Kennametal Inc [NYSE: KMT] price plunged by -18.23 percent to reach at -$4.58.
A sum of 6195961 shares traded at recent session while its average daily volume was at 1.01M shares. Kennametal Inc shares reached a high of $20.6 and dropped to a low of $17.62 until finishing in the latest session at $20.55.
The one-year KMT stock forecast points to a potential upside of 7.39. The average equity rating for KMT stock is currently 3.78, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Kennametal Inc [KMT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KMT shares is $22.19 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KMT stock is a recommendation set at 3.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Kennametal Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 06, 2024. The new note on the price target was released on October 18, 2024, representing the official price target for Kennametal Inc stock. Previously, the target price had yet another raise to $24, while Morgan Stanley analysts kept a Equal-Weight rating on KMT stock. On July 08, 2022, analysts decreased their price target for KMT shares from 27 to 19.
The Price to Book ratio for the last quarter was 1.27, with the Price to Cash per share for the same quarter was set at 1.84. Price to Free Cash Flow for KMT in the course of the last twelve months was 10.27 with Quick ratio for the last quarter at 1.19.
KMT Stock Performance Analysis:
Kennametal Inc [KMT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.37. With this latest performance, KMT shares dropped by -13.87% in over the last four-week period, additionally sinking by -12.40% over the last 6 months – not to mention a drop of -14.45% in the past year of trading.
Insight into Kennametal Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Kennametal Inc [KMT] shares currently have an operating margin of 7.99% and a Gross Margin at 35.19%. Kennametal Inc’s Net Margin is presently recorded at 5.53%.
Kennametal Inc (KMT) Capital Structure & Debt Analysis
According to recent financial data for Kennametal Inc. ( KMT), the Return on Equity (ROE) stands at 7.35%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.69%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Kennametal Inc’s Return on Invested Capital (ROIC) is 5.78%, showcasing its effectiveness in deploying capital for earnings.
Kennametal Inc (KMT) Efficiency & Liquidity Metrics
Based on Kennametal Inc’s (KMT) latest financial statements, the Debt-to-Equity Ratio is 0.47%, indicating its reliance on debt financing relative to shareholder equity.
Kennametal Inc (KMT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Kennametal Inc. (KMT) effectively leverages its workforce, generating an average of $12869.66 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.46% and a Quick Ratio of 1.19%, indicating strong ability to cover short-term liabilities.
KMT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KMT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kennametal Inc go to 8.23%.
Kennametal Inc [KMT] Institutonal Ownership Details
There are presently around $113.02%, or 114.61%% of KMT stock, in the hands of institutional investors. The top three institutional holders of KMT stocks are: BLACKROCK INC. with ownership of 13.96 million shares, which is approximately 17.7689%. VANGUARD GROUP INC, holding 9.04 million shares of the stock with an approximate value of $$212.91 million in KMT stocks shares; and VANGUARD GROUP INC, currently with $$203.88 million in KMT stock with ownership which is approximately 11.0212%.
