28.06 +0.31 (1.10%)
After hours: 4:26PM EDT
|Bid||27.76 x 800|
|Ask||27.78 x 800|
|Day's Range||27.64 - 29.16|
|52 Week Range||27.49 - 45.10|
|Beta (3Y Monthly)||2.34|
|PE Ratio (TTM)||9.57|
|Forward Dividend & Yield||0.80 (2.82%)|
|1y Target Est||N/A|
Kennametal Inc (KMT) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Kennametal Inc is engaged in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings. Continue reading...
Kennametal's (KMT) fourth-quarter fiscal 2019 earnings lag estimates and decline year over year on weak sales results. It remains wary of market conditions in the first half of fiscal 2020.
Kennametal (KMT) delivered earnings and revenue surprises of -2.33% and -6.11%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Kennametal (KMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dividend paying stocks like Kennametal Inc. (NYSE:KMT) tend to be popular with investors, and for good reason - some...
Kennametal (KMT) announces that it is taking multiple restructuring actions that will help it simplify the business structure, improve efficiency and boost shareholder value.
The plans to close several manufacturing facilities around the globe are part of the company's restructuring.
Kennametal Inc. announced Thursday a restructuring that will include closing facilities in Germany and Pennsylvania over the next two years. The company expects to record charges of $60 million to $75 million through fiscal 2020 and 2021 for the restructuring, which is aimed at delivering annualized savings of $35 million to $40 million. As part of the restructuring, the materials science and wear-resistant solutions company will close its manufacturing facilities in Essen and Lichtenau and its distribution center in Neunkirchen, all in Germany, and a manufacturing facility in Irwin, Penn. The number of jobs that will be affected was not disclosed. "We recognize the effect on our employees and will work closely with their representatives to support them throughout this transition," said Chief Executive Christopher Rossi. The stock, which was still inactive in premarket trading, has lost 15.9% over the past three months while the Dow Jones Industrial Average has gained 3.6%.
How do we determine whether Kennametal Inc. (NYSE:KMT) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows that […]
Kennametal (KMT) gains from initiatives and exposure in various end markets. However, weakness in organic sales, high costs and forex woes are concerning.
Kennametal Inc NYSE:KMTView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for KMT with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 15. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $783 million over the last one-month into ETFs that hold KMT are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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Kennametal's (KMT) fiscal third-quarter earnings lagged estimates while improved year over year on benefits derived from growth, modernization and simplification initiatives.