Stock in the Wall Street Spotlight: Kennametal Inc. (NYSE:KMT)

Kennametal Inc. (NYSE:KMT) stock price sited at -25.08% from the 52 week high and situated at 22.09% from 52 week low. 573858 shares traded on hands while it’s an average volume stands with 986.74K shares. In last trading session, the stock received positive focus on shares from Traders. The stock has performed 0.54% and it registered share value at $39.35 in recent trade transaction. It has dividend yield of 2.03% and Payout Ratio is 41.60%.

Kennametal Inc. (NYSE:KMT) announced recently the election of Lorraine M. Martin to its board of directors, effective July 1, 2018. Ms. Martin recently retired as the executive vice president and deputy of Lockheed Martin Corporation’s Rotary and Mission Systems.

Ms. Martin joined Lockheed Martin in 1988 at Unisys Defense Systems as a program manager for computer security contracts for the Strategic Defense Initiative and YF-23 fighter. She also served as vice president of the C-130, C-5, and Flight Solutions programs. During her nearly 30-year tenure at the company, she took on roles with increasing responsibility most recently including executive vice president and general manager, F-35 lighting II program for Lockheed Martin Corporation’s Aeronautics company and vice president and deputy, F-35 program. Prior to that, Martin served as an officer in software intensive technology and development programs as part of the United States Air Force.

Chris Rossi, Kennametal president and CEO said “Lorraine’s experience spans more than 30 years in leadership, international business and manufacturing that will bring significant value to the transformation currently underway at Kennametal”.

William J. Harvey, Kennametal board member and chair of the nominating / corporate governance committee added “We are excited to welcome Lorraine to our board and look forward to the unique perspective she will bring from her knowledge in supply chain, aerospace and cyber”.

The stock remained 2.01% volatile in recent week and indicated 2.78% volatility in last month. The Company’s beta coefficient sits at 2.04. Beta factor measures the amount of market risk associated with market trade. Higher the beta discloses more riskiness and lower the beta lower the risk. ATR value of 1.07 measure stock volatility. The Average True Range is an exponential moving average (14-days) of the True Ranges.

PROFITABILITY RATIOS: The company’s net profit margin is 6.80%. It measures how much out of every dollar of sales a company actually keeps in earnings. Gross Margin is observed at 34.00% and Operating Margin is seen at 10.90%. Return on Assets (ROA) an indicator of how profitable a company is relative to its total assets, is 6.30%. Return on Equity (ROE) is 14.20% and Return on Investment (ROI) is 4.80%.

PERFORMANCE WATCH:

Kennametal Inc. (KMT) has year to date performance of -18.72% and weekly performance of -0.96%. The stock has been moved at -12.05% over the last six months and 1.42% throughout last twelve months. The stock has performed 4.96% around last thirty days, and changed -10.53% over the last three months.

ANALYSTS VIEWS: The current analyst consensus rating clocked at 2.4 on company shares based on data provided from FINVIZ. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Analysts expected the stock to attain $49.58 price in coming 52-week period.

  • Jeffrey Peterson
    Jeffrey Peterson a blogger and press writer, has worked on topics like earnings reports, hot stocks and market news. He is an experienced professional with 10+ years in research, analysis and reporting. He enjoys taking complex ideas and translating them into content aimed at the general public. He has personal interests in health, fitness, animal care, gardening, travel, world politics, and current social issues, but always willing to learn something new. Jeffrey has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. He covers articles for Technology category. Email Contact: Jeffrey@stockdigest.info

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