|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||37.23 - 37.86|
|52 Week Range||32.23 - 52.52|
|PE Ratio (TTM)||19.81|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||0.80 (2.12%)|
|1y Target Est||46.30|
PITTSBURGH , June 15, 2018 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that Vice President and Chief Financial Officer Jan Kees van Gaalen will retire from the company in September 2018. ...
PITTSBURGH, June 11, 2018 /PRNewswire/ -- Kennametal Inc. (KMT) announced today that Vice President and Chief Human Resources and Corporate Relations Officer, Judith Bacchus, has been appointed to serve on the board of directors for Universal Stainless and Alloy Products, Inc., (USAP) a manufacturer of semi-finished and finished specialty steels. "We are proud to have an executive like Judy accept this important role at Universal Stainless," said Kennametal President and CEO Chris Rossi. "Judy's leadership has been invaluable to Kennametal over the past 12 years, and has given her a keen insight on the challenges facing manufacturing companies.
Kennametal's (KMT) strategic initiatives along with diversity in end-markets and nations served boost growth opportunities. Higher costs and debt as well as weakening cash position are concerning.
PITTSBURGH, June 7, 2018 /PRNewswire/ -- Kennametal Inc. (KMT) completed a public offering of $300,000,000 aggregate principal amount of its 4.625% Senior Notes due 2028. As previously announced, Kennametal intends to use the net proceeds from the offering, plus cash on hand, to redeem the $400,000,000 aggregate principal amount of its 2.650% Notes due November 2019 (CUSIP No. 489170 AD2) (the "2019 Notes") and for general corporate purposes. The company will provide the trustee with redemption notices to redeem the 2019 Notes.
Kennametal (KMT) intends to use net proceeds from the issuance of $300 million of 4.625% senior notes for lowering its debt balance. The notes are offered at 99.271% of the principal amount.
PITTSBURGH, June 4, 2018 /PRNewswire/ -- Kennametal Inc. (KMT) announced the pricing of a public offering of $300,000,000 aggregate principal amount of its 4.625% Senior Notes due June 15, 2028 under the company's shelf registration statement. Kennametal intends to use the net proceeds from the offering, plus cash on hand, to redeem its 2.650% notes due November 2019 and for general corporate purposes.
PITTSBURGH , May 24, 2018 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the election of Lorraine M. Martin to its board of directors, effective July 1, 2018 . Ms. Martin recently retired ...
NEW YORK, May 23, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Floor ...
PITTSBURGH , May 21, 2018 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced they will attend the KeyBanc Capital Markets Industrials & Basic Materials Conference on May 31, 2018 in Boston. Christopher ...
Stock Research Monitor: KMT, SWK, and TKR LONDON, UK / ACCESSWIRE / May 16, 2018 / If you want a free Stock Review on BGC sign up now at www.wallstequities.com/registration . On Tuesday, May 15, 2018, ...
Let's put Kennametal Inc. (KMT) stock into this equation and find out if it is a good choice for value-oriented investors right now
Although the industrial sector is generally characterized by a wide variety of markets with companies spanning the quality spectrum, most names suffer relatively high cyclicality. Therefore, where we are inRead More...
While focusing on the stocks in the top Zacks Ranked industries will result in a winning portfolio, investing in highly ranked industries showing solid week-over-week improvement would further lead to outperformance.
Kennametal's (KMT) third-quarter fiscal 2018 earnings improve year over year on the back of growth in end markets, as well as benefits from the company???s modernization & simplification initiatives.
The Pittsburgh-based company said it had net income of 61 cents per share. Earnings, adjusted for pretax expenses and restructuring costs, were 70 cents per share. The results did not meet Wall Street ...
- Year-over-year sales growth of 15 percent; organic sales growth of 11 percent - Year-to-date net cash flow from operating activities of $181 million ; free operating cash flow of $54 million - Reported ...
PITTSBURGH , April 26, 2018 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced they will attend the Wells Fargo Industrials Conference on May 9, 2018 in New York. Christopher Rossi, President & CEO, ...
Illinois Tool Works' (ITW) first-quarter 2018 earnings gained from healthy segmental sales and margin growth backed by enterprise initiatives. Earnings guidance for 2018 has been raised.
Swedish engineering group Sandvik beat first-quarter operating earnings expectations on Tuesday boosted by strong results in its metal-cutting tools business, the group's main profit generator. At 1310 GMT, Sandvik shares were trading down 1.8 percent. Sandvik, which competes with companies such as Atlas Copco in mining equipment and U.S. firm Kennametal in metal-cutting, has been riding booming mining gear demand and a rise in orders from many industrial segments since late 2016.
Industrial production rose 4.2% in Q1, which holds promise for the industrial sector which is poised to see double-digit growth in the quarter.
Kennametal Inc (NYSE:KMT) is trading with a trailing P/E of 22.5x, which is lower than the industry average of 24.3x. Although some investors may jump to the conclusion that thisRead More...
PITTSBURGH , April 23, 2018 /PRNewswire/ -- 8:00 a.m. Eastern Time , Thursday, May 3, 2018 Listen via real-time audio on the Kennametal website at www.kennametal.com Select "About Us", "Investor ...