Kornit Digital Ltd. (NASDAQ: KRNT) is -83.33% lower on its value in year-to-date trading and has touched a low of $20.40 and a high of $173.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KRNT stock was last observed hovering at around $25.40 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $25.38, the stock is -2.78% and -4.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing -0.08% at the moment leaves the stock -45.42% off its SMA200. KRNT registered -84.75% loss for a year compared to 6-month loss of -34.42%.
The stock witnessed a -10.41% gain in the last 1 month and extending the period to 3 months gives it a -20.16%, and is -6.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.35% over the week and 6.96% over the month.
Kornit Digital Ltd. (KRNT) has around 882 employees, a market worth around $1.34B and $295.80M in sales. Profit margin for the company is -14.50%. Distance from 52-week low is 24.41% and -85.34% from its 52-week high. The company has generated returns on investments over the last 12 months (1.40%).
Kornit Digital Ltd. (KRNT) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Kornit Digital Ltd. (KRNT) is a “Buy”. 7 analysts offering their recommendations for the stock have an average rating of 1.90, where 1 rate it as a Hold and 1 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 382.50% this year
Kornit Digital Ltd. (KRNT) Top Institutional Holders
The shares outstanding are 49.83M, and float is at 49.59M with Short Float at 3.34%.
Kornit Digital Ltd. (KRNT): Who are the competitors?
The company’s main competitors (and peers) include Quad/Graphics Inc. (QUAD) that is -8.66% lower over the past 12 months. Advanced Emissions Solutions Inc. (ADES) is -55.52% down on the 1-year trading charts.