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Kennametal (NYSE:KMT – Get Rating) had its price target lifted by analysts at BMO Capital Markets from $25.00 to $27.50 in a report issued on Monday, The Fly reports. BMO Capital Markets’ price objective would suggest a potential upside of 7.09% from the stock’s previous close. KMT has been the subject of several other reports. […]
Kennametal Inc. (NYSE:KMT – Get Rating) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 6,180,000 shares, a growth of 46.4% from the April 15th total of 4,220,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover […]
Kennametal Inc. (NYSE:KMT – Get Rating) declared a quarterly dividend on Monday, May 1st, investing.com reports. Stockholders of record on Tuesday, May 9th will be given a dividend of 0.20 per share by the industrial products company on Tuesday, May 23rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of […]
Kennametal (NYSE:KMT – Get Rating) announced its quarterly earnings results on Monday. The industrial products company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.05, Briefing.com reports. Kennametal had a return on equity of 10.26% and a net margin of 6.25%. The firm had revenue of $536.04 million […]
Kennametal Inc. (NYSE:KMT – Get Rating) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 4,220,000 shares, a decrease of 7.0% from the March 31st total of 4,540,000 shares. Based on an average trading volume of 959,400 shares, the short-interest ratio is currently […]