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S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
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NASDAQ:KRNT

Kornit Digital Stock Forecast, Price & News

$83.18
+2.69 (+3.34 %)
(As of 11/25/2020 12:00 AM ET)
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Today's Range
$79.41
Now: $83.18
$83.60
50-Day Range
$64.63
MA: $71.50
$83.50
52-Week Range
$22.17
Now: $83.18
$85.00
Volume168,858 shs
Average Volume323,795 shs
Market Capitalization$3.41 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.69
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry worldwide. The company's solutions include digital printing systems, ink and other consumables, associated software, and value added services. It products and services include direct-to-garment printing systems from smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and 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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Kornit Digital logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.32 out of 5 stars


Industry, Sector and Symbol

Industry Printing trades machinery
Sub-IndustryN/A
Current SymbolNASDAQ:KRNT
CUSIPN/A
Phone972-3908-5800
Employees547

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$179.87 million
Cash Flow$0.56 per share
Book Value$8.31 per share

Profitability

Net Income$10.17 million

Miscellaneous

Market Cap$3.41 billion
Next Earnings Date2/9/2021 (Estimated)
OptionableOptionable
$83.18
+2.69 (+3.34 %)
(As of 11/25/2020 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 COVID-19?

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 (WHO). Since then, KRNT shares have increased by 141.2% and is now trading at $83.18.
View which stocks have been most impacted by COVID-19
.

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 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Kornit Digital
.

What stocks does MarketBeat like better than Kornit Digital?

Wall Street analysts have given Kornit Digital a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Kornit Digital wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Kornit Digital's next earnings date?

Kornit Digital is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Kornit Digital
.

How were Kornit Digital's earnings last quarter?

Kornit Digital Ltd. (NASDAQ:KRNT) posted its earnings results on Tuesday, November, 10th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.04. The industrial products company earned $59.55 million during the quarter, compared to the consensus estimate of $55.29 million. Kornit Digital had a negative return on equity of 2.09% and a negative net margin of 5.05%. The firm's revenue was up 19.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.21 earnings per share.
View Kornit Digital's earnings history
.

What price target have analysts set for KRNT?

5 analysts have issued 1 year price targets for Kornit Digital's shares. Their forecasts range from $68.00 to $76.00. On average, they expect Kornit Digital's share price to reach $70.80 in the next twelve months. This suggests that the stock has a possible downside of 14.9%.
View analysts' price targets for Kornit Digital
.

Are investors shorting Kornit Digital?

Kornit Digital saw a decline in short interest in the month of October. As of October 30th, there was short interest totaling 585,200 shares, a decline of 20.8% from the October 15th total of 738,800 shares. Based on an average daily trading volume, of 239,300 shares, the short-interest ratio is currently 2.4 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, CEO & Director (Age 51, Pay $962k)
  • Mr. Guy Avidan, Chief Financial Officer (Age 58, Pay $570k)
  • Mr. Amir Shaked-Mandel, Exec. VP of Corp. Devel.
  • Mr. Haggai Abbo, Exec. VP of Product Devel.
  • Mr. Ofer Ben-Zur, Co-Founder & Director (Age 55)
  • Mr. Ilan Givon, Exec. VP of Operations
  • Mr. Kobi Mann, Chief Technology Officer (Age 41)
  • Mr. Omer Kulka, Chief Marketing Officer (Age 41)
  • Ms. Ayelet Oryan Godard, Exec. VP of HR
  • Ms. Jecka Glasman, Chief Commercial Officer (Age 52)

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 a price of $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 number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors Inc. (10.96%), Standard Life Aberdeen plc (3.46%), Riverbridge Partners LLC (3.37%), Harel Insurance Investments & Financial Services Ltd. (2.89%), Blair William & Co. IL (2.45%) and BlackRock Inc. (2.35%).

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, Arrowstreet Capital Limited Partnership, Blair William & Co. IL, Summit Creek Advisors LLC, Artemis Investment Management LLP, Sphera Funds Management LTD., and Phoenix Holdings Ltd..

Which institutional investors are buying Kornit Digital stock?

KRNT stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Victory Capital Management Inc., Allianz Asset Management GmbH, Harel Insurance Investments & Financial Services Ltd., Raymond James Financial Services Advisors Inc., Riverbridge Partners LLC, State of Tennessee Treasury Department, and Empowered Funds 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, Robinhood, Fidelity, and Charles Schwab.

What is Kornit Digital's stock price today?

One share of KRNT stock can currently be purchased for approximately $83.18.

How big of a company is Kornit Digital?

Kornit Digital has a market capitalization of $3.41 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 547 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 11/26/2020 by MarketBeat.com Staff

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