Kennametal Working Tools Direct From Pittsburgh

Assuming Kennametal's price will trade in the range of $35 to $55 next year, perhaps that $7.43 gain could be realized in the coming year and move KMT's current $40.83 price to $48.26 by late-August, 2019. 

KMT Dividends

Kennametal's most recent quarterly annually steady dividend was $0.20declared August 7th and payable August 28th.

At it's most recent quarterly pay rate, KMT's 2018 annual dividend is calculated at $0.80 yielding 1.96% at yesterday's closing $40.83 price.

Gains For KMT?

Adding the $0.80 estimated annual dividend to the $7.43 year over year price gain for KMT makes an $8.23gross annual per share gain, which will be reduced by costs to trade the shares.  

A little under $1,000.00 invested today at the $57.43 recent price buys 24 Kennametal Inc. (KMT) shares. 

A $10 broker fee paid half at purchase and half at sale costs about $0.42 per share, subtracting that $0.42 brokerage cost from the estimated $8.23 gross gain leaves a net gain of $7.81 X 24 shares = $187.44 or an 18.75% net gain on a $979.82 investment.

Therefore, Kennametal Inc. whose trading ticker symbol is KMT, now shows a possible 18.75% net gain including a 1.95% dividend yield. 

Twelve brokers cover this stock:

Three say "buy" KMT.

Seven say KMT is a stock to "hold".

One says KMT will "underperform" its peers.

One says "sell" KMT

So, the analyst consensus recommendation number is 2.75 or "hold".

The median price target set by those twelve brokers is $2.36 under the $48.26 year over year price target I named. 

Y Charts has data on KMT, also. Y Charts has rated KMT "neutral" for an overall "Y" rating; it has "good" for a value score, and "strong" for KMT's fundamental score. Y Charts rated Kennametal "7.4% over" for aHistoric Valuation score based on a historic $38.92 valuation per share.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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