Professional
Added to YB: 2024-07-29
Pitch date: 2024-07-28
KRNT [bullish]
Kornit Digital Ltd.
-14.4%
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
$16.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.01
P/E
-46.18
EV/Sales
0.62
Sector
Machinery
Category
turnaround
Liberty Park Capital Portfolio Holding: Kornit Digital Ltd.
KRNT: Digital textile printing leader. 90% stock drop from peak. $740M mkt cap, $540M net cash. 8% CAGR consumables, 27% services since 2020 (80% of sales). New Apollo printer: 400/hr, most textiles. 'All-inclusive Click' model lowers adoption barrier. Turnaround play: strong cash, tech lead, growing recurring rev. Expect rebound on growth/profit inflection.
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