Elizabeth (Betsy) Rafael Sells 5,515 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS) Director Elizabeth (Betsy) Rafael sold 5,515 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of C$171.16, for a total value of C$943,941.33.

Kinaxis Trading Up 1.3 %

Shares of TSE:KXS opened at C$179.43 on Thursday. The company’s fifty day simple moving average is C$161.73 and its 200 day simple moving average is C$156.45. Kinaxis Inc. has a 12 month low of C$132.93 and a 12 month high of C$179.63. The firm has a market cap of C$5.07 billion, a price-to-earnings ratio of 175.60, a PEG ratio of 3.60 and a beta of 0.78. The company has a quick ratio of 2.29, a current ratio of 1.90 and a debt-to-equity ratio of 12.40.

Kinaxis (TSE:KXS) last released its earnings results on Wednesday, October 30th. The company reported C$0.47 EPS for the quarter, beating the consensus estimate of C$0.43 by C$0.04. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. The firm had revenue of C$165.79 million for the quarter, compared to analysts’ expectations of C$170.56 million. As a group, research analysts forecast that Kinaxis Inc. will post 4.2526231 EPS for the current fiscal year.

Analysts Set New Price Targets

KXS has been the topic of several recent analyst reports. ATB Capital boosted their price objective on shares of Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Scotiabank decreased their price target on shares of Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. TD Securities lowered their price objective on shares of Kinaxis from C$195.00 to C$190.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Finally, Stifel Nicolaus reduced their target price on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$192.67.

Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.