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 most pessimistic price target was 28, implying a possible loss of -26.61 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.79 percent. The average change in earnings estimates over the last 90 days 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. 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. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

In the last 52-weeks, KMT has achieved a high of 43.09 and a low of 24.41. 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 market cap of KMT is $3.04 billion. KMT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.