Kinaxis Receives C$210.00 Price Target from Royal Bank of Canada

On March 22, 2025, the Royal Bank of Canada announced a price target of C$210.00 for Kinaxis (TSE:KXS) in a recent research report published for investors. This rating categorizes the stock as an outperform.

In a separate development, CIBC lowered its target price for Kinaxis shares from C$175.00 to C$170.00 in a report released on February 28. According to market data, one research analyst has rated the stock as a hold, while five analysts issued buy ratings. As of now, Kinaxis holds an average rating of "Moderate Buy" with a consensus price target of C$195.00 according to MarketBeat.

Stock Performance

On the trading day following the announcement, Kinaxis shares opened at C$159.84. The company has a notable debt-to-equity ratio of 12.12, a current ratio of 1.89, and a quick ratio of 2.29. Additionally, the shares have a 50-day simple moving average of C$164.82 and a 200-day simple moving average of C$165.64. Over the last year, Kinaxis has experienced a low of C$132.93 and a high of C$190.17. Its current market capitalization stands at C$3.22 billion, with a price-to-earnings ratio of 158.64 and a P/E/G ratio of 3.60. The company has a beta value of 0.78, indicating less volatility than the overall market.

Insider Trading Activity

In recent insider trading news, Andrew William Robert Bell, a senior officer, sold 600 shares of the company on December 23 at C$177.14 per share, culminating in a total transaction value of C$106,281. Following this sale, Bell's ownership decreased significantly; he now holds 831 shares, valued at approximately C$147,199.19, which indicates a 41.93% reduction in his stake. Furthermore, another senior officer, Christopher John Blaine Fitzgerald, sold 2,177 shares on March 13 for an average price of C$156.26, totaling C$340,172.58. Over the past three months, insiders have sold 5,524 shares worth $876,371, with 1.20% of the company’s stock owned by insiders.

About Kinaxis

Kinaxis Inc. specializes in providing cloud-based subscription software tailored for supply chain operations across various regions, including the United States, Europe, Asia, and Canada. Its flagship product, RapidResponse, is a cloud-based platform designed to facilitate advanced planning, sales and operations planning, supply and demand planning, inventory management, and command and control center services.

Additional Information

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Kinaxis, Stocks, Investment