Kennametal Quarterly Earnings Reported As $0.14

Kennametal (KMT) announced its quarterly earnings results on Tuesday, Nov-3-2015. The company reported $0.14 Earnings Per Share for the quarter, missing the analyst consensus estimate by $-0.08. Analyst had a consensus of $0.22 EPS. The company had revenue of $555.00 million for the quarter, compared to analysts expectations of $572.15 million.The company’s revenue was down -20.1% compared to the same quarter last year. During the same quarter in the previous year, Kennametal posted $0.56 EPS.

Kennametal Inc. (NYSE:KMT) : On Friday heightened volatility was witnessed in Kennametal Inc. (NYSE:KMT) which led to swings in the share price. The shares opened for trading at $27.82 and hit $28.25 on the upside , eventually ending the session at $28.12, with a gain of 1.44% or 0.4 points. The heightened volatility saw the trading volume jump to 1,347,767 shares. The 52-week high of the share price is $40.95 and the company has a market cap of $2,233 million. The 52-week low of the share price is at $23.77 .

Kennametal Inc. has dropped 9.44% during the last 3-month period . Year-to-Date the stock performance stands at -20.14%.Shares of Kennametal Inc. (NYSE:KMT) rose by 2.03% in the past week and 7.82% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 1.83% and the outperformance increases to 1.18% for the last 4 weeks.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange,The director of Kennametal Inc, Stranghoener Lawrence W sold 6,160 shares at $37.1 on May 20, 2015. The Insider selling transaction had a total value worth of $228,536. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 3% of Kennametal Inc. shares according to the proxy statements. Institutional Investors own 97.78% of Kennametal Inc. shares.

Kennametal Inc. (Kennametal) is a supplier of tooling, engineered components and advanced materials consumed in production processes. It operates in two segments: Industrial and Infrastructure. The Company’s product offering includes a wide selection of standard and customized technologies for metalworking, such as metal cutting tools, tooling systems and services, as well as advanced, materials, such as cemented tungsten carbide products, super alloys, coatings and investment castings to address customer demands. The Company specializes in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings using specialized types of powder metallurgy. The Company’s metalworking tools are made of cemented tungsten carbides, ceramics, cermets and super-hard materials. In November 2013, Allegheny Technologies Inc has completed the sale of its tungsten materials business to Kennametal Inc.

 

Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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Commodity Index of Ammonium Paratungstate is 37.02 on November 3

Commodity Index of Ammonium Paratungstate is 37.02 on November 3, 0.71 lower than yesterday, which make a historical new low record in cycle, compared with the highest point of 100.00 points on September 1, 2011 decreased by 62.98%.

Commodity Index of Paratungstate

Date

08-05

08-14

08-23

09-01

09-10

09-19

09-28

10-07

10-16

10-25

11-03

Commodity Index

46.04

45.04

44.89

43.40

43.15

42.81

42.30

42.30

38.98

38.30

37.02

 

Commodity Index of Paratungstate is 37.73 on November 2

Commodity Index of Paratungstate is 37.73 on November 2, unchanged from yesterday, which make a historical new low record in cycle, compared with the highest point of 100.00 points on September 1, 2011 decreased by 62.27%.

Commodity Index of Paratungstate

Date

08-04

08-13

08-22

08-31

09-09

09-18

09-27

10-06

10-15

10-24

11-02

Commodity Index 

46.04

45.04

44.89

43.83

43.15

42.81

42.30

42.30

39.74

38.30

37.73


 

Tungsten Oxide, Tungsten Powder Manufacturer & Supplier: Chinatungsten Online - www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Commodity Index of Paratungstate is 37.73 on November 1

Commodity Index of Paratungstate is 37.73 on November 1, unchanged from yesterday, which make a historical new low record in cycle, compared with the highest point of 100.00 points on September 1, 2011 decreased by 62.27%.

Date

08-03

08-12

08-21

08-30

09-08

09-17

09-26

10-05

10-14

10-23

11-01

Commodity Index

46.04

45.04

44.89

43.83

43.15

42.89

42.30

42.30

39.74

38.30

37.73


 

Tungsten Oxide, Tungsten Powder Manufacturer & Supplier: Chinatungsten Online - www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten Polymer Radiation Shielding Advantages

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Tungsten polymer, such as nylons, urethanes and thermoplastic elastomers, having tungsten content ranging from 65% to 80% by weight, has many advantages to support its radiation shielding application:

Read more...

Commodity Index of Paratungstate is 37.73 on October 28

Commodity Index of Paratungstate is 37.73 on October 28, 0.57 lower than yesterday, which make a historical new low record in cycle, compared with the highest point of 100.00 points on September 1, 2011 decreased by 62.27%.

Date

07-30

08-08

08-17

08-26

09-04

09-13

09-22

10-01

10-10

10-19

10-28

Commodity Index 

46.04

45.04

45.04

43.83

43.40

43.15

42.81

42.30

41.45

38.98

37.73


 

Tungsten Oxide, Tungsten Powder Manufacturer & Supplier: Chinatungsten Online - www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Commodity Index of Paratungstate is 38.30 on October 26

Commodity Index of Paratungstate is 38.30 on October 26, unchanged from yesterday, which make a historical new low record in cycle, compared with the highest point of 100.00 points on September 1, 2011 decreased by 61.70%.

Date

07-28

08-06

08-15

08-24

09-02

09-11

09-20

09-29

10-08

10-17

10-26

Commodity Index

49.43

46.04

45.04

44.18

43.40

43.15

42.81

42.30

42.30

38.98

38.30


 

Tungsten Oxide, Tungsten Powder Manufacturer & Supplier: Chinatungsten Online - www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Commodity Index of Paratungstate is 38.30 on October 25

Commodity Index of Paratungstate is 38.30 on October 25, unchanged from yesterday, which make a historical new low record in cycle, compared with the highest point of 100.00 points on September 1, 2011 decreased by 61.70%.

Date

07-27

08-05

08-14

08-23

09-01

09-10

09-19

09-28

10-07

10-16

10-25

Commodity Index 

49.43

46.04

45.04

44.89

43.40

43.15

42.81

42.30

42.30

38.98

38.30


 

Tungsten Oxide, Tungsten Powder Manufacturer & Supplier: Chinatungsten Online - www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Commodity Index of Paratungstate is 38.38 on October 21

Commodity Index of Paratungstate is 38.38 on October 21, unchanged from yesterday, which make a historical new low record in cycle, compared with the highest point of 100.00 points on September 1, 2011 decreased by 61.62%.

                      

Date

07-23

08-01

08-10

08-19

08-28

09-06

09-15

09-24

10-03

10-12

10-21

Commodity Index 

49.43

46.04

45.04

44.89

43.83

43.40

43.06

42.64

42.30

41.45

38.38


 

Tungsten Oxide, Tungsten Powder Manufacturer & Supplier: Chinatungsten Online - www.tungsten-powder.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Zacks Short Term Rating on Kennametal Inc.

Research firm Zacks has rated Kennametal Inc. (NYSE:KMT) and has ranked it at 4, indicating that for the short term the shares are a sell. 9 Wall Street analysts have given the company an average rating of 2.22. The shares have received a hold rating based on the suggestion from 5 analysts in latest recommendations. Strong buy was given by 3 Wall Street Analysts. The shares had a buy rating from 1 analysts.
 
Kennametal Inc. (NYSE:KMT) stock has received a short term price target of $ 35.71 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $6.95. The higher estimate of target price is $46 , while the lower price target estimate is $26
 
Many analysts have commented on the company rating. Major Brokerage house, Bank of America downgrades its ratings on Kennametal Inc. (NYSE:KMT). According to the information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on October 2, 2015.
 
Kennametal Inc. (NYSE:KMT) rose 1.7% or 0.44 points on Tuesday and made its way into the gainers of the day. After trading began at $25.75 the stock was seen hitting $26.635 as a peak level and $25.69 as the lowest level. The stock ended up at $26.39. The daily volume was measured at 460,841 shares. The 52-week high of the share price is $42.18 and the 52-week low is $23.77. The company has a market cap of $2,096 million.
 
The company shares have dropped -35.03% from its 1 Year high price. On Oct 29, 2014, the shares registered one year high at $42.18 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $27.23 and the 200 Day Moving Average price is recorded at $32.31.
 
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Kennametal Inc, Stranghoener Lawrence W had sold 6,160 shares worth of $228,536 in a transaction dated May 20, 2015. In this transaction, 6,160 shares were sold at $37.1 per share.
 
Kennametal Inc. (Kennametal) is a supplier of tooling, engineered components and advanced materials consumed in production processes. It operates in two segments: Industrial and Infrastructure. The Companys product offering includes a wide selection of standard and customized technologies for metalworking, such as metal cutting tools, tooling systems and services, as well as advanced, materials, such as cemented tungsten carbide products, super alloys, coatings and investment castings to address customer demands. The Company specializes in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings using specialized types of powder metallurgy. The Companys metalworking tools are made of cemented tungsten carbides, ceramics, cermets and super-hard materials. In November 2013, Allegheny Technologies Inc has completed the sale of its tungsten materials business to Kennametal Inc.
 
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Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
 

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