Cormark Has Optimistic Outlook of kneat.com FY2024 Earnings

kneat.com, inc. (TSE:KSI) – Investment analysts at Cormark upped their FY2024 earnings per share (EPS) estimates for shares of kneat.com in a report released on Thursday, November 7th. Cormark analyst G. Fairweather now forecasts that the company will post earnings of ($0.08) per share for the year, up from their prior forecast of ($0.12). The consensus estimate for kneat.com’s current full-year earnings is ($0.12) per share. Cormark also issued estimates for kneat.com’s FY2025 earnings at ($0.02) EPS and FY2026 earnings at $0.03 EPS.

Several other research analysts have also recently issued reports on KSI. Cibc World Mkts upgraded shares of kneat.com to a “strong-buy” rating in a report on Tuesday, October 29th. Ventum Cap Mkts upgraded shares of kneat.com to a “strong-buy” rating in a research note on Wednesday, August 7th. Finally, CIBC set a C$6.00 price objective on shares of kneat.com and gave the stock an “outperform” rating in a research note on Tuesday, October 29th.

kneat.com Price Performance

KSI opened at C$4.99 on Monday. The company has a market capitalization of C$429.14 million, a price-to-earnings ratio of -31.19, a PEG ratio of 597.67 and a beta of 1.08. The company has a current ratio of 1.47, a quick ratio of 1.50 and a debt-to-equity ratio of 95.14. kneat.com has a 12-month low of C$2.73 and a 12-month high of C$5.17. The business’s fifty day simple moving average is C$4.77 and its 200-day simple moving average is C$4.52.

kneat.com Company Profile

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.