Kinaxis (KXS) Announces Quarterly Results
Kinaxis (TSE:KXS) announced its earnings results on Monday. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.08 by $0.02, ARN reports.
KXS has been the subject of a number of recent research reports. Analysts at TD Securities initiated coverage on shares of Kinaxis in a research note on Wednesday, August 20th. They set a “buy” rating and a C$22.00 price target on the stock. On the ratings front, analysts at BMO Capital Markets raised their price target on shares of Kinaxis from C$18.00 to C$19.00 in a research note on Monday, August 11th. They now have an “outperform” rating on the stock. Finally, analysts at Cormark initiated coverage on shares of Kinaxis in a research note on Friday, August 1st. They set a “buy” rating on the stock. Five analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of C$19.75.
Kinaxis (TSE:KXS) opened at 17.00 on Monday. Kinaxis has a 52-week low of $12.92 and a 52-week high of $17.35. The stock has a 50-day moving average of $15.57 and a 200-day moving average of $14.77. The company’s market cap is $401.0 million.
Kinaxis Inc is a provider of cloud-based subscription software. The Company’s software enables its customers to improve and accelerate analysis and decision-making across their supply chain operations.