Kinaxis (TSE:KXS - Get Free Report) received a C$210.00 price target from equities research analysts at Royal Bank of Canada in a report issued on Friday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank of Canada's price target would indicate a potential upside of 30.31% from the stock's current price.
Separately, CIBC cut their price objective on Kinaxis from C$175.00 to C$170.00 in a research report on Friday, February 28th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$195.00.
Check Out Our Latest Research Report on KXS
Kinaxis Stock Performance
Shares of KXS stock traded up C$2.34 during trading on Friday, reaching C$161.16. The company had a trading volume of 78,812 shares, compared to its average volume of 88,582. The company has a market capitalization of C$3.24 billion, a PE ratio of 159.95, a PEG ratio of 3.60 and a beta of 0.78. The company has a debt-to-equity ratio of 12.12, a current ratio of 1.89 and a quick ratio of 2.29. The firm's 50 day simple moving average is C$164.60 and its two-hundred day simple moving average is C$165.72. Kinaxis has a one year low of C$132.93 and a one year high of C$190.17.
Insider Activity
In other Kinaxis news, Senior Officer Andrew William Robert Bell sold 2,064 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of C$156.80, for a total value of C$323,627.77. Following the sale, the insider now directly owns 831 shares in the company, valued at C$130,297.81. This represents a 71.30 % decrease in their ownership of the stock. Also, Senior Officer Christopher John Blaine Fitzgerald sold 2,177 shares of Kinaxis stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$156.26, for a total value of C$340,172.58. In the last three months, insiders have sold 4,924 shares of company stock worth $770,090. Corporate insiders own 1.20% of the company's stock.
About Kinaxis
(
Get Free Report)
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.
Recommended Stories
Before you consider Kinaxis, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kinaxis wasn't on the list.
While Kinaxis currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
