On Tuesday, Nextdoor Holdings Inc (NYSE: KIND) opened lower -7.28% from the last session, before settling in for the closing price of $2.61. Price fluctuations for KIND have ranged from $1.32 to $2.99 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 23.07%. Company’s average yearly earnings per share was noted 28.21% at the time writing. With a float of $165.18 million, this company’s outstanding shares have now reached $186.41 million.
Let’s determine the extent of company efficiency that accounts for 594 employees. In terms of profitability, gross margin is 81.8%, operating margin of -77.07%, and the pretax margin is -65.26%.
Nextdoor Holdings Inc (KIND) Insider Activity
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Nextdoor Holdings Inc is 56.52%, while institutional ownership is 24.95%. The most recent insider transaction that took place on Aug 09 ’24, was worth 1,397,968. Before that another transaction happened on Aug 09 ’24, when Company’s 10% Owner proposed sale 38,384 for $2.72, making the entire transaction worth $104,404.
Nextdoor Holdings Inc (KIND) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.1 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.1) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.21% per share during the next fiscal year.
Nextdoor Holdings Inc (NYSE: KIND) Trading Performance Indicators
Check out the current performance indicators for Nextdoor Holdings Inc (KIND). In the past quarter, the stock posted a quick ratio of 15.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of Nextdoor Holdings Inc (KIND)
Looking closely at Nextdoor Holdings Inc (NYSE: KIND), its last 5-days average volume was 1.61 million, which is a drop from its year-to-date volume of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 61.05%. Additionally, its Average True Range was 0.13.
During the past 100 days, Nextdoor Holdings Inc’s (KIND) raw stochastic average was set at 47.22%, which indicates a significant increase from 21.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.28% in the past 14 days, which was higher than the 55.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.65, while its 200-day Moving Average is $2.15. However, in the short run, Nextdoor Holdings Inc’s stock first resistance to watch stands at $2.53. Second resistance stands at $2.64. The third major resistance level sits at $2.70. If the price goes on to break the first support level at $2.36, it is likely to go to the next support level at $2.30. Should the price break the second support level, the third support level stands at $2.19.
Nextdoor Holdings Inc (NYSE: KIND) Key Stats
There are currently 390,282K shares outstanding in the company with a market cap of 919.38 million. Presently, the company’s annual sales total 218,310 K according to its annual income of -147,770 K. Last quarter, the company’s sales amounted to 63,290 K and its income totaled -42,780 K.
