Kornit Digital (KRNT) Scheduled to Post Quarterly Earnings on Monday
Kornit Digital (NASDAQ:KRNT) is scheduled to post its quarterly earnings results after the market closes on Monday, November 12th. Analysts expect Kornit Digital to post earnings of $0.09 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
NASDAQ KRNT opened at $20.06 on Friday. The stock has a market cap of $734.86 million, a price-to-earnings ratio of 178.50 and a beta of 0.67. Kornit Digital has a 1 year low of $11.70 and a 1 year high of $22.20.
Several analysts have issued reports on the company. Needham & Company LLC boosted their price objective on Kornit Digital from $18.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, August 7th. BidaskClub upgraded Kornit Digital from a “sell” rating to a “hold” rating in a report on Thursday, September 6th. Stifel Nicolaus boosted their price objective on Kornit Digital from $21.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, October 8th. ValuEngine upgraded Kornit Digital from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. Finally, Barclays restated a “buy” rating and set a $22.00 price objective on shares of Kornit Digital in a report on Wednesday, August 8th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Kornit Digital currently has a consensus rating of “Buy” and a consensus target price of $22.60.
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Kornit Digital Ltd. develops, manufactures, and markets industrial digital printing technologies for the garment, apparel, and textile industries. The company focuses on the direct-to-garment and roll-to-roll segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software, and value added services.
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