Kinaxis Inc (TSE:KXS) – Analysts at Cormark issued their Q3 2017 earnings estimates for shares of Kinaxis in a research report issued on Thursday. Cormark analyst R. Peters expects that the company will post earnings of $0.29 per share for the quarter. Cormark also issued estimates for Kinaxis’ Q4 2017 earnings at $0.29 EPS, FY2017 earnings at $1.24 EPS and FY2019 earnings at $1.88 EPS.
KXS has been the subject of a number of other reports. Scotiabank decreased their price target on shares of Kinaxis from C$87.00 to C$82.00 and set a “sector perform” rating for the company in a report on Wednesday, August 9th. National Bank Financial decreased their price target on shares of Kinaxis from C$100.00 to C$90.00 and set an “outperform” rating for the company in a report on Wednesday, August 9th. Eight Capital upped their price target on shares of Kinaxis from C$90.00 to C$100.00 and gave the company a “buy” rating in a report on Thursday, August 17th. Laurentian Bank of Canada decreased their price target on shares of Kinaxis from C$96.00 to C$83.00 and set a “hold” rating for the company in a report on Thursday, August 17th. Finally, CIBC cut shares of Kinaxis from an “outperform” rating to a “neutral” rating and decreased their price target for the company from C$100.00 to C$82.00 in a report on Thursday, August 17th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of C$90.50.
Shares of Kinaxis (TSE:KXS) opened at 72.12 on Monday. The stock has a market capitalization of $1.83 billion and a price-to-earnings ratio of 146.59. The stock’s 50 day moving average price is $73.10 and its 200-day moving average price is $78.76. Kinaxis has a 12 month low of $56.47 and a 12 month high of $91.98.
In related news, Director Douglas Proctor Colbeth sold 15,700 shares of the stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of C$76.49, for a total value of C$1,200,893.00. Insiders sold 50,000 shares of company stock valued at $3,761,224 in the last three months.
Kinaxis Company Profile
Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.
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