Searching For Real Value In Market Debris At Kennametal Inc. (NYSE: KMT)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, KMT falls under the Industrials sector while operating within the Tools & Accessories industry segment. The current market capitalization of Kennametal Inc. is $1.98B. A total of 0.69 million shares were traded on the day, compared to an average of 740.36K 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Kennametal Inc. pays an annual dividend of $0.80, resulting in a dividend yield of 3.14%, and it has a price to earnings (P/E) ratio of 18.62. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 2.44.

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