| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 495.3MM | +1% |
| Gross Profit | 139.6MM | -14% |
| Cost Of Revenue | 355.7MM | +8% |
| Operating Income | 28.5MM | -37% |
| Operating Expenses | 107.3MM | -4% |
| Net Income | 23.1MM | -23% |
| Amortization | 2.7MM | -10% |
| Interest Expense | 6.8MM | +4% |
| Restructuring & Acquisition | 1MM | -67% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Heartland Advisors, an investment management company, released its “Heartland Value Plus Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the strategy returned 1.5% underperforming the Russell 2000 Small-Cap Value Index’s 2.9% returns. The underperformance was due to the stock selection in Health Care, Information Technology, […]
Kennametal (KMT) is set to benefit from the solid momentum in the Metal Cutting segment and innovation capabilities. However, weakness in the Infrastructure segment remains a concern.
Kennametal (NYSE:KMT) has had a rough month with its share price down 3.1%. We decided to study the company's...
Key Insights The projected fair value for Kennametal is US$33.12 based on 2 Stage Free Cash Flow to Equity Current...
Kennametal Inc. (NYSE: KMT) announced today that Sanjay Chowbey, currently Vice President, Kennametal Inc. and President, Metal Cutting Segment, will succeed Christopher Rossi as President & CEO. Rossi has decided to retire from the company after nearly seven years as CEO, effective May 31, 2024. Chowbey was unanimously appointed by the Board of Directors as Rossi's successor, effective June 1, 2024.
Lower volume in aerospace and defense end markets, and increasing costs are weighing on Kennametal (KMT). Unfavorable foreign currency movement is an added concern.
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Kennametal Inc. (NYSE: KMT) announced today that Katie Myers, Product Manager, Marketing and Zhuqing Wang, Staff Engineer, Materials Science have been recognized as a 2024 Emerging Leader and Women MAKE Award Honoree respectively by The Manufacturing Institute.
Kennametal Inc. (NYSE: KMT) announced today that they will attend the J.P. Morgan Industrials Conference in New York City.
The second-quarter results for Kennametal Inc. ( NYSE:KMT ) were released last week, making it a good time to revisit...