Kinaxis Inc. (TSE:KXS) Director Sells C$1,355,126.28 in Stock

Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard sold 7,323 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of C$185.05, for a total value of C$1,355,126.28.

John Ernest Sicard also recently made the following trade(s):

• On Thursday, November 14th, John Ernest Sicard sold 24,147 shares of Kinaxis stock. The stock was sold at an average price of C$167.91, for a total value of C$4,054,585.55.

Kinaxis Stock Performance

TSE KXS opened at C$181.90 on Friday. Kinaxis Inc. has a fifty-two week low of C$132.93 and a fifty-two week high of C$190.17. The stock has a market cap of C$5.14 billion, a price-to-earnings ratio of 181.90, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. The business has a fifty day moving average of C$167.73 and a 200-day moving average of C$159.04. The company has a quick ratio of 2.29, a current ratio of 1.90 and a debt-to-equity ratio of 12.40.

Kinaxis (TSE:KXS) last released its quarterly earnings results 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. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. The company had revenue of C$165.79 million during the quarter, compared to analysts’ expectations of C$170.56 million. As a group, analysts predict that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KXS. TD Securities reduced their price objective 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. Scotiabank reduced their price objective on Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. Finally, ATB Capital lifted 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. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Kinaxis presently 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.