National Bank Financial Analysts Give Kinaxis (TSE:KXS) a C$200.00 Price Target

National Bank Financial set a C$200.00 price objective on Kinaxis (TSE:KXS) in a research note released on Monday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

KXS has been the topic of several other reports. Canadian Imperial Bank of Commerce boosted their price objective on Kinaxis from C$173.00 to C$205.00 in a research report on Friday, June 5th. Stifel Nicolaus decreased their target price on Kinaxis from C$245.00 to C$200.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Royal Bank Of Canada boosted their price target on Kinaxis from C$200.00 to C$210.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, BMO Capital Markets upped their price target on Kinaxis from C$180.00 to C$185.00 in a research note on Friday, May 8th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$200.00.

Kinaxis Stock Performance

KXS opened at C$146.44 on Monday. The company has a 50 day simple moving average of C$153.31 and a two-hundred day simple moving average of C$145.57. 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 firm has a market cap of C$4.00 billion, a P/E ratio of 49.81, a PEG ratio of 3.60 and a beta of 0.73. Kinaxis has a 1-year low of C$117.22 and a 1-year high of C$212.45.

Kinaxis (TSE:KXS) last released its earnings results on Wednesday, May 6th. The company reported C$1.45 earnings per share for the quarter. Kinaxis had a net margin of 14.48% and a return on equity of 19.72%. The company had revenue of C$230.19 million for the quarter. Equities analysts forecast that Kinaxis will post 4.2526231 earnings per share for the current fiscal year.

Insider Buying and Selling at Kinaxis

In other Kinaxis news, Director Robert G. Courteau sold 5,010 shares of the business’s stock in a transaction on 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 sale, the director owned 32,945 shares in the company, valued at C$4,987,543.55. The trade was a 13.20% decrease in their position. Also, insider Conrad John Mandala sold 924 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of C$137.14, for a total transaction of C$126,717.36. Following the transaction, the insider directly owned 820 shares of the company’s stock, valued at C$112,454.80. This trade represents a 52.98% decrease in their position. In the last quarter, insiders sold 35,934 shares of company stock worth $5,328,181. Corporate insiders own 1.20% of the company’s stock.

About Kinaxis

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.