Kornit Digital Ltd

Company Profile

Kornit Digital Ltd had its IPO on 2015-04-02 under the ticker symbol KRNT.

The company operates in the Industrials sector and Specialty Industrial Machinery industry. Kornit Digital Ltd has a staff strength of 934 employees.

Stock update

Shares of Kornit Digital Ltd opened at $20.87 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $20.25 - $21.01, and closed at $20.49.

This is a -2.48% slip from the previous day's closing price.

A total volume of 442,702 shares were traded at the close of the day’s session.

In the last one week, shares of Kornit Digital Ltd have slipped by -8.32%.

Kornit Digital Ltd's Key Ratios

Kornit Digital Ltd has a market cap of $1.03 billion, indicating a price to book ratio of 1.3036 and a price to sales ratio of 3.8071.

In the last 12-months Kornit Digital Ltd’s revenue was $234.07 million with a gross profit of $96.50 million and an EBITDA of $-67647000. The EBITDA ratio measures Kornit Digital Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kornit Digital Ltd’s operating margin was -35.39% while its return on assets stood at -5.37% with a return of equity of -10.08%.

In Q2, Kornit Digital Ltd’s quarterly earnings growth was a negative -84.3% while revenue growth was a negative 3.3%.

Kornit Digital Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0.89

Its diluted EPS in the last 12-months stands at $-1.77 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0.89. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Kornit Digital Ltd’s profitability.

Kornit Digital Ltd stock is trading at a EV to sales ratio of 2.5248 and a EV to EBITDA ratio of -17.7109. Its price to sales ratio in the trailing 12-months stood at 3.8071.

Kornit Digital Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$919.78 million

Total Liabilities

$61.64 million

Operating Cash Flow

$0

Capital Expenditure

$1.79 million

Dividend Payout Ratio

0%

Kornit Digital Ltd ended 2024 with $919.78 million in total assets and $0 in total liabilities. Its intangible assets were valued at $919.78 million while shareholder equity stood at $833.41 million.

Kornit Digital Ltd ended 2024 with $0 in deferred long-term liabilities, $61.64 million in other current liabilities, in common stock, $0 in retained earnings and $29.16 million in goodwill. Its cash balance stood at $101.32 million and cash and short-term investments were $363.88 million. The company’s total short-term debt was $4,753,000 while long-term debt stood at $0.

Kornit Digital Ltd’s total current assets stands at $559.13 million while long-term investments were $227.80 million and short-term investments were $262.56 million. Its net receivables were $107.04 million compared to accounts payable of $11.55 million and inventory worth $88.21 million.

In 2024, Kornit Digital Ltd's operating cash flow was $0 while its capital expenditure stood at $1.79 million.

Comparatively, Kornit Digital Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$20.49

52-Week High

$31.94

52-Week Low

$16.19

Analyst Target Price

$29.67

Kornit Digital Ltd stock is currently trading at $20.49 per share. It touched a 52-week high of $31.94 and a 52-week low of $31.94. Analysts tracking the stock have a 12-month average target price of $29.67.

Its 50-day moving average was $25.95 and 200-day moving average was $23.49 The short ratio stood at 1.51 indicating a short percent outstanding of 0%.

Around 9.2% of the company’s stock are held by insiders while 9240.8% are held by institutions.