INVESTORS THRILLED BY KORNITS SHARE PRICE INCREASE OF 131% IN THREE YEARS DRIVING SUSTAINABLE TEXTILES

Image Courtesy of Kornit Digital

Rock-solid return is the verdict of many Wall street analysts on Kornit Digital, the Israeli based Digital Print machine and ink manufacturer.

During three years of share price growth, Kornit Digital achieved compound earnings per share growth of 46% per year.

Kornit Digital (NASDAQ:KRNT) develops, manufactures and markets industrial digital printing technologies for the garment, apparel and textile industries.

Leading the digital textile printing industry through its revolutionary NeoPigment™ process, including an integrated pretreatment solution, Kornit cater directly to the needs of both designers and manufacturers to address the changing needs of the entire textile printing value chain.

Kornit’s innovative printing technology enables businesses to succeed in web-to-print, on-demand and mass customization concepts.

Kornit offer a complete line of direct-to-garment printing solutions that range from commercial to mass production level.

Kornit have also revolutionized the Direct-to-Fabric (roll-to-roll) textile printing industry: digital printing with a single ink set onto multiple types of fabric with no additional finishing processes.

Founded in 2002, Kornit Digital is a global company, headquartered in Israel with offices in the USA, Europe and Asia Pacific, and supplies digital textile printing machines to customers in more than 100 countries worldwide.

The Company has launched a series of new products during 2019, which have been well received by the market, lending impetus to the upward trajectory of Kornit’s financial performance.

Strong in the Direct to Garment Print market, with the launch of its Avalanche Poly-Pro polyester printing machine, Kornit followed up with its direct to fabric high production  Presto machine, as well as its Robusto environmentally certified ink-sets and the new Kornit Konnect  MIS software for its client base.

These developments follow a history of market success in the recent past, which has been reflected in the performance of its stock.

·        EPS growth is higher than the 32% average annual increase in the share price.

·        Kornit Digital's total shareholder return last year was 83%.

·        This year's TSR was actually better than the three-year TSR (annualized) of 32%.

Small wonder that the market is excited with Kornit’s performance as the Company  looks forward to an active and successful 2020.