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 $15.88, up 4.4% from the previous day, and has decreased 6.53% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.4 percentage points. Kornit Digital stock is currently +19.49% from its 52-week low of $13.29, and -50.28% from its 52-week high of $31.94.
At the moment, there are 47.72M KRNT shares outstanding. The market capitalization of KRNT is $757.79M. In the past 24 hours, 122,361 KRNT shares were traded.
How to Buy Kornit Digital Stock
Wondering 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 tested 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: Pick your method of payment and add your info.
- 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 analysis website can help you understand 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 stock at a specific price.
- Watch your KRNT position: Create a watchlist to important notifications about your new investment in Kornit Digital stock.
Step 1: Figure out where to buy Kornit Digital stock
You will need an online brokerage account in order to access the NASDAQ market and buy KRNT shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you can buy KRNT today.
How to Start a New Brokerage 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.
- Provide your personal details to create a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the best stock investing app, you need to deposit funds:
Watch the tutorial below if you need help depositing money into your new investment account.
Step 4: Analyze Kornit Digital stock
After you have identified the best place to buy Kornit Digital stock, it's important to analyze their stock prior to buying, so you can understand the risk and upside.
Kornit Digital quick stats
Fundamentals of KRNT
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on KRNT's stock page.
Is KRNT stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KRNT's fair value.
Using relative valuations methods:
- KRNT could be undervalued based on its P/B ratio of 0.95x, relative to Specialty Industrial Machinery industry P/B ratio of 4.98x
You can access additional valuation research on KRNT's stock here.
KRNT Financial Health Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the KRNT balance sheet.
- KRNT has $332.50M in cash and short term investments. This is enough to cover its annual cash burn of $41.69M.
- KRNT has cash burn of 41688000. It has enough cash and short-term investments to cover this for at least one year.
- Total KRNT debt is lower than 5 years ago, relative to shareholder equity.
- 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.
Failed Health Checks:
- KRNT profit margin has gone down from -29.1% to -29.3% in the past year.
Is it a good time to buy Kornit Digital stock, according to analysts?
Out of 3 sell side analysts who monitor KRNT, the consensus analyst rating on Kornit Digital is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Kornit Digital stock forecast page.
KRNT Momentum
KRNT Performance Numbers
Last year, KRNT revenue was $219.79M. Over the past 5 year, KRNT's revenue has grown by 9.07% per year. This was faster than the Specialty Industrial Machinery industry average of 3.97%.
Find out more about KRNT's earnings and revenue performance here.
Who is buying/selling KRNT?
In the last year, insiders at KRNT have not bought or sold any shares.
Learn more about who owns KRNT stock here.
Can I rely on KRNT as an income stream?
No, Kornit Digital doesn't provide an income stream by paying out dividends.
What others are saying about KRNT
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your KRNT purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Hit the Open button and eToro will place the order.
If you require more help with investing in stocks on eToro, click the how to video below:
Step 6: Watch your KRNT position
Now that you own some KRNT shares, you'll want to keep up with your company.
Start a watchlist to track the latest developments regarding 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 would like to keep tabs on your investment in Kornit Digital, create a watchlist today.
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