margin measures Kennametal's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Kennametal's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Kennametal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kennametal. Check Kennametal's Beneish M Score to see the likelihood of Kennametal's management manipulating its earnings.
Evaluate Kennametal's management efficiency
Kennametal has Return on Asset of 0.0442 % which means that on every $100 spent on assets, it made $0.0442 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0784 %, implying that it generated $0.0784 on every 100 dollars invested. Kennametal's management efficiency ratios could be used to measure how well Kennametal manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.12 in 2025, whereas Return On Tangible Assets are likely to drop 0.05 in 2025. Total Current Liabilities is likely to drop to about 414.2 M in 2025. Liabilities And Stockholders Equity is likely to drop to about 2.1 B in 2025| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.61 | 10.47 | |
| Tangible Book Value Per Share | 10.61 | 5.70 | |
| Enterprise Value Over EBITDA | 6.87 | 8.01 | |
| Price Book Value Ratio | 1.31 | 1.42 | |
| Enterprise Value Multiple | 6.87 | 8.01 | |
| Price Fair Value | 1.31 | 1.42 | |
| Enterprise Value | 3.1 B | 3.2 B |
Kennametal has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Basic technical analysis of Kennametal Stock
As of the 20th of March, Kennametal secures the Standard Deviation of 1.54, mean deviation of 1.21, and Risk Adjusted Performance of (0.17). Kennametal technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.Kennametal's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Kennametal insiders, such as employees or executives, is commonly permitted as long as it does not rely on Kennametal's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Kennametal insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Kennametal's Outstanding Corporate Bonds
Kennametal issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Kennametal uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Kennametal bonds can be classified according to their maturity, which is the date when Kennametal has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| KENNAMETAL INC 4625 Corp BondUS489170AE03 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| KMT 28 01 MAR 31 Corp BondUS489170AF77 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Kennametal's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Kennametal's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | (0.69) | |||
| Mean Deviation | 1.21 | |||
| Coefficient Of Variation | (505.04) | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.36 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.70) | |||
| Maximum Drawdown | 7.36 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 1.82 | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.0105 |
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | (0.69) | |||
| Mean Deviation | 1.21 | |||
| Coefficient Of Variation | (505.04) | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.36 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.70) | |||
| Maximum Drawdown | 7.36 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 1.82 | |||
| Skewness | (0.29) | |||
| Kurtosis | 0.0105 |
Consider Kennametal's intraday indicators
Kennametal intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Kennametal stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 21066.48 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 21.6 | |||
| Day Typical Price | 21.61 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.07) | |||
| Relative Strength Index | 40.42 |
Kennametal Corporate Filings
F4 | 3rd of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 14th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 10th of February 2025 Other Reports | ViewVerify | |
10Q | 7th of February 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Kennametal Stock media impact
Far too much social signal, news, headlines, and media speculation about Kennametal that are available to investors today. That information is available publicly through Kennametal media outlets and privately through word of mouth or via Kennametal internal channels. However, regardless of the origin, that massive amount of Kennametal data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Kennametal news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Kennametal relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Kennametal's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Kennametal alpha.
Kennametal Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Kennametal can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Kennametal Historical Investor Sentiment
Investor biases related to Kennametal's public news can be used to forecast risks associated with an investment in Kennametal. The trend in average sentiment can be used to explain how an investor holding Kennametal can time the market purely based on public headlines and social activities around Kennametal. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kennametal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kennametal and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Kennametal news discussions. The higher the estimate score, the more favorable the investor's outlook on Kennametal.
Kennametal Maximum Pain Price Across April 17th 2025 Option Contracts
Kennametal's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Kennametal close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Kennametal's options.
Kennametal Corporate Directors
| William Harvey | Independent Director | Profile | |
| Cynthia Davis | Independent Director | Profile | |
| Steven Wunning | Independent Director | Profile | |
| Joseph Alvarado | Independent Director | Profile |
Additional Tools for Kennametal Stock Analysis
When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.