Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard Sells 24,147 Shares of Stock

Kinaxis Inc. (TSE:KXS) Director John Ernest Sicard sold 24,147 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of C$167.91, for a total value of C$4,054,585.55.

Kinaxis Stock Performance

Shares of TSE KXS opened at C$165.15 on Monday. The business has a fifty day simple moving average of C$159.29 and a 200 day simple moving average of C$155.52. The company has a current ratio of 1.90, a quick ratio of 2.29 and a debt-to-equity ratio of 12.40. The firm has a market capitalization of C$4.66 billion, a price-to-earnings ratio of 165.15, a PEG ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a one year low of C$132.93 and a one year high of C$174.25.

Kinaxis (TSE:KXS) last issued its earnings results on Wednesday, October 30th. The company reported C$0.47 EPS for the quarter, beating 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 analyst estimates of C$170.56 million. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. Sell-side analysts expect that Kinaxis Inc. will post 4.2526231 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on KXS shares. Scotiabank decreased their target price on Kinaxis from C$200.00 to C$190.00 in a research report on Thursday, August 29th. TD Securities decreased their target price on Kinaxis from C$195.00 to C$190.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Stifel Nicolaus decreased their target price on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Finally, ATB Capital upped their price target 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 stock. Based on data from MarketBeat, the company 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.