Kennametal Inc. (KMT) Stock Forecast & Predictions

Kennametal Inc. KMT: $35.14

525 William Penn Place, Pittsburgh, Pennsylvania, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.kennametal.com

  • Market Cap$3.04B
  • Change (52 Weeks)-6.58%
  • Low (52 Weeks)$32.15
  • Kennametal Inc. (KMT) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Kennametal Inc. (KMT) is based on 17 Institutional Analyst Ratings where 23.53% are on Strong Buy, 11.76% on Moderate Buy, 58.82% remains on Hold, 0.00% are on Moderate Sell and 5.88% are on Strong Sell.

    Out of 17 Institutional Analysts, majority recommended KMT stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Kennametal Inc..

    Kennametal Inc. (KMT) Stock Price Prediction By Analysts


    HighLowAverage
    $52.50$37.37$43.04
    $43.0422.49% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for KMT set by the institutional analysts is $43.04 where High Estimate is $52.50, Median $41.31 and Low $37.37.

    The average price target for KMT by Institutional Analysts is $43.04, which is 22.49% Upside from the current price. So according to the Institutional Analysts, KMT Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Kennametal Inc. (KMT) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    B of A SecuritiesNeutralUpgraded
    BarclaysEqual-WeightMaintained
    Loop CapitalBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancSector WeightDowngraded
    Morgan StanleyEqual-WeightMaintained
    B of A SecuritiesUnderperformMaintained
    BarclaysEqual-WeightDowngraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightInitiated
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    UBSBuyMaintained
    B of A SecuritiesUnderperformReiterated
    Wells FargoOverweightUpgraded
    UBSBuyUpgraded
    Longbow ResearchNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    Wells FargoMarket PerformMaintained
    UBSSellMaintained
    BMO CapitalMarket PerformMaintained
    Bank of AmericaUnderperformReiterated
    Goldman SachsSellDowngraded
    KeyBancOverweightMaintained
    BarclaysOverweightUpgraded
    BarclaysEqual-WeightMaintained
    Goldman SachsBuyInitiated
    Longbow ResearchBuyUpgraded
    BMO CapitalMarket PerformMaintained
    Bank of AmericaUnderperformDowngraded
    Wells FargoMarket PerformDowngraded
    Stifel NicolausHoldMaintained
    JP MorganNeutralMaintained
    BarclaysEqual-WeightInitiated
    Stifel NicolausHoldMaintained
    Bank of AmericaNeutralMaintained
    BMO CapitalMarket PerformMaintained
    JefferiesBuyMaintained
    Credit SuisseNeutralMaintained
    JP MorganOverweightUpgraded
    Wells FargoOutperformUpgraded
    JP MorganNeutralUpgraded
    Bank of AmericaNeutralUpgraded
    KeyBancOverweightUpgraded
    JP MorganUnderweightDowngraded
    Goldman SachsBuyUpgraded
    JefferiesBuyMaintained
    Seaport GlobalNeutralDowngraded
    Stifel NicolausHoldDowngraded
    Longbow ResearchNeutralDowngraded
    Longbow ResearchNeutralUpgraded
    Bank of AmericaNeutralUpgraded
    JefferiesBuyMaintained
    Longbow ResearchUnderperformDowngraded
    Credit SuisseNeutralMaintained
    Stifel NicolausBuyMaintained
    Bank of AmericaUnderperformDowngraded
    UBSSellDowngraded
    Bank of AmericaNeutralDowngraded
    Bank of AmericaUnderperformDowngraded
    Credit SuisseNeutralMaintained
    Bank of AmericaNeutralUpgraded
    UBSNeutralMaintained
    Goldman SachsNeutralUpgraded
    Credit SuisseNeutralMaintained
    JefferiesBuyUpgraded
    JefferiesHoldMaintained
    KeyBancHoldDowngraded
    Goldman SachsSellDowngraded
    Bank of AmericaUnderperformMaintained
    Barrington ResearchOutperformMaintained
    Wells FargoMarket PerformDowngraded
    JefferiesHoldMaintained
    UBSNeutralMaintained
    JefferiesHoldMaintained
    Wells FargoOutperformUpgraded
    UBSNeutralMaintained
    Bank of AmericaUnderperformDowngraded
    BB&T CapitalHoldDowngraded
    SunTrust Robinson HumphreyBuyUpgraded
    Longbow ResearchNeutralDowngraded
    JP MorganNeutralMaintained
    Barrington ResearchOutperformMaintained
    Credit SuisseNeutralDowngraded
    SunTrust Robinson HumphreyNeutralInitiated
    Stifel NicolausBuyMaintained
    Bank of AmericaNeutralDowngraded
    Global Hunter SecuritiesBuyUpgraded
    Longbow ResearchBuyMaintained
    JP MorganNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    BB&T CapitalBuyUpgraded
    Goldman SachsNeutralInitiated
    Barrington ResearchOutperformUpgraded
    Longbow ResearchBuyUpgraded
    JP MorganOverweightMaintained
    Bank of AmericaBuyMaintained
    Longbow ResearchNeutralDowngraded
    William BlairOutperformUpgraded
    Stifel NicolausBuyMaintained
    JefferiesHoldMaintained
    JP MorganOverweightUpgraded
    Barrington ResearchOutperformUpgraded
    UBSNeutralMaintained
    BMO CapitalMarket PerformMaintained
    JP MorganNeutralMaintained
    JP MorganNeutralMaintained
    BMO CapitalMarket PerformInitiated
    JefferiesHoldDowngraded
    JP MorganNeutralMaintained
    JefferiesBuyMaintained
    Stifel NicolausBuyInitiated
    Barrington ResearchOutperformMaintained

    Kennametal Inc. (KMT) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.499
    The average consensus EPS for KMT is $0.499 with a high estimate of $0.567 and Low of $0.431 for the period 2022-03-31 and based on 12 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.44$0.38182022-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.39112022-06-30
    $0.44$0.38182022-03-31
    $0.53$0.4032021-12-31
    $0.32$0.20352021-09-30
    $0.16$0.09052021-06-30
    $0.03$0.03582021-03-31
    $0.15$0.11962020-12-31
    $0.46$0.30552020-09-30
    $0.17$0.20012020-06-30
    $0.17$0.25712020-03-31
    $0.84$0.8592019-12-31
    $0.77$0.8032019-09-30
    $0.71$0.6912019-06-30
    $0.7$0.6592019-03-31
    $0.87$0.80622018-12-31
    $0.7$0.72882018-09-30
    $0.52$0.55752018-06-30
    $0.55$0.37932018-03-31
    $0.56$0.64142017-12-31
    $0.6$0.43432017-09-30
    $0.24$0.21632017-06-30
    $0.11$0.1462017-03-31
    $0.44$0.43122016-12-31
    $0.37$0.23522016-09-30
    $0.14$0.11962016-06-30
    $0.14$0.22142016-03-31
    $0.46$0.44882015-12-31
    $0.46$0.43992015-09-30
    $0.52$0.55852015-06-30
    $0.56$0.55452015-03-31
    $0.75$0.90152014-12-31
    $0.74$0.72252014-09-30
    $0.52$0.60922014-06-30
    $0.53$0.5582014-03-31
    $0.76$0.74672013-12-31
    $0.65$0.71172013-09-30
    $0.52$0.64572013-06-30
    $0.57$0.88212013-03-31
    $1.08$1.03812012-12-31
    $0.98$0.94152012-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).