Kornit Digital (NASDAQ:KRNT) will be releasing its earnings data after the market closes on Tuesday, February 13th. Analysts expect Kornit Digital to post earnings of $0.05 per share for the quarter.

Kornit Digital (NASDAQ:KRNT) opened at $13.50 on Friday. Kornit Digital has a fifty-two week low of $12.85 and a fifty-two week high of $23.15. The company has a market capitalization of $450.36, a P/E ratio of -1,350.00, a price-to-earnings-growth ratio of 0.94 and a beta of 0.02.

Several research firms recently commented on KRNT. Barclays set a $19.00 price target on Kornit Digital and gave the company a “buy” rating in a report on Wednesday, January 10th. BidaskClub cut Kornit Digital from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 9th. TheStreet raised Kornit Digital from a “c” rating to a “b-” rating in a report on Thursday, January 11th. Zacks Investment Research raised Kornit Digital from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Citigroup raised Kornit Digital from a “neutral” rating to a “buy” rating and set a $19.00 price target for the company in a report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $19.83.

A hedge fund recently raised its stake in Kornit Digital stock. State Street Corp boosted its holdings in shares of Kornit Digital Ltd (NASDAQ:KRNT) by 75.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,769 shares of the industrial products company’s stock after acquiring an additional 38,678 shares during the quarter. State Street Corp owned about 0.27% of Kornit Digital worth $1,738,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 82.34% of the company’s stock.

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About Kornit Digital

Kornit Digital Ltd. develops, designs and markets digital printing solutions for the global printed textile industry. The Company’s solutions include its digital printing systems, ink and other consumables, associated software and value added services. Its customers include custom decorators, online businesses, brand owners and contract printers.

Earnings History for Kornit Digital (NASDAQ:KRNT)

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