John Ernest Sicard Sells 7,323 Shares of Kinaxis Inc. (TSE:KXS) Stock

Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard sold 7,323 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$185.05, for a total transaction 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 Price Performance

TSE KXS opened at C$184.67 on Friday. The stock’s fifty day moving average price is C$167.27 and its 200 day moving average price is C$158.83. Kinaxis Inc. has a 1 year low of C$132.93 and a 1 year high of C$190.17. 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 company has a market cap of C$5.22 billion, a price-to-earnings ratio of 184.67, a PEG ratio of 3.60 and a beta of 0.78.

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

Analyst Ratings Changes

Several research firms recently weighed in on KXS. ATB Capital raised their target price on shares of Kinaxis from C$205.00 to C$215.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Scotiabank reduced their target price on Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. Finally, TD Securities dropped their price target 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. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.