Kinaxis Inc. (TSE:KXS) Senior Officer Sells C$243,319.95 in Stock

Kinaxis Inc. (TSE:KXS) Senior Officer David Peter Kelly sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of C$162.21, for a total value of C$243,319.95.

Kinaxis Stock Performance

Shares of KXS stock opened at C$167.97 on Friday. The company’s fifty day moving average price is C$156.34 and its 200-day moving average price is C$154.78. The stock has a market cap of C$4.74 billion, a PE ratio of 167.97, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. 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 Inc. has a 12 month low of C$132.93 and a 12 month high of C$172.83.

Kinaxis (TSE:KXS) last posted its quarterly earnings data 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 business had revenue of C$165.79 million for the quarter, compared to analyst estimates of C$170.56 million. Kinaxis had a net margin of 4.59% and a return on equity of 4.87%. On average, equities analysts expect that Kinaxis Inc. will post 4.2526231 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on KXS shares. TD Securities reduced their price target 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. Stifel Nicolaus reduced their target price on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. 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 report on Friday, November 1st. Finally, Scotiabank reduced their price objective on shares of Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average 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.