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KMT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
37.380
Open
36.980
VWAP
36.56
Vol
1.71M
Mkt Cap
2.77B
Low
35.985
Amount
62.62M
EV/EBITDA(TTM)
9.27
Total Shares
76.21M
EV
3.32B
EV/OCF(TTM)
22.38
P/S(TTM)
1.31
Kennametal Inc. is an industrial technology company. The Company helps customers in the aerospace and defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high-performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders. Its wear-resistant products include compacts, nozzles, frac seats and others.
Show More

Events Timeline

(ET)
2026-05-06
07:00:00
Company Q3 Revenue Exceeds Expectations at $592.59M
select
2026-05-06
07:00:00
Chowbey Raises FY26 Revenue Outlook to $2.33B
select

News

NASDAQ.COM
9.5
06-17NASDAQ.COM
Costco and Other Stocks Show Earnings Acceleration Potential
  • Earnings Acceleration Trend: Costco's expected earnings growth rate of 13.3% indicates its robust performance in the membership warehouse market, likely attracting more investor attention and driving stock price increases.
  • Strong Growth Potential: Cummins boasts an expected earnings growth rate of 23.2%, and its diversified presence in the global power solutions market enhances its competitive edge, potentially increasing shareholder returns.
  • Industry-Leading Performance: Kennametal's expected earnings growth rate of 123.1% highlights its leadership in advanced materials and industrial solutions, which may draw significant investor interest.
  • Increased Market Attention: As the trend of earnings acceleration becomes evident, investor focus on these three companies (Costco, Cummins, and Kennametal) is expected to rise significantly, potentially leading to positive stock price reactions and boosting market investment enthusiasm.
seekingalpha
6.5
06-01seekingalpha
Passenger Airline Industry Shows Lowest Valuation Among U.S. Industrial Stocks
  • Industry Valuation Analysis: Seeking Alpha's valuation grade indicates that the passenger airline sector is the cheapest among U.S. industrial stocks with market caps between $2B and $10B, highlighting the undervaluation of this industry in the current economic climate.
  • Valuation Metrics Combination: The assessment utilizes a combination of valuation metrics, including P/E, PEG, and EV/Sales ratios, leveraging both current and forward estimates to provide investors with a comprehensive market insight.
  • Leading Companies Performance: Among the cheapest stocks, American Airlines Group (AAL) and Allegiant Travel (ALGT) received A+ ratings, indicating their relative value advantages in the industry, which may attract investor interest.
  • Market Dynamics Impact: As the U.S. travel industry faces challenges, such as plans to withdraw CBP agents from major airports, airlines may need to adjust strategies to navigate potential market volatility and competitive pressures.
Fool
6.5
05-31Fool
Brandes Investment Partners Reduces Stake in Kennametal
  • Stake Reduction Details: Brandes Investment Partners sold 4,965,772 shares of Kennametal in Q1 2026, with an estimated transaction value of $180.99 million, indicating a strategic portfolio adjustment rather than a negative outlook on the company.
  • Value Change in Holdings: Following the sale, Brandes's position in Kennametal decreased to 5,265,280 shares, with a quarter-end value of $190.23 million, reflecting a $100.43 million decline over the quarter due to both share sales and price fluctuations.
  • Company Performance Highlights: Kennametal's stock surged 50% over the past year, with Q3 revenue rising 22% year-over-year to $593 million and adjusted EPS increasing 65% to $0.77, showcasing strong performance amid rising manufacturing demand and tungsten prices.
  • Strategic Adjustments and Financing: In response to soaring tungsten prices, Kennametal secured $700 million in liquidity through a new term loan and expanded credit facility, extending debt maturities to 2036, demonstrating its adaptability to market changes.
NASDAQ.COM
6.5
05-31NASDAQ.COM
Brandes Investment Partners Reduces Kennametal Stake
  • Share Reduction Details: Brandes Investment Partners sold 4,965,772 shares of Kennametal in Q1, with an estimated transaction value of $180.99 million, indicating a portfolio rebalancing rather than a bearish outlook on the company's fundamentals.
  • Position Value Decline: Post-sale, Brandes holds 5,265,280 shares valued at $190.23 million, reflecting a decrease of $100.43 million over the quarter, which highlights the impact of trading activity and price fluctuations on the investment portfolio.
  • Company Performance: Kennametal's stock has surged approximately 50% over the past year, with Q3 revenue rising 22% year-over-year to $593 million and adjusted EPS increasing 65% to $0.77, showcasing strong performance driven by robust manufacturing demand and a favorable tungsten market.
  • Liquidity Management Actions: In response to increased working capital needs due to soaring tungsten prices, Kennametal secured $700 million in liquidity through a new term loan and expanded credit facility, extending debt maturities to 2036, which underscores the company's strategic focus on long-term value creation.
PRnewswire
8.5
05-29PRnewswire
Kennametal Inc. Financing Transactions Enhance Liquidity and Flexibility
  • Financing Overview: Kennametal Inc. announced a series of financing transactions aimed at enhancing liquidity and extending debt maturities, thereby supporting near-term tungsten-related working capital needs and positioning the company to capture growth opportunities amid market recovery.
  • Increased Financial Flexibility: These transactions not only maintain the company's existing investment-grade credit ratings but also enhance liquidity, ensuring the ability to respond to future market developments and showcasing a unique competitive advantage in the tungsten market.
  • Market Opportunity Capture: President and CEO Sanjay Chowbey indicated that with market recovery and progress on strategic initiatives, the company anticipates share gain and volume growth, further solidifying its market position.
  • Long-term Strategic Planning: This financing not only addresses short-term funding needs but also lays the groundwork for future growth, demonstrating the company's commitment to maintaining financial discipline while proactively addressing market challenges.
Newsfilter
8.5
05-29Newsfilter
Kennametal Inc. Financing Transactions Enhance Liquidity and Flexibility
  • Financing Overview: Kennametal Inc. has announced a series of financing transactions, including raising an additional $700 million in liquidity and a new 3-year $500 million term loan, aimed at enhancing liquidity and extending debt maturities to capture near-term growth opportunities in the tungsten market.
  • Debt Restructuring: The company successfully refinanced $300 million in bonds, extending their maturity to 2036, which helps maintain its investment-grade credit rating and provides flexibility to respond to future market developments.
  • Credit Facility Expansion: Concurrently with the new loan, Kennametal increased its revolving credit facility to $850 million, utilizing the accordion feature of the existing facility, ensuring enhanced financial flexibility without altering existing terms.
  • Market Outlook: The CEO indicated that with market recovery and progress on strategic initiatives, the company expects to gain market share and increase volume, with these financing transactions supporting near-term working capital needs related to tungsten.
Wall Street analysts forecast KMT stock price to rise
6 Analyst Rating
Wall Street analysts forecast KMT stock price to rise
1 Buy
3 Hold
2 Sell
Hold
Current: 0.000
sliders
Low
25.00
Averages
29.83
High
40.00
Current: 0.000
sliders
Low
25.00
Averages
29.83
High
40.00
DA Davidson
Chris Dankert
Neutral
initiated
$34
AI Analysis
2026-06-15
New
Reason
DA Davidson
Chris Dankert
Price Target
$34
AI Analysis
2026-06-15
New
initiated
Neutral
Reason
DA Davidson analyst Chris Dankert initiated coverage of Kennametal with a Neutral rating and $34 price target. Macro indicates suggest short-cycle industrial demand is improving following an "extended soft patch," the analyst tells investors in a research note. DA says Kennametal's tailwind from higher tungsten prices is non-durable and will roll off as prices stabilize.
Barclays
Equal Weight -> Underweight
downgrade
$40 -> $33
2026-05-27
Reason
Barclays
Price Target
$40 -> $33
2026-05-27
downgrade
Equal Weight -> Underweight
Reason
Barclays downgraded Kennametal to Underweight from Equal Weight with a price target of $33, down from $40. The firm says the "shock and awe" of the tungsten price tailwinds to the company's earnings now behind it. Investors will now focus on Kennametal's non-tungsten related earnings, the analyst tells investors in a research note. Barclays believes the stock's valuation when excluding tungsten "looks very elevated" at current levels relative to Kennametal's history.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for KMT
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Valuation Metrics

The current forward P/E ratio for Kennametal Inc (KMT.N) is 22.12, compared to its 5-year average forward P/E of 17.54. For a more detailed relative valuation and DCF analysis to assess Kennametal Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
17.54
Current PE
22.12
Overvalued PE
20.11
Undervalued PE
14.97

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
8.13
Current EV/EBITDA
6.58
Overvalued EV/EBITDA
9.07
Undervalued EV/EBITDA
7.19

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.05
Current PS
1.02
Overvalued PS
1.25
Undervalued PS
0.85

Financials

AI Analysis
Annual
Quarterly

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Whales Holding KMT

A
Apollo Global Management, Inc.
Holding
KMT
+24.02%
3M Return
A
Ariel Investments, LLC
Holding
KMT
+8.40%
3M Return
B
Brandes Investment Partners, LP
Holding
KMT
+0.41%
3M Return

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Frequently Asked Questions

What is Kennametal Inc (KMT) stock price today?

The current price of KMT is 36.32 USD — it has decreased -0.11

What is Kennametal Inc (KMT)'s business?

Kennametal Inc. is an industrial technology company. The Company helps customers in the aerospace and defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high-performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders. Its wear-resistant products include compacts, nozzles, frac seats and others.

What is the price predicton of KMT Stock?

Wall Street analysts forecast KMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KMT is29.83 USD with a low forecast of 25.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Kennametal Inc (KMT)'s revenue for the last quarter?

Kennametal Inc revenue for the last quarter amounts to 592.59M USD, increased 21.83

What is Kennametal Inc (KMT)'s earnings per share (EPS) for the last quarter?

Kennametal Inc. EPS for the last quarter amounts to 0.75 USD, increased 82.93

How many employees does Kennametal Inc (KMT). have?

Kennametal Inc (KMT) has 8100 emplpoyees as of June 20 2026.

What is Kennametal Inc (KMT) market cap?

Today KMT has the market capitalization of 2.77B USD.