KMT - Kennametal Inc.
| Previous Close | 34.19 |
| Open | 34.26 |
| Bid | 34.20 x 800 |
| Ask | 34.21 x 1100 |
| Day's Range | 34.05 - 34.50 |
| 52 Week Range | 30.32 - 45.10 |
| Volume | 502,242 |
| Avg. Volume | 914,460 |
| Market Cap | 2.815B |
| Beta (3Y Monthly) | 2.42 |
| PE Ratio (TTM) | 11.43 |
| EPS (TTM) | 2.99 |
| Earnings Date | Aug 5, 2019 - Aug 9, 2019 |
| Forward Dividend & Yield | 0.80 (2.34%) |
| Ex-Dividend Date | 2019-05-13 |
| 1y Target Est | 39.40 |
- Simply Wall St.•5 days ago
Does Kennametal Inc. (NYSE:KMT) Have A Place In Your Dividend Portfolio?
Dividend paying stocks like Kennametal Inc. (NYSE:KMT) tend to be popular with investors, and for good reason - some...
- Zacks•11 days ago
Kennametal's Restructuring Plans to Boost Shareholder Value
Kennametal (KMT) announces that it is taking multiple restructuring actions that will help it simplify the business structure, improve efficiency and boost shareholder value.
- American City Business Journals•12 days ago
Kennametal announces plan to close facilities in Westmoreland County and Germany
The plans to close several manufacturing facilities around the globe are part of the company's restructuring.
- MarketWatch•12 days ago
Kennametal to close facilities in Germany, Pennsylvania as part of 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%.
- PR Newswire•12 days ago
Kennametal Initiates Restructuring Actions
PITTSBURGH, July 11, 2019 /PRNewswire/ -- Kennametal Inc. (KMT) today announced several restructuring actions that would facilitate a simplified and leaner structure, while further positioning the Company for long-term profitable growth. As part of its ongoing simplification/modernization initiative, the Company is optimizing its operations globally, including footprint rationalization. The Company's proposal is to close its manufacturing facilities in Essen and Lichtenau as well as its distribution center in Neunkirchen, all in Germany.
- Simply Wall St.•21 days ago
Does Kennametal Inc. (NYSE:KMT) Have A Good P/E Ratio?
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
- Insider Monkey•last month
Here’s What Hedge Funds Think About Kennametal Inc. (KMT)
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 […]
- Thomson Reuters StreetEvents•last month
Edited Transcript of KMT earnings conference call or presentation 7-May-19 12:00pm GMT
Q3 2019 Kennametal Inc Earnings Call
- Zacks•last month
Here's Why it is Worth Holding on to Kennametal Stock for Now
Kennametal (KMT) gains from initiatives and exposure in various end markets. However, weakness in organic sales, high costs and forex woes are concerning.
- Markit•last month
See what the IHS Markit Score report has to say about Kennametal Inc.
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 Managers’ 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 score@ihsmarkit.com.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.
- Simply Wall St.•2 months ago
The Kennametal (NYSE:KMT) Share Price Is Down 31% So Some Shareholders Are Getting Worried
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...
- Zacks•2 months ago
Why Is Kennametal (KMT) Down 13.8% Since Last Earnings Report?
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Business Wire•2 months ago
ExOne Announces Kennametal as Inaugural Beta Customer for New X1 25PRO™ Production Machine
The ExOne Company , a global provider of three-dimensional printing machines, 3D printed products, materials and services to industrial customers, today announced its initial X1 25PRO™ beta machine partnership with Kennametal Inc.
- Simply Wall St.•2 months ago
Are Investors Undervaluing Kennametal Inc. (NYSE:KMT) By 35%?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Kennametal Inc...
Motley Fool•3 months agoKennametal Inc (KMT) Q3 2019 Earnings Call Transcript
KMT earnings call for the period ending March 31, 2019.
- Zacks•3 months ago
Kennametal (KMT) Lags Q3 Earnings Estimates, Revises View
Kennametal's (KMT) fiscal third-quarter earnings lagged estimates while improved year over year on benefits derived from growth, modernization and simplification initiatives.
- Zacks•3 months ago
Kennametal (KMT) Q3 Earnings and Revenues Miss Estimates
Kennametal (KMT) delivered earnings and revenue surprises of -3.75% and -4.04%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•3 months ago
Kennametal: Fiscal 3Q Earnings Snapshot
On a per-share basis, the Pittsburgh-based company said it had profit of 82 cents. Earnings, adjusted for pretax gains, were 77 cents per share. The results missed Wall Street expectations. The average ...
- PR Newswire•3 months ago
Kennametal Announces Fiscal 2019 Third Quarter Results: 10th consecutive quarter of year-over-year earnings per share growth
Highlights - Earnings per diluted share (EPS) of $0.82 ; adjusted EPS increases 10 percent year-over-year to $0.77 - Sales of $597 million down 2 percent year-over-year; continued organic sales growth ...
- Simply Wall St.•3 months ago
Is Kennametal Inc.’s (NYSE:KMT) 17% ROCE Any Good?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll evaluate Kennametal Inc. (NYSE:KMT) to determine whether it could have potential as an inve...
- American City Business Journals•3 months ago
Kennametal union workers in Massachusetts could go on strike
Workers gathered to protest last weekend over a contract they said would reduce health benefits and require mandatory overtime.
- Zacks•3 months ago
Kennametal (KMT) Earnings Expected to Grow: Should You Buy?
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.
