Kinaxis Inc (TSE:KXS) – Research analysts at Cormark issued their Q3 2017 earnings per share (EPS) estimates for shares of Kinaxis in a report released on Thursday. Cormark analyst R. Peters forecasts that the company will post earnings per share of $0.29 for the quarter. Cormark also issued estimates for Kinaxis’ Q4 2017 earnings at $0.29 EPS, FY2017 earnings at $1.24 EPS and FY2019 earnings at $1.88 EPS.
A number of other research analysts also recently weighed in on KXS. National Bank Financial reduced their price target on Kinaxis from C$100.00 to C$90.00 and set an “outperform” rating for the company in a research report on Wednesday, August 9th. Scotiabank cut their target price on Kinaxis from C$87.00 to C$82.00 and set a “sector perform” rating for the company in a research report on Wednesday, August 9th. TD Securities cut their price target on Kinaxis from C$98.00 to C$93.00 and set a “buy” rating for the company in a report on Wednesday, August 9th. Laurentian cut their price target on Kinaxis from C$96.00 to C$83.00 and set a “hold” rating for the company in a report on Wednesday, August 9th. Finally, Eight Capital cut their price target on Kinaxis from C$100.00 to C$90.00 and set a “buy” rating for the company in a report on Wednesday, August 9th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of C$90.50.
Shares of Kinaxis (KXS) opened at 71.61 on Monday. The firm has a market cap of $1.82 billion and a PE ratio of 145.55. The firm has a 50-day moving average of $73.22 and a 200 day moving average of $78.89. Kinaxis has a 52-week low of $56.47 and a 52-week high of $91.98.
In other Kinaxis news, Director Douglas Proctor Colbeth sold 15,700 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of C$76.49, for a total transaction of C$1,200,893.00. Insiders sold a total of 50,000 shares of company stock valued at $3,761,224 in the last ninety days.
Kinaxis Company Profile
Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.
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