Kennametal Stock Performance
| KMT Stock | USD 24.17 0.34 1.39% |
Kennametal has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.84, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kennametal will likely underperform. Kennametal right now secures a risk of 1.71%. Please verify Kennametal value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if Kennametal will be following its current price movements.
Risk-Adjusted Performance
1 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Kennametal are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable primary indicators, Kennametal is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return (0.24) | Five Day Return 1.88 | Year To Date Return (4.23) | Ten Year Return (47.04) | All Time Return 1.4 K |
Forward Dividend Yield 0.0326 | Payout Ratio 0.5161 | Last Split Factor 2:1 | Forward Dividend Rate 0.8 | Dividend Date 2024-02-27 |
1 | Kennametal to Attend Barclays Industrial Select Conference | 01/31/2024 |
2 | Compared to Estimates, Kennametal Q2 Earnings A Look at Key Metrics | 02/07/2024 |
3 | Kennametal Inc. Shares Bought by Connor Clark Lunn Investment Management Ltd. | 02/26/2024 |
| Kennametal dividend paid on 27th of February 2024 | 02/27/2024 |
4 | Kennametal Celebrates Leaders Recognized as 2024 Women MAKE Award Winners | 03/08/2024 |
5 | Kennametal Tops Q2 Earnings and Revenue Estimates - Yahoo Movies UK | 03/12/2024 |
6 | Kennametal Appoints Sanjay Chowbey as President CEO effective June 1, 2024 Christopher Rossi to Retire on May 31 | 03/14/2024 |
7 | Wellington Management Group LLP Lowers Stake in Kennametal Inc. - Defense World | 03/18/2024 |
8 | Kennametal Lowered to Hold at StockNews.com - Defense World | 03/20/2024 |
9 | Kennametal PT Lowered to 24.00 - MarketBeat | 04/02/2024 |
10 | What Makes Kennametal an Investment Opportunity | 04/15/2024 |
| Begin Period Cash Flow | 85.6 M | |
| Total Cashflows From Investing Activities | -89.2 M |
Kennametal |
Kennametal Relative Risk vs. Return Landscape
If you would invest 2,399 in Kennametal on January 24, 2024 and sell it today you would earn a total of 18.00 from holding Kennametal or generate 0.75% return on investment over 90 days. Kennametal is generating 0.0265% of daily returns assuming volatility of 1.7099% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than Kennametal, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Kennametal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kennametal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kennametal, and traders can use it to determine the average amount a Kennametal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0155
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | KMT |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Kennametal is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Kennametal by adding it to a well-diversified portfolio.
Kennametal Fundamentals Growth
Kennametal Stock prices reflect investors' perceptions of the future prospects and financial health of Kennametal, and Kennametal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Kennametal Stock performance.
| Return On Equity | 0.0959 | ||||
| Return On Asset | 0.0474 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 2.56 B | ||||
| Shares Outstanding | 79.27 M | ||||
| Price To Earning | 13.35 X | ||||
| Price To Book | 1.45 X | ||||
| Price To Sales | 0.90 X | ||||
| Revenue | 2.08 B | ||||
| Gross Profit | 653.48 M | ||||
| EBITDA | 204.85 M | ||||
| Net Income | 123.37 M | ||||
| Cash And Equivalents | 106.02 M | ||||
| Cash Per Share | 0.79 X | ||||
| Total Debt | 595.86 M | ||||
| Debt To Equity | 0.55 % | ||||
| Current Ratio | 2.03 X | ||||
| Book Value Per Share | 16.25 X | ||||
| Cash Flow From Operations | 257.94 M | ||||
| Earnings Per Share | 1.51 X | ||||
| Market Capitalization | 1.94 B | ||||
| Total Asset | 2.55 B | ||||
| Retained Earnings | 1.12 B | ||||
| Working Capital | 592.81 M | ||||
| Current Asset | 637.38 M | ||||
| Current Liabilities | 262.1 M | ||||
About Kennametal Performance
To evaluate Kennametal Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Kennametal generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Kennametal Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Kennametal market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Kennametal's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 163.48 | 141.03 | |
| Return On Tangible Assets | 0.06 | 0.04 | |
| Return On Capital Employed | 0.10 | 0.12 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.11 | 0.07 |
Things to note about Kennametal performance evaluation
Checking the ongoing alerts about Kennametal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kennametal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kennametal has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| On 27th of February 2024 Kennametal paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: What Makes Kennametal an Investment Opportunity |
- Analyzing Kennametal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Kennametal's stock is overvalued or undervalued compared to its peers.
- Examining Kennametal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Kennametal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kennametal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kennametal's stock. These opinions can provide insight into Kennametal's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Kennametal Stock please use our How to Invest in Kennametal guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Kennametal Stock analysis
When running Kennametal's price analysis, check to measure Kennametal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.
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Is Kennametal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kennametal. If investors know Kennametal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kennametal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.074 | Dividend Share 0.8 | Earnings Share 1.51 | Revenue Per Share 25.873 | Quarterly Revenue Growth (0) |
The market value of Kennametal is measured differently than its book value, which is the value of Kennametal that is recorded on the company's balance sheet. Investors also form their own opinion of Kennametal's value that differs from its market value or its book value, called intrinsic value, which is Kennametal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kennametal's market value can be influenced by many factors that don't directly affect Kennametal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kennametal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kennametal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kennametal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.