Kennametal (NYSE:KMT – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.200-0.300 for the period, compared to the consensus estimate of 0.270. The company issued revenue guidance of $480.0 million-$500.0 million, compared to the consensus revenue estimate of $493.0 million. Kennametal also updated its FY 2025 guidance to 1.300-1.700 EPS.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. StockNews.com upgraded shares of Kennametal from a “hold” rating to a “buy” rating in a report on Friday, October 18th. Loop Capital boosted their price target on shares of Kennametal from $22.00 to $24.00 and gave the company a “hold” rating in a report on Thursday, August 22nd. Barclays raised their price objective on Kennametal from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Friday, August 9th. Finally, Bank of America cut Kennametal from a “neutral” rating to an “underperform” rating and set a $26.00 target price for the company. in a research note on Friday, October 18th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $24.60.
View Our Latest Stock Report on Kennametal
Kennametal Stock Up 17.5 %
Kennametal (NYSE:KMT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.05. Kennametal had a return on equity of 9.17% and a net margin of 5.34%. The company had revenue of $543.31 million during the quarter, compared to analysts’ expectations of $532.72 million. During the same period in the prior year, the firm earned $0.51 earnings per share. Kennametal’s revenue for the quarter was down 1.3% compared to the same quarter last year. On average, research analysts forecast that Kennametal will post 1.43 earnings per share for the current fiscal year.
Kennametal Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend is Tuesday, November 12th. Kennametal’s dividend payout ratio (DPR) is currently 58.39%.
Kennametal Company Profile
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 operates through two segments, Metal Cutting and Infrastructure.
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