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NASDAQ:KRNTKornit Digital Stock Price, Forecast & News

$50.00
+0.67 (+1.36 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$48.21
Now: $50.00
$51.79
50-Day Range
$23.05
MA: $29.30
$49.33
52-Week Range
$22.17
Now: $50.00
$51.79
Volume649,787 shs
Average Volume509,006 shs
Market Capitalization$2.04 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.56
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.
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Beat the Market (BTM) Rank

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

Industry Printing trades machinery
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNASDAQ:KRNT
CUSIPN/A
Phone972-3908-5800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$179.87 million
Cash Flow$0.46 per share
Book Value$8.31 per share

Profitability

Net Income$10.17 million

Miscellaneous

Employees444
Market Cap$2.04 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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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 reached pandemic status according to the World Health Organization. Since then, KRNT shares have increased by 45.0% and is now trading at $50.00. 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) released its quarterly earnings data on Tuesday, May, 19th. The industrial products company reported ($0.22) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.13. The industrial products company earned $26.80 million during the quarter, compared to the consensus estimate of $26.59 million. Kornit Digital had a negative return on equity of 0.51% and a negative net margin of 1.77%. The business's revenue was down 31.6% compared to the same quarter last year. During the same period last year, the firm posted $0.03 EPS. View Kornit Digital's earnings history.

What price target have analysts set for KRNT?

5 brokerages have issued 1-year price objectives for Kornit Digital's shares. 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 twelve months. This suggests that the stock has a possible downside of 19.5%. View analysts' price targets for Kornit Digital.

Has Kornit Digital been receiving favorable news coverage?

News stories about KRNT stock have trended very positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kornit Digital earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutKornit Digital.

Who are some of Kornit Digital's key 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 bought 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 $50.00.

How big of a company is Kornit Digital?

Kornit Digital has a market capitalization of $2.04 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 5/25/2020 by MarketBeat.com Staff

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