KRNT has been the subject of several other research reports. TheStreet raised shares of Kornit Digital from a “c+” rating to a “b” rating in a research note on Wednesday, August 7th. Stifel Nicolaus set a $35.00 target price on shares of Kornit Digital and gave the stock a “buy” rating in a report on Wednesday, August 7th. Zacks Investment Research upgraded shares of Kornit Digital from a “strong sell” rating to a “hold” rating in a report on Saturday, August 24th. Finally, BidaskClub upgraded shares of Kornit Digital from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 27th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $29.00.
Shares of KRNT stock traded up $0.03 on Friday, hitting $34.22. The company’s stock had a trading volume of 272,100 shares, compared to its average volume of 305,546. The company has a debt-to-equity ratio of 0.04, a current ratio of 7.23 and a quick ratio of 6.35. Kornit Digital has a fifty-two week low of $16.10 and a fifty-two week high of $35.73. The firm’s fifty day moving average price is $32.77 and its 200-day moving average price is $29.88. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 142.58 and a beta of 1.11.
Kornit Digital Company Profile
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.
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