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.

KMT was given price targets by several analysts. The highest price target was 50, implying a possible profit of 31.06 percent. The minimum price target given was 28, implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.79 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.6 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.62 percent.

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, compared to 0 analysts that revised their FY estimates downwards.

In the last 52-weeks, KMT has achieved a high of 43.09 and a low of 24.41. Currently the stock is 56.29 percent higher than its low, and below the high by 11.46 percent. 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's next earnings release will be on 0000-00-00, which is days away.