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.

Kennametal Trading Up 1.4 %

Shares of NYSE KMT traded up $0.42 on Friday, reaching $29.77. 272,063 shares of the company traded hands, compared to its average volume of 708,750. The stock has a market capitalization of $2.32 billion, a PE ratio of 21.42, a P/E/G ratio of 2.88 and a beta of 1.64. Kennametal has a fifty-two week low of $22.43 and a fifty-two week high of $32.18. The company has a current ratio of 2.41, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46. The company has a 50 day moving average of $25.61 and a 200 day moving average of $24.99.

Kennametal (NYSE:KMT) last issued its quarterly earnings results on Wednesday, November 6th. The industrial products company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.25 by $0.04. The firm had revenue of $481.90 million during the quarter, compared to analyst estimates of $485.26 million. Kennametal had a net margin of 5.34% and a return on equity of 9.17%. Kennametal’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 earnings per share. On average, equities research analysts forecast 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. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend is Tuesday, November 12th. Kennametal’s dividend payout ratio (DPR) is presently 58.39%.

Wall Street Analyst Weigh In

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