Kinaxis Inc. (TSE:KXS – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as C$216.99 and last traded at C$203.44, with a volume of 2,373 shares changing hands. The stock had previously closed at C$215.63.
Analyst Upgrades and Downgrades
Several research analysts have commented on the company. Stifel Nicolaus lifted their target price on Kinaxis from C$200.00 to C$225.00 and gave the stock a “buy” rating in a report on Thursday, October 29th. Royal Bank Of Canada set a C$210.00 price target on shares of Kinaxis and gave the stock an “outperform” rating in a report on Wednesday, August 26th. RBC Dominion Securities set a C$210.00 price target on shares of Kinaxis and gave the company an “outperform” rating in a research note on Friday, October 23rd. National Bank Financial upped their price objective on shares of Kinaxis from C$210.00 to C$245.00 and gave the company an “outperform” rating in a report on Monday. Finally, BMO Capital Markets raised their target price on Kinaxis from C$195.00 to C$200.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Eight analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$210.56.
View Our Latest Report on Kinaxis
Kinaxis Stock Performance
The company has a debt-to-equity ratio of 11.18, a quick ratio of 2.29 and a current ratio of 1.81. The stock has a market cap of C$6.18 billion, a PE ratio of 71.29, a price-to-earnings-growth ratio of 3.60 and a beta of 0.43. The company’s 50 day simple moving average is C$186.36 and its 200 day simple moving average is C$158.00.
Kinaxis (TSE:KXS – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported C$1.72 earnings per share for the quarter. Kinaxis had a net margin of 14.33% and a return on equity of 22.26%. The company had revenue of C$228.16 million during the quarter. Analysts expect that Kinaxis Inc. will post 4.25 earnings per share for the current year.
Insider Buying and Selling
In other Kinaxis news, insider David Peter Kelly sold 1,603 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of C$177.68, for a total transaction of C$284,821.04. Following the sale, the insider owned 358 shares of the company’s stock, valued at C$63,609.44. The trade was a 81.74% decrease in their position. Also, insider Vasile Gelu Ticala sold 961 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of C$177.68, for a total transaction of C$170,750.48. Following the sale, the insider directly owned 596 shares in the company, valued at C$105,897.28. The trade was a 61.72% decrease in their position. Insiders sold 13,076 shares of company stock worth $2,335,260 in the last 90 days. 1.20% of the stock is currently owned by company insiders.
About Kinaxis
Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain – from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption.
Featured Articles
- Five stocks we like better than Kinaxis
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for Kinaxis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinaxis and related companies with MarketBeat.com's FREE daily email newsletter.
