Kinaxis Inc. (TSE:KXS) Senior Officer Vasile Gelu Ticala Sells 3,000 Shares

Kinaxis Inc. (TSE:KXS) Senior Officer Vasile Gelu Ticala sold 3,000 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of C$174.50, for a total value of C$523,500.00. Following the completion of the sale, the insider now directly owns 596 shares of the company’s stock, valued at approximately C$104,002. This trade represents a 83.43 % decrease in their position.

Kinaxis Stock Down 0.2 %

Shares of TSE:KXS opened at C$179.11 on Friday. The firm has a market capitalization of C$5.06 billion, a P/E ratio of 179.11, a P/E/G ratio of 3.60 and a beta of 0.78. The company has a debt-to-equity ratio of 12.40, a quick ratio of 2.29 and a current ratio of 1.90. The stock has a 50 day moving average price of C$162.75 and a 200-day moving average price of C$156.90. Kinaxis Inc. has a 52-week low of C$132.93 and a 52-week high of C$182.05.

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

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. TD Securities dropped their price objective on Kinaxis from C$195.00 to C$190.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Stifel Nicolaus decreased their price objective on shares of Kinaxis from C$210.00 to C$195.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. ATB Capital increased their target price on shares of Kinaxis from C$205.00 to C$215.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Scotiabank reduced their price target on Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Kinaxis has a consensus rating of “Moderate Buy” and an average 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.