Kennametal (KMT)
NYSEIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-11-04
$26.28-13.92%
Close 2026-11-04 · 1-day change
NYSEIndustrialsManufacturing - Tools & AccessoriesSnapshot 2026-11-04
Research Workspace
Put KMT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Industrial Machinery & Supplies & Components is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Restore free cash flow through better working capital management: Comparison needs review.
View ThesisRevenue growth is accelerating — up about 32% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 46%, softest on free-cash-flow margins.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 1% on a typical day and fell roughly 39% in its worst 12-month stretch.
View RiskKennametal's margin expansion has to keep compounding to justify the price. Revenue grew 54% year over year in the latest quarter. The company beat its profit forecast by 30.8%. It trades at 3.4 times earnings versus a 24.5 peer median. The price reflects less growth than we forecast. The primary pillar for restoring free cash flow is under pressure. The thesis comparison is not yet verified. Peer multiples imply a price about 75% above where it trades. The thesis is on watch. This read is provisional.
Trailing returns as of 2026-11-04. KMT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 8 analysts currently covering KMT (as of Nov 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| KMT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 7 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Industrial Machinery & Supplies & Components — fair value, gap to price, and forward P/E.
Compare the value case
Put KMT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Increase operating income and improve margins
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Long-term margin targets confirm cost structure improvement path.
Advances: Increase operating income and improve margins
Q1 profit beat confirms margin improvement objective.
Rising tungsten prices may impact operating income and margins.
Threatens: Increase operating income and improve margins
Earnings surge indicates potential margin pressure.
CEO's stock purchase signals confidence in company performance.
Advances: Drive above-market sales growth and volume momentum
Strong Q2 results indicate above-market sales growth.
Threatens: Increase operating income and improve margins
Tungsten price impact may affect operating income and margins.
Advances: Drive above-market sales growth and volume momentum
Earnings beat and strong guidance support sales growth.