Market Recap: Klaviyo Inc (KVYO)’s Negative Momentum, Closing at 21.53

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The closing price of Klaviyo Inc (NYSE: KVYO) was $21.53 for the day, down -7.91% from the previous closing price of $23.38. In other words, the price has decreased by -$7.91 from its previous closing price. On the day, 3.58 million shares were traded. KVYO stock price reached its highest trading level at $22.92 during the session, while it also had its lowest trading level at $21.51.

Ratios:

Our analysis of KVYO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.41 and its Current Ratio is at 6.04. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.

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, Cantor Fitzgerald on April 16, 2024, initiated with a Overweight rating and assigned the stock a target price of $31.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 05 ’24 when Edmond Landon sold 3,545 shares for $24.15 per share. The transaction valued at 85,612 led to the insider holds 167,127 shares of the business.

Edmond Landon sold 28,613 shares of KVYO for $713,608 on Apr 02 ’24. The Chief Legal Officer now owns 170,672 shares after completing the transaction at $24.94 per share. On Feb 29 ’24, another insider, Weisman Tony, who serves as the Director of the company, sold 33,333 shares for $25.97 each. As a result, the insider received 865,658 and left with 0 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, KVYO now has a Market Capitalization of 5688269312 and an Enterprise Value of 5420680192. Its current Enterprise Value per Revenue stands at 7.765 whereas that against EBITDA is -17.436.

Stock Price History:

Over the past 52 weeks, KVYO has reached a high of $39.47, while it has fallen to a 52-week low of $22.02. The 50-Day Moving Average of the stock is -12.49%, while the 200-Day Moving Average is calculated to be -22.26%.

Shares Statistics:

KVYO traded an average of 1.22M shares per day over the past three months and 702800 shares per day over the past ten days. A total of 291.88M shares are outstanding, with a floating share count of 47.77M. Insiders hold about 83.63% of the company’s shares, while institutions hold 9.15% stake in the company. Shares short for KVYO as of 1713139200 were 4540094 with a Short Ratio of 3.72, compared to 1710460800 on 3525436. Therefore, it implies a Short% of Shares Outstanding of 4540094 and a Short% of Float of 6.460000000000001.

Earnings Estimates

Investors are eagerly awaiting the insights provided by 15 analysts currently analyzing and rating the stock of Klaviyo Inc (KVYO).On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.12 and a low estimate of $0.09, while EPS last year was $0.1. The consensus estimate for the next quarter is $0.1, with high estimates of $0.13 and low estimates of $0.09.

Analysts are recommending an EPS of between $0.52 and $0.37 for the fiscal current year, implying an average EPS of $0.45. EPS for the following year is $0.57, with 15.0 analysts recommending between $0.73 and $0.46.

Revenue Estimates

For the next quarter, 16 analysts are estimating revenue of $209.84M. There is a high estimate of $212M for the next quarter, whereas the lowest estimate is $207.38M.

A total of 17 analysts have provided revenue estimates for KVYO’s current fiscal year. The highest revenue estimate was $895M, while the lowest revenue estimate was $889.35M, resulting in an average revenue estimate of $892.82M. In the same quarter a year ago, actual revenue was $698.1MBased on 17 analysts’ estimates, the company’s revenue will be $1.12B in the next fiscal year. The high estimate is $1.14B and the low estimate is $1.07B.

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