Analyst Ratings for Kennametal Inc. (KMT)

Updated: 2017-07-27

Analysts covering Kennametal Inc. (NYSE:KMT) have given it a consensus rating of Overweight. About 30 days ago, KMT was issued an average rating of Overweight.

13 analysts issued ratings on the stock, where 4 gave KMT a buy rating, 1 issued an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for KMT. The maximum price target given was 50, implying potential capital gains of 31.06 percent. The minimum price target given was 28, which equates to a potential downside of -26.61 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.79 percent. That number becomes 1.6 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.62 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

KMT has a 52-week high of 43.09 and a 52-week low of 24.41. Today's price is 56.29 percent above the 52-week low, and 11.46 percent below the high. KMT has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The KMT value stock report compares KMT to some of its peers using value stock charts. The stock has a market capitalization of $3.04 billion. KMT will post this quarters earnings in days, on 0000-00-00.