Ultime notizie per Kennametal (NYSE:KMT) Azioni

Kennametal

Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. 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 to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.

Kennametal Inc

Komatsu Ltd

4 analysts have expressed a variety of opinions on Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Kennametal, revealing an average target of $28.0, a high estimate of $32.00, and a low estimate of $26.00. A 2.17% drop is evident in the current average compared to the previous average price target of $28.62. 
<img src="https://www.benzinga.com/files/images/story/2024/1734472838_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Kennametal among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>$24.50</td>
</tr>
<tr>
<td>Stephen Volkmann</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$32.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Chris Dankert</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Hold</td>
<td>$26.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Ross Gilardi</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Underperform</td>
<td>$26.00</td>
<td>$26.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Kennametal. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kennametal compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Kennametal's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Kennametal's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/KMT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kennametal analyst ratings.</a>
<h2>Unveiling the Story Behind Kennametal</h2>
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. 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 to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
<h3>Financial Milestones: Kennametal's Journey</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Kennametal's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -2.14% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 4.59%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Kennametal's ROE stands out, surpassing industry averages. With an impressive ROE of 1.75%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.88%, the company showcases effective utilization of assets.
Debt Management: Kennametal's debt-to-equity ratio is below the industry average. With a ratio of 0.51, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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Analyst Ratings

Deep Dive Into Kennametal Stock: Analyst Perspectives (4 Ratings)

Morgan Stanley analyst Angel Castillo maintains Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) with a Equal-Weight and raises the price target from $24.5 to $28.

News

Price Target

Morgan Stanley Maintains Equal-Weight on Kennametal, Raises Price Target to $28

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Canaccord Genuity raised the price target for Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) from $476 to $500. Canaccord Genuity analyst Susan Anderson maintained a Buy rating. Ulta Beauty shares closed at $392.87 on Thursday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird boosted the price target for Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) from $275 to $283. Baird analyst Joe Vruwink maintained an Outperform rating. Veeva shares closed at $231.66 on Thursday. <a href="https://www.benzinga.com/quote/VEEV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham boosted GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) price target from $70 to $85. Needham analyst Mike Cikos maintained a Buy rating. GitLab shares settled at $66.04 on Thursday. <a href="https://www.benzinga.com/quote/GTLB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies slashed Kennametal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) price target from $40 to $32. Jefferies analyst Stephen Volkmann downgraded the stock from Buy to Hold. Kennametal shares closed at $27.88 on Thursday. <a href="https://www.benzinga.com/quote/KMT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird boosted Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) price target from $380 to $440. Baird analyst Mark Altschwager maintained an Outperform rating. Lululemon shares closed at $344.81 on Thursday.  <a href="https://www.benzinga.com/quote/LULU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler boosted Asana, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) price target from $12 to $19. Piper Sandler analyst Brent Bracelin maintained a Neutral rating on the stock. Asana shares closed at $15.46 on Thursday. See how other analysts view this stock.</li>
<li>Ascendiant Capital slashed the price target for WiSA Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WISA#NASDAQ">WISA</a>) from $14 to $11. Ascendiant Capital analyst Edward Woo maintained a Buy rating. WiSA Technologies shares settled at $1.63 on Thursday. <a href="https://www.benzinga.com/quote/WISA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird cut Fortrea Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTRE#NASDAQ">FTRE</a>) price target from $28 to $25. Baird analyst Eric Coldwell downgraded the rating from Outperform to Neutral. Fortrea Holdings shares closed at $23.57 on Thursday. <a href="https://www.benzinga.com/quote/FTRE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley cut the price target for nCino, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNO#NASDAQ">NCNO</a>) from $41 to $39. Morgan Stanley analyst James Faucette maintained an Equal-Weight rating. nCino shares closed at $37.28 on Thursday. <a href="https://www.benzinga.com/quote/NCNO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho raised Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) price target from $90 to $105. Mizuho analyst David Bellinger maintained a Neutral rating. Five Below shares closed at $115.97 on Thursday. <a href="https://www.benzinga.com/quote/FIVE/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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<li>Jefferies analyst Stephen Volkmann downgraded the rating for Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) from Buy to Hold and maintained the price target of $510. Deere shares closed at $448.12 on Thursday. See how other analysts view this stock.</li>
<li>JP Morgan analyst Arun Jayaram downgraded ProFrac Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACDC#NASDAQ">ACDC</a>) from Neutral to Underweight and announced a $7 price target. ProFrac shares closed at $8.25 on Thursday. <a href="https://www.benzinga.com/quote/ACDC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Stephen Volkmann downgraded the rating for PACCAR Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) from Buy to Hold and maintained the price target of $120. PACCAR shares closed at $117.62 on Thursday. See how other analysts view this stock.</li>
<li>Baird analyst Eric Coldwell downgraded Fortrea Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTRE#NASDAQ">FTRE</a>) from Outperform to Neutral and lowered the price target from $28 to $25. Fortrea shares closed at $23.57 on Thursday. <a href="https://www.benzinga.com/quote/FTRE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Stephen Volkmann downgraded Kennametal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) from Buy to Hold and lowered the price target from $40 to $32. Kennametal shares closed at $27.88 on Thursday. <a href="https://www.benzinga.com/quote/KMT/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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Jefferies analyst Stephen Volkmann downgrades Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) from Buy to Hold and lowers the price target from $40 to $32.

Jefferies Downgrades Kennametal to Hold, Lowers Price Target to $32

Loop Capital analyst Chris Dankert maintains Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) with a Hold and raises the price target from $24 to $26.

Loop Capital Maintains Hold on Kennametal, Raises Price Target to $26

Michelle R Keating, Vice President at Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>), reported an insider sell on November 12, according to a new SEC filing. 
What Happened: Keating's decision to sell 9,000 shares of Kennametal was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000055242/000153003824000002//Archives/edgar/data/55242/000153003824000002/0001530038-24-000002-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $267,616.
As of Tuesday morning, Kennametal shares are up by 0.67%, currently priced at $30.09.
<h3>Discovering Kennametal: A Closer Look</h3>
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. 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 to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
<h3>Understanding the Numbers: Kennametal's Finances</h3>
Decline in Revenue: Over the 3 months period, Kennametal faced challenges, resulting in a decline of approximately -2.14% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 31.33%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Kennametal's EPS reflects a decline, falling below the industry average with a current EPS of 0.28.
</li>
</ul>
Debt Management: Kennametal's debt-to-equity ratio is below the industry average at 0.51, reflecting a lower dependency on debt financing and a more conservative financial approach.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Kennametal's P/E ratio of 23.51 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.17, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 9.61, Kennametal presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Delving Into the Significance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000055242">Check Out The Full List Of Kennametal's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Kennametal Vice President Trades Company's Stock

Cindy L Davis, Director at Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>), reported an insider sell on November 12, according to a new SEC filing. 
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000055242/000153003824000003//Archives/edgar/data/55242/000153003824000003/0001530038-24-000003-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday outlined that Davis executed a sale of 13,053 shares of Kennametal with a total value of $402,463.
Monitoring the market, Kennametal's shares up by 0.67% at $30.09 during Tuesday's morning.
<h3>Discovering Kennametal: A Closer Look</h3>
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. 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 to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
<h3>Unraveling the Financial Story of Kennametal</h3>
Decline in Revenue: Over the 3 months period, Kennametal faced challenges, resulting in a decline of approximately -2.14% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 31.33%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Kennametal's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.28.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.51.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 23.51, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.17, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Kennametal's EV/EBITDA ratio at 9.61 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000055242">Check Out The Full List Of Kennametal's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cindy L Davis Implements A Sell Strategy: Offloads $402K In Kennametal Stock

On November 12, a recent SEC filing unveiled that Judith L Bacchus, Vice President at Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) made an insider sell.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000055242/000153003824000004//Archives/edgar/data/55242/000153003824000004/0001530038-24-000004-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that Bacchus sold 32,000 shares of Kennametal. The total transaction amounted to $939,904. 
As of Tuesday morning, Kennametal shares are up by 0.67%, currently priced at $30.09.
<h3>Unveiling the Story Behind Kennametal</h3>
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments; Metal Cutting and Infrastructure. It generates maximum revenue from the Metal Cutting segment. 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 to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives maximum revenue from the United States and the rest from Germany, China, Canada, India, Italy, and other countries.
<h3>Financial Milestones: Kennametal's Journey</h3>
Negative Revenue Trend: Examining Kennametal's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -2.14% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 31.33%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): Kennametal's EPS reflects a decline, falling below the industry average with a current EPS of 0.28.
</li>
</ul>
Debt Management: Kennametal's debt-to-equity ratio is below the industry average. With a ratio of 0.51, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 23.51 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 1.17 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 9.61, Kennametal could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Uncovering the Importance of Insider Activity</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000055242">Check Out The Full List Of Kennametal's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Transaction: Judith L Bacchus Sells $939K Worth Of Kennametal Shares

WIIM

Kennametal shares are trading higher following Q1 financial results.

<h3>Gainers</h3>
<ul>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) stock moved upwards by 40.7% to $1.23 during Wednesday's regular session. The company's market cap stands at $2.4 million. </li>
<li>GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) stock moved upwards by 35.36% to $20.48. The market value of their outstanding shares is at $2.8 billion. </li>
<li>FREYR Battery (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FREY#NYSE">FREY</a>) shares moved upwards by 33.28% to $1.4. The market value of their outstanding shares is at $195.5 million. As per the press release, Q3 earnings came out today. </li>
<li>CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) stock moved upwards by 30.31% to $17.76. The market value of their outstanding shares is at $1.9 billion. The company's, Q3 earnings came out today. </li>
<li>Earlyworks Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) shares increased by 20.7% to $5.13. The company's market cap stands at $15.4 million. </li>
<li>Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) shares moved upwards by 17.68% to $31.28. The market value of their outstanding shares is at $2.4 billion. As per the press release, Q1 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) stock declined by 39.9% to $7.93 during Wednesday's regular session. The company's market cap stands at $6.0 million. </li>
<li>Vast Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) shares declined by 32.09% to $3.64. The market value of their outstanding shares is at $109.1 million. </li>
<li>Mayville Engineering (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEC#NYSE">MEC</a>) shares declined by 28.07% to $15.69. The company's market cap stands at $323.5 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>TPI Composites (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPIC#NASDAQ">TPIC</a>) shares declined by 27.09% to $2.72. The company's market cap stands at $129.3 million. </li>
<li>Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) stock fell 25.76% to $12.55. The company's market cap stands at $2.8 billion. </li>
<li>Clarivate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLVT#NYSE">CLVT</a>) shares fell 25.04% to $4.94. The market value of their outstanding shares is at $3.5 billion. As per the news, the Q3 earnings report came out today. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

CLVT

ELWS

FREY

SGBX

TPIC

VSTE

ZCAR

12 Industrials Stocks Moving In Wednesday's Intraday Session

U.S. stocks were higher, with the Dow Jones index gaining around 1,300 points on Wednesday.
Shares of Mercury Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) rose sharply during Wednesday's session after the company reported better-than-expected <a href="https://www.benzinga.com/quote/MRCY/earnings">quarterly financial results.</a>
Mercury Systems reported quarterly earnings of 4 cents per share which beat the analyst consensus estimate of a loss of 8 cents per share. The company reported quarterly sales of $204.431 million which beat the analyst consensus estimate of $181.772 million.
Mercury Systems shares jumped 16.7% to $39.90 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>The GEO Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) shares jumped 36.2% to $20.60.</li>
<li>CoreCivic, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) shares gained 28.2% to $17.47.</li>
<li>Cytek Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTKB#NASDAQ">CTKB</a>) jumped 28% to $6.96 following upbeat quarterly results.</li>
<li>Treace Medical Concepts, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMCI#NASDAQ">TMCI</a>) shares gained 26.3% to $7.22 following strong quarterly results.</li>
<li>United Fire Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFCS#NASDAQ">UFCS</a>) surged 23.3% to $24.58 following upbeat quarterly earnings.</li>
<li>Revolve Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVLV#NYSE">RVLV</a>) gained 19.8% to $31.18 following third-quarter results.</li>
<li>Rayonier Advanced Materials Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RYAM#NYSE">RYAM</a>) rose 19.8% to $9.75 after posting third-quarter results.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) gained 18.3% to $229.39.</li>
<li>ArcBest Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCB#NASDAQ">ARCB</a>) rose 16.6% to $121.35 following quarterly results.</li>
<li>Kennametal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) gained 16.3% to $30.91 following better-than-expected quarterly earnings.</li>
<li>Synchrony Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) gained 16.2% to $66.03.</li>
<li>Evercore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVR#NYSE">EVR</a>) rose 15.4% to $313.80.</li>
<li>Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) surged 15.2% to $166.57.</li>
<li>Piper Sandler Companies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIPR#NASDAQ">PIPR</a>) rose 15.1% to $334.57.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) surged 14.9% to $28.68.</li>
<li>Qualys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLYS#NASDAQ">QLYS</a>) gained 13.6% to $145.65 after the company reported better-than-expected third-quarter financial results and raised its FY24 guidance.</li>
<li>Capital One Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) gained 12.8% to $187.38.</li>
<li>Steel Dynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) surged 12.8% to $153.07.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 12.6% to $282.93 following Trump win.</li>
<li>The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) gained 12.4% to $592.23.</li>
<li>CVS Health Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) surged 10.7% to $61.26 following strong quarterly revenue.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41744659/jim-cramer-says-he-cant-recommend-this-major-automaker-ceva-is-way-too-high">Jim Cramer Says He Can&#8217;t Recommend This Major Automaker, Ceva Is &#8216;Way Too Hig</a><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41744659/jim-cramer-says-he-cant-recommend-this-major-automaker-ceva-is-way-too-high">h</a>&#8216;</li>
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Intraday Update

ARCB

COIN

CTKB

HOOD

MRCY

PIPR

QLYS

RVLV

RYAM

STLD

TMCI

TSLA

UFCS

Mercury Systems Posts Strong Results, Joins ArcBest, Tesla, Kennametal, Qualys And Other Big Stocks Moving Higher On Wednesday

Guidance

Kennametal Reiterates FY25 Outlook: Sees Revenue Of $2B- $2.1B Vs $2.04B Estimate; Projects Adjusted EPS Of $1.30 - $1.70 Vs. $1.43 Estimate

Kennametal Sees Q2 Revenues Of $480M-$500M Vs. $492.97M Estimate; And Adjusted EPS Of $0.20-$0.30 Vs. $0.27 Estimate

Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.26 by 11.54 percent. The company reported quarterly sales of $481.948 million which missed the analyst consensus estimate of $484.074 million by 100.00 percent. This is a 100.00 percent decrease over sales of $492.476 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Kennametal Q1 2025 Adj. EPS $0.29 Beats $0.26 Estimate, Sales $481.948M Miss $484.074M Estimate

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3 class="wp-block-heading">Stanley Black &amp; Decker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>)</h3>
<ul>
<li>Dividend Yield: 3.10%</li>
<li>Baird analyst Timothy Wojs maintained a Neutral rating and raised the price target from $94 to $104 on Oct. 21. This analyst has an accuracy rate of 75%.</li>
<li>Goldman Sachs analyst Joe Ritchie maintained a Neutral rating and raised the price target from $94 to $107 on Oct. 10. This analyst has an accuracy rate of 75%</li>
<li>Recent News: Stanley Black &amp; Decker will broadcast its third quarter earnings webcast on Tuesday, Oct. 29.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1"> latest SWK news</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="915" height="817" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052855/image-194.png" alt="" class="wp-image-606928" style="width:712px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052855/image-194.png 915w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052855/image-194-300x268.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052855/image-194-768x686.png 768w" sizes="(max-width: 915px) 100vw, 915px" /></a></figure>
<h3 class="wp-block-heading">Kennametal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>)</h3>
<ul>
<li>Dividend Yield: 3.14%</li>
<li>Loop Capital analyst Chris Dankert maintained a Hold rating and raised the price target from $22 to $24 on Aug. 22. This analyst has an accuracy rate of 79%.</li>
<li>Barclays analyst Julian Mitchell maintained an Equal-Weight rating and increased the price target from $24 to $25 on Aug. 9. This analyst has an accuracy rate of 77%.</li>
<li>Recent News: Kennametal will host its first quarter fiscal year 2025 earnings call on Wednesday, Nov. 6.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1"> latest KMT news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="905" height="830" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052909/image-195.png" alt="" class="wp-image-606929" style="width:693px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052909/image-195.png 905w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052909/image-195-300x275.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052909/image-195-768x704.png 768w" sizes="(max-width: 905px) 100vw, 905px" /></a></figure>
<h3 class="wp-block-heading">Hillenbrand, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>)</h3>
<ul>
<li>Dividend Yield: 3.19%</li>
<li>DA Davidson analyst Matt Summerville downgraded the stock from Buy to Neutral and cut the price target from $54 to $33 on Aug. 12. This analyst has an accuracy rate of 77%.</li>
<li>Keybanc analyst Jeffrey Hammond initiated coverage on the stock with an Overweight rating and a price target of $50 on July 10. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: On Aug. 28, Hillenbrand declared fourth quarter dividend of 22.25 cents per share.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1">trend in HI stock.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent102224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="926" height="843" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052937/image-196.png" alt="" class="wp-image-606930" style="width:716px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052937/image-196.png 926w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052937/image-196-300x273.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22052937/image-196-768x699.png 768w" sizes="(max-width: 926px) 100vw, 926px" /></a></figure>
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Dividends

Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks With Over 3% Dividend Yields

B of A Securities analyst Ross Gilardi downgrades Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) from Neutral to Underperform and maintains the price target from $26 to $26.

B of A Securities Downgrades Kennametal to Underperform, Maintains Price Target to $26

Loop Capital analyst Chris Dankert maintains Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) with a Hold and raises the price target from $22 to $24.

Loop Capital Maintains Hold on Kennametal, Raises Price Target to $24

Ratings for Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $23.75, along with a high estimate of $25.00 and a low estimate of $22.00. A decline of 1.04% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2024/1723219219_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive Kennametal is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Chris Dankert</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Hold</td>
<td>$22.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Chris Dankert</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Hold</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Kennametal. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Kennametal compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Kennametal's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Kennametal's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/KMT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Kennametal analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering Kennametal: A Closer Look</h2>
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments: Metal Cutting and infrastructure. It generates maximum revenue from the Metal Cutting segment. 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 to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives a majority of revenue from the United States.
<h3>Financial Milestones: Kennametal's Journey</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Kennametal's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 5.33%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Kennametal's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.84% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.96%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Kennametal's ROA excels beyond industry benchmarks, reaching 1.48%. This signifies efficient management of assets and strong financial health.
Debt Management: Kennametal's debt-to-equity ratio is below the industry average. With a ratio of 0.48, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Navigating 4 Analyst Ratings For Kennametal

Barclays analyst Julian Mitchell maintains Kennametal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) with a Equal-Weight and raises the price target from $24 to $25.

Barclays Maintains Equal-Weight on Kennametal, Raises Price Target to $25

KeyBanc analyst Steve Barger maintained a Hold rating on Kennametal (KMT – Research Report) today. The company's shares closed yesterday at $31.23....

KeyBanc Remains a Hold on Kennametal (KMT)

Barclays raised the firm's price target on Kennametal (KMT) to $31 from $25 and keeps an Equal Weight rating on the shares following the fiscal Q1 ...

Kennametal price target raised to $31 from $25 at Barclays

Small-cap investments present an appealing opportunity for risk-tolerant investors, driven by strong economic growth, robust consumer spending, and diverse sector exposure. Therefore, it may be wise to consider solid small-cap stocks: TTM Technologies (TTMI), Kennametal (KMT), and Semrush Holdings (SEMR). Read on... The outlook for small-cap stocks is bright in the near term, bolstered by robust consumer spending, increased business investment, and a strengthening economy paired with easing inflation. Small-cap stocks provide diverse sector exposure, helping to mitigate regulatory and sector-specific risks while offering a broad array of investment opportunities.
For risk-tolerant investors, now is an opportune time to consider fundamentally strong and stable small-cap stocks like TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>), Kennametal Inc. (<a href="https://stocknews.com/stock/KMT/">KMT</a>), and Semrush Holdings, Inc. (<a href="https://stocknews.com/stock/SEMR/">SEMR</a>).
The U.S. economy grew at an annualized rate of <a href="https://www.reuters.com/markets/us/us-economy-posts-solid-growth-election-eve-2024-10-30/">2.8% in the third quarter</a>, outpacing the expected non-inflationary growth rate of 1.8%. The resilient labor market supports consumer spending, which is vital as it constitutes over two-thirds of economic activity. Notably, consumer spending increased by 3.7%, highlighting strong economic momentum.
Meanwhile, inflation is <a href="https://www.reuters.com/markets/rates-bonds/traders-stick-bets-25-bps-fed-rate-cuts-nov-dec-2024-10-31/">currently at 2.1%</a>, slightly above the Federal Reserve's target, leading to expectations for rate cuts next week and in December. These cuts could lower borrowing costs, boost consumer spending, and enhance small-cap stock valuations. With a focus on domestic revenues, small-cap stocks are well-positioned to benefit from these favorable economic conditions.
Additionally, small caps offer broader industry exposure with less concentration in the tech and communication sectors, providing growth potential across various industries. Considering these conducive trends, let's examine the fundamentals of the above-mentioned small-cap stocks.
TTM Technologies, Inc. (<a href="https://stocknews.com/stock/TTMI/">TTMI</a>)
Valued at $2.30 billion by market cap, TTMI and its subsidiaries manufacture and sell mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and printed circuit boards (PCBs) worldwide. The company operates in two segments: PCB and RF&amp;S Components.
On September 24, 2024, TTMI announced the release of its new Xinger Ultra-Wide Band Balun Transformers, XMB0220K1-50100G and XMB0465Z1-50100G, for efficient signal conversion across diverse markets including telecom, military, 5G, and aerospace. The transformers are now available for sampling, with full purchase availability expected later this fall.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a>, TTMI's 13.08% is 33.8% higher than the 9.77% industry average. Its 6.50% trailing-12-month EBIT margin is 24.8% higher than the 5.21% industry average. Likewise, the stock's 0.71x trailing-12-month asset turnover ratio is 15.6% higher than the 0.61x industry average.
TTMI's net sales for the fiscal third quarter ended September 30, 2024, increased 7.7% year-over-year to $616.54 million. Its non-GAAP gross profit was $129.89 million, up 14.7% year-over-year. Additionally, the company's non-GAAP net income and non-GAAP EPS were $42.67 million and $0.41, respectively.
For the quarter ending December 31, 2024, TTMI's revenue and EPS are expected to grow 10.8% and 15.9% year-over-year to $630.68 million and $0.48, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, TTMI's stock has gained 74.9% to close the last trading session at $22.60. Its 24-month beta is 1.81.
It's no surprise that TTMI has an overall rating of B, which translates to a Buy in our proprietary <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Momentum and a B for Growth and Sentiment. It is ranked #4 out of 42 stocks in the <a href="https://stocknews.com/category/technology-electronics/">Technology - Electronics</a> industry. To see TTMI's Value, Stability, and Quality ratings, <a href="https://stocknews.com/stock/TTMI/">click here</a>.
Kennametal Inc. (<a href="https://stocknews.com/stock/KMT/">KMT</a>)
Valued at $2.02 billion by market cap, KMT engages in the development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications, enabling customers to work against corrosion and high-temperature conditions worldwide. It operates through two segments: Metal Cutting and Infrastructure.
On October 25, 2024, KMT announced the expansion of its turning portfolio with three new products – TopSwiss Turning Inserts, Micro Boring Solid (MBS) tooling, and KCU25B Turning Inserts – designed to enhance precision, output, and quality in small parts and medical machining. These products support various industries with improved performance, durability, and versatile applications.
In terms of the trailing-12-month Capex / Sales, KMT's 5.25% is 82.5% higher than the 2.88% industry average. Its 8.65% trailing-12-month levered FCF margin is 29.6% higher than the 6.67% industry average. Also, the stock's 15.65% trailing-12-month EBITDA margin is 11.5% higher than the 14.04% industry average.
During the fiscal fourth quarter ended June 30, 2024, KMT's total revenues were $543.31 million. Its operating income was $62.58 million, up marginally from the prior-year quarter. Similarly, the company's adjusted net income and adjusted EPS were $38.78 million and $0.49, respectively.
Street expects KMT's EPS and revenue for the quarter ending March 31, 2025, to rise 26.7% and 1.6% year-over-year to $0.38 and $524.27 million, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. KMT's stock has gained 13.4% over the past year to close the last trading session at $25.88. Its 60-month beta is 1.64.
KMT's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has an A grade for Value and a B for Quality. It is ranked #14 out of 34 stocks in the B-rated <a href="https://stocknews.com/category/industrial-manufacturing/">Industrial - Manufacturing</a> industry. Beyond what we stated above, we also have given KMT grades for Growth, Momentum, Stability, and Sentiment. Get all the KMT ratings <a href="https://stocknews.com/stock/KMT/">here</a>.
Semrush Holdings, Inc. (<a href="https://stocknews.com/stock/SEMR/">SEMR</a>)
Valued at $1.92 billion by market cap, SEMR develops an online visibility management software-as-a-service platform internationally, enabling companies to identify and reach the right audience for their content through the appropriate channels.
In terms of the trailing-12-month net income margin, SEMR's 4.39% is 26% higher than the 3.49% industry average. Likewise, its 83.38% trailing-12-month gross profit margin is 66.1% higher than the 50.21% industry average. Moreover, the stock's 1.02x trailing-12-month asset turnover ratio is 66.4% higher than the 0.61x industry average.
SEMR's net sales for the fiscal second quarter ended June 30, 2024, increased 21.8% year-over-year to $90.95 million. The company's non-GAAP income from operations grew 431.5% from the prior-year value to $12.19 million. Additionally, its net income attributable to SEMR was $1.66 million, compared to a net attributable loss of $279 thousand in the year-ago quarter.
Analysts expect SEMR's EPS for the quarter ended September 30, 2024, to increase 13.5% year-over-year to 0.07. Its revenue for the same quarter is expected to grow 22.9% year-over-year to $96.73 million. It surpassed the Street revenue estimates in three of the trailing four quarters. Over the past year, SEMR's stock has gained 71.9% to close the last trading session at $13.08. Its 24-month beta is 1.81.
SEMR's POWR Ratings reflect its solid prospects. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
SEMR has a B grade for Growth and Quality. Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, it is ranked #20 out of 129 stocks. To access SEMR's additional ratings for Value, Momentum, Stability, and Sentiment, <a href="https://stocknews.com/stock/SEMR/">click here</a>.
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TTMI shares . Year-to-date, TTMI has gained 42.95%, versus a 21.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/ttmi-kmt-semr-3-small-cap-stocks-with-big-upside-for-risk-tolerant-investors/>3 Small-Cap Stocks With Big Upside for Risk-Tolerant Investors</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Small-Cap Stocks With Big Upside for Risk-Tolerant Investors

Loop Capital raised the firm's price target on Kennametal (KMT) to $26 from $24 but keeps a Hold rating on the shares. After the company's "solid" ...

Kennametal price target raised to $26 from $24 at Loop Capital

Jefferies analyst Stephen Volkmann downgraded Kennametal (KMT) to Hold from Buy with a price target of $32, down from $40, as part of a broader res...

Kennametal downgraded to Hold from Buy at Jefferies

Morgan Stanley analyst Angel Castillo raised the firm's price target on Kennametal (KMT) to $28 from $24.50 and keeps an Equal Weight rating on the...

Kennametal price target raised to $28 from $24.50 at Morgan Stanley

Machinery, construction stocks upgraded for 2025 at Morgan Stanley

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