NASDAQ:KRNT Kornit Digital Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kornit Digital Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $31.25 -0.45 (-1.42%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$30.77▼$32.6250-Day Range$31.25▼$73.2152-Week Range$30.43▼$181.38Volume845,928 shsAverage Volume574,457 shsMarket Capitalization$1.55 billionP/E Ratio260.44Dividend YieldN/APrice Target$173.80 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kornit Digital Stock Forecast (MarketRank)Analyst RatingBuy3.00 Rating ScoreUpside/Downside456.2% Upside$173.80 Price TargetShort InterestHealthy2.40% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.79Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.07) to $1.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.87 out of 5 starsIndustrial Products Sector125th out of 255 stocksPrinting Trades Machinery Industry1st out of 3 stocks 3.5 Analyst's Opinion Consensus RatingKornit Digital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $173.80, Kornit Digital has a forecasted upside of 456.2% from its current price of $31.25.Amount of Analyst CoverageKornit Digital has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.40% of the outstanding shares of Kornit Digital have been sold short.Short Interest Ratio / Days to CoverKornit Digital has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kornit Digital has recently increased by 5.31%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldKornit Digital does not currently pay a dividend.Dividend GrowthKornit Digital does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KRNT. Previous Next 2.7 News and Social Media Coverage News SentimentKornit Digital has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Kornit Digital this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for KRNT on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kornit Digital insiders have not sold or bought any company stock.Percentage Held by Institutions92.13% of the stock of Kornit Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Kornit Digital are expected to grow in the coming year, from ($0.07) to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kornit Digital is 260.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 64.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Kornit Digital is 260.44, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 231.08.Price to Book Value per Share RatioKornit Digital has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KRNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kornit Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address About Kornit Digital (NASDAQ:KRNT)Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, consulting, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.Read More KRNT Stock News HeadlinesJune 30, 2022 | finance.yahoo.comImplied Volatility Surging for Kornit Digital (KRNT) Stock OptionsJune 22, 2022 | finance.yahoo.comBear of the Day: Kornit Digital, Ltd. (KRNT)June 22, 2022 | finance.yahoo.comPenske Automotive and Kornit Digital have been highlighted as Zacks Bull and Bear of the DayJune 21, 2022 | finance.yahoo.comWasatch Global’s Greatest Q1 Detractor: Kornit Digital (KRNT)June 19, 2022 | finance.yahoo.comDespite shrinking by US$189m in the past week, Kornit Digital (NASDAQ:KRNT) shareholders are still up 75% over 5 yearsJune 19, 2022 | americanbankingnews.comKornit Digital Ltd. (NASDAQ:KRNT) Given Consensus Rating of "Buy" by BrokeragesJune 15, 2022 | finance.yahoo.comIs Kornit Digital (KRNT) Still a Worthy Investment Choice?June 14, 2022 | finance.yahoo.comKRNT Jul 2022 35.000 putJune 14, 2022 | nasdaq.comRSI Alert: Kornit Digital (KRNT) Now OversoldJune 1, 2022 | finance.yahoo.comKornit Digital Announces Participation in Upcoming Investor ConferencesMay 16, 2022 | finance.yahoo.comKornit Fashion Week London 2022: Disrupting the Ideation-to-Production Status Quo for Brands, Creators, and Consumers AlikeMay 14, 2022 | nasdaq.comKornit Digital Ltd Shares Close the Day 11.1% Higher - Daily WrapMay 12, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Kornit Digital, Issuer Direct, and Research SolutionsMay 11, 2022 | marketwatch.comKornit Digital Shares Touch 52-Week Low After Swings to 1Q LossMay 11, 2022 | seekingalpha.comKornit Digital dives after swinging to Q1 loss, issuing downside Q2 guidanceMay 11, 2022 | finance.yahoo.comKornit Digital (KRNT) Reports Break-Even Earnings for Q1May 11, 2022 | markets.businessinsider.comMid-Day Market Update: Crude Oil Surges 6%; Kornit Digital Shares PlummetMay 11, 2022 | seekingalpha.comKornit Digital Ltd. (KRNT) CEO Ronen Samuel on Q1 2022 Results - Earnings Call TranscriptMay 11, 2022 | finance.yahoo.comWhy Kornit Digital Shares Are Plunging TodayMay 11, 2022 | finance.yahoo.comKornit Digital Reports First Quarter 2022 ResultsMay 10, 2022 | seekingalpha.comKornit Digital Q1 2022 Earnings PreviewMay 10, 2022 | nasdaq.comOversold Conditions For Kornit Digital (KRNT)May 9, 2022 | finance.yahoo.comTime to Bottom Fish? 3 ‘Strong Buy’ Stocks That Are Down Around 50% This YearMay 3, 2022 | nz.finance.yahoo.comKornit Digital Ltd.'s (NASDAQ:KRNT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?April 28, 2022 | nasdaq.comInteresting KRNT Put And Call Options For June 17thSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Printing trades machinery Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:KRNT CUSIPN/A CIK1625791 Webwww.kornit.com Phone(723) 908-5800Fax972-3908-0280Employees882Year FoundedN/ACompany Calendar Last Earnings5/11/2022Today7/03/2022Next Earnings (Estimated)8/09/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$173.80 High Stock Price Forecast$200.00 Low Stock Price Forecast$147.00 Forecasted Upside/Downside+456.2%Consensus RatingBuy Rating Score (0-4)3 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.119990 Trailing P/E Ratio260.44 Forward P/E RatioN/A P/E GrowthN/ANet Income$15.53 million Net Margins1.54% Pretax Margin1.51% Return on Equity1.63% Return on Assets1.42% Debt Debt-to-Equity RatioN/A Current Ratio8.94 Quick Ratio8.01 Sales & Book Value Annual Sales$322.01 million Price / Sales4.82 Cash Flow$0.63 per share Price / Cash Flow49.64 Book Value$18.53 per share Price / Book1.69Miscellaneous Outstanding Shares49,620,000Free FloatN/AMarket Cap$1.55 billion OptionableOptionable Beta2.00 Kornit Digital Frequently Asked Questions Should I buy or sell Kornit Digital stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Kornit Digital stock. View analyst ratings for Kornit Digital or view top-rated stocks. What is Kornit Digital's stock price forecast for 2022? 5 Wall Street research analysts have issued twelve-month price objectives for Kornit Digital's shares. Their KRNT stock forecasts range from $147.00 to $200.00. On average, they anticipate Kornit Digital's stock price to reach $173.80 in the next year. This suggests a possible upside of 456.2% from the stock's current price. View analysts' price targets for Kornit Digital or view top-rated stocks among Wall Street analysts. How has Kornit Digital's stock price performed in 2022? Kornit Digital's stock was trading at $152.25 at the start of the year. Since then, KRNT shares have decreased by 79.5% and is now trading at $31.25. View the best growth stocks for 2022 here. When is Kornit Digital's next earnings date? Kornit Digital is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022. View our earnings forecast for Kornit Digital. How were Kornit Digital's earnings last quarter? Kornit Digital Ltd. (NASDAQ:KRNT) released its earnings results on Wednesday, May, 11th. The industrial products company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.18. The industrial products company earned $83.29 million during the quarter, compared to analyst estimates of $88.60 million. Kornit Digital had a net margin of 1.54% and a trailing twelve-month return on equity of 1.63%. View Kornit Digital's earnings history. What guidance has Kornit Digital issued on next quarter's earnings? Kornit Digital updated its second quarter 2022 earnings guidance on Wednesday, June, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $85.00 million-$95.00 million, compared to the consensus revenue estimate of $102.04 million. Who are Kornit Digital's key executives? Kornit Digital's management team includes the following people: Mr. Ronen Samuel, CEO & Director (Age 52, Pay $1M)Mr. Ilan Givon, Exec. VP of OperationsMr. Amir Shaked-Mandel, Exec. VP of Corp. Devel.Chuck Meyo, Pres of Kornit Digital North America IncMr. Ofer Ben-Zur, Co-Founder & Director (Age 57)Mr. Alon Rozner, Chief Financial Officer (Age 50)Mr. Kobi Mann, Chief Technology Officer (Age 43)Mr. Andrew G. Backman, Global Head of Investor Relations (Age 54)Mr. Omer Kulka, Chief Marketing Officer (Age 45)Ms. Ayelet Oryan Godard, Exec. VP of HR What is Ronen Samuel's approval rating as Kornit Digital's CEO? 15 employees have rated Kornit Digital CEO Ronen Samuel on Glassdoor.com. Ronen Samuel has an approval rating of 95% among Kornit Digital's employees. This puts Ronen Samuel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are some of Kornit Digital's key competitors? Some companies that are related to Kornit Digital include Meggitt (MGGT), Donaldson (DCI), GEA Group Aktiengesellschaft (GEAGF), Chart Industries (GTLS), Chart Industries (GTLS), Sonoco Products (SON), ADT (ADT), Kion Group (KIGRY), SiteOne Landscape Supply (SITE), RBC Bearings (ROLL), Smiths Group (SMIN), II-VI (IIVI), Terminix Global (TMX), Crane (CR) and Valmont Industries (VMI). View all of KRNT's 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), Walt Disney (DIS), JD.com (JD) and Marvell Technology (MRVL). 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 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." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Kornit Digital's stock price today? One share of KRNT stock can currently be purchased for approximately $31.25. How much money does Kornit Digital make? Kornit Digital (NASDAQ:KRNT) has a market capitalization of $1.55 billion and generates $322.01 million in revenue each year. The industrial products company earns $15.53 million in net income (profit) each year or $0.119990 on an earnings per share basis. How many employees does Kornit Digital have? Kornit Digital employs 882 workers across the globe. How can I contact Kornit Digital? Kornit Digital's mailing address is 12 HAAMAL STREET, ROSH-HAAYIN L3, 4809246. The official website for Kornit Digital is www.kornit.com. The industrial products company can be reached via phone at (723) 908-5800, via email at michael.callahan@icrinc.com, or via fax at 972-3908-0280. 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