Kinaxis (TSE:KXS) Given a C$200.00 Price Target by National Bank Financial Analysts

National Bank Financial set a C$200.00 price target on Kinaxis (TSE:KXS) in a research report report published on Monday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other research firms also recently issued reports on KXS. BMO Capital Markets increased their price objective on Kinaxis from C$180.00 to C$185.00 in a report on Friday, May 8th. Stifel Nicolaus dropped their price target on shares of Kinaxis from C$245.00 to C$200.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Royal Bank Of Canada increased their price objective on shares of Kinaxis from C$200.00 to C$210.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce raised their price objective on shares of Kinaxis from C$173.00 to C$205.00 in a research note on Friday, June 5th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$200.00.

Kinaxis Trading Up 0.1%

KXS opened at C$154.74 on Monday. Kinaxis has a one year low of C$117.22 and a one year high of C$212.45. The company has a debt-to-equity ratio of 12.15, a current ratio of 1.72 and a quick ratio of 2.29. The business has a 50 day simple moving average of C$153.01 and a two-hundred day simple moving average of C$145.92. The firm has a market capitalization of C$4.23 billion, a price-to-earnings ratio of 52.63, a PEG ratio of 3.60 and a beta of 0.73.

Kinaxis (TSE:KXS) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$1.45 earnings per share for the quarter. Kinaxis had a return on equity of 19.72% and a net margin of 14.48%.The firm had revenue of C$230.19 million for the quarter. Analysts predict that Kinaxis will post 4.2526231 EPS for the current year.

Insider Buying and Selling at Kinaxis

In other Kinaxis news, insider Conrad John Mandala sold 924 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$137.14, for a total transaction of C$126,717.36. Following the sale, the insider directly owned 820 shares in the company, valued at approximately C$112,454.80. This trade represents a 52.98% decrease in their position. Also, Director Robert G. Courteau sold 5,010 shares of Kinaxis stock in a transaction on Friday, May 29th. The stock was sold at an average price of C$151.39, for a total value of C$758,463.90. Following the completion of the sale, the director directly owned 32,945 shares of the company’s stock, valued at approximately C$4,987,543.55. The trade was a 13.20% decrease in their position. Over the last quarter, insiders have sold 35,934 shares of company stock worth $5,328,181. Company insiders own 1.20% of the company’s stock.

About Kinaxis

Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain – from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption.