Kinaxis Inc (TSE:KXS) – Equities researchers at National Bank Financial upped their FY2017 EPS estimates for Kinaxis in a research note issued to investors on Wednesday. National Bank Financial analyst R. Tse now forecasts that the brokerage will earn $1.41 per share for the year, up from their prior estimate of $1.40. National Bank Financial currently has a “Outperform Overweight” rating on the stock.

Several other brokerages have also issued reports on KXS. RBC Capital Markets lifted their price target on shares of Kinaxis from C$72.00 to C$82.00 and gave the company an “outperform” rating in a research note on Friday. Scotiabank reiterated a “sector perform” rating and issued a C$63.00 price target on shares of Kinaxis in a research note on Friday. Royal Bank Of Canada lifted their price target on shares of Kinaxis from C$72.00 to C$82.00 and gave the company an “outperform” rating in a research note on Friday. CIBC lifted their price target on shares of Kinaxis from C$52.00 to C$75.00 in a research note on Saturday, August 6th. Finally, BMO Capital Markets lifted their price target on shares of Kinaxis from C$55.00 to C$70.00 and gave the company an “outperform” rating in a research note on Saturday, August 6th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of C$65.35.

Earnings History and Estimates for Kinaxis (TSE:KXS)

Kinaxis (TSE:KXS) traded up 4.47% during midday trading on Friday, hitting $66.17. 59,204 shares of the company traded hands. The stock’s 50-day moving average price is $63.77 and its 200 day moving average price is $54.06. The company has a market capitalization of $1.63 billion and a price-to-earnings ratio of 143.54. Kinaxis has a 12-month low of $32.60 and a 12-month high of $69.85.

Kinaxis Company Profile

Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.

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