Alert: New Earnings Report (11/8/23)-Kornit Digital Ltd (NASDAQ: KRNT).


For its third fiscal quarter (ending September 30), Kornit Digital Ltd (NASDAQ: KRNT) has reported E.P.S. of $-0.17 compared to $-0.38 a year ago. This result fell short of the consensus estimate of $-0.08 by $-0.09. For the latest four quarters through September 30, E.P.S. were $-1.55 versus $-0.86 for the same period a year ago.


Recent Price Action

Kornit Digital Ltd (NASDAQ: KRNT) stock closed at $16.43 on 11/8/23 after a modest decline of -0.4%. The stock has risen 19.1% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, KRNT is expected to continue to be a modest Value Eraser.

Kornit Digital has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kornit Digital has a neutral Appreciation Score of 45 and a slightly negative Power Rating of 40, producing the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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