Kinaxis Inc. (TSE:KXS) Director Sells C$943,941.33 in Stock

Kinaxis Inc. (TSE:KXS) Director Elizabeth (Betsy) Rafael sold 5,515 shares of the company’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 Stock Performance

Shares of KXS stock opened at C$179.11 on Friday. The company has a market cap of C$5.06 billion, a price-to-earnings ratio of 179.11, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. The stock has a 50 day simple moving average of C$162.75 and a 200-day simple moving average of C$156.90. Kinaxis Inc. has a 12-month low of C$132.93 and a 12-month high of C$182.05. The company has a current ratio of 1.90, a quick ratio of 2.29 and a debt-to-equity ratio of 12.40.

Kinaxis (TSE:KXS) last issued its earnings results on Wednesday, October 30th. The company reported C$0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.43 by C$0.04. The business had revenue of C$165.79 million during the quarter, compared to the consensus estimate of C$170.56 million. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. On average, equities analysts forecast that Kinaxis Inc. will post 4.2526231 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on KXS. ATB Capital upped their target price on Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Scotiabank decreased their target price on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. TD Securities decreased their target price on 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 price objective on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Kinaxis has an average rating of “Moderate Buy” and an average price target of C$192.67.

About Kinaxis

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.