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.

Many analysts weighed in on price targets for KMT. The highest price target was 50, implying potential capital gains of 31.06 percent. The lowest price target was 28, implying potential capital losses of -26.61 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.79 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.6 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.62 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

In the last 52-weeks, KMT has achieved a high of 43.09 and a low of 24.41. Today's price is 56.29 percent above the 52-week low, and 11.46 percent lower than its 52-week high. KMT has a price/earnings 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.