Kinaxis Inc. (TSE:KXS) Senior Officer Sells C$18,474.00 in Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Andrew William Robert Bell sold 100 shares of Kinaxis stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of C$184.74, for a total value of C$18,474.00. Following the sale, the insider now owns 831 shares in the company, valued at C$153,518.94. This represents a 10.74 % decrease in their ownership of the stock.

Kinaxis Trading Up 0.2 %

TSE:KXS opened at C$176.50 on Friday. Kinaxis Inc. has a 12-month low of C$132.93 and a 12-month high of C$190.17. The firm has a market capitalization of C$4.98 billion, a P/E ratio of 176.50, a P/E/G ratio of 3.60 and a beta of 0.78. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.90 and a quick ratio of 2.29. The business has a 50 day simple moving average of C$169.23 and a 200 day simple moving average of C$159.87.

Kinaxis (TSE:KXS) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of C$165.79 million during the quarter, compared to analyst estimates of C$170.56 million. Equities research analysts predict that Kinaxis Inc. will post 4.2526231 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on KXS shares. ATB Capital lifted their price objective on Kinaxis from C$205.00 to C$215.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Scotiabank dropped their price objective on Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. Finally, TD Securities dropped their price objective on Kinaxis from C$195.00 to C$190.00 and set a “buy” rating on the stock in a report on Friday, November 1st. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Kinaxis presently has a consensus 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.