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How to buy Kennametal (KMT) stocks
Learn how to easily invest in Kennametal stocks.
Kennametal (KMT) is a leading tools & accessories business based in the US. It opened the day at $36.14 after a previous close of $35.5. During the day the price has varied from a low of $35.945 to a high of $36.82. The latest price was $36.38 (25 minute delay). Kennametal is listed on the NYSE and employs 8,600 staff. All prices are listed in US Dollars.
How to buy Kennametal stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – KMT. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Kennametal?
- Has coronavirus impacted Kennametal shares?
- Kennametal shares summary
- Compare share dealing platforms
- Is Kennametal stock a buy or sell?
- Kennametal performance over time
- Are Kennametal shares over-valued?
- Kennametal's financials
- How volatile are Kennametal shares?
- Does Kennametal pay a dividend?
- Have Kennametal shares ever split?
- Other common questions
Kennametal stock price (NYSE:KMT)Use our graph to track the performance of KMT stocks over time.
Kennametal shares at a glance
|52-week range||$19.75 - $30.16|
|50-day moving average||$26.16|
|200-day moving average||$25.74|
|Wall St. target price||$27.44|
|Dividend yield||$0.8 (3.14%)|
|Earnings per share (TTM)||$1.51|
Buy Kennametal stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Kennametal stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Kennametal price performance over time
Historical closes compared with the close of $36.38 from 2023-06-01
|1 week (2023-05-26)||42.67%|
|1 month (2023-05-02)||33.07%|
|3 months (2023-02-26)||N/A|
|6 months (2022-11-30)||37.70%|
|1 year (2022-06-02)||27.78%|
|2 years (2021-05-29)||N/A|
|3 years (2020-06-02)||27.51%|
|5 years (2018-06-01)||37.29|
Is Kennametal stock undervalued or overvalued?
Valuing Kennametal stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Kennametal's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Kennametal's P/E ratio
Kennametal's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Kennametal shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Kennametal's PEG ratio
Kennametal's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.56. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Kennametal's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Kennametal's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $339.6 million.
The EBITDA is a measure of a Kennametal's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$2.1 billion|
|Operating margin TTM||9.94%|
|Gross profit TTM||$653.5 million|
|Return on assets TTM||4.86%|
|Return on equity TTM||9.59%|
|Market capitalisation||$2 billion|
TTM: trailing 12 months
Kennametal share dividends
Dividend payout ratio: 52.29% of net profits
Recently Kennametal has paid out, on average, around 52.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Kennametal shareholders could enjoy a 3.14% return on their shares, in the form of dividend payments. In Kennametal's case, that would currently equate to about $0.8 per share.
Kennametal's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Kennametal's most recent dividend payout was on 23 May 2023. The latest dividend was paid out to all shareholders who bought their shares by 8 May 2023 (the "ex-dividend date").
Have Kennametal's shares ever split?
Kennametal's shares were split on a 2:1 basis on 19 December 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Kennametal shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Kennametal shares which in turn could have impacted Kennametal's share price.
Kennametal share price volatility
Over the last 12 months, Kennametal's shares have ranged in value from as little as $19.7545 up to $30.1589. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Kennametal's is 1.88. This would suggest that Kennametal's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Kennametal Inc. engages in development and application of 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. The company operates through two segments, Metal Cutting and Infrastructure. It offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. The company also provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to aerospace, general engineering, energy, and transportation customers. In addition, it produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. It provides its products 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 through the Internet.
Stocks similar to Kennametal
Kennametal in the news
Lockheed Martin to Feature Kennametal Tools in Machining Guide
Kennametal (KMT) Down 7.5% Since Last Earnings Report: Can It Rebound?
Kennametal to Attend the UBS Global Industrials and Transportation Conference 2023
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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