Kornit Digital (NASDAQ: KRNT) is one of 82 publicly-traded companies in the “IND PRODS/SVC” industry, but how does it contrast to its peers? We will compare Kornit Digital to similar businesses based on the strength of its earnings, valuation, profitability, dividends, institutional ownership, analyst recommendations and risk.
Institutional & Insider Ownership
92.0% of Kornit Digital shares are held by institutional investors. Comparatively, 66.3% of shares of all “IND PRODS/SVC” companies are held by institutional investors. 15.9% of shares of all “IND PRODS/SVC” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
This table compares Kornit Digital and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Kornit Digital Competitors||-4.37%||3.91%||0.86%|
This is a breakdown of recent ratings and price targets for Kornit Digital and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Kornit Digital Competitors||347||1453||1755||56||2.42|
Kornit Digital currently has a consensus price target of $19.67, suggesting a potential upside of 44.08%. As a group, “IND PRODS/SVC” companies have a potential downside of 0.90%. Given Kornit Digital’s stronger consensus rating and higher possible upside, analysts clearly believe Kornit Digital is more favorable than its peers.
Risk and Volatility
Kornit Digital has a beta of 0.25, indicating that its stock price is 75% less volatile than the S&P 500. Comparatively, Kornit Digital’s peers have a beta of 0.96, indicating that their average stock price is 4% less volatile than the S&P 500.
Valuation and Earnings
This table compares Kornit Digital and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Kornit Digital||$114.09 million||-$2.01 million||-272.95|
|Kornit Digital Competitors||$2.96 billion||$116.26 million||12.75|
Kornit Digital’s peers have higher revenue and earnings than Kornit Digital. Kornit Digital is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Kornit Digital peers beat Kornit Digital on 7 of the 13 factors compared.
Kornit Digital Company Profile
Kornit Digital Ltd. develops, designs and markets digital printing solutions for the global printed textile industry. The Company’s solutions include its digital printing systems, ink and other consumables, associated software and value added services. Its customers include custom decorators, online businesses, brand owners and contract printers. The Company categorizes its Direct to Garment (DTG) systems into two groups: entry level and high throughput. The Company’s entry-level systems consist of its Breeze and Thunder systems. Its high throughput systems consist of its Avalanche family of systems, Storm II and Paradigm II. Allegro is its Roll to Roll (R2R) printing system. Its ink and other consumables consist of NeoPigment PURE ink, binding agent, priming fluid, wiping fluid and flushing fluid. Its pigment-based inks are available in over seven colors and are formulated for use in its systems.
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