Kornit Digital (KRNT) Set to Announce Earnings on Monday
Kornit Digital (NASDAQ:KRNT) is scheduled to post its quarterly earnings results after the market closes on Monday, November 18th. Analysts expect Kornit Digital to post earnings of $0.12 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Kornit Digital stock opened at $34.22 on Friday. The stock has a 50-day moving average price of $32.77 and a 200 day moving average price of $29.88. The stock has a market cap of $1.38 billion, a PE ratio of 142.58 and a beta of 1.11. The company has a current ratio of 7.23, a quick ratio of 6.35 and a debt-to-equity ratio of 0.04. Kornit Digital has a 52 week low of $16.10 and a 52 week high of $35.73.
Several equities analysts recently commented on KRNT shares. BidaskClub raised Kornit Digital from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 27th. Stifel Nicolaus set a $35.00 price target on Kornit Digital and gave the stock a “buy” rating in a research report on Wednesday, August 7th. TheStreet raised Kornit Digital from a “c+” rating to a “b” rating in a research report on Wednesday, August 7th. ValuEngine raised Kornit Digital from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Zacks Investment Research raised Kornit Digital from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 24th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Kornit Digital currently has an average rating of “Buy” and a consensus price target of $29.00.
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry. The company's solutions include digital printing systems, ink and other consumables, associated software, and value added services. It offers direct-to-garment printing systems from smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and value added services, such as maintenance and support, and professional services.
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