Nextdoor Holdings Inc. (NYSE: KIND) closed the day trading at $2.23 up 0.45% from the previous closing price of $2.22. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 876431 shares were traded. KIND stock price reached its highest trading level at $2.2900 during the session, while it also had its lowest trading level at $2.2000.
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Ratios:
For a better understanding of KIND, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 18.50 and its Current Ratio is at 18.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 16 when Orta John sold 2,500 shares for $2.31 per share. The transaction valued at 5,775 led to the insider holds 563,923 shares of the business.
Greylock 16 GP LLC bought 765,000 shares of KIND for $2,534,368 on Aug 19. The Member of 10% owner group now owns 10,917,514 shares after completing the transaction at $3.31 per share. On Aug 19, another insider, Sze David L, who serves as the Director of the company, bought 765,000 shares for $3.31 each. As a result, the insider paid 2,534,368 and bolstered with 10,917,514 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KIND now has a Market Capitalization of 854.31M and an Enterprise Value of 350.25M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.04 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.66 whereas that against EBITDA is -2.43.
Stock Price History:
Over the past 52 weeks, KIND has reached a high of $4.03, while it has fallen to a 52-week low of $1.82. The 50-Day Moving Average of the stock is 2.1470, while the 200-Day Moving Average is calculated to be 2.4144.
Shares Statistics:
Over the past 3-months, KIND traded about 949.58K shares per day on average, while over the past 10 days, KIND traded about 1.2M shares per day. A total of 373.02M shares are outstanding, with a floating share count of 149.81M. Insiders hold about 0.40% of the company’s shares, while institutions hold 64.30% stake in the company. Shares short for KIND as of Apr 27, 2023 were 5.8M with a Short Ratio of 5.80M, compared to 6.01M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.55% and a Short% of Float of 4.02%.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.1, while EPS last year was -$0.1. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.04 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.2 and -$0.35 for the fiscal current year, implying an average EPS of -$0.3. EPS for the following year is -$0.28, with 2 analysts recommending between -$0.28 and -$0.29.
Revenue Estimates
3 analysts predict $53.51M in revenue for the current quarter. It ranges from a high estimate of $54M to a low estimate of $53.02M. As of the current estimate, Nextdoor Holdings Inc.’s year-ago sales were $54.54M, an estimated decrease of -1.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $58.06M, an increase of 7.90% over than the figure of -$1.90% in the same quarter last year. There is a high estimate of $58.18M for the next quarter, whereas the lowest estimate is $58M.
A total of 5 analysts have provided revenue estimates for KIND’s current fiscal year. The highest revenue estimate was $243.34M, while the lowest revenue estimate was $216.1M, resulting in an average revenue estimate of $226.59M. In the same quarter a year ago, actual revenue was $212.76M, up 6.50% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $286.72M in the next fiscal year. The high estimate is $339.54M and the low estimate is $250M. The average revenue growth estimate for next year is up 26.50% from the average revenue estimate for this year.
