Kinaxis (OTCMKTS:KXSCF – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.25), Zacks reports. Kinaxis had a net margin of 14.42% and a return on equity of 20.95%.
Kinaxis Trading Up 2.5%
OTCMKTS:KXSCF traded up $3.40 during mid-day trading on Wednesday, hitting $141.10. 7,155 shares of the stock traded hands, compared to its average volume of 10,796. The stock has a market capitalization of $3.82 billion and a price-to-earnings ratio of 56.90. Kinaxis has a 52 week low of $84.70 and a 52 week high of $143.50. The firm’s 50 day moving average is $128.91 and its two-hundred day moving average is $112.15. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. BMO Capital Markets reissued an “outperform” rating on shares of Kinaxis in a research report on Tuesday, August 4th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Kinaxis in a research report on Monday, July 20th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Kinaxis currently has a consensus rating of “Buy”.
Check Out Our Latest Analysis on KXSCF
About Kinaxis
Kinaxis Inc is a Canadian technology company that provides supply chain orchestration and planning software. Its solutions help organizations coordinate demand, supply, inventory, production, transportation and other supply chain activities across complex global operations.
The company’s primary platform, Kinaxis Maestro, is designed to support concurrent planning, supply and demand balancing, sales and operations planning, inventory management, control-tower visibility and scenario analysis.
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