Scotiabank Has Bearish Outlook for Kinaxis FY2026 Earnings

Kinaxis Inc. (TSE:KXSFree Report) – Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Kinaxis in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst K. Krishnaratne now expects that the company will post earnings per share of $2.46 for the year, down from their previous forecast of $2.47. The consensus estimate for Kinaxis’ current full-year earnings is $4.25 per share. Scotiabank also issued estimates for Kinaxis’ FY2027 earnings at $3.33 EPS.

KXS has been the subject of several other reports. Royal Bank Of Canada boosted their target price on shares of Kinaxis from C$200.00 to C$210.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. National Bank Financial increased their price target on shares of Kinaxis from C$200.00 to C$210.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. BMO Capital Markets raised their price target on shares of Kinaxis from C$195.00 to C$200.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Canadian Imperial Bank of Commerce lifted their price objective on shares of Kinaxis from C$173.00 to C$205.00 in a report on Friday, June 5th. Finally, Stifel Nicolaus decreased their price objective on shares of Kinaxis from C$245.00 to C$200.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Kinaxis presently has a consensus rating of “Buy” and an average target price of C$203.12.

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Kinaxis Price Performance

Shares of TSE KXS opened at C$175.51 on Monday. The stock has a market capitalization of C$4.77 billion, a price-to-earnings ratio of 57.36, a PEG ratio of 3.60 and a beta of 0.76. Kinaxis has a 12 month low of C$117.22 and a 12 month high of C$193.48. The firm’s 50 day simple moving average is C$160.57 and its 200-day simple moving average is C$147.88. The company has a debt-to-equity ratio of 11.14, a current ratio of 1.88 and a quick ratio of 2.29.

Kinaxis (TSE:KXSGet Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported C$1.08 earnings per share (EPS) for the quarter. Kinaxis had a return on equity of 20.88% and a net margin of 14.40%.The company had revenue of C$230.64 million during the quarter.

Insider Buying and Selling

In other Kinaxis news, Director Robert G. Courteau sold 5,362 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of C$178.39, for a total transaction of C$956,527.18. Following the completion of the transaction, the director owned 37,898 shares of the company’s stock, valued at C$6,760,624.22. This represents a 12.39% decrease in their ownership of the stock. Also, insider Andrew William Robert Bell sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of C$179.48, for a total value of C$538,440.00. Following the completion of the transaction, the insider owned 1,455 shares in the company, valued at approximately C$261,143.40. This trade represents a 67.34% decrease in their position. Insiders sold a total of 34,026 shares of company stock worth $5,795,539 in the last quarter. 1.20% of the stock is owned by insiders.

About Kinaxis

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Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain – from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption.

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