KMT RSI Chart
Last 7 days
7.8%
Last 30 days
5.8%
Last 90 days
5.9%
Trailing 12 Months
0.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.1B | 0 | 0 | 0 |
2023 | 2.1B | 2.1B | 2.1B | 2.1B |
2022 | 2.0B | 2.0B | 2.0B | 2.0B |
2021 | 1.7B | 1.8B | 1.9B | 2.0B |
2020 | 2.1B | 1.9B | 1.8B | 1.7B |
2019 | 2.4B | 2.4B | 2.3B | 2.2B |
2018 | 2.3B | 2.4B | 2.4B | 2.4B |
2017 | 2.0B | 2.1B | 2.1B | 2.2B |
2016 | 2.2B | 2.1B | 2.0B | 2.0B |
2015 | 2.8B | 2.6B | 2.5B | 2.4B |
2014 | 2.7B | 2.8B | 2.9B | 2.9B |
2013 | 2.7B | 2.6B | 2.6B | 2.6B |
2012 | 2.7B | 2.7B | 2.7B | 2.7B |
2011 | 2.2B | 2.4B | 2.5B | 2.6B |
2010 | 1.9B | 1.9B | 2.0B | 2.1B |
2009 | 0 | 2.0B | 2.0B | 1.9B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 07, 2024 | witt john wayne | sold | -25,550 | 25.55 | -1,000 | vice president |
Feb 27, 2024 | wunning steven h | acquired | 24,948 | 24.75 | 1,008 | - |
Feb 27, 2024 | martin lorraine m | acquired | 20,592 | 24.75 | 832 | - |
Jan 15, 2024 | sternlieb paul | sold (taxes) | -657 | 24.35 | -27.00 | - |
Jan 15, 2024 | sternlieb paul | acquired | 21,525 | 24.35 | 884 | - |
Dec 08, 2023 | keating michelle r | gifted | - | - | -415 | vice president |
Dec 04, 2023 | witt john wayne | sold | -10,908 | 24.24 | -450 | vice president |
Dec 01, 2023 | reilly carlonda r. | acquired | 138,114 | 24.15 | 5,719 | vice president |
Dec 01, 2023 | cardenas franklin | sold (taxes) | -36,828 | 24.15 | -1,525 | vice president |
Dec 01, 2023 | bacchus judith l | sold (taxes) | -40,789 | 24.15 | -1,689 | vice president |
Which funds bought or sold KMT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 08, 2024 | Entropy Technologies, LP | reduced | -26.82 | -350,939 | 849,431 | 0.09% |
May 08, 2024 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | reduced | -68.98 | -1,775,870 | 881,374 | -% |
May 08, 2024 | KBC Group NV | unchanged | - | -1,000 | 56,000 | -% |
May 08, 2024 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | reduced | -0.34 | -16,073 | 426,948 | -% |
May 08, 2024 | ProShare Advisors LLC | added | 6.25 | 10,712 | 400,761 | -% |
May 08, 2024 | US BANCORP \DE\ | added | 23.15 | 11,549 | 72,052 | -% |
May 08, 2024 | Bell Investment Advisors, Inc | sold off | -100 | -516 | - | -% |
May 08, 2024 | EVERENCE CAPITAL MANAGEMENT INC | new | - | 256,000 | 256,000 | 0.02% |
May 08, 2024 | Russell Investments Group, Ltd. | reduced | -5.46 | -106,972 | 1,137,600 | -% |
May 07, 2024 | Smithfield Trust Co | unchanged | - | - | 5,000 | -% |
Unveiling Kennametal Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Kennametal Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CARR | 58.8B | 23.0B | 43.79 | 2.55 | ||||
HUBB | 22.0B | 5.5B | 30.26 | 4 | ||||
BLDR | 20.7B | 17.1B | 14.1 | 1.21 | ||||
CSL | 19.9B | 4.8B | 23.15 | 4.05 | ||||
LECO | 13.2B | - | 24.07 | 3.13 | ||||
MID-CAP | ||||||||
AYI | 8.2B | 3.9B | 21.7 | 2.13 | ||||
AAON | 6.4B | 1.2B | 35.54 | 5.49 | ||||
ATKR | 5.9B | 3.4B | 9.49 | 1.74 | ||||
AEIS | 3.8B | 1.6B | 29.74 | 2.45 | ||||
PLUG | 2.1B | 801.3M | -1.41 | 2.57 | ||||
SMALL-CAP | ||||||||
APOG | 1.5B | 1.4B | 14.63 | 1.03 | ||||
ACTG | 518.1M | 141.5M | 9.02 | 3.66 | ||||
ACCO | 487.8M | 1.8B | -19.99 | 0.27 | ||||
FCEL | 334.4M | 103.0M | -3.66 | 3.25 | ||||
APT | 61.1M | 60.9M | 14.51 | 1 |
Kennametal Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 4.1% | 516 | 495 | 492 | 550 | 536 | 497 | 495 | 530 | 512 | 487 | 484 | 516 | 485 | 441 | 400 | 379 | 483 | 505 | 518 | 604 | 597 |
Gross Profit | 9.8% | 153 | 140 | 163 | 176 | 168 | 143 | 160 | 170 | 165 | 153 | 161 | 176 | 150 | 122 | 105 | 101 | 157 | 132 | 139 | 214 | 208 |
Operating Expenses | 1.3% | 109 | 107 | 112 | 110 | 113 | 106 | 108 | 103 | 107 | 107 | 103 | 108 | 108 | 98.00 | 93.00 | 68.00 | 99.00 | 108 | 114 | 116 | 120 |
EBITDA Margin | -4.4% | 0.14* | 0.15* | 0.15* | 0.15* | 0.16* | 0.16* | 0.17* | 0.17* | 0.17* | 0.17* | 0.15* | 0.12* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -1.0% | 7.00 | 7.00 | 7.00 | 7.00 | 8.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 7.00 | 21.00 | 8.00 | 11.00 | 11.00 | 8.00 | 8.00 | 8.00 | 9.00 | 8.00 |
Income Taxes | 489.0% | 8.00 | -2.01 | 8.00 | 9.00 | 11.00 | 5.00 | 11.00 | 17.00 | 15.00 | 11.00 | 14.00 | 16.00 | -1.70 | -5.68 | -2.88 | 18.00 | 30.00 | -45.25 | 4.00 | 17.00 | 9.00 |
Earnings Before Taxes | 27.8% | 29.00 | 22.00 | 38.00 | 47.00 | 44.00 | 28.00 | 41.00 | 59.00 | 51.00 | 44.00 | 52.00 | 53.00 | 21.00 | 15.00 | -23.74 | 10.00 | 32.00 | -51.48 | 11.00 | 80.00 | 79.00 |
EBT Margin | -9.1% | 0.07* | 0.07* | 0.08* | 0.08* | 0.08* | 0.09* | 0.10* | 0.10* | 0.10* | 0.09* | 0.07* | 0.04* | - | - | - | - | - | - | - | - | - |
Net Income | -17.9% | 19.00 | 23.00 | 30.00 | 36.00 | 32.00 | 22.00 | 28.00 | 42.00 | 35.00 | 31.00 | 36.00 | 35.00 | 22.00 | 19.00 | -21.67 | -9.11 | 3.00 | -5.94 | -0.61 | 62.00 | 69.00 |
Net Income Margin | -9.8% | 0.05* | 0.06* | 0.06* | 0.06* | 0.06* | 0.06* | 0.07* | 0.07* | 0.07* | 0.06* | 0.06* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 31.1% | 48.00 | 37.00 | -6.09 | 108 | 53.00 | 42.00 | -40.23 | 52.00 | 13.00 | 22.00 | -2.04 | 63.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.0% | 2,519 | 2,544 | 2,513 | 2,547 | 2,604 | 2,579 | 2,516 | 2,574 | 2,660 | 2,611 | 2,608 | 2,666 | 2,615 | 2,615 | 2,559 | 3,038 | 2,538 | 2,623 | 2,599 | 2,656 | 2,608 |
Current Assets | -1.0% | 1,000 | 1,010 | 1,011 | 1,027 | 1,079 | 1,048 | 1,011 | 1,025 | 1,043 | 984 | 967 | 1,005 | 967 | 949 | 936 | 1,441 | 967 | 1,036 | 1,065 | 1,191 | 1,163 |
Cash Equivalents | 1.5% | 92.00 | 91.00 | 95.00 | 106 | 93.00 | 77.00 | 65.00 | 86.00 | 100 | 102 | 107 | 154 | 114 | 103 | 98.00 | 607 | 85.00 | 105 | 114 | 182 | 113 |
Inventory | -4.1% | 548 | 571 | 570 | 558 | 595 | 606 | 591 | 571 | 562 | 533 | 505 | 476 | 476 | 497 | 509 | 522 | 517 | 522 | 557 | 572 | 589 |
Net PPE | -1.4% | 948 | 961 | 958 | 969 | 975 | 982 | 973 | 1,002 | 1,012 | 1,023 | 1,036 | 1,055 | 1,054 | 1,073 | 1,054 | 1,038 | 1,015 | 1,009 | 964 | 935 | 886 |
Goodwill | -1.4% | 272 | 276 | 267 | 270 | 269 | 267 | 258 | 264 | 271 | 273 | 275 | 278 | 276 | 281 | 275 | 271 | 269 | 286 | 295 | 300 | 298 |
Liabilities | -0.3% | 1,213 | 1,216 | 1,214 | 1,233 | 1,287 | 1,289 | 1,278 | 1,282 | 1,298 | 1,254 | 1,243 | 1,298 | 1,297 | 1,295 | 1,293 | 1,769 | 1,239 | 1,276 | 1,262 | 1,282 | 1,242 |
Current Liabilities | -0.2% | 413 | 414 | 420 | 434 | 489 | 494 | 497 | 486 | 460 | 411 | 389 | 437 | 426 | 403 | 416 | 898 | 383 | 409 | 419 | 462 | 430 |
Long Term Debt | 0.0% | 596 | 596 | 595 | 595 | 595 | 595 | 595 | 594 | 593 | 593 | 593 | 592 | 592 | 594 | 593 | 594 | 594 | 593 | 593 | 592 | 592 |
Shareholder's Equity | 1.4% | 1,306 | 1,288 | 1,299 | 1,275 | 1,276 | 1,289 | 1,238 | 1,291 | 1,362 | 1,357 | 1,365 | 1,368 | 1,318 | 1,320 | 1,266 | 1,005 | 1,299 | 1,347 | 1,338 | 529 | 1,365 |
Retained Earnings | 0.3% | 1,149 | 1,146 | 1,139 | 1,125 | 1,104 | 1,088 | 1,083 | 1,071 | 1,045 | 1,027 | 1,012 | 993 | 974 | 969 | 967 | 1,005 | 1,031 | 1,044 | 1,067 | 1,077 | 1,031 |
Additional Paid-In Capital | -1.9% | 436 | 444 | 453 | 465 | 471 | 473 | 479 | 494 | 525 | 535 | 551 | 563 | 557 | 548 | 540 | 539 | 537 | 537 | 531 | 529 | 524 |
Accumulated Depreciation | 0.7% | 1,465 | 1,455 | 1,409 | 1,399 | 1,383 | 1,359 | 1,306 | 1,313 | 1,342 | 1,330 | 1,324 | 1,318 | 1,319 | 1,318 | 1,274 | 1,236 | 1,217 | 1,228 | 1,211 | 1,221 | 1,234 |
Shares Outstanding | -0.8% | 79.00 | 80.00 | 80.00 | 81.00 | 81.00 | 81.00 | 82.00 | 83.00 | 83.00 | 84.00 | 84.00 | 84.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 2.6% | 41.00 | 40.00 | 38.00 | 39.00 | 40.00 | 39.00 | 37.00 | 39.00 | 42.00 | 41.00 | 40.00 | 39.00 | 41.00 | 41.00 | 41.00 | 39.00 | 38.00 | 41.00 | 39.00 | 40.00 | 40.00 |
Float | - | - | - | - | - | - | 1,019 | - | - | - | 1,725 | - | - | - | 1,868 | - | - | - | 2,000 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 20.1% | 75,152 | 62,597 | 25,711 | 131,763 | 73,673 | 63,257 | -10,748 | 88,421 | 35,219 | 42,001 | 15,803 | 96,485 | 71,845 | 57,730 | 9,622 | 77,679 | 58,962 | 59,552 | 27,545 | 143,054 | 95,964 |
Share Based Compensation | 0.7% | 5,999 | 5,956 | 8,696 | 5,892 | 4,856 | 5,627 | 8,282 | 2,961 | 4,650 | 6,172 | 7,202 | 5,418 | 6,584 | 5,806 | 6,991 | 1,759 | 315 | 5,719 | 8,255 | 4,001 | 5,409 |
Cashflow From Investing | -7.3% | -29,705 | -27,682 | -28,724 | -23,016 | -18,146 | -18,774 | -29,294 | -36,616 | -22,249 | -18,660 | -17,414 | -30,238 | -25,119 | -28,656 | -38,963 | -38,136 | -56,531 | -51,781 | -71,888 | -58,743 | -57,241 |
Cashflow From Financing | -4.2% | -42,151 | -40,456 | -6,052 | -93,095 | -38,859 | -34,279 | 23,125 | -62,969 | -15,217 | -28,610 | -43,939 | -28,783 | -33,425 | -28,677 | -483,360 | 479,454 | -15,319 | -18,719 | -19,965 | -15,022 | -23,751 |
Dividend Payments | -100.0% | - | 15,909 | 15,935 | 16,056 | 16,097 | 16,095 | 16,276 | 16,503 | 16,602 | 16,723 | 16,737 | 16,719 | 16,706 | 16,683 | 16,627 | 16,578 | 16,582 | 16,578 | 16,565 | 16,478 | 16,448 |
Buy Backs | 0.0% | 15,032 | 15,029 | 13,725 | 11,734 | 7,488 | 10,692 | 19,376 | 35,020 | 15,014 | 22,599 | 12,909 | 48.00 | 49.00 | 50.00 | 50.00 | 51.00 | 52.00 | 53.00 | 53.00 | 53.00 | 54.00 |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | |
Sales | $ 495,320 | $ 497,121 | $ 987,796 | $ 991,913 |
Cost of goods sold | 355,723 | 354,231 | 685,301 | 689,055 |
Gross profit | 139,597 | 142,890 | 302,495 | 302,858 |
Operating expense | 107,342 | 105,756 | 218,991 | 214,035 |
Restructuring and other charges, net (Note 6) | (1,033) | (1,505) | (4,119) | (1,505) |
Amortization of intangibles | 2,743 | 3,148 | 5,788 | 6,312 |
Operating income | 28,479 | 35,491 | 73,597 | 84,016 |
Interest expense | 6,847 | 7,015 | 13,447 | 13,652 |
Other expense, net | (687) | 588 | (597) | 1,597 |
Income before income taxes | 22,319 | 27,888 | 60,747 | 68,767 |
Provision for income taxes | (2,009) | 4,964 | 6,050 | 16,206 |
Net income | 24,328 | 22,924 | 54,697 | 52,561 |
Less: Net income attributable to noncontrolling interests | 1,220 | 1,025 | 1,532 | 2,466 |
Net income attributable to Kennametal | $ 23,108 | $ 21,899 | $ 53,165 | $ 50,095 |
PER SHARE DATA ATTRIBUTABLE TO KENNAMETAL SHAREHOLDERS | ||||
Basic earnings per share | $ 0.29 | $ 0.27 | $ 0.67 | $ 0.62 |
Diluted earnings per share | 0.29 | 0.27 | 0.66 | 0.61 |
Dividends per share | $ 0.20 | $ 0.20 | $ 0.4 | $ 0.4 |
Basic weighted average shares outstanding | 79,700 | 80,737 | 79,863 | 81,141 |
Diluted weighted average shares outstanding | 80,114 | 81,237 | 80,395 | 81,677 |
Noncontrolling Interest [Member] | ||||
Net income | $ 1,220 | $ 1,025 | $ 1,532 | $ 2,466 |
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands | Dec. 31, 2023 | Jun. 30, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 90,735 | $ 106,021 |
Accounts receivable, less allowance for doubtful accounts of $8,185 and $8,759, respectively | 290,547 | 307,313 |
Inventories (Note 9) | 570,785 | 557,630 |
Other current assets | 57,753 | 55,825 |
Total current assets | 1,009,820 | 1,026,789 |
Property, plant and equipment: | ||
Land and buildings | 416,804 | 416,291 |
Machinery and equipment | 1,999,244 | 1,951,535 |
Less accumulated depreciation | (1,454,652) | (1,398,758) |
Property, plant and equipment, net | 961,396 | 969,068 |
Other assets: | ||
Goodwill (Note 17) | 275,916 | 269,551 |
Other intangible assets, less accumulated amortization of $175,481 and $173,346, respectively (Note 17) | 87,598 | 93,164 |
Operating lease right-of-use assets | 47,294 | 43,036 |
Deferred income taxes | 74,491 | 65,519 |
Other | 87,837 | 80,107 |
Total other assets | 573,136 | 551,377 |
Total assets | 2,544,352 | 2,547,234 |
Current liabilities: | ||
Revolving and other lines of credit and notes payable (Note 11) | 23,315 | 689 |
Current operating lease liabilities | 12,301 | 11,379 |
Accounts payable | 193,002 | 203,341 |
Accrued income taxes | 14,680 | 25,143 |
Accrued expenses | 42,128 | 55,635 |
Other current liabilities | 128,682 | 137,788 |
Total current liabilities | 414,108 | 433,975 |
Long-term debt, less current maturities (Note 10) | 595,576 | 595,172 |
Operating lease liabilities | 35,014 | 32,178 |
Deferred income taxes | 32,376 | 32,062 |
Accrued pension and postretirement benefits | 116,655 | 115,536 |
Accrued income taxes | 1,507 | 1,446 |
Other liabilities | 21,012 | 22,697 |
Total liabilities | 1,216,248 | 1,233,066 |
Commitments and contingencies | ||
Kennametal Shareholders' Equity | ||
Preferred stock, no par value; 5,000 shares authorized; none issued | 0 | 0 |
Capital stock, $1.25 par value; 120,000 shares authorized; 79,818 and 79,835 shares issued, respectively | 99,071 | 99,794 |
Additional paid-in capital | 444,162 | 465,406 |
Retained earnings | 1,145,911 | 1,124,590 |
Accumulated other comprehensive loss | (401,321) | (414,343) |
Total Kennametal Shareholders' Equity | 1,287,823 | 1,275,447 |
Noncontrolling interests | 40,281 | 38,721 |
Total equity | 1,328,104 | 1,314,168 |
Total liabilities and equity | $ 2,544,352 | $ 2,547,234 |
Common Stock, Par or Stated Value Per Share | $ 1.25 | $ 1.25 |
Preferred Stock, No Par Value | $ 0 | $ 0 |
Preferred Stock, Shares Authorized | 5,000 | 5,000 |