Kennametal: Still Appealing If Guidance Holds

Jan. 15, 2023 6:15 AM ETKennametal Inc. (KMT) Stock, , , , , 1 Comment

Summary

  • Kennametal had something of a rough start to its 2023 fiscal year, with sales rising but profits and cash flows pulling back in the first quarter.
  • This is disappointing, but management's guidance still suggests that the company is a solid prospect.
  • Add on top of this how cheap shares are, and it likely warrants further upside from here.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »
metal drill bit make holes in steel billet on industrial drilling machine with shavings. Metal work industry. multi cutting tool and end mill.

Evkaz/iStock via Getty Images

Because of concerns that are facing us today, you might not think that a company focused on metal cutting tooling and other products, as well as on the production and sale of various infrastructure products, would make for an attractive investment opportunity. But one

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This article was written by

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Daniel is an avid and active professional investor.

He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

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