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Kennametal Inc.NYSE:KMT Stock Report

Market Cap US$2.9b
Share Price
US$38.71
US$37.57
3.0% overvalued intrinsic discount
1Y98.2%
7D-2.0%
Portfolio Value
View

Kennametal Inc.

NYSE:KMT Stock Report

Market Cap: US$2.9b

Kennametal (KMT) Stock Overview

Engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. More details

KMT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends5/6

KMT Community Fair Values

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See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
US$3.87FV 1.0% overvalued intrinsic discount
30972.3%Revenue growth p.a.
162
0
0
4
9d ago

Kennametal Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kennametal
Historical stock prices
Current Share PriceUS$38.71
52 Week HighUS$42.03
52 Week LowUS$17.62
Beta1.47
1 Month Change7.14%
3 Month Change12.56%
1 Year Change98.21%
3 Year Change46.96%
5 Year Change-7.57%
Change since IPO1,439.65%

Recent News & Updates

KMT: Future Returns Will Depend On Execution Versus Cautiously Higher Market Expectations

Analysts have nudged their price targets for Kennametal higher, with recent increases of $3, $4.50, $7 and $12, backed by updated views on the company that are broadly consistent with only slight tweaks to discount rate, long run revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research updates cluster around higher price targets, but the fine print shows a mix of optimism and caution that is useful to keep in mind if you are trying to gauge Kennametal's risk and reward trade off.

Kennametal: The Fundamentals Still Aren't Cutting It For Me

Apr 21

KMT: Future Returns Will Rely On Tungsten Margin Tailwind And Execution Risk

The updated analyst price target for Kennametal rises slightly, with a fair value estimate moving from about $37.14 to $37.57 as analysts factor in higher tungsten-driven margin support, modestly stronger revenue and profit assumptions, and a slightly lower future P/E multiple. Analyst Commentary Recent Street research on Kennametal has centered on higher price targets, tungsten price effects on margins, and adjustments to earnings models, with a mix of optimistic and more reserved views on how much of this is already reflected in the share price.

KMT: Future Returns Will Depend On Tungsten Tailwind And Margin Resilience

The updated analyst price target for Kennametal reflects a slight fair value change from about $37.13 to $37.14, supported by recent target increases across several firms that highlight tungsten-driven margin support and adjusted earnings models. Analyst Commentary Recent Street research around Kennametal has centered on revised price targets and at least one rating upgrade, with several firms updating their models and views on margins, tungsten exposure, and end market trends.

Recent updates

KMT: Future Returns Will Depend On Execution Versus Cautiously Higher Market Expectations

Analysts have nudged their price targets for Kennametal higher, with recent increases of $3, $4.50, $7 and $12, backed by updated views on the company that are broadly consistent with only slight tweaks to discount rate, long run revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research updates cluster around higher price targets, but the fine print shows a mix of optimism and caution that is useful to keep in mind if you are trying to gauge Kennametal's risk and reward trade off.

Kennametal: The Fundamentals Still Aren't Cutting It For Me

Apr 21

KMT: Future Returns Will Rely On Tungsten Margin Tailwind And Execution Risk

The updated analyst price target for Kennametal rises slightly, with a fair value estimate moving from about $37.14 to $37.57 as analysts factor in higher tungsten-driven margin support, modestly stronger revenue and profit assumptions, and a slightly lower future P/E multiple. Analyst Commentary Recent Street research on Kennametal has centered on higher price targets, tungsten price effects on margins, and adjustments to earnings models, with a mix of optimistic and more reserved views on how much of this is already reflected in the share price.

KMT: Future Returns Will Depend On Tungsten Tailwind And Margin Resilience

The updated analyst price target for Kennametal reflects a slight fair value change from about $37.13 to $37.14, supported by recent target increases across several firms that highlight tungsten-driven margin support and adjusted earnings models. Analyst Commentary Recent Street research around Kennametal has centered on revised price targets and at least one rating upgrade, with several firms updating their models and views on margins, tungsten exposure, and end market trends.

KMT: Future Returns Will Hinge On Tungsten Windfall And Margin Durability

The analyst price target for Kennametal is updated from $35.50 to $37.13, reflecting analysts' recent upward revisions across multiple firms as they factor in stronger revenue and margin assumptions and a slightly higher future P/E. Analyst Commentary Recent research points to a cluster of upward price target revisions and at least one rating upgrade, as analysts update their models for Kennametal's earnings power, margins, and P/E assumptions.

KMT: Future Returns Will Rely On Tungsten Windfall Proving Short Lived

Analysts have raised their average price target on Kennametal from $33.13 to $35.50, citing a series of recent target increases across Wall Street that reflect updated expectations for revenue, margins and the future P/E multiple. Analyst Commentary Recent Street research on Kennametal has been active, with several price target updates and one high profile rating change.

Kennametal Inc. (NYSE:KMT) Stocks Shoot Up 32% But Its P/E Still Looks Reasonable

Feb 10
Kennametal Inc. (NYSE:KMT) Stocks Shoot Up 32% But Its P/E Still Looks Reasonable

KMT: Future Returns Will Depend On Tungsten Spike Proving Surprisingly Short Lived

Analysts have raised their Kennametal fair value estimate from US$29.88 to US$33.13. This reflects updated assumptions for revenue growth, margins, and a lower expected P/E multiple following a series of recent price target increases across the Street.

Power Generation Demand And AI Data Centers Will Reshape This Industrial Supplier’s Long-Term Prospects

Catalysts About Kennametal Kennametal provides metal cutting tools and wear resistant solutions for industrial end markets across its Metal Cutting and Infrastructure segments. What are the underlying business or industry changes driving this perspective?

KMT: Future Returns Will Depend On Uncertain Tungsten Price Spike Durability

Analysts have lifted their Kennametal fair value estimate from $25.25 to $29.88, reflecting Street research that points to tungsten driven earnings support, higher implied revenue growth and margins, and a modestly lower assumed discount rate despite slightly reduced future P/E expectations. Analyst Commentary Street research on Kennametal has tilted more constructive, with several price target increases and rating upgrades built around tungsten linked earnings support, model tweaks, and an improving demand backdrop in certain end markets.

KMT: Future Returns Will Rely On Unproven Tungsten Pricing Durability

Analysts have lifted their price targets on Kennametal to a roughly $25 to $28 range, citing a better tungsten pricing backdrop, Q1 results ahead of expectations, and management’s higher FY26 EPS guidance, even as they continue to watch for sustained growth momentum. Analyst Commentary Recent research points to a mixed but constructive read on Kennametal, with higher price targets framed against both improving fundamentals and lingering execution questions.

Kennametal (NYSE:KMT) Has More To Do To Multiply In Value Going Forward

Jan 07
Kennametal (NYSE:KMT) Has More To Do To Multiply In Value Going Forward

KMT: Future Returns Will Hinge On Sustaining Tungsten Pricing Power

The analyst price target for Kennametal has increased to a range of $25 to $28, up from $21 to $22 previously. Analysts point to a positive inflection from rising tungsten prices and better than expected Q1 results with improved pricing benefits.

KMT: Future Returns Will Depend On Sustained Tungsten Pricing Power

Analysts have lifted their price target on Kennametal by $3 to $28, citing a positive inflection in growth from higher tungsten prices, better than expected Q1 results with improving pricing power, and raised FY26 EPS guidance. Analyst Commentary Recent Street research reflects a mixed but improving stance on Kennametal, with price targets moving higher as earnings quality and growth signals strengthen, even as questions remain around durability of the recovery.

KMT: Future Momentum Will Depend On Sustained Pricing Power And Tungsten Trends

Analysts have increased their fair value estimate for Kennametal from $23.63 to $25.25 per share, citing improved revenue growth and profit margins, as well as recent positive developments in tungsten pricing and stronger-than-expected financial results. Analyst Commentary Recent analyst updates on Kennametal reflect a mix of optimism about improved fundamentals and continued caution regarding long-term growth prospects.

Kennametal Inc. (NYSE:KMT) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Nov 09
Kennametal Inc. (NYSE:KMT) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

KMT: Sustained Momentum Will Face Headwinds Despite Raised Earnings Guidance

Kennametal’s analyst price target has risen from $21.06 to $23.63. Analysts cite stronger-than-expected quarterly results and improved forward earnings guidance as factors supporting the higher valuation.

Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20

Nov 03
Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20

Is Now The Time To Look At Buying Kennametal Inc. (NYSE:KMT)?

Sep 12
Is Now The Time To Look At Buying Kennametal Inc. (NYSE:KMT)?

Earnings Miss: Kennametal Inc. Missed EPS By 8.6% And Analysts Are Revising Their Forecasts

Aug 09
Earnings Miss: Kennametal Inc. Missed EPS By 8.6% And Analysts Are Revising Their Forecasts

Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20

Aug 03
Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20

Returns At Kennametal (NYSE:KMT) Appear To Be Weighed Down

Jul 28
Returns At Kennametal (NYSE:KMT) Appear To Be Weighed Down

Kennametal Inc.'s (NYSE:KMT) Intrinsic Value Is Potentially 57% Above Its Share Price

Jul 14
Kennametal Inc.'s (NYSE:KMT) Intrinsic Value Is Potentially 57% Above Its Share Price

Is Kennametal Inc. (NYSE:KMT) Potentially Undervalued?

May 24
Is Kennametal Inc. (NYSE:KMT) Potentially Undervalued?

Kennametal Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 10
Kennametal Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Kennametal (NYSE:KMT) Will Pay A Dividend Of $0.20

May 07
Kennametal (NYSE:KMT) Will Pay A Dividend Of $0.20

An Intrinsic Calculation For Kennametal Inc. (NYSE:KMT) Suggests It's 32% Undervalued

Apr 07
An Intrinsic Calculation For Kennametal Inc. (NYSE:KMT) Suggests It's 32% Undervalued

Kennametal Inc.'s (NYSE:KMT) Share Price Not Quite Adding Up

Mar 05
Kennametal Inc.'s (NYSE:KMT) Share Price Not Quite Adding Up

Kennametal: Visible Near-Term Weakness

Feb 19

Earnings Miss: Kennametal Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts

Feb 07
Earnings Miss: Kennametal Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts

Kennametal (NYSE:KMT) Has Announced A Dividend Of $0.20

Feb 03
Kennametal (NYSE:KMT) Has Announced A Dividend Of $0.20

Kennametal Inc. (NYSE:KMT) Shares Could Be 35% Below Their Intrinsic Value Estimate

Dec 31
Kennametal Inc. (NYSE:KMT) Shares Could Be 35% Below Their Intrinsic Value Estimate

We Think Kennametal (NYSE:KMT) Can Stay On Top Of Its Debt

Dec 17
We Think Kennametal (NYSE:KMT) Can Stay On Top Of Its Debt

Investors Could Be Concerned With Kennametal's (NYSE:KMT) Returns On Capital

Dec 02
Investors Could Be Concerned With Kennametal's (NYSE:KMT) Returns On Capital

Shareholder Returns

KMTUS MachineryUS Market
7D-2.0%-0.08%0.6%
1Y98.2%55.9%28.7%

Return vs Industry: KMT exceeded the US Machinery industry which returned 53.6% over the past year.

Return vs Market: KMT exceeded the US Market which returned 27.6% over the past year.

Price Volatility

Is KMT's price volatile compared to industry and market?
KMT volatility
KMT Average Weekly Movement5.8%
Machinery Industry Average Movement6.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: KMT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: KMT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19388,112Sanjay Chowbeywww.kennametal.com

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment offers milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships, and various types of industrial equipment under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force, a network of independent and national distributors, integrated supplier channels, and digitally.

Kennametal Inc. Fundamentals Summary

How do Kennametal's earnings and revenue compare to its market cap?
KMT fundamental statistics
Market capUS$2.94b
Earnings (TTM)US$110.26m
Revenue (TTM)US$2.03b
26.8x
P/E Ratio
1.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KMT income statement (TTM)
RevenueUS$2.03b
Cost of RevenueUS$1.40b
Gross ProfitUS$633.85m
Other ExpensesUS$523.59m
EarningsUS$110.26m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 06, 2026

Earnings per share (EPS)1.45
Gross Margin31.22%
Net Profit Margin5.43%
Debt/Equity Ratio44.1%

How did KMT perform over the long term?

See historical performance and comparison

Dividends

2.1%
Current Dividend Yield
55%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 07:18
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kennametal Inc. is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Julian MitchellBarclays
Matthew GallBarrington Research Associates, Inc.
Joel TissBMO Capital Markets Equity Research