How to Buy Kornit Digital Stock
Kornit Digital Ltd
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.
Kornit Digital stock last closed at $13.50, down 4.39% from the previous day, and has decreased 41.02% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.56 percentage points. Kornit Digital stock is currently +5.63% from its 52-week low of $12.78, and -60.62% from its 52-week high of $34.29.
At the moment, there are 45.8M shares of KRNT outstanding. The market value of KRNT is $618.31M. In the past 24 hours, 1.58M KRNT shares were traded.
How to Buy Kornit Digital Stock
Not sure how to invest in Kornit Digital stock? Here's how.
- Figure out where to buy Kornit Digital stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Kornit Digital stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your information.
- Analyze Kornit Digital stock: The Kornit Digital ticker symbol is KRNT. Is Kornit Digital stock a good investment? Should you buy shares of KRNT? How do KRNT's underlying business fundamentals look? Do top analysts think Kornit Digital is a good buy? Why has KRNT's stock price moved recently? (Hint: Our stock market research website can help you figure out if KRNT is a good stock to buy).
- Execute your KRNT purchase: Decide if you will purchase KRNT shares at the current market price or use a limit order to buy KRNT shares at a specific price.
- Watch your KRNT position: Create a watchlist to keep tabs on your position in Kornit Digital stock.
Step 1: Figure out where to buy Kornit Digital stock
You need an online brokerage account in order to access the NASDAQ market and buy KRNT shares.
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to buy KRNT today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on the stock trading app, you need to deposit funds:
Check out this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Analyze Kornit Digital stock
After you have decided on the best place to buy Kornit Digital stock, it's important to research their stock prior to investing, so you actually understand the risk and upside.
Kornit Digital stock quick numbers
KRNT Due Diligence Checks
WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on KRNT's stock page.
How is KRNT stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge KRNT's intrinsic value.
Using relative valuations metrics:
- KRNT may be undervalued based on its P/B ratio of 0.88x, relative to Specialty Industrial Machinery industry P/B ratio of 6.54x
You can access additional valuation analysis on KRNT's stock here.
How do KRNT Financials look?
Passed Health Checks:
- KRNT has a low debt to equity ratio of 0.09.
- There are more short-term assets than long-term liabilities on the KRNT balance sheet.
- KRNT profit margin has gone up from -23.6% to -5.4% in the past year.
- KRNT earnings of -$31.27M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the KRNT balance sheet.
- KRNT's operating cash flow of $49.71M allows it to safely service it's debt of $19.20M.
- Total KRNT debt is lower than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy KRNT stock
Out of 2 Wall Street analysts who research KRNT, the consensus analyst rating on KRNT is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Kornit Digital stock forecast page.
Metrics for Advanced KRNT Traders
KRNT Performance Numbers
Last year, KRNT revenue was $207.64M. During the last 5 year, KRNT's revenue has gone up by 5.4% per year. This was slower than the Specialty Industrial Machinery industry average of 9.93%.
Dig into KRNT's earnings and revenue performance here.
Latest Insiders Trades at KRNT
Over the past year, executives and large shareholders at KRNT have not bought or sold any shares.
Learn more about who owns KRNT shares here.
Does KRNT stock generate passive income?
No, Kornit Digital doesn't provide an income stream by paying out dividends.
KRNT Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your KRNT purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open Trade button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Watch your KRNT position
Now that you own some shares in KRNT, you'll want to keep up with your investment.
Add KRNT to a watchlist to see the latest developments about your KRNT stock.
KRNT Feed
How to Buy Stock in Kornit Digital
To reiterate, here are the 6 steps for buying Kornit Digital stock:
- Figure out where to buy Kornit Digital stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Kornit Digital stock
- Execute your KRNT purchase
- Watch your KRNT position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your new investment in Kornit Digital, add KRNT to your watchlist by clicking the button below.
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