Kennametal Stock News

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Kennametal Inc. found using ticker (KMT) now have 8 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 50 and 33 with a mean TP of 38.63. Now with the previous closing price of 29.74 this now indicates there is a potential upside of 29.9%. There is a 50 day moving average of 34.26 and the 200 day MA is 35.98. The company has a market cap of $2,487m. Company Website: https://www.kennametal.com [stock_market_widget type="chart" template="basic" color="green" assets=KMT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,230m based on the market concensus. Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through two segments, Metal Cutting and Infrastructure.

Kennametal (KMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?

Stanley Black & Decker, Inc., Lincoln Electric Holdings, Inc. and Kennametal Inc. are highlighted in this Industry Outlook article.

Supply-chain and inflation woes have been concerning for players in the Zacks Manufacturing-Tools & Related Products industry. Backed by end-market strength, SWK and LECO are worth a watch now.

Supply-chain and inflation woes have been concerning for players in the Zacks Manufacturing-Tools & Related Products industry. Backed by end-market strength, SWK and LECO are worth a watch now.

Kennametal Inc. with ticker code (KMT) have now 9 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 50 and 33 calculating the mean target price we have 40.22. With the stocks previous close at 33 this indicates there is a potential upside of 21.9%. The 50 day moving average now sits at 35.65 and the 200 day MA is 36.81. The market cap for the company is $2,812m. Company Website: https://www.kennametal.com [stock_market_widget type="chart" symbol="KMT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $3,427m based on the market concensus. Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through two segments, Metal Cutting and Infrastructure.

CTRN, KMT, and LEG have been added to the Zacks Rank #5 (Strong Sell) List on February 10, 2022

Kennametal's (KMT) Q2 earnings reflect the impacts of strengthening end markets (excluding transportation), improved margins and high taxes. It expects sequential growth in sales for Q3.