A new trading day began on Tuesday, with Kennametal Inc (NYSE: KMT) stock price up 1.09% from the previous day of trading, before settling in for the closing price of $21.92. KMT’s price has ranged from $17.30 to $32.18 over the past 52 weeks.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -2.38%. Meanwhile, its annual earnings per share averaged -11.50%. With a float of $75.28 million, this company’s outstanding shares have now reached $76.23 million.
Considering the fact that the conglomerate employs 8447 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 31.14%, operating margin of 8.77%, and the pretax margin is 7.87%.
Kennametal Inc (KMT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Tools & Accessories Industry. The insider ownership of Kennametal Inc is 1.25%, while institutional ownership is 106.80%. The most recent insider transaction that took place on Feb 11 ’25, was worth 217,530. In this transaction President and CEO of this company bought 10,000 shares at a rate of $21.75, taking the stock ownership to the 77,595 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Vice President sold 20,470 for $28.24, making the entire transaction worth $578,052. This insider now owns 39,581 shares in total.
Kennametal Inc (KMT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -11.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.94% during the next five years compared to -13.99% drop over the previous five years of trading.
Kennametal Inc (NYSE: KMT) Trading Performance Indicators
Here are Kennametal Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85. Likewise, its price to free cash flow for the trailing twelve months is 11.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.38, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.34 in one year’s time.
Technical Analysis of Kennametal Inc (KMT)
Compared to the last year’s volume of 1.04 million, its volume of 1.16 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.77%. Additionally, its Average True Range was 0.77.
During the past 100 days, Kennametal Inc’s (KMT) raw stochastic average was set at 50.36%, which indicates a significant decrease from 95.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.75% in the past 14 days, which was lower than the 36.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.46, while its 200-day Moving Average is $24.08. Nevertheless, the first resistance level for the watch stands at $22.40 in the near term. At $22.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.96. If the price goes on to break the first support level at $21.84, it is likely to go to the next support level at $21.52. Now, if the price goes above the second support level, the third support stands at $21.28.
Kennametal Inc (NYSE: KMT) Key Stats
With a market capitalization of 1.69 billion, the company has a total of 76,234K Shares Outstanding. Currently, annual sales are 2,047 M while annual income is 109,320 K. The company’s previous quarter sales were 486,400 K while its latest quarter income was 31,480 K.
