Stock price performance of Kennametal Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 10.93% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 31.4% . Looking at the past 52 week period, the stock price is up at 99.68% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Kennametal Inc. has a positive value of 39 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 8.01% and the 50-Day Moving Average is 8.12%.The 200 Day SMA reached 31.51%
Kennametal Inc. is having a Relative Strength Index of 67.52 which indicates the stock is not yet over sold or over bought based on the technical indicators. Kennametal Inc. (NYSE:KMT) has climbed 4.23% in the past week and advanced 17.85% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.1% and the outperformance has advanced to 16.8% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Judith L Bacchus (Vice President) sold 4,000 shares at 33.92 per share price.On Jun 14, 2016, William J. Harvey (director) purchased 517 shares at 24.10 per share price.On Feb 11, 2016, Ronald M Defeo (CEO) purchased 14,280 shares at 17.46 per share price.
Kennametal Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.21. The company had revenue of $487.60 million for the quarter, compared to analysts expectations of $487.58 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.14 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Kennametal was Upgraded by JP Morgan to Neutral on Feb 3, 2017. Company shares were Upgraded by Seaport Global Securities on Feb 3, 2017 to Buy, Raises Price Target to $ 50 from a previous price target of $28 .Kennametal was Upgraded by BofA/Merrill to Neutral on Jan 13, 2017. Kennametal was Upgraded by KeyBanc Capital Mkts to Overweight on Jan 10, 2017. Kennametal was Downgraded by JP Morgan to Underweight on Dec 9, 2016.
Kennametal Inc. (NYSE:KMT) : On Friday heightened volatility was witnessed in Kennametal Inc. (NYSE:KMT) which led to swings in the share price. The stock opened for trading at $37.69 and hit $38.09 on the upside , eventually ending the session at $37.96, with a gain of 3.41% or 1.25 points. The heightened volatility saw the trading volume jump to 1,700,322 shares. The 52-week high of the share price is $38.49 and the company has a market cap of $3,034 million. The 52-week low of the share price is at $16.39 .
Kennametal Inc. is a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. The company improves customers competitiveness by providing superior economic returns through the delivery of application knowledge and advanced technology to master the toughest of materials application demands. Companies producing everything from airframes to coal, from medical implants to oil wells and from turbochargers to motorcycle parts recognize Kennametal for extraordinary contributions to their value chains.