NASDAQ:KRNTKornit Digital Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kornit Digital Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $46.02 -1.04 (-2.21 %) (As of 05/27/2020 12:02 PM ET) Add Compare Share Today's Range$45.73Now: $46.02▼$48.3150-Day Range$23.05MA: $31.43▼$50.0052-Week Range$22.17Now: $46.02▼$51.79Volume12,905 shsAverage Volume492,503 shsMarket Capitalization$1.87 billionP/E RatioN/ADividend YieldN/ABeta1.56 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital, Ltd. was founded in 2002 and is headquartered in Rosh-Ha`Ayin, Israel.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingKornit Digital has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.25, Kornit Digital has a potential downside of 12.5% from its current price of $46.02.Amount of Analyst CoverageKornit Digital has only been the subject of 4 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesKornit Digital has received 332 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKornit Digital has received 244 “underperform” votes. (Add your “underperform” vote.)Community SentimentKornit Digital has received 57.64% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Kornit Digital and other stocks. Vote “Outperform” if you believe KRNT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KRNT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldKornit Digital does not currently pay a dividend.Dividend GrowthKornit Digital does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kornit Digital insiders have not sold or bought any company stock.Percentage Held by Institutions91.09% of the stock of Kornit Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Kornit Digital are expected to grow in the coming year, from ($0.16) to $0.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kornit Digital is -575.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Kornit Digital is -575.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioKornit Digital has a P/B Ratio of 5.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.3Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.17 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Printing trades machinery Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:KRNT Previous Symbol CUSIPN/A CIK1625791 Webwww.kornit.com Phone972-3908-5800Debt Debt-to-Equity Ratio0.06 Current Ratio5.75 Quick Ratio4.69Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$179.87 million Price / Sales10.42 Cash Flow$0.43 per share Price / Cash Flow108.28 Book Value$8.14 per share Price / Book5.65Profitability EPS (Most Recent Fiscal Year)$0.36 Net Income$10.17 million Net Margins-1.77% Return on Equity-0.51% Return on Assets-0.43%Miscellaneous Employees444 Outstanding Shares40,720,000Market Cap$1.87 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable NASDAQ:KRNT Rates by TradingView Receive KRNT News and Ratings via Email Sign-up to receive the latest news and ratings for KRNT and its competitors with MarketBeat's FREE daily newsletter. Kornit Digital (NASDAQ:KRNT) Frequently Asked Questions How has Kornit Digital's stock been impacted by COVID-19 (Coronavirus)? Kornit Digital's stock was trading at $34.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KRNT stock has increased by 33.5% and is now trading at $46.02. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Kornit Digital? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Kornit Digital. When is Kornit Digital's next earnings date? Kornit Digital is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Kornit Digital. How were Kornit Digital's earnings last quarter? Kornit Digital Ltd (NASDAQ:KRNT) announced its quarterly earnings data on Tuesday, May, 19th. The industrial products company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.13. The industrial products company earned $26.80 million during the quarter, compared to analysts' expectations of $26.59 million. Kornit Digital had a negative net margin of 1.77% and a negative return on equity of 0.51%. The firm's revenue was down 31.6% on a year-over-year basis. During the same quarter last year, the business earned $0.03 EPS. View Kornit Digital's earnings history. What price target have analysts set for KRNT? 5 analysts have issued 1 year price targets for Kornit Digital's stock. Their forecasts range from $34.00 to $46.00. On average, they anticipate Kornit Digital's stock price to reach $40.25 in the next year. This suggests that the stock has a possible downside of 12.5%. View analysts' price targets for Kornit Digital. Has Kornit Digital been receiving favorable news coverage? Media coverage about KRNT stock has trended somewhat positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kornit Digital earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutKornit Digital. Who are some of Kornit Digital's key competitors? Some companies that are related to Kornit Digital include Mitsubishi Heavy Industries (MHVYF), TORAY INDUSTRIE/ADR (TRYIY), Graco (GGG), A. O. Smith (AOS), AB SKF (SKFRY), Cimic Group (CIM), Tenaris (TS), AptarGroup (ATR), Rolls-Royce (RR), DAI NIPPON PRTG/S (DNPLY), Hubbell (HUBB), ASAHI GLASS/ADR (ASGLY), Pentair (PNR), Reliance Steel & Aluminum (RS) and Donaldson (DCI). View all competitors. What other stocks do shareholders of Kornit Digital own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kornit Digital investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), AT&T (T), Verizon Communications (VZ), Alibaba Group (BABA), Walt Disney (DIS), JD.Com (JD), Cisco Systems (CSCO) and CVS Health (CVS). Who are Kornit Digital's key executives? Kornit Digital's management team includes the following people: Mr. Ronen Samuel, Chief Exec. Officer (Age 50)Mr. Guy Avidan, Chief Financial Officer (Age 57)Mr. Gilad Yron, Exec. VP of Sales (Age 46)Mr. Ofer Ben-Zur, Co-Founder & Director (Age 54)Mr. Ilan Givon, VP of Operations When did Kornit Digital IPO? (KRNT) raised $99 million in an initial public offering on Thursday, April 2nd 2015. The company issued 7,100,000 shares at $13.00-$15.00 per share. Barclays and Citigroup acted as the underwriters for the IPO and William Blair, Stifel, Canaccord Genuity and Needham were co-managers. What is Kornit Digital's stock symbol? Kornit Digital trades on the NASDAQ under the ticker symbol "KRNT." Who are Kornit Digital's major shareholders? Kornit Digital's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wasatch Advisors Inc. (9.68%), Granahan Investment Management Inc. MA (3.75%), Blair William & Co. IL (3.52%), BlackRock Inc. (3.49%), Riverbridge Partners LLC (3.26%) and Harel Insurance Investments & Financial Services Ltd. (2.73%). Which institutional investors are selling Kornit Digital stock? KRNT stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Phoenix Holdings Ltd., Janus Henderson Group PLC, Loomis Sayles & Co. L P, Lord Abbett & CO. LLC, Nuveen Asset Management LLC, Summit Creek Advisors LLC, and Chicago Capital LLC. Which institutional investors are buying Kornit Digital stock? KRNT stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Wasatch Advisors Inc., Granahan Investment Management Inc. MA, Disciplined Growth Investors Inc. MN, Harel Insurance Investments & Financial Services Ltd., Aperture Investors LLC, Nicholas Investment Partners LP, and Waddell & Reed Financial Inc.. How do I buy shares of Kornit Digital? Shares of KRNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Kornit Digital's stock price today? One share of KRNT stock can currently be purchased for approximately $46.02. How big of a company is Kornit Digital? Kornit Digital has a market capitalization of $1.87 billion and generates $179.87 million in revenue each year. The industrial products company earns $10.17 million in net income (profit) each year or $0.36 on an earnings per share basis. Kornit Digital employs 444 workers across the globe. What is Kornit Digital's official website? The official website for Kornit Digital is www.kornit.com. How can I contact Kornit Digital? Kornit Digital's mailing address is 12 HAAMAL STREET, ROSH-HAAYIN L3, 4809246. The industrial products company can be reached via phone at 972-3908-5800 or via email at [email protected] This page was last updated on 5/27/2020 by MarketBeat.com Staff
