Nice niche. SaaS in the cloud, but caters to supply chains with a rapid response platform. An example of SaaS that can incorporate generative AI. Swings between profitability and not. For such a big company, it should be more consistent. Price target of $220.
Strong company with good underlying economics.
High share price a concern.
Would wait for share price to fall before investing (max 30x cash earnings).
(A Top Pick Nov 19/21, Down 38%) Surprised that company trading at such low multiple. Tech companies hit hard in selloff. Supply chain technology is in demand during Covid-19. Has sold shares.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has done a round trip over the last year Double digit top-line growth rate that is expected to grow in 2022. Gross margins are in the 60% range. Balance sheet is also strong. The focus on supply chains will be good for the company. Earnings have been volatile, and valuation is still elevated. Likes the company. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has shown strong historical performance with an amazing track record. Many companies are looking for ways to better manage supply chains and they will benefit from this. Not a cheap stock but merits its premium through revenue growth, profitability and balance sheet. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They announced a solid quarter with both revenues and EPS beating estimates. The company also acquired an AI supply chain company. Revenue growth should continue as it enters new markets. Solid cash balance, good cash flow and strong recurring growth. Unlock Premium - Try 5i Free
Kinaxis Inc is a Canadian stock, trading under the symbol KXS-T on the Toronto Stock Exchange (KXS-CT). It is usually referred to as TSX:KXS or KXS-T
In the last year, 11 stock analysts published opinions about KXS-T. 8 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kinaxis Inc.
Kinaxis Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Kinaxis Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
11 stock analysts on Stockchase covered Kinaxis Inc In the last year. It is a trending stock that is worth watching.
On 2023-09-25, Kinaxis Inc (KXS-T) stock closed at a price of $152.34.
Will continue to do well. Growing really fast. Hit an EPS growth target of 15% every year for the last decade. Really likes the story.