Scotiabank Issues Pessimistic Outlook for Kinaxis Earnings

Kinaxis Inc. (TSE:KXS) – Stock analysts at Scotiabank cut their FY2026 EPS estimates for Kinaxis in a report released on Wednesday, August 19th. Scotiabank analyst K. Krishnaratne now anticipates that the company will earn $2.46 per share for the year, down from their previous estimate of $2.47. The consensus estimate for Kinaxis’ current full-year earnings is $4.25 per share. Scotiabank also issued estimates for Kinaxis’ FY2027 earnings at $3.33 EPS.

Other equities research analysts also recently issued research reports about the company. Canadian Imperial Bank of Commerce boosted their price objective on Kinaxis from C$173.00 to C$205.00 in a report on Friday, June 5th. BMO Capital Markets lifted their price target on shares of Kinaxis from C$195.00 to C$200.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Stifel Nicolaus decreased their price target on shares of Kinaxis from C$245.00 to C$200.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. National Bank Financial boosted their price target on shares of Kinaxis from C$200.00 to C$210.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada raised their price objective on shares of Kinaxis from C$200.00 to C$210.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Seven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Kinaxis currently has an average rating of “Buy” and a consensus price target of C$203.12.

Kinaxis Stock Up 0.2%

Shares of TSE:KXS opened at C$180.19 on Monday. The business’s 50 day simple moving average is C$160.18 and its two-hundred day simple moving average is C$147.49. The firm has a market cap of C$4.90 billion, a P/E ratio of 58.89, a PEG ratio of 3.60 and a beta of 0.76. The company has a debt-to-equity ratio of 11.14, a quick ratio of 2.29 and a current ratio of 1.88. Kinaxis has a 52-week low of C$117.22 and a 52-week high of C$195.08.

Kinaxis (TSE:KXS) last issued its earnings results on Wednesday, August 5th. The company reported C$1.08 EPS for the quarter. Kinaxis had a return on equity of 20.88% and a net margin of 14.40%.The company had revenue of C$230.64 million during the quarter.

Insiders Place Their Bets

In other news, Director Gillian H. (Jill) Denham sold 15,968 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of C$171.36, for a total value of C$2,736,276.48. Following the completion of the sale, the director owned 18,732 shares in the company, valued at C$3,209,915.52. This represents a 46.02% decrease in their position. Also, Director Robert G. Courteau sold 5,010 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of C$151.39, for a total transaction of C$758,463.90. Following the completion of the sale, the director owned 32,945 shares of the company’s stock, valued at approximately C$4,987,543.55. This represents a 13.20% decrease in their position. Insiders sold a total of 28,664 shares of company stock worth $4,839,012 in the last three months. 1.20% of the stock is owned by corporate insiders.

Kinaxis Company Profile

Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain – from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption.