Previous Close | 24.86 |
Open | 24.83 |
Bid | 24.94 x 800 |
Ask | 25.46 x 800 |
Day's Range | 24.65 - 24.96 |
52 Week Range | 22.08 - 30.60 |
Volume | |
Avg. Volume | 643,014 |
Market Cap | 1.977B |
Beta (5Y Monthly) | 1.79 |
PE Ratio (TTM) | 16.52 |
EPS (TTM) | 1.51 |
Earnings Date | Apr 29, 2024 - May 03, 2024 |
Forward Dividend & Yield | 0.80 (3.21%) |
Ex-Dividend Date | Feb 12, 2024 |
1y Target Est | 25.29 |
Key Insights The projected fair value for Kennametal is US$33.12 based on 2 Stage Free Cash Flow to Equity Current...
Kennametal Inc. (NYSE: KMT) announced today that Sanjay Chowbey, currently Vice President, Kennametal Inc. and President, Metal Cutting Segment, will succeed Christopher Rossi as President & CEO. Rossi has decided to retire from the company after nearly seven years as CEO, effective May 31, 2024. Chowbey was unanimously appointed by the Board of Directors as Rossi's successor, effective June 1, 2024.
Lower volume in aerospace and defense end markets, and increasing costs are weighing on Kennametal (KMT). Unfavorable foreign currency movement is an added concern.