Kinaxis Inc. (TSE:KXS – Get Free Report) has been given a consensus rating of “Buy” by the eight ratings firms that are presently covering the firm, Marketbeat reports. Eight analysts have rated the stock with a buy recommendation. The average 1 year price target among brokerages that have covered the stock in the last year is C$199.44.
Several brokerages have commented on KXS. Scotiabank decreased their price objective on shares of Kinaxis from C$220.00 to C$200.00 and set an “outperform” rating for the company in a research note on Friday, March 1st. Eight Capital decreased their price objective on shares of Kinaxis from C$230.00 to C$190.00 and set a “buy” rating for the company in a research note on Friday, March 1st. BMO Capital Markets decreased their price objective on shares of Kinaxis from C$190.00 to C$175.00 and set an “outperform” rating for the company in a research note on Friday, March 1st. Royal Bank of Canada decreased their price objective on shares of Kinaxis from C$220.00 to C$200.00 and set an “outperform” rating for the company in a research note on Friday, March 1st. Finally, CIBC decreased their price objective on shares of Kinaxis from C$185.00 to C$180.00 and set an “outperform” rating for the company in a research note on Friday, March 1st.
Check Out Our Latest Analysis on KXS
Insider Activity at Kinaxis
Kinaxis Stock Down 0.5 %
KXS stock opened at C$151.71 on Friday. The firm has a 50 day moving average of C$151.30 and a 200 day moving average of C$150.58. The stock has a market capitalization of C$4.30 billion, a PE ratio of 316.06, a price-to-earnings-growth ratio of 3.60 and a beta of 0.76. The company has a quick ratio of 2.29, a current ratio of 2.54 and a debt-to-equity ratio of 11.39. Kinaxis has a 52 week low of C$129.13 and a 52 week high of C$191.80.
Kinaxis (TSE:KXS – Get Free Report) last released its earnings results on Wednesday, February 28th. The company reported C$0.59 EPS for the quarter, missing analysts’ consensus estimates of C$0.68 by C($0.09). The company had revenue of C$152.48 million during the quarter, compared to analyst estimates of C$153.36 million. Kinaxis had a return on equity of 2.35% and a net margin of 2.36%. Sell-side analysts forecast that Kinaxis will post 2.8304039 earnings per share for the current year.
About Kinaxis
Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.
Featured Stories
- Five stocks we like better than Kinaxis
- Low PE Growth Stocks: Unlocking Investment Opportunities
- High-Yield Texas Instruments Could Hit New Highs Soon
- Stock Sentiment Analysis: How it Works
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- 3 Small Caps With Big Return Potential
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
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.