Kinaxis (KXSCF) to Release Earnings on Wednesday

Key Points

• Kinaxis will report results on Wednesday, May 6, with analysts forecasting earnings of $1.13 per share and revenue of $155.412 million.
• Shares opened at $101.81 (trading down ~1.1%), with a market cap of $2.82 billion, a P/E of 149.72, a 1‑year range of $84.70–$158.91, and 50‑/200‑day SMAs of $99.57 and $112.31 respectively.
• Scotiabank reiterated an “outperform” rating and, overall, three analysts rate the stock a Buy, giving Kinaxis an average analyst rating of Buy.

Kinaxis (OTCMKTS:KXSCF - Get Free Report) is expected to post its resultson Wednesday, May 6th. Analysts expect Kinaxis to post earnings of $1.13 per share and revenue of $155.4120 million for the quarter.

Kinaxis Trading Down 1.1%

Shares of KXSCF stock opened at $101.81 on Wednesday. The firm has a market cap of $2.82 billion and a P/E ratio of 149.72. Kinaxis has a 1-year low of $84.70 and a 1-year high of $158.91. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.97 and a quick ratio of 1.97. The firm's 50-day simple moving average is $99.57 and its 200-day simple moving average is $112.31.

Analyst Upgrades and Downgrades

Separately, Scotiabank reiterated an "outperform" rating on shares of Kinaxis in a report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy".

Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.