Kornit Digital (KRNT) Scheduled to Post Quarterly Earnings on Tuesday
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.
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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.
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