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
Stock Exchange NASDAQ
Industry Printing trades machinery
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNASDAQ:KRNT
Previous Symbol
CUSIPN/A
Phone972-3908-5800
Debt
Debt-to-Equity RatioN/A
Current Ratio4.03
Quick Ratio3.07
Price-To-Earnings
Trailing P/E Ratio89.10
Forward P/E Ratio66.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$114.09 million
Price / Sales5.47
Cash Flow$0.1421 per share
Price / Cash Flow125.42
Book Value$4.47 per share
Price / Book3.99
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-2,010,000.00
Net Margins3.78%
Return on Equity4.53%
Return on Assets3.87%
Miscellaneous
Employees412
Outstanding Shares35,000,000
Market Cap$623.74 million
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) posted its quarterly earnings data on Monday, November, 12th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The industrial products company earned $37.60 million during the quarter, compared to the consensus estimate of $37.65 million. Kornit Digital had a net margin of 3.78% and a return on equity of 4.53%. The firm's quarterly revenue was up 32.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.05 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?
5 analysts have issued 12 month price targets for Kornit Digital's stock. Their forecasts range from $20.00 to $25.00. On average, they expect Kornit Digital's share price to reach $22.60 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price. View Analyst Price Targets for Kornit Digital.
What is the consensus analysts' recommendation 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." View Analyst Ratings for Kornit Digital.
Has Kornit Digital been receiving favorable news coverage?
News headlines about KRNT stock have been trending positive recently, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kornit Digital earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the company's share price in the near future.
Who are some of Kornit Digital's key competitors?
Some companies that are related to Kornit Digital include Colfax (CFX), iRobot (IRBT), Aggreko (ARGKF), John Bean Technologies (JBT), SiteOne Landscape Supply (SITE), Greif (GEF.B), Applied Industrial Technologies (AIT), Worthington Industries (WOR), Albany International (AIN), Brady (BRC), Greif (GEF), Terex (TEX), II-VI (IIVI), Horiba (HRIBF) and Chart Industries (GTLS).
Who are Kornit Digital's key executives?
Kornit Digital's management team includes the folowing people:
- Mr. Guy Avidan, Chief Financial Officer (Age 56)
- Dr. Nuriel Amir Ph.D., Chief Technology Officer (Age 50)
- Mr. Gilad Yron, Exec. VP of Global Bus. (Age 45)
- Mr. Ronen Samuel, Chief Exec. Officer
- Mr. Ofer Ben-Zur, Co-Founder & Director (Age 53)
When did Kornit Digital IPO?
(KRNT) raised $99 million in an initial public offering (IPO) 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.
Who are Kornit Digital's major shareholders?
Kornit Digital's stock is owned by a number of of retail and institutional investors. Top institutional investors include American Capital Management Inc. (8.05%), Blair William & Co. IL (4.53%), Chicago Capital LLC (3.44%), Gilder Gagnon Howe & Co. LLC (3.19%), Senvest Management LLC (2.79%) and Migdal Insurance & Financial Holdings Ltd. (2.00%).
Which major investors are selling Kornit Digital stock?
KRNT stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, United Services Automobile Association, Migdal Insurance & Financial Holdings Ltd., Elk Creek Partners LLC, Essex Investment Management Co. LLC, Blair William & Co. IL, Kornitzer Capital Management Inc. KS and AWM Investment Company Inc..
Which major investors are buying Kornit Digital stock?
KRNT stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Advisory Research Inc., Chicago Capital LLC, LA Financiere DE L Echiquier, Russell Investments Group Ltd., CWM LLC, American Capital Management Inc. and Broadview Advisors LLC.
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 $17.82.
How big of a company is Kornit Digital?
Kornit Digital has a market capitalization of $623.74 million and generates $114.09 million in revenue each year. 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.
