Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Nextdoor Holdings Inc (NYSE: KIND) closed at $2.74 in the last session, up 2.24% from day before closing price of $2.68. In other words, the price has increased by $2.24 from its previous closing price. On the day, 1.2 million shares were traded.
Ratios:
We take a closer look at KIND’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.53 and its Current Ratio is at 17.53. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on January 30, 2025, initiated with a Buy rating and assigned the stock a target price of $4.
On November 08, 2023, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $5 to $3.
On June 27, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $3.50.Wells Fargo initiated its Equal Weight rating on June 27, 2023, with a $3.50 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 09 ’24 when Schwartz Sophia sold 1,129 shares for $2.75 per share. The transaction valued at 3,105 led to the insider holds 214,407 shares of the business.
SOPHIA SCHWARTZ bought 1,129 shares of KIND for $3,026 on Dec 09 ’24. On Dec 02 ’24, another insider, Schwartz Sophia, who serves as the General Counsel and Secretary of the company, sold 16,834 shares for $2.45 each. As a result, the insider received 41,221 and left with 215,536 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.41 while its Price-to-Book (P/B) ratio in mrq is 2.27.
Stock Price History:
Over the past 52 weeks, KIND has reached a high of $2.99, while it has fallen to a 52-week low of $1.61. The 50-Day Moving Average of the stock is 9.06%, while the 200-Day Moving Average is calculated to be 9.41%.
Shares Statistics:
A total of 212.19M shares are outstanding, with a floating share count of 191.26M. Insiders hold about 49.95% of the company’s shares, while institutions hold 30.51% stake in the company.
