Klaviyo Inc (NYSE: KVYO) has experienced a decline in its stock price by -2.32 compared to its previous closing price of 22.89. However, the company has seen a fall of -1.89% in its stock price over the last five trading days. Business Wire reported 2024-04-18 that BOSTON–(BUSINESS WIRE)–Klaviyo, Inc. (NYSE: KVYO), the company that powers smarter digital relationships, plans to announce its financial results for the first quarter of fiscal year 2024 after market close on Wednesday, May 8, 2024. Klaviyo will host a live audio webcast at 4:30pm ET (1:30pm PT) on Wednesday, May 8, 2024 to discuss the results. The news release with the financial results and a link to the webcast will both be accessible on Klaviyo’s investor relations website (https://invest.
Is It Worth Investing in Klaviyo Inc (NYSE: KVYO) Right Now?
Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for KVYO is 43.69M, and currently, shorts hold a 10.39% of that float. The average trading volume for KVYO on April 25, 2024 was 1.23M shares.
KVYO’s Market Performance
KVYO stock saw a decrease of -1.89% in the past week, with a monthly decline of -13.30% and a quarterly a decrease of -11.55%. The volatility ratio for the week is 3.67%, and the volatility levels for the last 30 days are 3.39% for Klaviyo Inc (KVYO). The simple moving average for the past 20 days is -6.89% for KVYO’s stock, with a -20.09% simple moving average for the past 200 days.
Analysts’ Opinion of KVYO
Many brokerage firms have already submitted their reports for KVYO stocks, with Cantor Fitzgerald repeating the rating for KVYO by listing it as a “Overweight.” The predicted price for KVYO in the upcoming period, according to Cantor Fitzgerald is $31 based on the research report published on April 16, 2024 of the current year 2024.
KVYO Trading at -13.18% from the 50-Day Moving Average
After a stumble in the market that brought KVYO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.35% of loss for the given period.
Volatility was left at 3.39%, however, over the last 30 days, the volatility rate increased by 3.67%, as shares sank -14.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.02% lower at present.
During the last 5 trading sessions, KVYO fell by -1.12%, in comparison to the 20-day moving average, which settled at $23.83. In addition, Klaviyo Inc saw -19.51% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KVYO starting from Edmond Landon, who sale 3,545 shares at the price of $24.15 back on Apr 05 ’24. After this action, Edmond Landon now owns 167,127 shares of Klaviyo Inc, valued at $85,612 using the latest closing price.
Edmond Landon, the Chief Legal Officer of Klaviyo Inc, sale 28,613 shares at $24.94 during a trade that took place back on Apr 02 ’24, which means that Edmond Landon is holding 170,672 shares at $713,608 based on the most recent closing price.
Stock Fundamentals for KVYO
Current profitability levels for the company are sitting at:
- -0.46 for the present operating margin
- 0.75 for the gross margin
The net margin for Klaviyo Inc stands at -0.43. The total capital return value is set at -0.34.
Based on Klaviyo Inc (KVYO), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 2.31.
Currently, EBITDA for the company is -293.39 million with net debt to EBITDA at 2.39. When we switch over and look at the enterprise to sales, we see a ratio of 8.2. The receivables turnover for the company is 30.44for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.04.
Conclusion
In conclusion, Klaviyo Inc (KVYO) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
