Key Points
- Kinaxis insider Conrad John Mandala sold 30,000 shares on May 11 at an average price of C$148.10, generating about C$4.44 million. After the sale, he retained just 820 shares, a 97.34% reduction in ownership.
- Kinaxis recently reported quarterly earnings of C$1.45 per share on revenue of C$230.19 million, with a net margin of 14.48% and return on equity of 19.72%. Analysts expect the company to earn about 4.25 EPS this year.
- Wall Street remains broadly positive on the stock, with six analysts rating it Buy and a consensus target price of C$200.75. Recent target changes ranged from C$180 to C$210, reflecting mixed but still constructive sentiment.
Kinaxis Inc. (TSE:KXS - Get Free Report) insider Conrad John Mandala sold 30,000 shares of the firm's stock in a transaction on Monday, May 11th. The stock was sold at an average price of C$148.10, for a total value of C$4,443,000.00. Following the completion of the transaction, the insider owned 820 shares in the company, valued at approximately C$121,442. This trade represents a 97.34% decrease in their ownership of the stock.
Kinaxis Stock Performance
KXS stock opened at C$137.99 on Thursday. The company has a market cap of C$3.77 billion, a P/E ratio of 46.94, a price-to-earnings-growth ratio of 3.60 and a beta of 0.68. Kinaxis Inc. has a 1 year low of C$117.22 and a 1 year high of C$212.45. The company has a debt-to-equity ratio of 12.15, a current ratio of 1.72 and a quick ratio of 2.29. The stock's fifty day moving average price is C$140.42 and its 200-day moving average price is C$153.11.
Kinaxis (TSE:KXS - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$1.45 earnings per share (EPS) for the quarter. Kinaxis had a return on equity of 19.72% and a net margin of 14.48%.The firm had revenue of C$230.19 million for the quarter. On average, equities analysts forecast that Kinaxis Inc. will post 4.2526231 earnings per share for the current year.
Wall Street Analyst Weigh In
KXS has been the topic of a number of recent research reports. BMO Capital Markets raised their target price on Kinaxis from C$180.00 to C$185.00 in a report on Friday, May 8th. Scotiabank decreased their target price on Kinaxis from C$240.00 to C$200.00 and set an "outperform" rating on the stock in a report on Wednesday, February 4th. Stifel Nicolaus lowered their price objective on Kinaxis from C$245.00 to C$200.00 and set a "buy" rating on the stock in a research report on Wednesday, May 6th. Royal Bank Of Canada boosted their price objective on Kinaxis from C$200.00 to C$210.00 and gave the company an "outperform" rating in a research report on Friday, May 8th. Finally, Canaccord Genuity Group lowered their price objective on Kinaxis from C$225.00 to C$200.00 in a research report on Friday, March 6th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$200.75.
View Our Latest Analysis on KXS
Kinaxis Company Profile
(
Get Free Report)
Kinaxis Inc is a Canada-based provider of software solutions for sales and operations planning (S&OP) and supply chain management. The firm's flagship RapidResponse product is offered on the cloud. Its capabilities include consequence evaluation and alerting, responsibility-based collaboration, high-speed analytics, and scenario simulation. Kinaxis's S&OP solution capabilities include supply and demand planning, capacity and inventory planning, and inventory management. The firm has operations in North America, Europe, and Asia-Pacific regions.
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