How to buy Kornit Digital stock | $153.02

Kornit Digital Ltd is a specialty industrial machinery business based in the US. Kornit Digital shares (KRNT) are listed on the NASDAQ and all prices are listed in US Dollars. Kornit Digital employs 672 staff and has a trailing 12-month revenue of around 0.00.

Kornit Digital stock price (NASDAQ: KRNT)

Use our graph to track the performance of KRNT stocks over time.

Kornit Digital shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$153.02
52-week range	$63.52 - $164.22
50-day moving average	$144.16
200-day moving average	$121.01
Wall St. target price	$153.29
PE ratio	345.0334
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.45

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Is it a good time to buy Kornit Digital stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Kornit Digital price performance over time

Historical closes compared with the close of $153.02 from 2021-10-22

1 week (2021-10-15)	-1.23%
1 month (2021-09-24)	-4.90%
3 months (2021-07-23)	20.32%
6 months (2021-04-23)	48.66%

1 year (2020-10-23)	127.44%
2 years (2019-10-23)	350.85%
3 years (2018-10-23)	745.41%
5 years (2016-10-21)	1,400.20%

Is Kornit Digital under- or over-valued?

Valuing Kornit Digital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Kornit Digital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Kornit Digital's P/E ratio

Kornit Digital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 345x. In other words, Kornit Digital shares trade at around 345x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Kornit Digital's PEG ratio

Kornit Digital's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.89. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Kornit Digital's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Kornit Digital's EBITDA

Kornit Digital's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $26 million.

The EBITDA is a measure of a Kornit Digital's overall financial performance and is widely used to measure a its profitability.

Kornit Digital financials

Revenue TTM	$277.5 million
Operating margin TTM	7.36%
Gross profit TTM	$87.8 million
Return on assets TTM	2.45%
Return on equity TTM	4.66%
Profit margin	7.4%
Book value	$11.85
Market capitalisation	$7.2 billion

TTM: trailing 12 months

Shorting Kornit Digital shares

There are currently 610,459 Kornit Digital shares held short by investors – that's known as Kornit Digital's "short interest". This figure is 6.6% up from 572,719 last month.

There are a few different ways that this level of interest in shorting Kornit Digital shares can be evaluated.

Kornit Digital's "short interest ratio" (SIR)

Kornit Digital's "short interest ratio" (SIR) is the quantity of Kornit Digital shares currently shorted divided by the average quantity of Kornit Digital shares traded daily (recently around 253302.48962656). Kornit Digital's SIR currently stands at 2.41. In other words for every 100,000 Kornit Digital shares traded daily on the market, roughly 2410 shares are currently held short.

However Kornit Digital's short interest can also be evaluated against the total number of Kornit Digital shares, or, against the total number of tradable Kornit Digital shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Kornit Digital's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Kornit Digital shares in existence, roughly 10 shares are currently held short) or 0.0132% of the tradable shares (for every 100,000 tradable Kornit Digital shares, roughly 13 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Kornit Digital.

Find out more about how you can short Kornit Digital stock.

Kornit Digital share dividends

We're not expecting Kornit Digital to pay a dividend over the next 12 months.

Kornit Digital share price volatility

Over the last 12 months, Kornit Digital's shares have ranged in value from as little as $63.52 up to $164.22. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Kornit Digital's is 1.719. This would suggest that Kornit Digital's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Kornit Digital overview

Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry worldwide. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing systems from smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.

Frequently asked questions

What percentage of Kornit Digital is owned by insiders or institutions?
Currently 0.66% of Kornit Digital shares are held by insiders and 94.038% by institutions. How many people work for Kornit Digital?
Latest data suggests 672 work at Kornit Digital. When does the fiscal year end for Kornit Digital?
Kornit Digital's fiscal year ends in December. Where is Kornit Digital based?
Kornit Digital's address is: 12 Ha`Amal Street, Rosh Haayin, Israel, 4809246 What is Kornit Digital's ISIN number?
Kornit Digital's international securities identification number is: IL0011216723 What is Kornit Digital's CUSIP number?
Kornit Digital's Committee on Uniform Securities Identification Procedures number is: M6372Q113