Kennametal (NYSE:KMT – Get Free Report) is expected to be releasing its Q1 2027 results before the market opens on Wednesday, November 4th. Analysts expect the company to announce earnings of $2.65 per share and revenue of $770.40 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. Investors can check 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 – Get Free Report) last issued its earnings results on Wednesday, August 5th. The industrial products company reported $2.96 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.65. The firm had revenue of $736.61 million during the quarter, compared to the consensus estimate of $725.74 million. During the same period in the prior year, the company posted $0.34 EPS. The company’s quarterly revenue was up 42.6% on a year-over-year basis. 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 Price Performance
NYSE KMT opened at $30.03 on Wednesday. Kennametal has a 12 month low of $21.70 and a 12 month high of $43.81. The stock’s 50 day moving average is $30.44 and its 200 day moving average is $34.60.
Insider Buying and Selling at Kennametal
In related news, VP Judith L. Bacchus sold 9,676 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $30.29, for a total transaction of $293,086.04. Following the completion of the transaction, the vice president owned 15,721 shares in the company, valued at $476,189.09. The trade was a 38.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sanjay Chowbey bought 7,000 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were acquired at an average cost of $29.10 per share, for a total transaction of $203,700.00. Following the purchase, the chief executive officer directly owned 246,839 shares in the company, valued at $7,183,014.90. This represents a 2.92% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.65% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several brokerages have recently weighed in on KMT. DA Davidson reduced their target price on shares of Kennametal from $34.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th. Zacks Research downgraded Kennametal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 14th. Weiss Ratings cut Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. UBS Group decreased their price target on shares of Kennametal from $39.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, August 10th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Kennametal from $34.00 to $30.00 and set an “underweight” rating for the company in a research note on Thursday, October 8th. Five research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Kennametal has an average rating of “Reduce” and a consensus price target of $33.50.
Get Our Latest Analysis on KMT
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.
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