Kinaxis Inc. (TSE:KXS) Senior Officer Sells C$370,656.55 in Stock

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

Kinaxis Stock Down 1.5 %

Kinaxis stock opened at C$181.90 on Friday. 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. The company has a fifty day simple moving average of C$167.73 and a 200 day simple moving average of C$159.04. The company has a market cap of C$5.14 billion, a P/E ratio of 181.90, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78.

Kinaxis (TSE:KXS) last announced its quarterly earnings data on Wednesday, October 30th. The company reported C$0.47 earnings per share for the quarter, beating the consensus estimate of C$0.43 by C$0.04. The company had revenue of C$165.79 million during the quarter, compared to analysts’ expectations of C$170.56 million. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. Research analysts anticipate that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Scotiabank lowered their target price on Kinaxis from C$200.00 to C$190.00 in a research note on Thursday, August 29th. ATB Capital upped their price target on shares of Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, TD Securities dropped their price objective on shares of Kinaxis from C$195.00 to C$190.00 and set a “buy” rating on the stock in a report on Friday, November 1st. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$192.67.

About Kinaxis

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.