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

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$23.78 +0.07 (+0.30 %)
(As of 03/22/2019 04:05 AM ET)
Previous Close$23.71
Today's Range$23.5651 - $24.32
52-Week Range$12.45 - $24.32
Volume192,464 shs
Average Volume281,402 shs
Market Capitalization$832.35 million
P/E Ratio99.08
Dividend YieldN/A
Beta0.98
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.

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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$142.37 million
Cash Flow$0.3971 per share
Book Value$5.12 per share

Profitability

Net Income$12.42 million

Miscellaneous

EmployeesN/A
Market Cap$832.35 million
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) issued its quarterly earnings data on Tuesday, February, 12th. The industrial products company reported $0.04 EPS for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.06. The industrial products company had revenue of $37.80 million for the quarter, compared to the consensus estimate of $38.11 million. Kornit Digital had a return on equity of 5.09% and a net margin of 8.73%. Kornit Digital's quarterly revenue was up 26.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.04 earnings per share. View Kornit Digital's Earnings History.

When is Kornit Digital's next earnings date?

Kornit Digital is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Kornit Digital.

What price target have analysts set for KRNT?

6 brokers have issued twelve-month target prices for Kornit Digital's stock. Their forecasts range from $20.00 to $25.00. On average, they anticipate Kornit Digital's share price to reach $23.00 in the next year. This suggests that the stock has a possible downside of 3.3%. 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?

Press coverage about KRNT stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kornit Digital earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the immediate future.

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 GrubHub (GRUB), Celgene (CELG), Micron Technology (MU), YY (YY), Twitter (TWTR), General Electric (GE), Raytheon (RTN), Square (SQ), NVIDIA (NVDA) and CVS Health (CVS).

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 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.

Who are Kornit Digital's major shareholders?

Kornit Digital's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include American Capital Management Inc. (8.14%), Clal Insurance Enterprises Holdings Ltd (7.46%), Royce & Associates LP (1.65%), Kornitzer Capital Management Inc. KS (1.64%), Lord Abbett & CO. LLC (1.63%) and United Services Automobile Association (1.62%).

Which major investors are selling Kornit Digital stock?

KRNT stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Elk Creek Partners LLC, Millennium Management LLC, United Services Automobile Association, Kornitzer Capital Management Inc. KS, RMB Capital Management LLC, CWM LLC and Two Sigma Investments LP.

Which major investors are buying Kornit Digital stock?

KRNT stock was acquired by a variety of institutional investors in the last quarter, including Clal Insurance Enterprises Holdings Ltd, Harel Insurance Investments & Financial Services Ltd., Summit Partners Public Asset Management LLC, Global Alpha Capital Management Ltd., American Capital Management Inc., BlackRock Inc., Menta Capital LLC and D. E. Shaw & Co. Inc..

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 $23.78.

How big of a company is Kornit Digital?

Kornit Digital has a market capitalization of $832.35 million and generates $142.37 million in revenue each year. The industrial products company earns $12.42 million in net income (profit) each year or $0.24 on an earnings per share basis.

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 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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  244 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  413
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 3/22/2019 by MarketBeat.com Staff

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