Kinaxis (OTCMKTS:KXSCF) Releases Quarterly Earnings Results, Misses Expectations By $0.25 EPS

by · The Markets Daily

Kinaxis (OTCMKTS:KXSCF – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.25), Zacks reports. Kinaxis had a return on equity of 20.95% and a net margin of 14.42%.

Kinaxis Trading Up 2.5%

KXSCF traded up $3.40 on Wednesday, reaching $141.10. 7,155 shares of the company traded hands, compared to its average volume of 10,796. Kinaxis has a one year low of $84.70 and a one year high of $143.50. The firm has a fifty day simple moving average of $128.91 and a two-hundred day simple moving average of $112.15. The company has a market cap of $3.82 billion and a P/E ratio of 56.90. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10.

Analyst Upgrades and Downgrades

KXSCF has been the subject of a number of recent analyst reports. BMO Capital Markets restated an “outperform” rating on shares of Kinaxis in a report on Tuesday, August 4th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Kinaxis in a research note on Monday, July 20th. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company currently has an average rating of “Buy”.

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Kinaxis Company Profile

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Kinaxis Inc is a Canadian technology company that provides supply chain orchestration and planning software. Its solutions help organizations coordinate demand, supply, inventory, production, transportation and other supply chain activities across complex global operations.

The company’s primary platform, Kinaxis Maestro, is designed to support concurrent planning, supply and demand balancing, sales and operations planning, inventory management, control-tower visibility and scenario analysis.

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