Kennametal Stock Analysis

Kennametal Stock Analysis Notes

About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.45. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kennametal has Price/Earnings To Growth (PEG) ratio of 0.56. The entity last dividend was issued on the 13th of May 2024. The firm had 2:1 split on the 19th of December 2007. Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania. Kennametal operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 8700 people. To find out more about Kennametal contact Christopher Rossi at 412 248 8000 or learn more at https://www.kennametal.com.

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Kennametal Largest EPS Surprises

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Kennametal Environmental, Social, and Governance (ESG) Scores

Kennametal Thematic Classifications

Kennametal Stock Institutional Investors

Note, although Kennametal's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Kennametal Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2 B.

Kennametal Profitablity

The company has Net Profit Margin of 0.05 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.08 %, which entails that for every 100 dollars of revenue, it generated $0.08 of operating income.

Management Efficiency

Kennametal has Return on Asset of 0.045 % which means that on every $100 spent on assets, it made $0.045 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0863 %, implying that it generated $0.0863 on every 100 dollars invested. Kennametal's management efficiency ratios could be used to measure how well Kennametal manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.12 in 2024, whereas Return On Tangible Assets are likely to drop 0.04 in 2024. Total Current Liabilities is likely to drop to about 413.1 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 2.1 B in 2024

Technical Drivers

As of the 4th of June, Kennametal secures the Mean Deviation of 1.2, downside deviation of 1.66, and Risk Adjusted Performance of 0.0376. Kennametal technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have collected data for nineteen technical drivers for Kennametal, which can be compared to its peers in the industry. Please verify Kennametal standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Kennametal is priced some-what accurately, providing market reflects its recent price of 25.29 per share. Given that Kennametal has jensen alpha of 0.055, we recommend you to check Kennametal's last-minute market performance to make sure the company can sustain itself at a future point.

Kennametal Price Movement Analysis

Kennametal Insider Trading Activities

Kennametal Outstanding Bonds

Kennametal Predictive Daily Indicators

Kennametal Corporate Filings

Kennametal Forecast Models

Kennametal's time-series forecasting models are one of many Kennametal's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Kennametal's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Kennametal prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Kennametal shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Kennametal. By using and applying Kennametal Stock analysis, traders can create a robust methodology for identifying Kennametal entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Kennametal analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Kennametal analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Kennametal stock analysis indicators help investors evaluate how Kennametal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Kennametal shares will generate the highest return on investment. By understating and applying Kennametal stock analysis, traders can identify Kennametal position entry and exit signals to maximize returns.

When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.