Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard Sells 12,328 Shares

Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard sold 12,328 shares of the firm’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of C$154.39, for a total value of C$1,903,365.53.

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

• On Tuesday, March 19th, John Ernest Sicard sold 7,530 shares of Kinaxis stock. The shares were sold at an average price of C$147.15, for a total value of C$1,108,068.11.
• On Wednesday, March 6th, John Ernest Sicard sold 7,516 shares of Kinaxis stock. The shares were sold at an average price of C$148.11, for a total value of C$1,113,158.68.

Kinaxis Trading Down 0.7 %

Shares of TSE:KXS traded down C$1.12 during trading on Friday, reaching C$149.71. The company’s stock had a trading volume of 26,275 shares, compared to its average volume of 62,127. The company has a current ratio of 2.53, a quick ratio of 2.29 and a debt-to-equity ratio of 11.91. Kinaxis Inc. has a 12 month low of C$129.13 and a 12 month high of C$191.80. The firm’s 50 day simple moving average is C$151.22 and its two-hundred day simple moving average is C$152.35. The stock has a market capitalization of C$4.25 billion, a PE ratio of 210.86, a price-to-earnings-growth ratio of 3.60 and a beta of 0.77.

Kinaxis (TSE:KXS) last issued its earnings results on Wednesday, February 28th. The company reported C$0.59 EPS for the quarter, missing analysts’ consensus estimates of C$0.68 by C($0.09). The company had revenue of C$152.48 million for the quarter, compared to analysts’ expectations of C$153.36 million. Kinaxis had a return on equity of 3.42% and a net margin of 3.38%. On average, research analysts predict that Kinaxis Inc. will post 2.9035879 EPS for the current fiscal year.

Analysts Set New Price Targets

KXS has been the topic of a number of research analyst reports. Royal Bank of Canada reduced their price target on Kinaxis from C$220.00 to C$200.00 and set an “outperform” rating on the stock in a report on Friday, March 1st. TD Securities lowered their price objective on Kinaxis from C$210.00 to C$200.00 and set a “buy” rating on the stock in a research report on Friday, March 1st. Stifel Nicolaus lowered their price target on Kinaxis from C$235.00 to C$215.00 and set a “buy” rating on the stock in a report on Friday, March 1st. National Bankshares lowered their price target on Kinaxis from C$250.00 to C$225.00 and set an “outperform” rating on the stock in a report on Friday, March 1st. Finally, CIBC lowered their price target on Kinaxis from C$185.00 to C$180.00 and set an “outperform” rating on the stock in a report on Friday, March 1st. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$199.44.

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.