Kornit Digital Ltd's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 66 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 19.50.In the medium term, the stock price is expected to trend up.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Kornit Digital Ltd is 6.70, ranking 128 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 53.13M, representing a year-over-year increase of 4.73%, while its net profit experienced a year-over-year increase of 185.46%.
Key Metrics
The current valuation score of Kornit Digital Ltd is 7.48, ranking 90 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Its current P/E ratio is -49.60, which is -82.38% below the recent high of -8.74 and -150.27% above the recent low of -124.14.
The current earnings forecast score of Kornit Digital Ltd is 7.71, ranking 73 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The average price target is 19.00, with a high of 26.00 and a low of 15.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Kornit Digital Ltd is 7.13, ranking 133 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. Currently, the stock price is trading between the resistance level at 15.58 and the support level at 12.80, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Kornit Digital Ltd is 10.00, ranking 1 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The latest institutional shareholding proportion is 94.11%, representing a quarter-over-quarter decrease of 4.58%. The largest institutional shareholder is Baillie Gifford, holding a total of 1.57M shares, representing 3.40% of shares outstanding, with 193.15% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Machinery, Tools, Heavy Vehicles, Trains & Ships domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Kornit Digital Ltd is 5.75, ranking 88 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The company's beta value is 1.82. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
