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) posted its quarterly earnings results on Tuesday, May, 8th. The industrial products company reported $0.06 earnings per share for the quarter, topping 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 analyst estimates of $29.42 million. Kornit Digital had a return on equity of 2.54% and a net margin of 0.24%. The business's quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.02) EPS. 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 Wall Street analysts have issued 1 year price targets for Kornit Digital's shares. Their forecasts range from $18.00 to $26.00. On average, they anticipate Kornit Digital's share price to reach $20.6667 in the next year. This suggests a possible upside of 8.5% 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), Chart Industries (GTLS), Aggreko (ARGKF), Brickworks (BKW), China High Speed T (CHSTY), Redrow (RDW), NV Bekaert (BEKB), iRobot (IRBT), Franklin Electric (FELE), Mobile Mini (MINI), AlarmCom (ALRM) and Lonking (LONKF).

(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.

Media coverage about KRNT stock has been trending positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kornit Digital earned a news sentiment score of 0.26 on Accern's scale. They also gave media coverage about the industrial products company an impact score of 44.75 out of 100, indicating that recent press 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 a variety of of institutional and retail investors. Top institutional shareholders include American Capital Management Inc. (7.89%), Chicago Capital LLC (3.00%), 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 acquired by a variety of institutional investors in the last quarter, including Chicago Capital LLC, 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 $19.05.

Kornit Digital has a market capitalization of $668.99 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]