KENNAMETAL INC (KMT) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does KENNAMETAL INC Do?
Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications to enable customers work against corrosion and high temperatures conditions worldwide. It operates through two segments, Metal Cutting and Infrastructure. The company offers standard and custom products, including turning, milling, hole making, tooling systems, and services, as well as specialized wear components and metallurgical powders for manufacturers engaged in various industries, such as the manufacturers of transportation vehicles and components, machine tools, and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. It also provides specified product design, selection, application, and support services; and standard and custom metal cutting solutions to aerospace, general engineering, energy, and transportation customers. In addition, the company produces compacts, nozzles, frac seats, and custom components used in oil and gas, and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling, and road milling; tungsten carbide and specialty alloy powders for the oil and gas, aerospace, and process industries; and ceramics used by the packaging industry for metallization of films and papers. It provides its products under the Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD brands through its direct sales force; a network of independent and national distributors; integrated supplier channels; and through the Internet. Kennametal Inc. was founded in 1938 and is based in Pittsburgh, Pennsylvania. KENNAMETAL INC (KMT) is classified as a mid-cap stock in the Industrials sector, specifically within the Machinery industry. The company is led by CEO Christopher Rossi and employs approximately 8,730 people, headquartered in Latrobe, Pennsylvania. With a market capitalization of $2.9B, KMT is one of the notable companies in the Industrials sector.
KENNAMETAL INC (KMT) Stock Rating — Hold (April 2026)
As of April 2026, KENNAMETAL INC receives a Hold rating with a composite score of 52.3/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.KMT ranks #991 out of 4,446 stocks in our coverage universe. Within the Industrials sector, KENNAMETAL INC ranks #173 of 754 stocks, placing it in the top quartile of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
KMT Stock Price and 52-Week Range
KENNAMETAL INC (KMT) currently trades at $38.52. The stock lost $0.33 (0.8%) in the most recent trading session. The 52-week high for KMT is $42.03, which means the stock is currently trading -8.4% from its annual peak. The 52-week low is $17.30, putting the stock 122.7% above its annual trough. Recent trading volume was 18K shares, suggesting relatively thin trading activity.
Is KMT Overvalued or Undervalued? — Valuation Analysis
KENNAMETAL INC (KMT) carries a value factor score of 46/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 26.44x, compared to the Industrials sector average of 30.21x — a discount of 12%. The price-to-book ratio stands at 2.18x, versus the sector average of 2.25x. The price-to-sales ratio is 1.48x, compared to 0.51x for the average Industrials stock. On an enterprise value basis, KMT trades at 17.84x EV/EBITDA, versus 5.94x for the sector.
Overall, KMT's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
KENNAMETAL INC Profitability — ROE, Margins, and Quality Score
KENNAMETAL INC (KMT) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 8.3%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 4.3% versus the sector average of 3.3%.
On a margin basis, KENNAMETAL INC reports gross margins of 31.5%, compared to 35.8% for the sector. The operating margin is 8.3% (sector: 6.2%). Net profit margin stands at 5.6%, versus 3.7% for the average Industrials stock. Revenue growth is running at 9.9% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
KMT Debt, Balance Sheet, and Financial Health
KENNAMETAL INC has a debt-to-equity ratio of 91.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 2.55x, indicating strong short-term liquidity.
KMT has a beta of 0.90, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for KENNAMETAL INC is 61/100, reflecting average volatility within the normal range for its sector.
KENNAMETAL INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, KENNAMETAL INC reported revenue of $2.00B and earnings per share (EPS) of $0.44. Net income for the quarter was $112M. Gross margin was 31.5%. Operating income came in at $166M.
In Q2 2026, KENNAMETAL INC reported revenue of $530M and earnings per share (EPS) of $0.44. Net income for the quarter was $35M. Gross margin was 32.8%. Revenue grew 9.8% year-over-year compared to Q2 2025. Operating income came in at $53M.
In Q1 2026, KENNAMETAL INC reported revenue of $498M and earnings per share (EPS) of $0.31. Net income for the quarter was $25M. Gross margin was 31.0%. Revenue grew 3.3% year-over-year compared to Q1 2025. Operating income came in at $38M.
In FY 2025, KENNAMETAL INC reported revenue of $1.97B and earnings per share (EPS) of $1.21. Net income for the quarter was $99M. Gross margin was 30.4%. Revenue grew -3.9% year-over-year compared to FY 2024. Operating income came in at $143M.
Over the past 8 quarters, KENNAMETAL INC has experienced revenue contraction from $2.05B to $2.00B. Investors analyzing KMT stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
KMT Dividend Yield and Income Analysis
KENNAMETAL INC (KMT) currently pays a dividend yield of 3.8%. At this yield, a $10,000 investment in KMT stock would generate approximately $$382.00 in annual dividend income. The net margin of 5.6% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.
KMT Momentum and Technical Analysis Profile
KENNAMETAL INC (KMT) has a momentum factor score of 71/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 29/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 35/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
KMT vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, KENNAMETAL INC (KMT) ranks #173 out of 754 stocks based on the Blank Capital composite score. This places KMT in the top quartile of all Industrials stocks in our coverage universe. Key competitors and sector peers include Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, Scorpio Tankers Inc. (STNG) with a score of 63.4/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.8/100, TEEKAY TANKERS LTD. (TNK) with a score of 62.2/100, and Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.8/100.
Comparing KMT against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full KMT vs S&P 500 (SPY) comparison to assess how KENNAMETAL INC stacks up against the broader market across all factor dimensions.
KMT Next Earnings Date
No upcoming earnings date has been announced for KENNAMETAL INC (KMT) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy KMT? — Investment Thesis Summary
KENNAMETAL INC presents a balanced picture with arguments on both sides. Price momentum is positive at 71/100, suggesting the trend favors buyers. Low volatility (stability score 61/100) reduces downside risk.
In summary, KENNAMETAL INC (KMT) earns a Hold rating with a composite score of 52.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on KMT stock.
Related Resources for KMT Investors
Explore more research and tools: KMT vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare KMT head-to-head with peers: KMT vs TPH, KMT vs STNG, KMT vs TEN.