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How to Buy Kennametal Stock

Kennametal Inc

Kennametal is a tool & accessory company located in Pennsylvania, United States, which is part of the Industrials sector, and is traded under the ticker KMT on the NYSE exchange.

Kennametal stock last closed at $25.30, up 0.4% from the previous day, and has decreased 12.43% in one year. It has underperformed other stocks in the Tools & Accessories industry by 0.15 percentage points. Kennametal stock is currently +14.61% from its 52-week low of $22.08, and -17.32% from its 52-week high of $30.60.

At the moment, there are 78.67M KMT shares outstanding. The market value of KMT is $1.99B. In the past 24 hours, 954,864 KMT shares were traded.

How to Buy Kennametal Stock

Wondering how to invest in Kennametal stock? Here's how.
  1. Figure out where to buy Kennametal stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Kennametal stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your details.
  4. Evaluate Kennametal stock: The Kennametal ticker symbol is KMT. Is Kennametal stock a good investment? Should you buy shares of KMT? How do KMT's underlying business fundamentals look? Do top analysts think Kennametal is a good buy? Why has KMT's stock price moved recently? (Hint: Our stock market research tools can help you understand if KMT is a good stock to buy).
  5. Place your KMT buy order: Decide if you will purchase KMT shares at the current market price or use a limit order to purchase KMT shares at a particular price.
  6. Keep tabs on your KMT investment: Create a watchlist to key updates about your position in Kennametal stock.

Step 1: Figure out where to buy Kennametal stock

You need a brokerage account in order to access the NYSE market and buy KMT shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal information so you can invest in KMT stock today.

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Step 3: Deposit money your brokerage account

Now that you've filled out your info on stock market apps, your next step is to transfer the money for your investment:

Watch the tutorial below for more details depositing money into your new investment account.

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Step 4: Evaluate Kennametal stock

After you have identified the best place to buy Kennametal stock, it's critical to research their stock before you invest, so you actually understand the risk as well as the opportunity.

Kennametal Numbers

KMT Price
$25.30
1w %
10.92%
1y %
-12.43%
5y %
-25.28%
P/E
18.47x
P/B
1.57x
P/S
0.98x
PEG
1.12x
Revenue
$2.05B
Earnings
$108.57M
Fore. Rev. Growth
1.71%
Fore. Earn. Growth
18.38%
Market Cap
$1.99B
Next Earnings
Jul 30, 2024
Next Dividend
N/A

KMT Fundamentals

WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on KMT's stock page.

Is KMT stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge KMT's intrinsic value.

Using relative valuations metrics:

  • KMT could be undervalued based on its P/E ratio of 18.47x, relative to Tools & Accessories industry P/E ratio of -33.02x
  • KMT could be undervalued based on its P/B ratio of 1.57x, relative to Tools & Accessories industry P/B ratio of 2.79x
  • KMT may be overvalued based on its PEG ratio of 1.12x

You can access more valuation analysis on KMT's stock here.

A look at KMT Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the KMT balance sheet.
  • There are more short-term assets than short-term liabilities on the KMT balance sheet.
  • KMT's operating cash flow of $295.22M allows it to safely service it's debt of $656.44M.
  • KMT earnings of $159.13M is not enough to cover its interest payments.

Failed Financial Due Diligence Checks:

  • KMT has a relatively high debt to equity ratio of 0.96.
  • KMT profit margin has gone down from 6% to 5.3% in the past year.
  • Total KMT debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy Kennametal stock, according to analysts?

Out of 3 Wall Street analysts who give forecasts on KMT, the consensus analyst rating on Kennametal is a Sell

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Kennametal stock forecast page.

KMT Technical Indicators

SMA10
23.68
SMA20
23.54
SMA50
24.58
SMA100
24.47
SMA200
24.38
MACD
0.05
MACD Signal
-0.26
MACD Histogram
0.32
RSI
65.65
Stochastic %K
91.35
Stochastic %D
88.32
StochRSI %K
100
StochRSI %D
100

KMT Revenue

Last year, KMT earnings were $108.57M. During the last 5 year, KMT's earnings have gone up by -14.57% per year. This was slower than the Tools & Accessories industry average of 5.48%.

Last year, KMT revenue was $2.05B. During the last five year, KMT's revenue has grown by -3.21% per year. This was slower than the Tools & Accessories industry average of 6.54%.

Learn more about KMT's earnings and revenue performance here.

Latest Insiders Trades at KMT

Over the past 12 months, executives and large shareholders at KMT have bought more shares than they have sold.

John Wayne Witt, Vice President of KMT, was the latest KMT insider to sell. They sold $14,111.39 worth of KMT stock on Jun 13, 2024.

Learn more about who owns KMT stock here.

Can I rely on KMT as an income stream?

Kennametal pays a dividend of 3.16%, compared to the Tools & Accessories industry's average dividend yield of 2.1%. If you owned $1,000 worth of KMT stock, you would have received $31.62 in the past year.

Kennametal dividend payments have consistently grown over the past decade and have remained stable.

Find more info about Kennametal dividend yield and history here.

KMT Social Trading Data

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your KMT buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, use a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Keep tabs on your KMT investment

Now that you own some shares in KMT, you'll want to keep up with your company.

Add KMT to a watchlist to get notified of important updates regarding your KMT stock.

KMT Feed

How to Buy Stock in Kennametal

To summarize, here are the 6 steps for buying Kennametal stock:

  1. Figure out where to buy Kennametal stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Kennametal stock
  5. Place your KMT buy order
  6. Keep tabs on your KMT investment

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Kennametal, click below.

NYSE: KMT
$25.30+0.10 (+0.4%)
Updated Jul 17, 2024
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NYSE: KMT
$25.30+0.10 (+0.4%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Kennametal share?

As of Jul 17, 2024, it costs $25.30 to buy one share of Kennametal stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.395 shares of KMT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Kennametal stock?

According to 3 Wall Street analysts who monitor Kennametal, their consensus recommendation is to sell Kennametal stock.

What is the best way to buy Kennametal stock?

One way to place an order for Kennametal stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.