Wall Street analyst estimates for Kennametal Inc. (KMT): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Kennametal Inc. is a global leader in developing and applying cutting-edge materials, including tungsten carbides, ceramics, and super-hard compounds. Their core mission is to provide robust solutions for demanding industrial applications, specifically in metal cutting and environments prone to extreme wear, high temperatures, and corrosion, serving clients worldwide. The company's operations are structured into two primary segments: Metal Cutting and Infrastructure.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $3.4B | $3.3B – $3.5B | $4.96 | 6 |
| 2028E | $3.5B | $3.4B – $3.6B | $2.33 | 5 |
Fiscal year ending in June · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 5 |
| Hold | 13 |
| Sell | 6 |
| Strong Sell | 0 |
| Total analysts | 24 |
| Avg rating (−2 sell to +2 buy) | -0.04 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $2.65 | ||
| 2026-08-05 | $2.96 | $2.31 | +28.1% |
| 2026-05-06 | $0.77 | $0.68 | +13.2% |
| 2026-02-04 | $0.47 | $0.35 | +34.3% |
| 2025-11-05 | $0.34 | $0.24 | +41.7% |
| 2025-08-06 | $0.34 | $0.40 | -15.0% |
| 2025-05-07 | $0.47 | $0.26 | +80.8% |
| 2025-02-05 | $0.25 | $0.27 | -7.4% |
Valuation Ratios
| P/E Ratio | 6.98 |
| Price / Book | 1.49 |
| Dividend Yield | 2.60% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.06B | $2.37B | $2.38B | $1.89B | $1.84B | $2.01B | $2.08B | $2.05B | $1.97B | $2.36B |
| Cost of Revenue | $1.40B | $1.54B | $1.54B | $1.36B | $1.29B | $1.36B | $1.43B | $1.42B | $1.37B | $1.39B |
| Gross Profit | $657.7M | $832.3M | $831.5M | $529.5M | $552.5M | $648.0M | $646.4M | $627.1M | $598.1M | $970.0M |
| Research & Development | $38.0M | $38.9M | $39.0M | 0 | $39.5M | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $421.7M | $463.8M | $434.9M | 0 | $393.5M | 0 | 0 | 0 | 0 | $479.0M |
| Operating Expenses | $479.7M | $512.8M | $488.6M | $507.2M | $450.3M | $429.8M | $454.0M | $456.9M | $454.9M | $497.4M |
| Operating Income | $112.9M | $307.6M | $328.9M | $22.3M | $102.2M | $218.1M | $192.4M | $170.2M | $143.1M | $472.5M |
| EBITDA | $220.6M | $432.2M | $456.3M | $157.0M | $237.5M | $364.3M | $322.1M | $305.6M | $293.4M | $633.0M |
| Interest Expense | $28.8M | $30.1M | $33.0M | $35.2M | $46.4M | $25.9M | $28.5M | $26.5M | $24.9M | $28.6M |
| Pre-tax Income | $81.9M | $275.0M | $311.2M | $2.0M | $64.7M | $206.7M | $159.6M | $144.4M | $132.0M | $461.3M |
| Income Tax | $29.9M | $70.0M | $63.4M | $7.0M | $6.2M | $56.5M | $36.3M | $30.8M | $33.3M | $110.9M |
| Net Income | $49.1M | $200.2M | $241.9M | -$5.7M | $54.4M | $144.6M | $118.5M | $109.3M | $93.1M | $342.4M |
| EPS | $0.61 | $2.45 | $2.94 | -$0.06 | $0.65 | $1.74 | $1.47 | $1.38 | $1.21 | $4.49 |
| EPS (Diluted) | $0.61 | $2.42 | $2.90 | -$0.06 | $0.65 | $1.72 | $1.46 | $1.37 | $1.20 | $4.42 |
| Shares Outstanding (Diluted) | 81.2 M | 82.8 M | 83.3 M | 83.0 M | 84.3 M | 83.9 M | 81.4 M | 80.0 M | 77.9 M | 77.4 M |
Price
| Price | $30.72 (closing price, November 2, 2026) |
| Market Cap | $2.3B |
| Exchange | NYSE |
| Country | US |
Related companies: ARCB · CECO · HLIO · PBI
Explore sector: Industrials · Manufacturing - Tools & Accessories
More sections of KMT: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks