Kennametal (NYSE:KMT) Releases FY 2025 Earnings Guidance

Kennametal (NYSE:KMT) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.300-1.700 for the period, compared to the consensus estimate of 1.430. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.0 billion. Kennametal also updated its Q2 guidance to $0.20-$0.30 EPS.

Kennametal Stock Performance

Shares of KMT traded up $0.42 during mid-day trading on Friday, hitting $29.77. 330,982 shares of the company’s stock were exchanged, compared to its average volume of 709,021. Kennametal has a fifty-two week low of $22.43 and a fifty-two week high of $32.18. The firm has a market capitalization of $2.32 billion, a P/E ratio of 21.42, a P/E/G ratio of 2.88 and a beta of 1.64. The business’s 50 day moving average is $25.61 and its two-hundred day moving average is $24.99. The company has a current ratio of 2.41, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46.

Kennametal (NYSE:KMT) last announced its earnings results on Wednesday, November 6th. The industrial products company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.04. Kennametal had a net margin of 5.34% and a return on equity of 9.17%. The business had revenue of $481.90 million during the quarter, compared to the consensus estimate of $485.26 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. On average, equities analysts expect that Kennametal will post 1.43 earnings per share for the current year.

Kennametal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.80 dividend on an annualized basis and a yield of 2.69%. Kennametal’s payout ratio is currently 58.39%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on KMT shares. StockNews.com downgraded shares of Kennametal from a “buy” rating to a “hold” rating in a research report on Thursday. Barclays lifted their price target on shares of Kennametal from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, August 9th. Bank of America downgraded shares of Kennametal from a “neutral” rating to an “underperform” rating and set a $26.00 price target for the company. in a research report on Friday, October 18th. Finally, Loop Capital lifted their price target on shares of Kennametal from $22.00 to $24.00 and gave the company a “hold” rating in a research report on Thursday, August 22nd. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.60.

Kennametal Company Profile

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.