Kinaxis Stock Today

KXS Stock  CAD 184.56  4.61  2.56%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Kinaxis is selling at 184.56 as of the 5th of December 2024; that is 2.56 percent increase since the beginning of the trading day. The stock's open price was 179.95. Kinaxis has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Kinaxis are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of December 2022 and ending today, the 5th of December 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Kinaxis Inc. provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. Kinaxis Inc. was founded in 1984 and is headquartered in Ottawa, Canada. KINAXIS INC operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. The company has 28.09 M outstanding shares of which 132.88 K shares are now shorted by private and institutional investors with about 1.49 days to cover all short positions. More on Kinaxis

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Kinaxis Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kinaxis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kinaxis or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJohn Sicard
Thematic IdeaTechnology (View all Themes)
Business ConcentrationApplication Software, Software - Application, Information Technology, Technology, Information Technology, Software, Software—Application, Technology (View all Sectors)
Kinaxis' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kinaxis' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Kinaxis can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kinaxis' financial leverage. It provides some insight into what part of Kinaxis' total assets is financed by creditors.
Liquidity
Kinaxis cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Kinaxis has accumulated 51.79 M in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. Kinaxis has a current ratio of 2.78, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Kinaxis until it has trouble settling it off, either with new capital or with free cash flow. So, Kinaxis' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kinaxis sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kinaxis to invest in growth at high rates of return. When we think about Kinaxis' use of debt, we should always consider it together with cash and equity.

Depreciation

27.6 Million
Kinaxis (KXS) is traded on Toronto Exchange in Canada and employs 26 people. Kinaxis is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kinaxis's market, we take the total number of its shares issued and multiply it by Kinaxis's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kinaxis operates under Software sector and is part of Information Technology industry. The entity has 28.09 M outstanding shares of which 132.88 K shares are now shorted by private and institutional investors with about 1.49 days to cover all short positions. Kinaxis has accumulated about 175.35 M in cash with 79.36 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.9.
Check Kinaxis Probability Of Bankruptcy
Ownership Allocation
Kinaxis maintains a total of 28.09 Million outstanding shares. Over half of Kinaxis' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Kinaxis. Please watch out for any change in the institutional holdings of Kinaxis as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kinaxis Ownership Details

Kinaxis Risk Profiles

Although Kinaxis' alpha and beta are two of the key measurements used to evaluate Kinaxis' performance over the market, the standard measures of volatility play an important role as well.

Kinaxis Stock Against Markets

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Kinaxis Corporate Directors

Jill DenhamIndependent DirectorProfile
Robert CourteauIndependent DirectorProfile
Angel MendezIndependent DirectorProfile
Pamela PassmanIndependent DirectorProfile

Other Information on Investing in Kinaxis Stock

Kinaxis financial ratios help investors to determine whether Kinaxis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kinaxis with respect to the benefits of owning Kinaxis security.