Kennametal Selling General Administrative vs Research Development Analysis

KMT Stock  USD 24.16  0.46  1.94%   
Kennametal financial indicator trend analysis is infinitely more than just investigating Kennametal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kennametal is a good investment. Please check the relationship between Kennametal Selling General Administrative and its Research Development accounts. 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.

Selling General Administrative vs Research Development

Selling General Administrative vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kennametal Selling General Administrative account and Research Development. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kennametal's Selling General Administrative and Research Development is 0.81. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Research Development in the same time period over historical financial statements of Kennametal, assuming nothing else is changed. The correlation between historical values of Kennametal's Selling General Administrative and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Kennametal are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Selling General Administrative i.e., Kennametal's Selling General Administrative and Research Development go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Selling General Administrative

Research Development

Most indicators from Kennametal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kennametal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Kennametal's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 3.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 526.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit648.0M646.4M743.4M656.5M
Total Revenue2.0B2.1B2.4B1.9B

Kennametal fundamental ratios Correlations

0.840.890.690.950.740.790.920.430.970.170.420.840.820.930.950.640.950.10.950.270.740.80.790.710.83
0.840.670.870.640.620.720.610.730.730.130.730.590.650.80.710.570.95-0.030.90.640.620.60.570.440.68
0.890.670.580.830.790.780.810.20.880.10.20.830.90.870.920.740.850.110.820.070.70.790.880.490.92
0.690.870.580.490.590.420.450.830.550.150.830.410.630.510.580.660.830.030.820.830.360.420.560.230.65
0.950.640.830.490.660.70.980.230.970.160.230.840.740.860.920.520.80.140.840.060.710.80.740.80.73
0.740.620.790.590.660.620.710.280.760.540.280.410.920.670.810.880.730.440.640.20.220.440.780.130.91
0.790.720.780.420.70.620.70.040.830.170.040.720.640.890.810.480.790.190.660.020.740.740.650.580.66
0.920.610.810.450.980.710.70.180.950.20.180.780.750.830.940.50.770.210.80.030.630.750.740.720.73
0.430.730.20.830.230.280.040.180.230.021.00.130.30.270.220.340.59-0.220.640.90.160.130.180.070.32
0.970.730.880.550.970.760.830.950.230.260.230.810.80.920.950.610.870.190.840.10.70.80.770.730.8
0.170.130.10.150.160.540.170.20.020.260.03-0.160.410.120.210.550.150.820.040.01-0.37-0.080.19-0.10.39
0.420.730.20.830.230.280.040.181.00.230.030.130.30.270.220.350.59-0.220.640.90.160.130.180.070.32
0.840.590.830.410.840.410.720.780.130.81-0.160.130.630.840.820.410.76-0.080.8-0.050.910.830.750.80.65
0.820.650.90.630.740.920.640.750.30.80.410.30.630.760.880.910.810.40.770.140.390.560.920.281.0
0.930.80.870.510.860.670.890.830.270.920.120.270.840.760.890.550.910.040.850.080.810.80.730.670.78
0.950.710.920.580.920.810.810.940.220.950.210.220.820.880.890.680.870.270.860.090.660.750.890.610.88
0.640.570.740.660.520.880.480.50.340.610.550.350.410.910.550.680.680.460.620.240.170.360.780.070.92
0.950.950.850.830.80.730.790.770.590.870.150.590.760.810.910.870.680.040.960.460.710.730.750.550.83
0.1-0.030.110.030.140.440.190.21-0.220.190.82-0.22-0.080.40.040.270.460.04-0.03-0.19-0.36-0.050.35-0.070.37
0.950.90.820.820.840.640.660.80.640.840.040.640.80.770.850.860.620.96-0.030.470.720.730.750.610.78
0.270.640.070.830.060.20.020.030.90.10.010.9-0.050.140.080.090.240.46-0.190.470.040.050.03-0.040.15
0.740.620.70.360.710.220.740.630.160.7-0.370.160.910.390.810.660.170.71-0.360.720.040.860.480.790.43
0.80.60.790.420.80.440.740.750.130.8-0.080.130.830.560.80.750.360.73-0.050.730.050.860.540.730.58
0.790.570.880.560.740.780.650.740.180.770.190.180.750.920.730.890.780.750.350.750.030.480.540.370.91
0.710.440.490.230.80.130.580.720.070.73-0.10.070.80.280.670.610.070.55-0.070.61-0.040.790.730.370.29
0.830.680.920.650.730.910.660.730.320.80.390.320.651.00.780.880.920.830.370.780.150.430.580.910.29
Click cells to compare fundamentals

Kennametal Account Relationship Matchups

Kennametal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.7B2.6B2.5B2.9B2.1B
Short Long Term Debt Total1.1B600.5M615.6M595.9M685.2M512.0M
Other Current Liab233.1M251.4M236.6M229.9M264.4M168.9M
Total Current Liabilities898.1M437.4M485.6M434.0M499.1M413.1M
Total Stockholder Equity1.2B1.3B1.3B1.3B1.5B1.0B
Property Plant And Equipment Net1.0B1.1B1.0B969.1M1.1B603.9M
Net Debt487.8M446.4M530.0M489.8M563.3M399.4M
Retained Earnings1.0B992.6M1.1B1.1B1.3B707.8M
Cash606.7M154.0M85.6M106.0M121.9M112.6M
Non Current Assets Total1.6B1.7B1.5B1.5B1.7B1.2B
Non Currrent Assets Other155.4M208.2M122.2M188.7M217.0M227.8M
Cash And Short Term Investments606.7M154.0M85.6M106.0M121.9M114.8M
Net Receivables238.0M302.9M295.3M307.3M353.4M298.9M
Common Stock Shares Outstanding83.0M84.3M83.9M81.4M93.6M72.9M
Liabilities And Stockholders Equity3.0B2.7B2.6B2.5B2.9B2.1B
Non Current Liabilities Total870.7M860.2M796.6M799.1M919.0M621.5M
Inventory522.4M476.3M570.8M557.6M641.3M401.8M
Other Stockholder Equity538.6M562.8M494.2M465.4M535.2M477.0M
Total Liab1.8B1.3B1.3B1.2B1.4B1.0B
Property Plant And Equipment Gross1.1B1.1B2.3B2.4B2.7B2.9B
Total Current Assets1.4B1.0B1.0B1.0B1.2B884.6M
Accumulated Other Comprehensive Income(417.2M)(330.3M)(414.0M)(414.3M)(372.9M)(354.3M)
Short Term Debt500.4M8.4M21.2M689K792.4K752.7K
Intangible Assets132.6M120.0M105.7M93.2M107.1M101.8M
Other Current Assets73.7M71.5M72.9M55.8M64.2M61.9M
Accounts Payable164.6M177.7M227.9M203.3M233.8M159.2M
Good Will270.6M277.6M264.2M269.6M310.0M478.6M
Common Stock Total Equity103.7M104.5M101.7M99.8M114.8M88.8M
Common Stock103.7M104.5M101.7M99.8M114.8M88.8M
Other Liab239.2M268.1M202.3M171.7M197.5M213.9M
Other Assets107.3M208.2M176.8M188.7M217.0M227.8M
Long Term Debt594.1M592.1M594.4M595.2M684.4M573.8M
Property Plant Equipment1.1B1.1B1.0B969.1M1.1B798.0M
Net Tangible Assets826.7M932.0M882.6M1.3B1.1B1.0B
Noncontrolling Interest In Consolidated Entity38.9M38.6M38.7M38.7M44.5M36.8M
Retained Earnings Total Equity1.0B992.6M1.1B1.1B1.0B856.5M
Long Term Debt Total594.1M592.1M594.4M595.2M684.4M665.8M
Capital Surpluse538.6M562.8M494.2M465.4M535.2M517.9M

Kennametal Investors Sentiment

The influence of Kennametal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Kennametal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Kennametal's public news can be used to forecast risks associated with an investment in Kennametal. The trend in average sentiment can be used to explain how an investor holding Kennametal can time the market purely based on public headlines and social activities around Kennametal. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Kennametal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Kennametal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Kennametal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Kennametal.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kennametal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kennametal's short interest history, or implied volatility extrapolated from Kennametal options trading.

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When determining whether Kennametal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kennametal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kennametal Stock. Highlighted below are key reports to facilitate an investment decision about Kennametal Stock:
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.