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 most optimistic price target was 50, implying potential capital gains of 31.06 percent. The most pessimistic price target was 28, implying potential capital losses of -26.61 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.79 percent. The average change in earnings estimates over the last 90 days is 1.6 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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, while 0 analysts revised their estimates downwards. 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.

KMT has traded between a high of 43.09 and a low of 24.41 over the past year. The current market price is above the trailing year's low by 56.29 percent, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.