NASDAQ:KRNT - Kornit Digital Stock Price, Forecast & News

Kornit Digital trades on the NASDAQ under the ticker symbol "KRNT."

Kornit Digital Ltd (NASDAQ:KRNT) announced its earnings results on Monday, November, 18th. The industrial products company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.09. The industrial products company earned $49.70 million during the quarter, compared to analyst estimates of $48.68 million. Kornit Digital had a net margin of 4.75% and a return on equity of 2.15%. The company's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. View Kornit Digital's Earnings History.

Kornit Digital is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Kornit Digital.

Kornit Digital issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$46.5-50.5 million, compared to the consensus revenue estimate of $$49.35 million.

4 equities research analysts have issued twelve-month price targets for Kornit Digital's stock. Their forecasts range from $25.00 to $40.00. On average, they anticipate Kornit Digital's share price to reach $33.33 in the next twelve months. This suggests that the stock has a possible downside of 18.2%. View Analyst Price Targets for Kornit Digital.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kornit Digital.

News headlines about KRNT stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kornit Digital earned a daily sentiment score of -1.7 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Kornit Digital.

Some companies that are related to Kornit Digital include HITACHI CONSTR/ADR (HTCMY), Berkeley Group (BKG), Berry Global Group (BERY), Middleby (MIDD), Sealed Air (SEE), Sonoco Products (SON), Lincoln Electric (LECO), Metso Oyj (MXCYY), GEA Group Aktiengesellschaft (GEAGY), AGCO (AGCO), Snc-Lavalin Group (SNC), Meggitt (MGGT), MSA Safety (MSA), Tetra Tech (TTEK) and Graphic Packaging (GPK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kornit Digital investors own include Intuitive Surgical (ISRG), NVIDIA (NVDA), JD.Com (JD), Micron Technology (MU), Alibaba Group (BABA), QUALCOMM (QCOM), CVS Health (CVS), Walt Disney (DIS), Paypal (PYPL) and Roku (ROKU).

(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.

Kornit Digital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Chicago Capital LLC (2.80%), Artemis Investment Management LLP (1.11%), Summit Creek Advisors LLC (0.98%), Winslow Evans & Crocker Inc. (0.04%), IFP Advisors Inc (0.00%) and Lenox Wealth Advisors LLC (0.00%).

KRNT stock was sold by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Winslow Evans & Crocker Inc. and Summit Creek Advisors LLC.

KRNT stock was bought by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, IFP Advisors Inc and Lenox Wealth Advisors LLC.

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.

One share of KRNT stock can currently be purchased for approximately $40.76.

Kornit Digital has a market capitalization of $1.65 billion and generates $142.37 million in revenue each year. The industrial products company earns $12.43 million in net income (profit) each year or $0.24 on an earnings per share basis. Kornit Digital employs 444 workers across the globe.View Additional Information About Kornit Digital.

The official website for Kornit Digital is http://www.kornit.com/.

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]