Key Points
- Kinaxis insider Vasile Gelu Ticala sold 961 shares for C$170,750.48 at an average price of C$177.68, reducing his holdings by 61.72% to 596 shares.
- Kinaxis shares opened at C$173.15, with a C$4.71 billion market capitalization and a 52-week trading range of C$117.22 to C$192.14. The company recently reported quarterly revenue of C$230.64 million and EPS of C$1.08.
- Analyst sentiment remains positive: seven analysts rate the stock a Buy, with a consensus rating of “Buy” and an average price target of C$203.12.
Kinaxis Inc. (TSE:KXS - Get Free Report) insider Vasile Gelu Ticala sold 961 shares of the firm's stock in a transaction dated Monday, August 31st. The shares were sold at an average price of C$177.68, for a total transaction of C$170,750.48. Following the sale, the insider owned 596 shares of the company's stock, valued at approximately C$105,897.28. This represents a 61.72% decrease in their ownership of the stock.
Kinaxis Stock Down 0.5%
Shares of Kinaxis stock opened at C$173.15 on Thursday. The company has a 50-day simple moving average of C$163.94 and a two-hundred day simple moving average of C$149.98. The stock has a market capitalization of C$4.71 billion, a PE ratio of 56.58, a price-to-earnings-growth ratio of 3.60 and a beta of 0.76. Kinaxis Inc. has a 52-week low of C$117.22 and a 52-week high of C$192.14. The company has a debt-to-equity ratio of 11.14, a quick ratio of 2.29 and a current ratio of 1.88.
Kinaxis (TSE:KXS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$1.08 EPS for the quarter. The firm had revenue of C$230.64 million for the quarter. Kinaxis had a net margin of 14.40% and a return on equity of 20.88%. On average, analysts anticipate that Kinaxis Inc. will post 4.2526231 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
KXS has been the topic of several recent analyst reports. BMO Capital Markets increased their target price on Kinaxis from C$195.00 to C$200.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce boosted their price target on Kinaxis from C$173.00 to C$205.00 in a research note on Friday, June 5th. National Bank Financial upped their price target on Kinaxis from C$200.00 to C$210.00 and gave the company an "outperform" rating in a report on Friday, August 7th. Royal Bank Of Canada set a C$210.00 price objective on Kinaxis and gave the company an "outperform" rating in a research report on Wednesday, August 26th. Finally, Stifel Nicolaus reduced their price objective on Kinaxis from C$245.00 to C$200.00 and set a "buy" rating for the company in a report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$203.12.
View Our Latest Stock Analysis on Kinaxis
About Kinaxis
(
Get Free Report)
Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain - from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today's volatility and disruption.
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