NASDAQ:KRNT - Kornit Digital Stock Price, Forecast & News

Kornit Digital trades on the NASDAQ under the ticker symbol "KRNT."

Kornit Digital Ltd (NASDAQ:KRNT) released its quarterly earnings results on Tuesday, February, 11th. The industrial products company reported $0.17 EPS for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.04. The industrial products company had revenue of $48.65 million for the quarter, compared to analyst estimates of $48.49 million. Kornit Digital had a net margin of 3.18% and a return on equity of 3.02%. View Kornit Digital's Earnings History.

Kornit Digital is scheduled to release their next quarterly earnings announcement on Monday, May 11th 2020. View Earnings Estimates for Kornit Digital.

Kornit Digital issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$46.5-50.5 million, compared to the consensus revenue estimate of $$49.35 million.

4 Wall Street analysts have issued 12-month price objectives for Kornit Digital's shares. Their forecasts range from $45.00 to $47.00. On average, they expect Kornit Digital's stock price to reach $46.00 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Kornit Digital.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kornit Digital.

Media coverage about KRNT stock has been trending very negative on Tuesday, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kornit Digital earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage 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 stock's share price in the immediate future. View News Stories for Kornit Digital.

Some companies that are related to Kornit Digital include A. O. Smith (AOS), KION GRP AG/ADR (KIGRY), ASAHI GLASS/ADR (ASGLY), Smiths Group (SMIN), HD Supply (HDS), Berkeley Group (BKG), Donaldson (DCI), Norsk Hydro ASA (NHYDY), Middleby (MIDD), Flowserve (FLS), Snc-Lavalin Group (SNC), HITACHI CONSTR/ADR (HTCMY), Sonoco Products (SON), Lincoln Electric (LECO) and Metso Oyj (MXCYY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kornit Digital investors own include Intuitive Surgical (ISRG), NVIDIA (NVDA), JD.Com (JD), Alibaba Group (BABA), Verizon Communications (VZ), Micron Technology (MU), Paypal (PYPL), QUALCOMM (QCOM), CVS Health (CVS) and Walt Disney (DIS).

(KRNT) raised $99 million in an initial public offering (IPO) 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.

Kornit Digital's stock is owned by a variety of of retail and institutional investors. Top institutional investors include American Capital Management Inc. (7.34%), Migdal Insurance & Financial Holdings Ltd. (4.30%), Blair William & Co. IL (3.63%), Chicago Capital LLC (2.80%), Loomis Sayles & Co. L P (2.46%) and Harel Insurance Investments & Financial Services Ltd. (2.12%).

KRNT stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Senvest Management LLC, Royce & Associates LP, Kornitzer Capital Management Inc. KS, Pembroke Management LTD, Meitav Dash Investments Ltd., Blair William & Co. IL and Bank of America Corp DE.

KRNT stock was purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, FMR LLC, Madison Asset Management LLC, Migdal Insurance & Financial Holdings Ltd., California Public Employees Retirement System, Artemis Investment Management LLP, Harel Insurance Investments & Financial Services Ltd. and Goldman Sachs Group Inc..

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.

One share of KRNT stock can currently be purchased for approximately $44.34.

Kornit Digital has a market capitalization of $1.81 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.View Additional Information About Kornit Digital.

The official website for Kornit Digital is http://www.kornit.com/.

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]