On November 22, 2024, John Witt, Vice President of Kennametal Inc, executed a sale of 1,765 shares of Kennametal Inc (KMT, Financial). Following this transaction, the insider now holds 1,642 shares of the company. The details of this transaction can be found in the SEC Filing.
Kennametal Inc is a global leader in the development and application of tungsten carbides, ceramics, and super-hard materials. The company provides innovative wear-resistant solutions to customers in the aerospace, earthworks, energy, general engineering, and transportation industries.
Over the past year, John Witt has sold a total of 3,344 shares and has not made any purchases. The insider transaction history for Kennametal Inc indicates that there have been 2 insider buys and 7 insider sells over the same period.
As of the date of the recent sale, shares of Kennametal Inc were trading at $29.35, giving the stock a market cap of $2.285 billion. The company's price-earnings ratio stands at 22.97, which is lower than the industry median of 25.025 but higher than the company's historical median price-earnings ratio.
With a trading price of $29.35 and a GF Value of $26.18, Kennametal Inc has a price-to-GF-Value ratio of 1.12, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
