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

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

Kornit Digital Ltd (NASDAQ:KRNT) posted its quarterly earnings results on Monday, November, 18th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.09. The industrial products company had revenue of $49.70 million for the quarter, compared to analysts' expectations of $48.68 million. Kornit Digital had a net margin of 4.75% and a return on equity of 2.15%. The business's quarterly revenue was up 26.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.13 earnings per share. 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 EPS 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 brokerages have issued 12-month target prices for Kornit Digital's stock. Their forecasts range from $25.00 to $46.00. On average, they anticipate Kornit Digital's share price to reach $37.00 in the next twelve months. This suggests that the stock has a possible downside of 8.7%. 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.

Media stories about KRNT stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media 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 closest to five being the most favorable. Kornit Digital earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact 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 HD Supply (HDS), Berkeley Group (BKG), Flowserve (FLS), Berry Global Group (BERY), HITACHI CONSTR/ADR (HTCMY), Middleby (MIDD), Sealed Air (SEE), Sonoco Products (SON), Lincoln Electric (LECO), Metso Oyj (MXCYY), GEA Group Aktiengesellschaft (GEAGY), Snc-Lavalin Group (SNC), AGCO (AGCO), Meggitt (MGGT) and MSA Safety (MSA).

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), Verizon Communications (VZ), Micron Technology (MU), QUALCOMM (QCOM), CVS Health (CVS), Walt Disney (DIS) and AT&T (T).

(KRNT) raised $99 million in an initial public offering on Thursday, April 2nd 2015. The company issued 7,100,000 shares at $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 retail and institutional investors. Top institutional investors include Chicago Capital LLC (2.80%), Artemis Investment Management LLP (1.11%), Summit Creek Advisors LLC (0.98%), Winslow Evans & Crocker Inc. (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%) and IFP Advisors Inc (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, Zurcher Kantonalbank Zurich Cantonalbank , 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 $40.52.

Kornit Digital has a market capitalization of $1.64 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]