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Last €25.05 EUR
Change Today +0.80 / 3.29%
Volume 0.0
KM3 On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 3:01 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

kennametal inc (KM3) Snapshot

Open
€25.18
Previous Close
€24.25
Day High
€25.18
Day Low
€25.05
52 Week High
05/5/15 - €35.46
52 Week Low
08/26/15 - €23.54
Market Cap
2.0B
Average Volume 10 Days
25.0
EPS TTM
--
Shares Outstanding
79.4M
EX-Date
08/7/15
P/E TM
--
Dividend
€0.82
Dividend Yield
2.58%
Current Stock Chart for KENNAMETAL INC (KM3)

kennametal inc (KM3) Related Businessweek News

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kennametal inc (KM3) Details

Kennametal Inc. manufactures and supplies tooling, engineered components, and advanced materials consumed in production processes worldwide. It operates through two segments, Industrial and Infrastructure. The company offers standard and customized technologies for metalworking, such as metal cutting tools, tooling systems and services, and materials, including cemented tungsten carbide products, super alloys, coatings, and investment castings. It also manufactures and markets a line of tool holders, tool-holding systems, and rotary-cutting tools by machining and fabricating steel bars and other metal alloys. In addition, the company produces compacts and metallurgical powders; products made from tungsten carbide or other hard materials that are used for custom-engineered and applications, including mining and highway construction; and engineered components and surface technology solutions with proprietary metal cladding capabilities, as well as process technology and materials that focus on component deburring, polishing, and effecting controlled radii. Its Industrial segment serves customers primarily in the transportation, general engineering, aerospace, and defense markets, as well as the machine tool industry; and offers its products and services for use in the manufacture of engines, airframes, automobiles, trucks, ships, and various types of industrial equipment. The company’s Infrastructure segment serves customers in energy and earthworks sectors that support primary industries, such as oil and gas; power generation and chemicals; underground, and surface and hard-rock mining; highway construction and road maintenance; and food and beverage. Kennametal Inc. sells its products through its direct sales force, as well as through a network of independent distributors and sales agents, integrated supply channels, and Internet. Kennametal Inc. was founded in 1938 and is headquartered in Latrobe, Pennsylvania.

12,718 Employees
Last Reported Date: 08/13/15
Founded in 1938

kennametal inc (KM3) Top Compensated Officers

Chief Information Officer and Vice President
Total Annual Compensation: $427.0K
Chief Marketing Officer and Vice President
Total Annual Compensation: $396.1K
Vice President of Special Projects
Total Annual Compensation: $444.0K
Vice President of Integrated Supply Chain & L...
Total Annual Compensation: $318.7K
Compensation as of Fiscal Year 2014.

kennametal inc (KM3) Key Developments

Kennametal Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2015; Declares Quarterly Cash Dividend, Payable August 26, 2015; Provides Earnings Guidance for the First Half and Full Year 2016

Kennametal Inc. announced that its board of directors declared a quarterly cash dividend of $0.20 per share, which represents an increase of 11%, or $0.02 per share. The dividend is payable August 26, 2015 to shareholders of record as of the close of business on August 11, 2015. The company announced unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2015. For the quarter, Sales were $637,653,000 against $772,204,000 a year ago. Operating income was $35,320,000 against $78,057,000 a year ago. Income from continuing operations before income taxes was $29,488,000 against $68,340,000 a year ago. Net income was $22,167,000 against $47,479,000 a year ago. Net income attributable to the company was $21,146,000 against $45,455,000 a year ago. Diluted earnings per share were $0.26 against $0.57 a year ago. Adjusted earnings per diluted share (EPS) were $0.46 against $0.79 a year ago. The company realized record free operating cash flow of $267 million compared with $156 million last year despite the unfavorable impact of challenging end markets to cash earnings. Adjusted sales were $637,653,000 against $772,204,000 a year ago. Adjusted operating income was $56,316,000 against $95,447,000 a year ago. Adjusted net income was $36,868,000 was $62,850,000 a year ago. For the six months, Sales were $2,647,195,000 against $2,837,190,000 a year ago. Operating loss was $357,823,000 against operating income of $263,432,000 a year ago. Loss from continuing operations before income taxes was $387,615,000 against income from continuing operations before income taxes of $228,809,000 a year ago. Net loss was $370,961,000 against net income of $162,198,000 a year ago. Net loss attributable to the company was $373,896,000 against Net income attributable to the company $158,366,000 a year ago. Diluted loss per share was $4.71 against earnings per share of $1.99 a year ago. Adjusted earnings per diluted share (EPS) were $2.02 against $2.53 a year ago. Adjusted sales were $2,647,195,000 against $2,837,190,000 a year ago. Adjusted operating income was $241,979,000 against $306,611,000 a year ago. Adjusted net income was $160,009,000 was $201,665,000 a year ago. Free operating cash flow was $266,620,000 against $155,733,000 a year ago. Net cash flow from operating activities was $351,437,000 against $271,873,000 a year ago. The company provided earnings guidance for the first half and full year 2016. For the fiscal year 2016, the company expects organic sales decline ranging from 1% to 3%, with total sales decline between 7% and 9%. The company announced fiscal 2016 EPS range of $1.70 to $2.00. The company expects to generate cash flow from operating activities in the range of $275 million to $310 million. Based on anticipated capital expenditures of approximately $160 million to $175 million, the company expects to generate free operating cash flow in the range of $115 million to $135 million. The primary driver of the planned decrease in free operating cash flow is increased capital expenditures. The effective tax rate for fiscal 2016 is forecast to be approximately 24% to 26%. Again, this guidance includes the benefits of restructuring programs but does not include any cost of restructuring programs or potential portfolio actions, which could represent $150 million to $250 million of sales. The company is also expecting the first half will have a higher tax rate than the full year.

Kennametal Inc., Q4 2015 Earnings Call, Jul 30, 2015

Kennametal Inc., Q4 2015 Earnings Call, Jul 30, 2015

Kennametal Inc. to Reduce its Manufacturing Footprint by 20% to 25%

Through a series of closures and divestments, Kennametal Inc. will reduce its manufacturing footprint by 20% to 25% in the next several years. Speaking on a conference call with industry analysts, the company said that it has identified the potential to divest $150 million to $400 million in annual sales.

 

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KM3

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Valuation KM3 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 1.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x
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