Home Markets Earnings Estimate Forecast on Kennametal Inc.(KMT)

Earnings Estimate Forecast on Kennametal Inc.(KMT)


Kennametal Inc.(KMT): For the most recent quarter end, Kennametal Inc. reported Annual Earnings of $0.24. Based on the filings, last years Annual Earnings was, $1.11. For the most recent quarter end, KMT reported a surprise Earnings per Share of 9.09% . The consensus estimate for current quarter is $0.43 and for the current fiscal year, the estimate is $1.37. For the Next fiscal year, the estimate is $1.87 based on the consensus. Pittsburgh based Kennametal Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on May 01, 2017.

Kennametal Inc. has received $0.43 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.38 while the top line estimate is $0.46 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 16.22%. Kennametal Inc. reported better than expected with a surprise EPS of 9.09% or $0.02 during its most recent quarterly earnings. The Actual EPS was $0.24 compared to the Estimated EPS of $0.22. According to the corporate earnings calendar, Kennametal Inc. will release next earnings on May 01, 2017 with an estimated EPS consensus of $0.43. Based on the consensus of stock financial advisors the stock has a price target of $38.63. Current year estimate on EPS consensus is $1.37. The Estimated EPS rate for Long term growth is $8.3.

Kennametal Inc. has a Price to Earnings ratio of 33.6 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 3.33. For the Most Recent Fiscal Year, Kennametal Inc. has a price to cash ratio of 15.05. For the Trailing twelve month period, company showed a Net Profit Margin of -3.27% and Return on Equity of the stock is 9.14%.

Kennametal Inc. last declared its Dividend on Feb 10, 2017. For Dividend Investing Stock Market Traders Kennametal Inc. has a Dividend Yield of 2.05% with an Annual Dividend of $0.8. It has a Payout Ratio of 0.69 and the change in Dividend payout ratio is 0.31.

Kennametal Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.21. The company had revenue of $487.60 million for the quarter, compared to analysts expectations of $487.58 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.14 EPS.

Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Judith L Bacchus (Vice President) sold 4,000 shares at 33.92 per share price.On Jun 14, 2016, William J. Harvey (director) purchased 517 shares at 24.10 per share price.On Feb 11, 2016, Ronald M Defeo (CEO) purchased 14,280 shares at 17.46 per share price.

Kennametal Inc. (NYSE:KMT) witnessed a decline in the market cap on Wednesday as its shares dropped 1% or 0.39 points. After the session commenced at $38.6, the stock reached the higher end at $39.07 while it hit a low of $38.43. With the volume soaring to 750,261 shares, the last trade was called at $38.59. The company has a 52-week high of $39.17. The company has a market cap of $3,095 million and there are 80,193,977 shares in outstanding. The 52-week low of the share price is $18.82.

Kennametal Inc. is a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. The company improves customers competitiveness by providing superior economic returns through the delivery of application knowledge and advanced technology to master the toughest of materials application demands. Companies producing everything from airframes to coal, from medical implants to oil wells and from turbochargers to motorcycle parts recognize Kennametal for extraordinary contributions to their value chains.



Please enter your comment!
Please enter your name here