Kornit Digital Ltd. develops, manufactures, and markets industrial digital printing technologies for the garment, apparel, and textile industries. The company focuses on the direct-to-garment and roll-to-roll segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software, and value added services. It offers direct-to-garment printers from smaller commercial operators to mass producers; NeoPigment ink and other consumables; Vulcan, a digital substitution for carousel screen printing; 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.
Industry, Sector and Symbol
Industry Printing trades machinery
Sub-IndustryN/A
SectorIndustrial Products
Phone972-3908-5800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$142.37 million
Profitability
Miscellaneous
Employees412
OptionableOptionable
Kornit Digital (NASDAQ:KRNT) Frequently Asked Questions
What is Kornit Digital's stock symbol?
Kornit Digital trades on the NASDAQ under the ticker symbol "KRNT."
How were Kornit Digital's earnings last quarter?
Kornit Digital Ltd (NASDAQ:KRNT) released its quarterly earnings data on Tuesday, February, 12th. The industrial products company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.06. The industrial products company earned $37.80 million during the quarter, compared to analyst estimates of $38.11 million. Kornit Digital had a net margin of 8.73% and a return on equity of 5.09%. The company's revenue was up 26.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.04 earnings per share. View Kornit Digital's Earnings History.
When is Kornit Digital's next earnings date?
What price target have analysts set for KRNT?
6 brokers have issued 12 month price targets for Kornit Digital's stock. Their predictions range from $20.00 to $25.00. On average, they expect Kornit Digital's share price to reach $23.00 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Kornit Digital.
What is the consensus analysts' recommendation for Kornit Digital?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kornit Digital.
Has Kornit Digital been receiving favorable news coverage?
Press coverage about KRNT stock has trended somewhat negative on Thursday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kornit Digital earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Who are some of Kornit Digital's key competitors?
Some companies that are related to Kornit Digital include EnerSys (ENS), Silgan (SLGN), Colfax (CFX), Adelaide Brighton (ABC), Barnes Group (B), Resideo Technologies (REZI), Kennametal (KMT), Owens-Illinois (OI), AlarmCom (ALRM), Valmont Industries (VMI), Proto Labs (PRLB), Stella-Jones (SJ), Rexnord (RXN), UniFirst (UNF) and John Bean Technologies (JBT).
Who are Kornit Digital's key executives?
Kornit Digital's management team includes the folowing people:
- Mr. Guy Avidan, Chief Financial Officer (Age 57)
- Dr. Nuriel Amir Ph.D., Chief Technology Officer (Age 51)
- Mr. Gilad Yron, Exec. VP of Global Bus. (Age 46)
- Mr. Ronen Samuel, Chief Exec. Officer
- Mr. Ofer Ben-Zur, Co-Founder & Director (Age 54)
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 a price of $13.00-$15.00 per share. Barclays and Citigroup served as the underwriters for the IPO and William Blair, Stifel, Canaccord Genuity and Needham were co-managers.
Who are Kornit Digital's major shareholders?
Kornit Digital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include American Capital Management Inc. (8.14%), Clal Insurance Enterprises Holdings Ltd (7.46%), Royce & Associates LP (1.65%), Kornitzer Capital Management Inc. KS (1.64%), Lord Abbett & CO. LLC (1.63%) and United Services Automobile Association (1.62%).
Which institutional investors are selling Kornit Digital stock?
KRNT stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Elk Creek Partners LLC, Millennium Management LLC, United Services Automobile Association, Kornitzer Capital Management Inc. KS, RMB Capital Management LLC, CWM LLC and Two Sigma Investments LP.
Which institutional investors are buying Kornit Digital stock?
KRNT stock was bought by a variety of institutional investors in the last quarter, including Clal Insurance Enterprises Holdings Ltd, Harel Insurance Investments & Financial Services Ltd., Summit Partners Public Asset Management LLC, Global Alpha Capital Management Ltd., American Capital Management Inc., BlackRock Inc., Menta Capital LLC and D. E. Shaw & Co. 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, Scottrade, Fidelity and Charles Schwab.
What is Kornit Digital's stock price today?
One share of KRNT stock can currently be purchased for approximately $22.95.
How big of a company is Kornit Digital?
Kornit Digital has a market capitalization of $803.25 million and generates $142.37 million in revenue each year. The industrial products company earns $12.42 million in net income (profit) each year or $0.24 on an earnings per share basis. Kornit Digital employs 412 workers across the globe.
What is Kornit Digital's official website?
How can I contact Kornit Digital?
Kornit Digital's mailing address is 12 HA`AMAL STREET, ROSH-HA`AYIN L3, 4809246. The industrial products company can be reached via phone at 972-3908-5800 or via email at [email protected]
MarketBeat Community Rating for Kornit Digital (NASDAQ KRNT)
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.
