Key Points
- Kinaxis insider Conrad John Mandala sold shares twice this week, including 924 shares on May 13 for about C$126,717 and 30,000 shares on May 11 for about C$4.44 million.
- The stock was trading around C$137.69, down 0.2%, and remains well below its 52-week high of C$212.45 but above its 52-week low of C$117.22.
- Despite the insider selling, analysts still have a Buy consensus on Kinaxis, with a target price of about C$200.75 after the company reported quarterly EPS of C$1.45 on revenue of C$230.19 million.
Kinaxis Inc. (TSE:KXS - Get Free Report) insider Conrad John Mandala sold 924 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of C$137.14, for a total transaction of C$126,717.36. Following the completion of the sale, the insider owned 820 shares of the company's stock, valued at approximately C$112,454.80. The trade was a 52.98% decrease in their position.
Conrad John Mandala also recently made the following trade(s):
- On Monday, May 11th, Conrad John Mandala sold 30,000 shares of Kinaxis stock. The shares were sold at an average price of C$148.10, for a total transaction of C$4,443,000.00.
Kinaxis Stock Down 0.2%
TSE KXS opened at C$137.69 on Friday. The company has a debt-to-equity ratio of 12.15, a quick ratio of 2.29 and a current ratio of 1.72. The firm has a 50-day simple moving average of C$140.51 and a 200 day simple moving average of C$152.83. Kinaxis Inc. has a twelve month low of C$117.22 and a twelve month high of C$212.45. The stock has a market cap of C$3.76 billion, a PE ratio of 46.83, a PEG ratio of 3.60 and a beta of 0.68.
Kinaxis (TSE:KXS - Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported C$1.45 earnings per share for the quarter. Kinaxis had a net margin of 14.48% and a return on equity of 19.72%. The business had revenue of C$230.19 million during the quarter. On average, research analysts forecast that Kinaxis Inc. will post 4.2526231 EPS for the current year.
Wall Street Analysts Forecast Growth
KXS has been the subject of several recent research reports. TD Securities dropped their price target on shares of Kinaxis from C$229.00 to C$200.00 and set a "buy" rating for the company in a research report on Friday, March 6th. Scotiabank dropped their price target on shares of Kinaxis from C$240.00 to C$200.00 and set an "outperform" rating for the company in a research report on Wednesday, February 4th. BMO Capital Markets increased their price target on shares of Kinaxis from C$180.00 to C$185.00 in a research report on Friday, May 8th. Canaccord Genuity Group dropped their price target on shares of Kinaxis from C$225.00 to C$200.00 in a research report on Friday, March 6th. Finally, Stifel Nicolaus dropped their price target on shares of Kinaxis from C$245.00 to C$200.00 and set a "buy" rating for the company in a research report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of C$200.75.
Read Our Latest Research Report 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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