Kennametal (KMT) Expected to Post Earnings on Wednesday

Kennametal (NYSE:KMT) is expected to be announcing its Q1 2027 results before the market opens on Wednesday, November 4th. Analysts expect Kennametal to announce earnings of $2.65 per share and revenue of $770.36 million for the quarter. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. Parties can find conference call details on the company’s upcoming Q1 2027 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 9:30 AM ET.

Kennametal (NYSE:KMT) last announced its quarterly earnings results on Wednesday, August 5th. The industrial products company reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.65. The company had revenue of $736.61 million during the quarter, compared to the consensus estimate of $725.74 million. Kennametal had a net margin of 14.53% and a return on equity of 24.83%. The company’s revenue for the quarter was up 42.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 earnings per share. On average, analysts expect Kennametal to post $4.92 EPS for the current fiscal year and $2.25 EPS for the next fiscal year.

Kennametal Stock Up 5.6%

Kennametal stock opened at $30.74 on Tuesday. The company has a 50-day simple moving average of $30.41 and a 200-day simple moving average of $34.58. The firm has a market capitalization of $2.35 billion, a P/E ratio of 6.99, a P/E/G ratio of 0.29 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.98 and a current ratio of 2.62. Kennametal has a one year low of $21.70 and a one year high of $43.81.

Kennametal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Monday, November 9th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, November 9th. Kennametal’s payout ratio is 18.18%.

Insiders Place Their Bets

In other news, CEO Sanjay Chowbey purchased 7,000 shares of the stock in a transaction dated Thursday, September 10th. The shares were bought at an average cost of $29.10 per share, for a total transaction of $203,700.00. Following the transaction, the chief executive officer owned 246,839 shares in the company, valued at $7,183,014.90. This trade represents a 2.92% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Judith Bacchus sold 9,676 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $30.29, for a total value of $293,086.04. Following the completion of the sale, the vice president directly owned 15,721 shares in the company, valued at $476,189.09. This represents a 38.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.65% of the company’s stock.

Wall Street Analysts Forecast Growth

KMT has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their target price on Kennametal from $34.00 to $30.00 and set an “underweight” rating on the stock in a research note on Thursday, October 8th. DA Davidson decreased their target price on shares of Kennametal from $34.00 to $30.00 and set a “neutral” rating for the company in a research report on Tuesday, August 11th. Weiss Ratings lowered shares of Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 23rd. Morgan Stanley cut shares of Kennametal from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $31.00 to $27.00 in a research note on Monday, August 10th. Finally, UBS Group dropped their price target on shares of Kennametal from $39.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Five equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $33.50.

About Kennametal

Kennametal Inc (NYSE: KMT) is a global industrial technology company that develops and manufactures tooling, engineered components and wear-resistant solutions. Its products are designed to help customers improve productivity, durability and performance in demanding manufacturing and industrial applications.

The company’s offerings include metal-cutting tools and systems, tooling components, advanced materials, and products made with hard metals and other wear-resistant technologies. Kennametal also provides engineered solutions for applications such as machining, earthworks, energy production, transportation, aerospace, defense and general engineering.

Founded in 1938 by Philip M.