Kennametal (NYSE:KMT – Get Free Report) is projected to release its Q1 2027 results before the market opens on Wednesday, November 4th. Analysts expect Kennametal to announce earnings of $2.65 per share and revenue of $770.40 million for the quarter. Kennametal has set its Q1 2027 guidance at 2.500-2.800 EPS and its FY 2027 guidance at 4.150-5.150 EPS. Investors may review the information on the company’s upcoming Q1 2027 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 9:30 AM ET.
Kennametal (NYSE:KMT – Get Free Report) last released its earnings results on Wednesday, August 5th. The industrial products company reported $2.96 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.65. The company had revenue of $736.61 million during the quarter, compared to analyst estimates of $725.74 million. During the same period in the previous year, the company posted $0.34 EPS. The company’s quarterly revenue was up 42.6% compared to the same quarter last year. On average, analysts expect Kennametal to post $4.92 EPS for the current fiscal year and $2.25 EPS for the next fiscal year.
Kennametal Stock Performance
Shares of NYSE:KMT opened at $30.03 on Wednesday. The company’s fifty day simple moving average is $30.44 and its 200 day simple moving average is $34.60. Kennametal has a 12 month low of $21.70 and a 12 month high of $43.81.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on KMT shares. DA Davidson dropped their price objective on shares of Kennametal from $34.00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Zacks Research cut shares of Kennametal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 14th. UBS Group reduced their price objective on Kennametal from $39.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, August 10th. Morgan Stanley downgraded Kennametal from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $31.00 to $27.00 in a report on Monday, August 10th. Finally, Weiss Ratings cut shares of Kennametal from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Five analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $33.50.
Read Our Latest Analysis on Kennametal
Insider Activity at Kennametal
In other news, VP Judith L. Bacchus sold 9,676 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $30.29, for a total value of $293,086.04. Following the transaction, the vice president owned 15,721 shares of the company’s stock, valued at $476,189.09. This represents a 38.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sanjay Chowbey bought 7,000 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was purchased at an average cost of $29.10 per share, with a total value of $203,700.00. Following the purchase, the chief executive officer owned 246,839 shares of the company’s stock, valued at $7,183,014.90. This represents a 2.92% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 1.65% of the company’s stock.
About Kennametal
Kennametal Inc (NYSE: KMT) is a global industrial technology company that develops and manufactures tooling, engineered components and wear-resistant solutions. Its products are designed to help customers improve productivity, durability and performance in demanding manufacturing and industrial applications.
The company’s offerings include metal-cutting tools and systems, tooling components, advanced materials, and products made with hard metals and other wear-resistant technologies. Kennametal also provides engineered solutions for applications such as machining, earthworks, energy production, transportation, aerospace, defense and general engineering.
Founded in 1938 by Philip M.
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