Kinaxis (OTCMKTS:KXSCF) Announces Quarterly Earnings Results, Beats Expectations By $997.86 EPS

Key Points

• Kinaxis reported quarterly EPS of $999.00, beating analysts' consensus of $1.14 by $997.86.
• Despite the surprise beat, shares fell $1.55 to $102.70; the stock has a market cap of $2.81 billion, a PE ratio of 151.03, and a 12‑month range of $84.70–$158.91.
• Analyst sentiment remains positive: Scotiabank reissued an "outperform" rating and three analysts have the stock rated as a Buy, giving an average rating of "Buy."

Kinaxis (OTCMKTS:KXSCF - Get Free Report) released its earnings results on Wednesday. The company reported $999.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $997.86, reports. Kinaxis had a return on equity of 16.43% and a net margin of 12.90%.

Kinaxis Price Performance

Shares of KXSCF traded down $1.55 during trading hours on Wednesday, reaching $102.70. The stock had a trading volume of 9,736 shares, compared to its average volume of 10,753. Kinaxis has a 12 month low of $84.70 and a 12 month high of $158.91. The stock has a market capitalization of $2.81 billion and a PE ratio of 151.03. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.97 and a current ratio of 1.97. The company's 50-day moving average is $100.26 and its two-hundred day moving average is $111.74.

Analysts Set New Price Targets

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

About Kinaxis

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.

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