Key Points
- Kinaxis insider James Alexander Hollingworth sold 2,150 shares at an average price of C$178.94, generating C$384,721. After the transaction, his direct ownership fell by 31.06% to 4,772 shares.
- Kinaxis shares opened at C$173.90, with the company valued at approximately C$4.73 billion and trading at a price-to-earnings ratio of 56.83. Its stock has ranged from C$117.22 to C$186.98 over the past year.
- Analysts remain bullish: seven analysts rate the stock a Buy, with an average price target of C$203.12. Recent targets range from C$200 to C$210, above the reported trading price.
Kinaxis Inc. (TSE:KXS - Get Free Report) insider James Alexander Hollingworth sold 2,150 shares of the firm's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of C$178.94, for a total value of C$384,721.00. Following the completion of the sale, the insider directly owned 4,772 shares of the company's stock, valued at C$853,901.68. The trade was a 31.06% decrease in their position.
Kinaxis Trading Down 1.6%
Kinaxis stock opened at C$173.90 on Tuesday. The stock has a 50-day moving average of C$169.05 and a two-hundred day moving average of C$154.47. 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 Inc. has a one year low of C$117.22 and a one year high of C$186.98. The stock has a market cap of C$4.73 billion, a PE ratio of 56.83, a price-to-earnings-growth ratio of 3.60 and a beta of 0.71.
Kinaxis (TSE:KXS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported C$1.08 earnings per share for the quarter. Kinaxis had a return on equity of 20.88% and a net margin of 14.40%.The business had revenue of C$230.64 million for the quarter. On average, research analysts anticipate that Kinaxis Inc. will post 4.2526231 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of analysts recently commented on KXS shares. Royal Bank Of Canada set a C$210.00 target price on shares of Kinaxis and gave the stock an "outperform" rating in a research note on Wednesday, August 26th. National Bank Financial upped their price target on shares of Kinaxis from C$200.00 to C$210.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce raised their price target on shares of Kinaxis from C$173.00 to C$205.00 in a report on Friday, June 5th. Finally, BMO Capital Markets lifted their price objective on shares of Kinaxis from C$195.00 to C$200.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$203.12.
View Our Latest Stock Analysis on Kinaxis
Kinaxis Company Profile
(
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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