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NASDAQ:KRNT

Kornit Digital Stock Forecast, Price & News

$67.91
+1.98 (+3.00 %)
(As of 10/29/2020 12:00 AM ET)
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Today's Range
$64.49
Now: $67.91
$68.04
50-Day Range
$57.09
MA: $64.24
$72.60
52-Week Range
$22.17
Now: $67.91
$73.18
Volume217,320 shs
Average Volume330,508 shs
Market Capitalization$2.78 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.57
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: 1.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.19 out of 5 stars

Industry, Sector and Symbol

Industry Printing trades machinery
Sub-IndustryN/A
Current SymbolNASDAQ:KRNT
CUSIPN/A
Phone972-3908-5800
Employees444

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

Market Cap$2.78 billion
Next Earnings Date11/10/2020 (Confirmed)
OptionableOptionable
$67.91
+1.98 (+3.00 %)
(As of 10/29/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Kornit Digital (NASDAQ:KRNT) Frequently Asked Questions

How has Kornit Digital's stock price been impacted by Coronavirus (COVID-19)?

Kornit Digital's stock was trading at $34.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KRNT stock has increased by 97.0% and is now trading at $67.91.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Kornit Digital's next earnings date?

Kornit Digital is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for Kornit Digital
.

How can I listen to Kornit Digital's earnings call?

Kornit Digital will be holding an earnings conference call on Tuesday, November 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Kornit Digital's earnings last quarter?

Kornit Digital Ltd (NASDAQ:KRNT) issued its quarterly earnings results on Tuesday, August, 11th. The industrial products company reported ($0.09) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.13) by $0.04. The industrial products company earned $37.44 million during the quarter, compared to analyst estimates of $34.65 million. Kornit Digital had a negative return on equity of 2.09% and a negative net margin of 5.05%.
View Kornit Digital's earnings history
.

What price target have analysts set for KRNT?

6 Wall Street analysts have issued 12-month target prices for Kornit Digital's stock. Their forecasts range from $50.00 to $70.00. On average, they anticipate Kornit Digital's share price to reach $64.60 in the next twelve months. This suggests that the stock has a possible downside of 4.9%.
View analysts' price targets for Kornit Digital
.

Are investors shorting Kornit Digital?

Kornit Digital saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 738,800 shares, an increase of 24.3% from the September 30th total of 594,300 shares. Based on an average daily volume of 246,300 shares, the days-to-cover ratio is currently 3.0 days.
View Kornit Digital's Short Interest
.

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 Advanced Micro Devices (AMD), NVIDIA (NVDA), QUALCOMM (QCOM), Carnival Co. & (CCL), Micron Technology (MU), Taiwan Semiconductor Manufacturing (TSM), CVS Health (CVS), The Walt Disney (DIS), JD.com (JD) and Marvell Technology Group (MRVL).

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 served 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 retail and institutional investors. Top institutional investors include Standard Life Aberdeen plc (3.46%), Riverbridge Partners LLC (3.37%), Harel Insurance Investments & Financial Services Ltd. (2.89%), Chicago Capital LLC (2.06%), Artemis Investment Management LLP (0.98%) and CWM LLC (0.38%).

Which institutional investors are selling Kornit Digital stock?

KRNT stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Chicago Capital LLC, Summit Creek Advisors LLC, Artemis Investment Management LLP, CWM LLC, Cutler Group LP, Winslow Evans & Crocker Inc., and Thompson Investment Management Inc..

Which institutional investors are buying Kornit Digital stock?

KRNT stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Riverbridge Partners LLC, Empowered Funds LLC, DekaBank Deutsche Girozentrale, State of New Jersey Common Pension Fund D, Envestnet Asset Management Inc., Icon Wealth Partners LLC, and Rothschild Investment Corp IL.

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 $67.91.

How big of a company is Kornit Digital?

Kornit Digital has a market capitalization of $2.78 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 10/30/2020 by MarketBeat.com Staff

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