FY2025 Earnings Forecast for Kinaxis Issued By Stifel Canada

Kinaxis Inc. (TSE:KXS) – Research analysts at Stifel Canada upped their FY2025 earnings per share estimates for Kinaxis in a research report issued to clients and investors on Wednesday, October 23rd. Stifel Canada analyst S. Sukumar now anticipates that the company will post earnings per share of $2.94 for the year, up from their previous forecast of $2.86. The consensus estimate for Kinaxis’ current full-year earnings is $4.25 per share.

Kinaxis (TSE:KXS) last released its earnings results on Wednesday, July 31st. The company reported C$0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.27 by C$0.15. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. The firm had revenue of C$161.83 million during the quarter, compared to analysts’ expectations of C$160.55 million.

Several other equities analysts have also recently weighed in on KXS. TD Securities cut their price target on Kinaxis from C$200.00 to C$195.00 in a report on Friday, August 2nd. Scotiabank cut their price target on Kinaxis from C$200.00 to C$190.00 in a report on Thursday, August 29th. ATB Capital cut their price target on Kinaxis from C$215.00 to C$205.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. Finally, Stifel Nicolaus cut their price target on Kinaxis from C$210.00 to C$195.00 and set a “buy” rating for the company in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$192.11.

Kinaxis Stock Performance

TSE:KXS opened at C$157.00 on Monday. The company has a current ratio of 1.90, a quick ratio of 2.29 and a debt-to-equity ratio of 12.40. Kinaxis has a 12-month low of C$132.00 and a 12-month high of C$172.83. The stock has a 50-day moving average price of C$154.78 and a 200 day moving average price of C$154.12. The stock has a market capitalization of C$4.43 billion, a P/E ratio of 155.88, a P/E/G ratio of 3.60 and a beta of 0.78.

Insider Transactions at Kinaxis

In related news, Director Robert G. Courteau bought 2,800 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was purchased at an average price of C$138.01 per share, for a total transaction of C$386,428.00. In related news, Director Robert G. Courteau bought 2,800 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was purchased at an average price of C$138.01 per share, for a total transaction of C$386,428.00. Also, Senior Officer Megan Paterson sold 3,172 shares of Kinaxis stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$156.28, for a total value of C$495,720.16. Following the completion of the transaction, the insider now owns 121 shares of the company’s stock, valued at approximately C$18,909.88. This trade represents a 0.00 % decrease in their position. In the last 90 days, insiders sold 8,265 shares of company stock worth $1,268,146. 1.20% of the stock is currently owned by company insiders.

About Kinaxis

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.