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

$25.44
-4.43 (-14.83 %)
(As of 03/29/2020 01:35 AM ET)
Today's Range
$23.41
Now: $25.44
$26.95
50-Day Range
$24.12
MA: $37.45
$44.55
52-Week Range
$22.17
Now: $25.44
$45.21
Volume1.19 million shs
Average Volume424,279 shs
Market Capitalization$1.04 billion
P/E Ratio212.00
Dividend YieldN/A
Beta1.02
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry. The company's solutions include digital printing systems, ink and other consumables, associated software, and value added services. It offers direct-to-garment printing systems from smaller industrial operators to mass producers; NeoPigment ink and other consumables; 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.
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Kornit Digital logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$179.87 million
Cash Flow$0.39 per share
Book Value$8.31 per share

Profitability

Net Income$10.17 million

Miscellaneous

Employees444
Market Cap$1.04 billion
Next Earnings Date5/11/2020 (Estimated)
OptionableOptionable

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Kornit Digital (NASDAQ:KRNT) Frequently Asked Questions

How has Kornit Digital's stock been impacted by COVID-19 (Coronavirus)?

Kornit Digital's stock was trading at $34.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KRNT shares have decreased by 26.2% and is now trading at $25.44. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Kornit Digital's next earnings date?

Kornit Digital is scheduled to release its next quarterly earnings announcement on Monday, May 11th 2020. View our earnings forecast for Kornit Digital.

How were Kornit Digital's earnings last quarter?

Kornit Digital Ltd (NASDAQ:KRNT) announced its quarterly earnings data on Tuesday, February, 11th. The industrial products company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. The industrial products company earned $48.65 million during the quarter, compared to analyst estimates of $48.49 million. Kornit Digital had a return on equity of 3.02% and a net margin of 3.18%. View Kornit Digital's earnings history.

What price target have analysts set for KRNT?

4 Wall Street analysts have issued 12-month price objectives for Kornit Digital's stock. Their forecasts range from $31.00 to $47.00. On average, they anticipate Kornit Digital's share price to reach $41.33 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price. View analysts' price targets for Kornit Digital.

Has Kornit Digital been receiving favorable news coverage?

News stories about KRNT stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, 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 gave news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutKornit Digital.

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 Intuitive Surgical (ISRG), NVIDIA (NVDA), JD.Com (JD), Alibaba Group (BABA), Micron Technology (MU), QUALCOMM (QCOM), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ) and Paypal (PYPL).

Who are Kornit Digital's key executives?

Kornit Digital's management team includes the following people:
  • Mr. Ronen Samuel, Chief Exec. Officer (Age 50)
  • Mr. Guy Avidan, Chief Financial Officer (Age 57)
  • Mr. Gilad Yron, Exec. VP of Sales (Age 46)
  • Mr. Ofer Ben-Zur, Co-Founder & Director (Age 54)
  • Mr. Ilan Givon, VP of Operations

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."

Who are Kornit Digital's major shareholders?

Kornit Digital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include American Capital Management Inc. (7.34%), Migdal Insurance & Financial Holdings Ltd. (4.30%), Blair William & Co. IL (3.63%), Standard Life Aberdeen plc (3.26%), Janus Henderson Group PLC (2.84%) and Chicago Capital LLC (2.80%).

Which major investors are selling Kornit Digital stock?

KRNT stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Senvest Management LLC, Phoenix Holdings Ltd., Royce & Associates LP, Kornitzer Capital Management Inc. KS, Janus Henderson Group PLC, Pembroke Management LTD, and Meitav Dash Investments Ltd..

Which major investors are buying Kornit Digital stock?

KRNT stock was purchased by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Standard Life Aberdeen plc, FMR LLC, Madison Asset Management LLC, Migdal Insurance & Financial Holdings Ltd., California Public Employees Retirement System, Artemis Investment Management LLP, and Tandem Capital Management Corp ADV.

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 $25.44.

How big of a company is Kornit Digital?

Kornit Digital has a market capitalization of $1.04 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 444 workers across the globe. View additional information about Kornit Digital.

What is Kornit Digital's official website?

The official website for Kornit Digital is http://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]


MarketBeat Community Rating for Kornit Digital (NASDAQ KRNT)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  561
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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