Kornit Digital (NASDAQ:KRNT – Get Free Report) and IDEX (NYSE:IEX – Get Free Report) are both industrials companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, profitability, earnings, risk, institutional ownership and analyst recommendations.
Analyst Recommendations
This is a breakdown of current ratings and price targets for Kornit Digital and IDEX, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Kornit Digital | 1 | 3 | 2 | 0 | 2.17 |
| IDEX | 0 | 2 | 9 | 0 | 2.82 |
Kornit Digital presently has a consensus price target of $21.50, suggesting a potential upside of 17.49%. IDEX has a consensus price target of $260.27, suggesting a potential upside of 11.09%. Given Kornit Digital’s higher possible upside, research analysts clearly believe Kornit Digital is more favorable than IDEX.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Kornit Digital | -9.42% | -1.00% | -0.91% |
| IDEX | 14.49% | 15.69% | 9.10% |
Volatility & Risk
Kornit Digital has a beta of 1.85, suggesting that its share price is 85% more volatile than the S&P 500. Comparatively, IDEX has a beta of 0.97, suggesting that its share price is 3% less volatile than the S&P 500.
Valuation & Earnings
This table compares Kornit Digital and IDEX”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Kornit Digital | $208.20 million | 3.78 | -$13.52 million | ($0.48) | -38.12 |
| IDEX | $3.46 billion | 5.00 | $483.20 million | $6.95 | 33.71 |
IDEX has higher revenue and earnings than Kornit Digital. Kornit Digital is trading at a lower price-to-earnings ratio than IDEX, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
92.8% of Kornit Digital shares are owned by institutional investors. Comparatively, 98.0% of IDEX shares are owned by institutional investors. 0.2% of Kornit Digital shares are owned by company insiders. Comparatively, 0.5% of IDEX shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
IDEX beats Kornit Digital on 12 of the 14 factors compared between the two stocks.
About Kornit Digital
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services. The company's products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and system upgrade kits, maintenance and support, consulting, and professional services. It serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh Haayin, Israel.
About IDEX
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics positive displacement pumps, powder and liquid processing technologies, drying systems, micro-precision components, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, and precision photonic solutions. This segment serves food and beverage, life sciences, analytical instruments, pharmaceutical and biopharmaceutical, industrial, semiconductor, automotive/transportation, medical/dental, energy, cosmetics, marine, chemical, wastewater and water treatment, research and aerospace/defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois.
Receive News & Ratings for Kornit Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kornit Digital and related companies with MarketBeat.com's FREE daily email newsletter.
