WallStreetZenWallStreetZen

NYSE: KMT
Kennametal Inc Stock Forecast, Predictions & Price Target

Analyst price target for KMT

Based on 4 analysts offering 12 month price targets for Kennametal Inc.
Min Forecast
$23.00-7.48%
Avg Forecast
$24.00-3.46%
Max Forecast
$25.00+0.56%

Should I buy or sell KMT stock?

Based on 4 analysts offering ratings for Kennametal Inc.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
2 analysts 50%

Be the first to know when Wall Street analysts revise their KMT stock forecasts and price targets.

KMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-01-08
lockedlocked$00.00+00.00%2023-11-02

1 of 1

Forecast return on equity

Is KMT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
21.34%

Forecast return on assets

Is KMT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

KMT revenue forecast

What is KMT's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.0B-1.25%
Avg 2 year Forecast
$2.1B+1.47%
Avg 3 year Forecast
$2.1B+3.62%
KMT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

KMT earnings growth forecast

How is KMT forecast to perform vs Tools & Accessories companies and vs the US market?
Company
34.96%
Industry
10.09%
Market
28.66%
KMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
KMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
KMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

KMT revenue growth forecast

How is KMT forecast to perform vs Tools & Accessories companies and vs the US market?
Company
0.66%
Industry
1.61%
Market
9.63%
KMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
KMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

KMT vs Tool & Accessory Stocks

TickerPricePrice TargetUp/downsideConsensus
KMT$24.86$24.00-3.46%Sell
HLMN$10.66$11.50+7.88%Strong Buy
EML$34.20N/AN/A
SCX$15.90N/AN/A
CVR$16.38N/AN/A

Kennametal Stock Forecast FAQ

Is Kennametal Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: KMT) stock is to Sell KMT stock.

Out of 4 analysts, 0 (0%) are recommending KMT as a Strong Buy, 0 (0%) are recommending KMT as a Buy, 2 (50%) are recommending KMT as a Hold, 0 (0%) are recommending KMT as a Sell, and 2 (50%) are recommending KMT as a Strong Sell.

If you're new to stock investing, here's how to buy Kennametal stock.

What is KMT's revenue growth forecast for 2024-2026?

(NYSE: KMT) Kennametal's forecast annual revenue growth rate of 0.66% is not forecast to beat the US Tools & Accessories industry's average forecast revenue growth rate of 1.61%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Kennametal's revenue in 2024 is $2,074,067,000.On average, 3 Wall Street analysts forecast KMT's revenue for 2024 to be $162,360,922,381, with the lowest KMT revenue forecast at $161,827,674,557, and the highest KMT revenue forecast at $162,752,118,755. On average, 4 Wall Street analysts forecast KMT's revenue for 2025 to be $166,827,853,866, with the lowest KMT revenue forecast at $161,879,992,613, and the highest KMT revenue forecast at $172,387,994,915.

In 2026, KMT is forecast to generate $170,364,713,000 in revenue, with the lowest revenue forecast at $167,287,222,253 and the highest revenue forecast at $173,442,283,016.

What is KMT's forecast return on assets (ROA) for 2024-2026?

(NYSE: KMT) forecast ROA is N/A, which is lower than the forecast US Tools & Accessories industry average of N/A.

What is KMT's Price Target?

According to 4 Wall Street analysts that have issued a 1 year KMT price target, the average KMT price target is $24.00, with the highest KMT stock price forecast at $25.00 and the lowest KMT stock price forecast at $23.00.

On average, Wall Street analysts predict that Kennametal's share price could fall to $24.00 by Feb 8, 2025. The average Kennametal stock price prediction forecasts a potential downside of 3.46% from the current KMT share price of $24.86.

What is KMT's forecast return on equity (ROE) for 2024-2026?

(NYSE: KMT) forecast ROE is N/A, which is considered weak.
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.