Kennametal Stock - Analyst consensus and valuation snapshot
17.06.2026 - 20:09:43 | ad-hoc-news.de
Edited by ad hoc news Analyst & Consensus Desk. Verified prior to publication on 06/17/2026, 20:09 CET. Details in the imprint.
Kennametal (US4891701009) remains firmly tracked by Wall Street analysts who assess its cyclical exposure to industrial and energy end markets. The current analyst consensus and valuation levels shape expectations for the stock on this Wednesday.
All news and data on Kennametal stock
Key figures, analyst estimates and recent corporate updates on Kennametal stock are bundled in this topic overview for quick reference.
What the consensus shows
According to a consensus collation on MarketScreener, Kennametal currently carries a mix of Hold and Sell ratings, with a minority of Buy recommendations, reflecting a cautious stance on cyclical demand. The average 12-month price target sits modestly above the recent share price.
Several brokers highlight softer demand in general engineering and transportation, offset in part by aerospace and energy-related orders. That split is visible in management's comments during the most recent quarterly earnings call for the third fiscal quarter ended 03/31/2024.
How brokers frame the story
In notes summarized by MarketScreener, large houses such as JPMorgan, BofA and UBS emphasize Kennametal's exposure to industrial production cycles and capital spending plans in North America and Europe. Some analysts also flag competitive pricing pressure in standard metal-cutting tools.
On the other hand, analysts point to Kennametal's efforts to streamline its portfolio, improve mix and focus on higher-margin wear solutions for mining and energy customers. Margin resilience in recent quarters despite volume headwinds is seen as a supportive factor.
How the numbers stack up
For fiscal 2024, consensus compiled by MarketScreener points to revenue of around $2.0 billion and adjusted earnings per share in the low-to-mid $1 range. That implies only modest growth versus the $2.06 billion of sales reported in fiscal 2023.
On valuation, Kennametal trades at a mid-teens forward price-earnings multiple, roughly in line with or slightly below diversified US industrial tools peers, based on recent prices and consensus EPS. The dividend yield is in the low single digits, with steady annual payouts.
Analyst focus on execution risks
Analyst commentary continues to stress execution risks around inventory management, pricing discipline and cost control if industrial demand softens further. The company has been running restructuring and simplification programs for several years to lift profitability.
Brokers also watch Kennametal's capital allocation, including its balance between dividends, share repurchases and investment in new capacity and digital tooling solutions. Net debt is manageable relative to EBITDA, giving some flexibility according to recent filings.
The product behind the stock
Kennametal generates most of its revenue from metal-cutting tools and engineered wear solutions, including indexable inserts, drills and milling cutters for machining metals. These products serve automotive, aerospace, energy, mining and general engineering customers worldwide.
Where the stock trades today
Kennametal stock (US4891701009) trades on the New York Stock Exchange at around $28 per share in recent sessions, with prices quoted in US dollars during regular US trading hours.
Key facts on Kennametal stock
- Company: Kennametal Inc.
- ISIN: US4891701009
- WKN: 851856
- Ticker: KMT
- Venue: NYSE
- Price (as of 06/17/2024, 16:00 ET): 28.00 USD
- Market cap (as of 06/17/2024): roughly 2.2 billion USD
- Sector / Industry: Industrials / Industrial Machinery & Tools
- Index membership: member of several US industrial and mid-cap indices
- Next earnings date: next quarterly results expected around late July 2024, not yet officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
