Kennametal Inc. (NYSE:KMT) is a stock that investors should take a bite out of.

After finishing at $27.00 in the prior trading day, Kennametal Inc. (NYSE: KMT) closed at $26.63, down -1.37%. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 1444798 shares were traded. KMT stock price reached its highest trading level at $27.26 during the session, while it also had its lowest trading level at $26.44.

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Our goal is to gain a better understanding of KMT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2775.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.48.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on July 08, 2022, Downgraded its rating to Sell and sets its target price to $19 from $27 previously.

On April 06, 2022, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $41 to $29.

JP Morgan Downgraded its Neutral to Underweight on March 28, 2022, whereas the target price for the stock was revised from $37 to $31.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 09 when Witt John Wayne sold 800 shares for $29.61 per share. The transaction valued at 23,692 led to the insider holds 0 shares of the business.

Witt John Wayne sold 730 shares of KMT for $21,170 on Feb 17. The Vice President now owns 800 shares after completing the transaction at $29.00 per share. On Dec 08, another insider, Witt John Wayne, who serves as the Vice President of the company, sold 700 shares for $25.50 each. As a result, the insider received 17,850 and left with 1,530 shares of the company.

Valuation Measures:

As of this moment, Kennametal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.33, and their Forward P/E ratio for the next fiscal year is 15.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 1.72.

Stock Price History:

Over the past 52 weeks, KMT has reached a high of $31.22, while it has fallen to a 52-week low of $20.21. The 50-Day Moving Average of the stock is 27.92, while the 200-Day Moving Average is calculated to be 25.48.

Shares Statistics:

The stock has traded on average 631.70K shares per day over the past 3-months and 987.3k shares per day over the last 10 days, according to various share statistics. A total of 80.74M shares are outstanding, with a floating share count of 79.88M. Shares short for KMT as of Jan 12, 2023 were 4.37M with a Short Ratio of 3.38M, compared to 3.93M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.42% and a Short% of Float of 8.32%.

Dividends & Splits

In the trailing 12 months, KMT’s forward annual dividend rate was 0.80, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 2.96%, it implies a Forward Annual Dividend Yield of 2.75%. The stock’s 5-year Average Dividend Yield is 2.50. The current Payout Ratio is 51.70% for KMT, which recently paid a dividend on Feb 27, 2023 with an ex-dividend date of Feb 12, 2023. Stock splits for the company last occurred on Dec 18, 2007 when the company split stock in a 2:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 10 different market analysts. On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.44 and a low estimate of $0.31, while EPS last year was $0.47. The consensus estimate for the next quarter is $0.48, with high estimates of $0.53 and low estimates of $0.45.

Analysts are recommending an EPS of between $1.5 and $1.38 for the fiscal current year, implying an average EPS of $1.43. EPS for the following year is $1.7, with 10 analysts recommending between $1.89 and $1.53.

Revenue Estimates

8 analysts predict $527.8M in revenue for the current quarter. It ranges from a high estimate of $540.8M to a low estimate of $492.63M. As of the current estimate, Kennametal Inc.’s year-ago sales were $512.26M, an estimated increase of 3.00% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $548.81M, an increase of 3.50% over than the figure of $3.00% in the same quarter last year. There is a high estimate of $572.2M for the next quarter, whereas the lowest estimate is $516.25M.

A total of 10 analysts have provided revenue estimates for KMT’s current fiscal year. The highest revenue estimate was $2.1B, while the lowest revenue estimate was $2B, resulting in an average revenue estimate of $2.07B. In the same quarter a year ago, actual revenue was $2.01B, up 2.70% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $2.13B in the next fiscal year. The high estimate is $2.2B and the low estimate is $2.03B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.