Kinaxis (KXSCF) Projected to Post Quarterly Earnings on Wednesday

Kinaxis (OTCMKTS:KXSCF) is anticipated to post its results after the market closes on Wednesday, November 4th. Analysts expect Kinaxis to announce earnings of $0.97 per share and revenue of $152.07 million for the quarter.

Kinaxis Stock Performance

Shares of KXSCF opened at $137.20 on Monday. The stock’s 50-day moving average price is $128.61 and its 200 day moving average price is $112.00. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $3.72 billion and a price-to-earnings ratio of 55.32. Kinaxis has a 12-month low of $84.70 and a 12-month high of $143.50.

Wall Street Analysts Forecast Growth

KXSCF has been the topic of several recent research reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Kinaxis in a report on Monday, July 20th. BMO Capital Markets restated an “outperform” rating on shares of Kinaxis in a research note on Tuesday, August 4th. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Kinaxis Company Profile

Kinaxis Inc is a Canadian technology company that provides supply chain orchestration and planning software. Its solutions help organizations coordinate demand, supply, inventory, production, transportation and other supply chain activities across complex global operations.

The company’s primary platform, Kinaxis Maestro, is designed to support concurrent planning, supply and demand balancing, sales and operations planning, inventory management, control-tower visibility and scenario analysis.