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$159.68 $4.77 (3.1%)

04:00 PM EST on 12/01/21

Kornit Digital (NASDAQ:KRNT)

CAPS Rating: 5 out of 5

Current Price $159.68 Mkt Cap $7.5B
Open $159.62 P/E Ratio 359.87
Prev. Close $159.68 Div. (Yield) $0.00 (0.0%)
Daily Range $156.60 - $163.34 Volume 732,938
52-Wk Range $79.76 - $181.38 Avg. Daily Vol. 522,164

Caps

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All Players

13 Outperform
1 Underperform
 

All-Star Players

1 Outperform
0 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NASDAQ:KRNT Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

xbows (62.51)
Submitted March 15, 2017

Leader in the DTG (direct-to-garment) printing industry. Revenues and profit have been growing steadily. Amazon uses their equipment and has warrants to purchase nearly 3 million shares. Revenue comes from equipment sales, service contracts, and… More

Top Bear Pitch

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NASDAQ:KRNT VS S&P 500 (SPY)

NASDAQ:KRNT Summary

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Recent Community Commentary

Read the most recent pitches from players about KRNT.

Recs

0
Member Avatar wheelzofsteel (57.04) Submitted: 3/6/2021 10:50:37 PM : Outperform Start Price: $110.31 NASDAQ:KRNT Score: +29.11

Kornit Digital is an Israeli company that make high-speed inkjet printers for clothing, home goods, and textiles. These are big industrial machines ranging from $60,000 to $800,000, depending on the output and feature set. The smallest machine is roughly 9 ft x 6 ft and 3700 lbs, and the biggest machine 24 ft x 11 ft and 14,000 lbs.

This is razor and blade business. Kornit generates revenue from machine sales and recurring revenue from the consumables. The machines consume anywhere from $5,000 to $300,000 on average in ink and consumables per system. The company also offers maintenance services and extended warranty.

Amazon is a partner and shareholder. Amazon owns 4.75% of Kornit and also purchases products and services from Kornit (contract for $400M in Sept. 2020). I think it's safe to say that Amazon is a fan.

FY 2020 revenue was $193.3 million (7.4% growth YOY). But that includes a major slowdown in Q1 and Q2 at the onset of the pandemic. Q3 (20+% Q/Q) and Q4 (49% Q/Q) saw a major re-acceleration. This is a business growing a lot faster than 7.4%. Using 2021 guidance, my best guess is the 25 - 35% range.

CEO is a former HP executive and doing a great job of innovation and forward thinking. Last year, the company debuted a solution for printing on polyester for leggings and athleisure. On the last earnings call, the CEO discussed experiments with 3-D printing that allow the printers to simulate embroidery and also interest from big business (i.e., established fashion brands).

A lot to like here. This is the "other" printing revolution.

Recs

0
Member Avatar Chaptr7 (44.49) Submitted: 1/19/2021 7:55:28 PM : Outperform Start Price: $97.08 NASDAQ:KRNT Score: +46.27

Its a solide company in a expanding industry

Recs

2
Member Avatar xbows (62.51) Submitted: 3/15/2017 2:58:34 PM : Outperform Start Price: $16.50 NASDAQ:KRNT Score: +779.04

Leader in the DTG (direct-to-garment) printing industry. Revenues and profit have been growing steadily. Amazon uses their equipment and has warrants to purchase nearly 3 million shares. Revenue comes from equipment sales, service contracts, and recurring ink purchases.

Leaderboard

Find the members with the highest scoring picks in KRNT.

Score Leader

gunterle

gunterle (71.80) Score: +1,315.93

The Score Leader is the player with the highest score across all their picks in KRNT.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
gunterle 71.80 8/16/2016 Outperform 5Y $10.49 +1,422.21% +106.28% +1,315.93 0 Comment
xbows 62.51 3/15/2017 Outperform 5Y $16.50 +867.76% +88.72% +779.04 1 Comment
songjon101 < 20 7/30/2018 Outperform 5Y $18.50 +763.14% +60.04% +703.09 0 Comment
ronmitra 66.71 7/24/2017 Outperform 5Y $21.15 +654.99% +82.67% +572.32 0 Comment
This player feels very strongly about this pick and has marked it a Top Pick. Top Picks do not affect a player’s score. HankDfrmSD 47.92 4/30/2019 Outperform 5Y $28.75 +455.41% +53.74% +401.67 0 Comment
naylorj 68.61 5/21/2020 Outperform 1Y $41.50 +284.77% +51.92% +232.85 0 Comment
cabrera670 68.34 5/28/2020 Outperform 5Y $47.50 +236.17% +48.00% +188.16 0 Comment
cathski 59.67 7/30/2020 Outperform 5Y $51.93 +207.49% +39.96% +167.53 0 Comment
Chaptr7 44.49 1/20/2021 Outperform 3Y $97.08 +64.48% +18.22% +46.27 1 Comment
wheelzofsteel 57.04 2/18/2021 Outperform 5Y $110.31 +44.76% +15.64% +29.11 1 Comment

Wall Street

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