Kennametal Inc. (NYSE: KMT) is 0.93% higher on its value in year-to-date trading and has touched a low of $22.08 and a high of $30.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KMT stock was last observed hovering at around $25.35 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $26.03, the stock is 7.82% and 6.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 2.68% at the moment leaves the stock 4.80% off its SMA200. KMT registered -2.18% loss for a year compared to 6-month gain of 14.27%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 9.23% loss in the last 1 month and extending the period to 3 months gives it a 9.42%, and is 7.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.67% over the week and 2.28% over the month.
Kennametal Inc. (KMT) has around 8739 employees, a market worth around $2.06B and $2.05B in sales. Current P/E ratio is 19.29 and Fwd P/E is 15.89. Profit margin for the company is 5.29%. Distance from 52-week low is 17.92% and -14.93% from its 52-week high. The company has generated returns on investments over the last 12 months (5.84%).
The EPS is expected to shrink by -3.54% this year
The shares outstanding are 79.83M, and float is at 75.81M with Short Float at 5.85%.
Kennametal Inc. (KMT) Insider Activity
The most recent transaction is an insider sale by Witt John Wayne, the company’s Vice President. SEC filings show that Witt John Wayne sold 1,000 shares of the company’s common stock on Mar 07 ’24 at a price of $25.55 per share for a total of $25550.0. Following the sale, the insider now owns 1343.0 shares.
Kennametal Inc. disclosed in a document filed with the SEC on Dec 04 ’23 that Witt John Wayne (Vice President) sold a total of 450 shares of the company’s common stock. The trade occurred on Dec 04 ’23 and was made at $24.24 per share for $10908.0. Following the transaction, the insider now directly holds 2343.0 shares of the KMT stock.
Still, SEC filings show that on Sep 14 ’23, Davis Cindy L (Director) disposed off 11,431 shares at an average price of $25.50 for $0.29 million. The insider now directly holds 14,966 shares of Kennametal Inc. (KMT).
