News coverage about Kornit Digital (NASDAQ:KRNT) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kornit Digital earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.5048538095155 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Several brokerages recently commented on KRNT. Craig Hallum assumed coverage on shares of Kornit Digital in a research report on Tuesday, July 11th. They issued a “buy” rating and a $26.00 price target for the company. Canaccord Genuity reiterated a “buy” rating and issued a $24.00 target price on shares of Kornit Digital in a research report on Tuesday, August 8th. Zacks Investment Research downgraded shares of Kornit Digital from a “hold” rating to a “sell” rating in a research report on Tuesday, May 16th. BidaskClub downgraded shares of Kornit Digital from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 19th. Finally, Barclays PLC increased their target price on shares of Kornit Digital from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $21.86.

Kornit Digital (NASDAQ KRNT) traded up 1.958% during midday trading on Thursday, reaching $16.925. 121,890 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $19.00 and its 200 day moving average is $18.56. Kornit Digital has a 1-year low of $8.90 and a 1-year high of $23.15. The stock’s market cap is $569.66 million.

Kornit Digital (NASDAQ:KRNT) last announced its quarterly earnings data on Monday, August 7th. The industrial products company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. The company had revenue of $28.59 million during the quarter, compared to the consensus estimate of $29.81 million. Kornit Digital had a negative net margin of 0.29% and a positive return on equity of 7.05%. The company’s quarterly revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.02 EPS. Equities analysts anticipate that Kornit Digital will post $0.42 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This story was first reported by Watch List News and is owned by of Watch List News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at

Kornit Digital Company Profile

Kornit Digital Ltd. develops, designs and markets digital printing solutions for the global printed textile industry. The Company’s solutions include its digital printing systems, ink and other consumables, associated software and value added services. Its customers include custom decorators, online businesses, brand owners and contract printers.

Insider Buying and Selling by Quarter for Kornit Digital (NASDAQ:KRNT)

Receive News & Ratings for Kornit Digital Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kornit Digital Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.