Kinaxis (OTCMKTS:KXSCF) Posts Earnings Results, Beats Expectations By $997.86 EPS

Kinaxis (OTCMKTS:KXSCF) issued its quarterly earnings results on Wednesday. The company reported $999.00 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $997.86, reports. Kinaxis had a return on equity of 16.43% and a net margin of 12.90%.

Kinaxis Stock Down 1.5%

KXSCF stock traded down $1.55 during midday trading on Wednesday, hitting $102.70. The company’s stock had a trading volume of 9,736 shares, compared to its average volume of 10,753. The company has a market cap of $2.81 billion and a PE ratio of 151.03. Kinaxis has a 12 month low of $84.70 and a 12 month high of $158.91. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.10. The firm’s 50-day moving average is $100.26 and its 200-day moving average is $111.74.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reissued an “outperform” rating on shares of Kinaxis in a research report on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

About Kinaxis

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.