Kennametal Inc [KMT] stock is trading at $22.55, down -0.62%. An important factor to consider is whether the stock is rising or falling in short-term value. The KMT shares have gain 4.74% over the last week, with a monthly amount drifted -7.01%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kennametal Inc [NYSE: KMT] stock has seen the most recent analyst activity on December 06, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $32 from $40. Previously, BofA Securities downgraded its rating to Underperform on October 18, 2024, and kept the price target unchanged to $26. On January 08, 2024, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $24 on the stock. UBS downgraded its rating to a Sell and decreased its price target to $19 on July 08, 2022. Loop Capital downgraded its rating to a Hold and reduced its price target to $29 on April 06, 2022. JP Morgan downgraded its rating to Underweight for this stock on March 28, 2022, and downed its price target to $31. In a note dated October 27, 2021, BofA Securities upgraded an Neutral rating on this stock but restated the target price of $45.
Kennametal Inc [KMT] stock has fluctuated between $20.50 and $32.18 over the past year. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Kennametal Inc [NYSE: KMT] shares were valued at $22.55 at the most recent close of the market. An investor can expect a potential return of 15.3% based on the average KMT price forecast.
Analyzing the KMT fundamentals
Kennametal Inc [NYSE:KMT] reported sales of 2.02B for the trailing twelve months, which represents a drop of -2.68%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.37 points at the first support level, and at 22.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.75, and for the 2nd resistance point, it is at 22.95.
Ratios To Look Out For
For context, Kennametal Inc’s Current Ratio is 2.53. On the other hand, the Quick Ratio is 1.13, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 1.43 and price to earnings (TTM) ratio is 18.54.
Transactions by insiders
Recent insider trading involved Chowbey Sanjay, President and CEO, that happened on Feb 11 ’25 when 10000.0 shares were purchased. Vice President, Cardenas Franklin completed a deal on Dec 04 ’24 to sell 20470.0 shares. Meanwhile, Officer Cardenas Franklin bought 20470.0 shares on Dec 04 ’24.
