Kennametal (NYSE:KMT) Updates 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.

Analysts Set New Price Targets

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

Kennametal Price Performance

Shares of NYSE:KMT opened at $29.48 on Friday. Kennametal has a one year low of $22.43 and a one year high of $32.18. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.52 and a quick ratio of 1.17. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 23.03, a PEG ratio of 3.48 and a beta of 1.64. The firm has a 50 day simple moving average of $25.68 and a 200 day simple moving average of $25.03.

Kennametal (NYSE:KMT) last announced its quarterly earnings results on Wednesday, November 6th. The industrial products company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. Kennametal had a return on equity of 8.35% and a net margin of 4.98%. The company had revenue of $481.90 million during the quarter, compared to analysts’ expectations of $485.26 million. During the same period in the prior year, the company earned $0.41 EPS. Kennametal’s revenue was down 2.2% compared to the same quarter last year. Research analysts predict that Kennametal will post 1.43 earnings per share for the current fiscal year.

Kennametal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 12th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date of this dividend is Tuesday, November 12th. Kennametal’s payout ratio is 62.50%.

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.