Kornit Digital (NASDAQ:KRNT - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $47.26 million for the quarter. Kornit Digital has set its Q1 2025 guidance at EPS.
Kornit Digital (NASDAQ:KRNT - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The industrial products company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.14). Kornit Digital had a negative return on equity of 1.51% and a negative net margin of 8.24%. On average, analysts expect Kornit Digital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Kornit Digital Stock Up 2.4%
KRNT traded up $0.46 during midday trading on Monday, reaching $19.65. The company had a trading volume of 145,635 shares, compared to its average volume of 289,608. The business has a 50-day moving average of $19.43 and a two-hundred day moving average of $25.94. The company has a market cap of $934.40 million, a P/E ratio of -56.09 and a beta of 2.00. Kornit Digital has a 1 year low of $13.59 and a 1 year high of $34.29.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on KRNT shares. Needham & Company LLC cut their target price on Kornit Digital from $34.00 to $28.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Cantor Fitzgerald upgraded Kornit Digital to a "strong-buy" rating in a research report on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Kornit Digital presently has a consensus rating of "Moderate Buy" and a consensus target price of $32.80.
Check Out Our Latest Research Report on Kornit Digital
About Kornit Digital
(
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Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services.
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