Kinaxis Inc. (TSE:KXS – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$192.11.
Several research analysts have recently commented on KXS shares. ATB Capital lowered their price target on Kinaxis from C$215.00 to C$205.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Scotiabank lowered their price objective on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. Stifel Nicolaus dropped their target price on shares of Kinaxis from C$210.00 to C$195.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. TD Securities dropped their price target on Kinaxis from C$200.00 to C$195.00 in a research note on Friday, August 2nd. Finally, CIBC lowered shares of Kinaxis from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from C$180.00 to C$154.00 in a research note on Friday, June 21st.
View Our Latest Research Report on Kinaxis
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Kinaxis Trading Down 0.8 %
Shares of KXS opened at C$156.97 on Friday. Kinaxis has a 52-week low of C$129.13 and a 52-week high of C$172.83. The stock has a market cap of C$4.43 billion, a PE ratio of 158.56, a price-to-earnings-growth ratio of 3.60 and a beta of 0.77. The company has a quick ratio of 2.29, a current ratio of 1.90 and a debt-to-equity ratio of 12.40. The firm’s fifty day moving average is C$154.73 and its two-hundred day moving average is C$153.05.
Kinaxis (TSE:KXS – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The company reported C$0.42 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.27 by C$0.15. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. The company had revenue of C$161.83 million for the quarter, compared to analyst estimates of C$160.55 million. Research analysts forecast that Kinaxis will post 4.3821138 earnings per share for the current fiscal 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.
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