Make Sure You Stick With Kennametal Inc. (KMT). It’s Bull Time Again

After Hours

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Stocks Info

Kennametal Inc. is listed on the NYSE in the Industrials sector while operating in the Tools & Accessories industry. The current market capitalization of Kennametal Inc. is $2.04B. A total of 0.56 million shares were traded on the day, compared to an average of 735.27K shares.

In the most recent transaction, Witt John Wayne sold 579 shares of KMT for 24.37 per share on Jun 13 ’24. After the transaction, the Vice President now owns 764 company shares. In a previous transaction on Jun 10 ’24, Chowbey Sanjay bought 5,000 shares at 24.28 per share. KMT shares that President and CEO owns now total 49,270.

Among the insiders who sold shares, Keating Michelle R disposed of 12,000 shares on May 09 ’24 at a per-share price of $26.09. This resulted in the Vice President holding 33,008 shares of KMT after the transaction. In another insider transaction, Chowbey Sanjay bought 10,000 shares at $26.00 per share on May 10 ’24. Company shares held by the Vice President now total 44,270.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Kennametal Inc. pays an annual dividend of $0.80, resulting in a dividend yield of 3.06%, and it has a price to earnings (P/E) ratio of 19.13. KMT’s most recent ex-dividend date was 8/13/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 8/27/2024. Previously, the company paid the dividend on 5/28/2024 with an ex-dividend date of 5/13/2024. The KMT stock dividend was $0.20 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, KMT has a high of $27.04 and a low of $22.08.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. KMT’s latest balance sheet shows that the firm has $85.59M in Cash & Short Term Investments as of fiscal 2022. There were $663.28M in debt and $485.65M in liabilities at the time. Its Book Value Per Share was $16.05, while its Total Shareholder’s Equity was $1.29B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KMT is Buy with a score of 2.56.

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