Kennametal (KMT) Stock Overview
Engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
KMT Community Fair Values
Create NarrativeSee what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Kennametal Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.08 |
| 52 Week High | US$43.81 |
| 52 Week Low | US$17.62 |
| Beta | 1.44 |
| 1 Month Change | -7.96% |
| 3 Month Change | -9.87% |
| 1 Year Change | 65.96% |
| 3 Year Change | 42.72% |
| 5 Year Change | -5.38% |
| Change since IPO | 1,335.05% |
Recent News & Updates
Narrative Update • Apr 27
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.Seeking Alpha • Apr 21
Kennametal: The Fundamentals Still Aren't Cutting It For Me
Summary Kennametal shares have surged to the higher end of their long-term trading range, driven by strong tungsten prices and near-term profit momentum. Kennametal's recent earnings growth is primarily pricing-driven, with underlying volume growth flat to modest, raising concerns about the sustainability of improvements. Despite guidance hikes and margin gains, Kennametal's decade-long sales have been flat in real terms, reflecting a mixed long-term performance. I remain cautious on Kennametal, as cyclical risks and lack of structural growth limit comfort in chasing current momentum. Read the full article on Seeking AlphaRecent updates
Narrative Update • Apr 27
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.Seeking Alpha • Apr 21
Kennametal: The Fundamentals Still Aren't Cutting It For Me
Summary Kennametal shares have surged to the higher end of their long-term trading range, driven by strong tungsten prices and near-term profit momentum. Kennametal's recent earnings growth is primarily pricing-driven, with underlying volume growth flat to modest, raising concerns about the sustainability of improvements. Despite guidance hikes and margin gains, Kennametal's decade-long sales have been flat in real terms, reflecting a mixed long-term performance. I remain cautious on Kennametal, as cyclical risks and lack of structural growth limit comfort in chasing current momentum. Read the full article on Seeking AlphaNarrative Update • Apr 12
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.Narrative Update • Mar 28
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.Narrative Update • Mar 09
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.Narrative Update • Feb 22
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.Analysis Article • Feb 10
Kennametal Inc. (NYSE:KMT) Stocks Shoot Up 32% But Its P/E Still Looks Reasonable
Despite an already strong run, Kennametal Inc. ( NYSE:KMT ) shares have been powering on, with a gain of 32% in the...Narrative Update • Feb 08
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.
New Narrative • Jan 29
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?Narrative Update • Jan 24
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.Narrative Update • Jan 07
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.Analysis Article • Jan 07
Kennametal (NYSE:KMT) Has More To Do To Multiply In Value Going Forward
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...Narrative Update • Dec 21
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.Narrative Update • Dec 07
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.Narrative Update • Nov 23
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.Analysis Article • Nov 09
Kennametal Inc. (NYSE:KMT) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
The Kennametal Inc. ( NYSE:KMT ) share price has done very well over the last month, posting an excellent gain of 28...Narrative Update • Nov 08
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.Analysis Article • Nov 03
Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20
Kennametal Inc. ( NYSE:KMT ) will pay a dividend of $0.20 on the 24th of November. The dividend yield will be 3.6...Analysis Article • Sep 12
Is Now The Time To Look At Buying Kennametal Inc. (NYSE:KMT)?
Kennametal Inc. ( NYSE:KMT ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • Aug 09
Earnings Miss: Kennametal Inc. Missed EPS By 8.6% And Analysts Are Revising Their Forecasts
It's been a mediocre week for Kennametal Inc. ( NYSE:KMT ) shareholders, with the stock dropping 17% to US$20.25 in the...Analysis Article • Aug 03
Kennametal (NYSE:KMT) Has Affirmed Its Dividend Of $0.20
Kennametal Inc. ( NYSE:KMT ) has announced that it will pay a dividend of $0.20 per share on the 26th of August. Based...Analysis Article • Jul 28
Returns At Kennametal (NYSE:KMT) Appear To Be Weighed Down
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Analysis Article • Jul 14
Kennametal Inc.'s (NYSE:KMT) Intrinsic Value Is Potentially 57% Above Its Share Price
Key Insights Kennametal's estimated fair value is US$38.67 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • May 24
Is Kennametal Inc. (NYSE:KMT) Potentially Undervalued?
Kennametal Inc. ( NYSE:KMT ), is not the largest company out there, but it saw a double-digit share price rise of over...Analysis Article • May 10
Kennametal Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Investors in Kennametal Inc. ( NYSE:KMT ) had a good week, as its shares rose 3.4% to close at US$20.80 following the...Analysis Article • May 07
Kennametal (NYSE:KMT) Will Pay A Dividend Of $0.20
Kennametal Inc. ( NYSE:KMT ) has announced that it will pay a dividend of $0.20 per share on the 27th of May. This...Analysis Article • Apr 07
An Intrinsic Calculation For Kennametal Inc. (NYSE:KMT) Suggests It's 32% Undervalued
Key Insights Kennametal's estimated fair value is US$28.23 based on 2 Stage Free Cash Flow to Equity Kennametal's...Analysis Article • Mar 05
Kennametal Inc.'s (NYSE:KMT) Share Price Not Quite Adding Up
There wouldn't be many who think Kennametal Inc.'s ( NYSE:KMT ) price-to-earnings (or "P/E") ratio of 17.1x is worth a...Seeking Alpha • Feb 19
Kennametal: Visible Near-Term Weakness
Summary I assign a hold rating to Kennametal stock due to ongoing weakness in its Metal Cutting segment and lack of near-term recovery catalysts. KMT's 2Q25 earnings report shows continued declines in revenue and organic growth, with significant deterioration in the Metal Cutting segment. Management's downward revision of FY25 guidance underscores poor demand trends, making a near-term turnaround unlikely. Read the full article on Seeking AlphaAnalysis Article • Feb 07
Earnings Miss: Kennametal Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts
Last week, you might have seen that Kennametal Inc. ( NYSE:KMT ) released its second-quarter result to the market. The...Analysis Article • Feb 03
Kennametal (NYSE:KMT) Has Announced A Dividend Of $0.20
Kennametal Inc.'s ( NYSE:KMT ) investors are due to receive a payment of $0.20 per share on 25th of February. Based on...Analysis Article • Dec 31
Kennametal Inc. (NYSE:KMT) Shares Could Be 35% Below Their Intrinsic Value Estimate
Key Insights Kennametal's estimated fair value is US$36.26 based on 2 Stage Free Cash Flow to Equity Kennametal is...Analysis Article • Dec 17
We Think Kennametal (NYSE:KMT) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Shareholder Returns
| KMT | US Machinery | US Market | |
|---|---|---|---|
| 7D | 4.3% | 0.2% | 1.2% |
| 1Y | 66.0% | 41.3% | 28.7% |
Return vs Industry: KMT exceeded the US Machinery industry which returned 41.3% over the past year.
Return vs Market: KMT exceeded the US Market which returned 28.7% over the past year.
Price Volatility
| KMT volatility | |
|---|---|
| KMT Average Weekly Movement | 8.2% |
| Machinery Industry Average Movement | 6.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
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 (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1938 | 8,112 | Sanjay Chowbey | www.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
| KMT fundamental statistics | |
|---|---|
| Market cap | US$2.75b |
| Earnings (TTM) | US$137.00m |
| Revenue (TTM) | US$2.14b |
20.1x
P/E Ratio1.3x
P/S RatioIs KMT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KMT income statement (TTM) | |
|---|---|
| Revenue | US$2.14b |
| Cost of Revenue | US$1.45b |
| Gross Profit | US$685.36m |
| Other Expenses | US$548.36m |
| Earnings | US$137.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.80 |
| Gross Margin | 32.08% |
| Net Profit Margin | 6.41% |
| Debt/Equity Ratio | 43.9% |
How did KMT perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield44%
Payout RatioDoes KMT pay a reliable dividends?
See KMT dividend history and benchmarks| Kennametal dividend dates | |
|---|---|
| Ex Dividend Date | May 12 2026 |
| Dividend Pay Date | May 26 2026 |
| Days until Ex dividend | 14 days |
| Days until Dividend pay date | 0 days |
Does KMT pay a reliable dividends?
See KMT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/26 10:26 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Julian Mitchell | Barclays |
| Matthew Gall | Barrington Research Associates, Inc. |
| Joel Tiss | BMO Capital Markets Equity Research |