Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard Sells 7,323 Shares

Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard sold 7,323 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of C$185.05, for a total value of C$1,355,126.28.

John Ernest Sicard also recently made the following trade(s):

• On Thursday, November 14th, John Ernest Sicard sold 24,147 shares of Kinaxis stock. The stock was sold at an average price of C$167.91, for a total value of C$4,054,585.55.

Kinaxis Price Performance

TSE:KXS traded up C$1.14 during trading hours on Wednesday, reaching C$186.61. The company had a trading volume of 41,849 shares, compared to its average volume of 67,038. The stock has a 50-day moving average of C$166.21 and a two-hundred day moving average of C$158.40. Kinaxis Inc. has a one year low of C$132.93 and a one year high of C$190.17. The firm has a market capitalization of C$5.27 billion, a PE ratio of 185.84, 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 announced its earnings results on Wednesday, October 30th. The company reported C$0.47 EPS for the quarter, topping the consensus estimate of C$0.43 by C$0.04. The company had revenue of C$165.79 million for the quarter, compared to analysts’ expectations of C$170.56 million. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. Analysts forecast that Kinaxis Inc. will post 4.2526231 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. TD Securities cut their price target on Kinaxis from C$195.00 to C$190.00 and set a “buy” rating for the company in a report on Friday, November 1st. Scotiabank lowered their price objective on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. Finally, ATB Capital boosted their price objective 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. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.