Christopher John Blaine Fitzgerald Sells 2,003 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Christopher John Blaine Fitzgerald sold 2,003 shares of the business’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$185.05, for a total transaction of C$370,656.55.

Kinaxis Stock Performance

Shares of TSE KXS opened at C$184.67 on Friday. The stock has a market cap of C$5.22 billion, a price-to-earnings ratio of 184.67, a P/E/G ratio of 3.60 and a beta of 0.78. The stock’s 50-day moving average is C$167.27 and its 200 day moving average is C$158.83. 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 1-year low of C$132.93 and a 1-year high of C$190.17.

Kinaxis (TSE:KXS) last posted its quarterly earnings results 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. Kinaxis had a net margin of 4.59% and a return on equity of 4.87%. The firm had revenue of C$165.79 million for the quarter, compared to the consensus estimate of C$170.56 million. On average, sell-side analysts anticipate that Kinaxis Inc. will post 4.2526231 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KXS. Scotiabank reduced their target price on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. ATB Capital boosted their price objective 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 target price on shares of Kinaxis from C$195.00 to C$190.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.