Added to YB: 2025-01-06
Pitch date: 2024-09-30
KRNT [bullish]
Kornit Digital Ltd.
-46.15%
current return
Author Info
No bio for this author
Company Info
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.
Market Cap
$600.9M
Pitch Price
$25.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.01
P/E
-46.18
EV/Sales
0.62
Sector
Machinery
Category
growth
Wasatch Global Investors Micro-Cap Growth-U.S. Strategy Portfolio Holding: Kornit Digital Ltd.
KRNT: Digital textile printing solutions provider rebounding on interest rate optimism. New pricing model offers min. volume-based purchases, reducing upfront costs. Early signs of accelerated client purchasing. Shares up on improved outlook for profitability and demand recovery after prior economic uncertainty slowed sales.
Read full article (1 min)