Kinaxis (TSE:KXS) PT Set at C$200.00 by National Bank Financial

Kinaxis (TSE:KXS) received a C$200.00 price objective from stock analysts at National Bank Financial in a research note issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 32.68% from the stock’s previous close.

KXS has been the topic of a number of other research reports. 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. Stifel Nicolaus decreased their price objective 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. Royal Bank Of Canada increased their price objective on shares of 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, BMO Capital Markets lifted their target price on shares of Kinaxis from C$180.00 to C$185.00 in a research note on Friday, May 8th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$200.00.

Kinaxis Stock Down 2.6%

Kinaxis stock opened at C$150.74 on Monday. Kinaxis has a 1-year low of C$117.22 and a 1-year high of C$212.45. The business has a fifty day moving average price of C$153.15 and a 200-day moving average price of C$145.76. 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 has a market capitalization of C$4.12 billion, a price-to-earnings ratio of 51.27, a PEG ratio of 3.60 and a beta of 0.73.

Kinaxis (TSE:KXS) last announced its 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 company had revenue of C$230.19 million for the quarter. Equities research analysts forecast that Kinaxis will post 4.2526231 EPS for the current fiscal year.

Insiders Place Their Bets

In other Kinaxis news, insider Conrad John Mandala sold 30,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of C$148.10, for a total transaction of C$4,443,000.00. Following the sale, the insider owned 820 shares in the company, valued at approximately C$121,442. The trade was a 97.34% decrease in their position. Also, Director Robert G. Courteau sold 5,010 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of C$151.39, for a total value of C$758,463.90. Following the completion of the transaction, the director directly owned 32,945 shares in the company, valued at C$4,987,543.55. This represents a 13.20% decrease in their ownership of the stock. Insiders sold a total of 35,934 shares of company stock valued at $5,328,181 in the last 90 days. 1.20% of the stock is currently owned by company insiders.

Kinaxis Company Profile

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.