Kinaxis Inc. (TSE:KXS) Director Sells C$4,054,585.55 in Stock

Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard sold 24,147 shares of Kinaxis stock in a transaction on Thursday, November 14th. The shares were sold at an average price of C$167.91, for a total value of C$4,054,585.55.

Kinaxis Price Performance

The company has a market cap of C$4.74 billion, a price-to-earnings ratio of 168.00, a P/E/G ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a 52-week low of C$132.93 and a 52-week high of C$174.25. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.90 and a quick ratio of 2.29. The stock’s fifty day moving average price is C$159.70 and its two-hundred day moving average price is C$155.71.

Kinaxis (TSE:KXS) last issued its quarterly earnings data on Wednesday, October 30th. The company reported C$0.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 4.87% and a net margin of 4.59%. As a group, equities research analysts expect that Kinaxis Inc. will post 4.2526231 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on KXS. Scotiabank dropped their price objective on Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. Stifel Nicolaus dropped their price objective on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating for the company in a report on Friday, August 2nd. ATB Capital boosted their price target on Kinaxis from C$205.00 to C$215.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, TD Securities lowered 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. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average 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.