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1 Comment
Kennametal Inc is currently in a long term downtrend where the price is trading 5.0% below its 200 day moving average.
From a valuation standpoint, the stock is 96.0% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.1.
Kennametal Inc's total revenue sank by 12.8% to $441M since the same quarter in the previous year.
Its net income has increased by 426.5% to $19M since the same quarter in the previous year.
Finally, its free cash flow grew by 91.9% to $-1M since the same quarter in the previous year.
Based on the above factors, Kennametal Inc gets an overall score of 3/5.
Sector | Industrials |
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Exchange | NYSE |
CurrencyCode | USD |
ISIN | US4891701009 |
Industry | Tools & Accessories |
Market Cap | 2B |
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PE Ratio | 17.89 |
Target Price | 21.0625 |
Dividend Yield | 3.6% |
Beta | 1.43 |
Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The Metal Cutting segment offers milling, hole making, turning, threading, and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships, and various types of industrial equipment under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force, a network of independent and national distributors, integrated supplier channels, and digitally. Its Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and metallurgical powders, such as compacts, nozzles, frac seats, and custom components used in oil and gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide powders for the oil and gas, aerospace, and process industries; high temperature critical wear components, tungsten penetrators, and armor solutions for aerospace and defense; and ceramics used by the packaging industry for metallization of films and papers under the Kennametal brand through a direct sales force and distributors. The company was founded in 1938 and is based in Pittsburgh, Pennsylvania.
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