Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Kornit Digital Ltd (NASDAQ: KRNT) closed at $25.09 in the last session, down -1.88% from day before closing price of $25.57. In other words, the price has decreased by -$1.88 from its previous closing price. On the day, 0.62 million shares were traded.
Ratios:
We take a closer look at KRNT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.67. For the most recent quarter (mrq), Quick Ratio is recorded 12.52 and its Current Ratio is at 13.88. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on November 26, 2024, initiated with a Overweight rating and assigned the stock a target price of $39.
On November 09, 2023, Craig Hallum Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $23.
Morgan Stanley Upgraded its Equal-Weight to Overweight on August 10, 2023, while the target price for the stock was maintained at $29.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 14 ’25 when HANOVER LAURI A bought 20,727 shares for $29.15 per share.
Ben Zur Ofer bought 6,170 shares of KRNT for $198,057 on Dec 16 ’24. On Nov 14 ’24, another insider, Cohen Yuval, who serves as the Director of the company, bought 29,610 shares for $31.79 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.97 while its Price-to-Book (P/B) ratio in mrq is 1.51.
Stock Price History:
Over the past 52 weeks, KRNT has reached a high of $34.28, while it has fallen to a 52-week low of $13.59. The 50-Day Moving Average of the stock is -16.63%, while the 200-Day Moving Average is calculated to be 9.71%.
Shares Statistics:
A total of 47.74M shares are outstanding, with a floating share count of 47.64M. Insiders hold about 0.19% of the company’s shares, while institutions hold 96.33% stake in the company.
