NASDAQ:KRNT - Kornit Digital Stock Price, Price Target & More

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

Kornit Digital Ltd (NASDAQ:KRNT) issued its quarterly earnings data on Tuesday, May, 8th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.08. The industrial products company had revenue of $31.10 million for the quarter, compared to the consensus estimate of $29.42 million. Kornit Digital had a return on equity of 2.54% and a net margin of 0.24%. The business's revenue was up 14.8% on a year-over-year basis. During the same period in the prior year, the business earned ($0.02) earnings per share. View Kornit Digital's Earnings History.

Kornit Digital is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Kornit Digital.

5 brokerages have issued 12-month price targets for Kornit Digital's shares. Their forecasts range from $18.00 to $26.00. On average, they anticipate Kornit Digital's stock price to reach $20.6667 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Ratings for Kornit Digital.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Kornit Digital include Belden (BDC), Greif, Inc. Class A (GEF), Bodycote (BYPLF), Sims Metal Management (SMSMY), Brickworks (BKW), China High Speed T (CHSTY), iRobot (IRBT), Redrow (RDW), NV Bekaert (BEKB), Aggreko (ARGKF), Franklin Electric (FELE), Mobile Mini (MINI), Lonking (LONKF), AlarmCom (ALRM) and Chart Industries (GTLS).

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

News coverage about KRNT stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kornit Digital earned a media sentiment score of 0.20 on Accern's scale. They also gave news stories about the industrial products company an impact score of 44.76 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Kornit Digital's stock is owned by many different of institutional and retail investors. Top institutional investors include American Capital Management Inc. (7.89%), Summit Creek Advisors LLC (1.36%), Essex Investment Management Co. LLC (0.63%) and Thompson Investment Management Inc. (0.04%). View Institutional Ownership Trends for Kornit Digital.

KRNT stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC and Essex Investment Management Co. LLC. View Insider Buying and Selling for Kornit Digital.

KRNT stock was purchased by a variety of institutional investors in the last quarter, including American Capital Management Inc. and Thompson Investment Management Inc.. View Insider Buying and Selling for 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.

One share of KRNT stock can currently be purchased for approximately $19.10.

Kornit Digital has a market capitalization of $674.14 million and generates $114.09 million in revenue each year. Kornit Digital employs 412 workers across the globe.

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]