Kinaxis Inc. (TSE:KXS) Senior Officer Sells C$243,319.95 in Stock

Kinaxis Inc. (TSE:KXS) Senior Officer David Peter Kelly sold 1,500 shares of Kinaxis stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of C$162.21, for a total transaction of C$243,319.95.

Kinaxis Stock Performance

Shares of Kinaxis stock opened at C$171.25 on Thursday. The business has a 50-day simple moving average of C$156.12 and a 200 day simple moving average of C$154.65. Kinaxis Inc. has a one year low of C$132.93 and a one year high of C$172.83. The company has a debt-to-equity ratio of 12.40, a current ratio of 1.90 and a quick ratio of 2.29. The firm has a market capitalization of C$4.84 billion, a price-to-earnings ratio of 171.25, a PEG ratio of 3.60 and a beta of 0.78.

Kinaxis (TSE:KXS) last issued its 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 for the quarter, compared to analyst estimates of C$170.56 million. On average, research analysts anticipate that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.

Analyst Ratings Changes

KXS has been the topic of a number of research reports. TD Securities decreased 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. Stifel Nicolaus reduced their price target on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. ATB Capital increased their price target on Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Finally, Scotiabank cut their price objective on Kinaxis from C$200.00 to C$190.00 in a research note on Thursday, August 29th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Kinaxis presently has a consensus 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.