On Friday, Kornit Digital Ltd (NASDAQ: KRNT) opened lower -4.39% from the last session, before settling in for the closing price of $14.12. Price fluctuations for KRNT have ranged from $12.78 to $34.28 over the past 52 weeks.
Company’s average yearly earnings per share was noted 1.71% at the time writing. With a float of $45.32 million, this company’s outstanding shares have now reached $45.33 million.
In an organization with 715 employees, it is important to assess its efficiency.
Kornit Digital Ltd (KRNT) Insider Updates
A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Kornit Digital Ltd is 0.02%, while institutional ownership is 99.85%. The most recent insider transaction that took place on Feb 14 ’25, was worth 604,192. Before that another transaction happened on Dec 16 ’24, when Company’s Director proposed sale 6,170 for $32.10, making the entire transaction worth $198,057.
Kornit Digital Ltd (KRNT) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.11 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.07) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.71% per share during the next fiscal year.
Kornit Digital Ltd (NASDAQ: KRNT) Trading Performance Indicators
Check out the current performance indicators for Kornit Digital Ltd (KRNT). In the past quarter, the stock posted a quick ratio of 11.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.95. Likewise, its price to free cash flow for the trailing twelve months is 22.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of Kornit Digital Ltd (KRNT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.56 million. That was better than the volume of 0.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.58%.
During the past 100 days, Kornit Digital Ltd’s (KRNT) raw stochastic average was set at 7.04%, which indicates a significant decrease from 18.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.66 in the past 14 days, which was lower than the 0.72 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.32, while its 200-day Moving Average is $19.70. However, in the short run, Kornit Digital Ltd’s stock first resistance to watch stands at $14.10. Second resistance stands at $14.69. The third major resistance level sits at $15.04. If the price goes on to break the first support level at $13.15, it is likely to go to the next support level at $12.80. Assuming the price breaks the second support level, the third support level stands at $12.21.
Kornit Digital Ltd (NASDAQ: KRNT) Key Stats
There are currently 44,795K shares outstanding in the company with a market cap of 611.92 million. Presently, the company’s annual sales total 203,830 K according to its annual income of -16,800 K. Last quarter, the company’s sales amounted to 49,750 K and its income totaled -7,520 K.
