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
Industry Printing trades machinery
Sub-IndustryN/A
SectorIndustrial Products
Phone972-3908-5800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$142.37 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/14/2019 (Estimated)
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) released its earnings results on Tuesday, February, 12th. The industrial products company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.10 by $0.06. The industrial products company earned $37.80 million during the quarter, compared to the consensus estimate of $38.11 million. Kornit Digital had a net margin of 8.73% and a return on equity of 5.09%. Kornit Digital's quarterly revenue was up 26.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.04 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?
6 brokerages have issued twelve-month price targets for Kornit Digital's stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate Kornit Digital's stock price to reach $24.6667 in the next twelve months. This suggests that the stock has a possible downside of 10.3%. View Analyst Price Targets for Kornit Digital.
What is the consensus analysts' recommendation for Kornit Digital?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kornit Digital in the last year. There are currently 1 hold rating and 5 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 coverage about KRNT stock has been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kornit Digital earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days.
Who are some of Kornit Digital's key competitors?
Some companies that are related to Kornit Digital include Graphic Packaging (GPK), DuluxGroup (DLX), Timken (TKR), Regal Beloit (RBC), IHI CORP/ADR (IHICY), iRobot (IRBT), Colfax (CFX), Travis Perkins (TPK), Axon Enterprise (AAXN), Tetra Tech (TTEK), Kennametal (KMT), Silgan (SLGN), RBC Bearings (ROLL), AlarmCom (ALRM) and John Bean Technologies (JBT).
What other stocks do shareholders of Kornit Digital own?
Who are Kornit Digital's key executives?
Kornit Digital's management team includes the folowing people:
- Mr. Guy Avidan, Chief Financial Officer (Age 57)
- Dr. Nuriel Amir Ph.D., Chief Technology Officer (Age 51)
- Mr. Gilad Yron, Exec. VP of Sales (Age 46)
- Mr. Ronen Samuel, Chief Exec. Officer
- Mr. Ofer Ben-Zur, Co-Founder & Director (Age 54)
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.
Who are Kornit Digital's major shareholders?
Kornit Digital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Pembroke Management LTD (1.69%) and Summit Creek Advisors LLC (1.47%).
Which institutional investors are buying Kornit Digital stock?
KRNT stock was bought by a variety of institutional investors in the last quarter, including Pembroke Management LTD and Summit Creek 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 $27.50.
How big of a company is Kornit Digital?
Kornit Digital has a market capitalization of $964.29 million 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.
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.
