Scotiabank Issues Pessimistic Forecast for Kinaxis Earnings

Key Points

• Scotiabank lowered its FY2026 EPS forecast for Kinaxis to $2.46 from $2.47, well below the broader consensus estimate of $4.25; it projects FY2027 EPS of $3.33.
• Despite the cautious forecast, analysts remain broadly positive: Kinaxis has a consensus “Buy” rating and a consensus price target of C$203.12, with several firms recently raising their targets.
• Kinaxis reported quarterly revenue of C$230.64 million and EPS of C$1.08, while insiders have sold 25,664 shares worth approximately C$4.3 million over the past three months.

Kinaxis Inc. (TSE:KXS - Free Report) - Scotiabank decreased their FY2026 EPS estimates for shares of Kinaxis in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst K. Krishnaratne now expects that the company will post earnings per share of $2.46 for the year, down from their previous estimate of $2.47. The consensus estimate for Kinaxis' current full-year earnings is $4.25 per share. Scotiabank also issued estimates for Kinaxis' FY2027 earnings at $3.33 EPS.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada boosted their price target on Kinaxis from C$200.00 to C$210.00 and gave the stock an "outperform" rating in a report on Friday, May 8th. National Bank Financial raised their price objective on Kinaxis from C$200.00 to C$210.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce lifted their target price on Kinaxis from C$173.00 to C$205.00 in a research report on Friday, June 5th. BMO Capital Markets boosted their target price on Kinaxis from C$195.00 to C$200.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. Finally, Stifel Nicolaus dropped their target price on shares of Kinaxis from C$245.00 to C$200.00 and set a "buy" rating for the company in a report on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating, According to MarketBeat.com, Kinaxis currently has a consensus rating of "Buy" and a consensus price target of C$203.12.

Kinaxis Stock Performance

Shares of KXS stock opened at C$179.75 on Monday. The stock's fifty day moving average price is C$159.68 and its two-hundred day moving average price is C$147.09. The company has a market cap of C$4.89 billion, a PE ratio of 58.74, a P/E/G ratio of 3.60 and a beta of 0.76. Kinaxis has a fifty-two week low of C$117.22 and a fifty-two week high of C$196.63. The company has a debt-to-equity ratio of 11.14, a quick ratio of 2.29 and a current ratio of 1.88.

Kinaxis (TSE:KXS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$1.08 earnings per share (EPS) for the quarter. Kinaxis had a net margin of 14.40% and a return on equity of 20.88%. The business had revenue of C$230.64 million for the quarter.

Insider Transactions at Kinaxis

In other Kinaxis news, Director Robert G. Courteau sold 5,010 shares of the business's stock in a transaction on Friday, May 29th. The shares were sold at an average price of C$151.39, for a total transaction of C$758,463.90. Following the sale, the director owned 32,945 shares of the company's stock, valued at approximately C$4,987,543.55. The trade was a 13.20% decrease in their ownership of the stock. Also, insider Andrew William Robert Bell sold 703 shares of the company's stock in a transaction on Friday, August 14th. The stock was sold at an average price of C$171.46, for a total transaction of C$120,536.38. Following the transaction, the insider owned 1,455 shares of the company's stock, valued at C$249,474.30. This trade represents a 32.58% decrease in their ownership of the stock. Over the last three months, insiders have sold 25,664 shares of company stock valued at $4,300,572. Corporate insiders own 1.20% of the company's stock.

Kinaxis Company Profile

Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain - from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today's volatility and disruption.

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