Nextdoor Holdings Inc (KIND) Beta Value: Understanding the Market Risk

The 36-month beta value for KIND is also noteworthy at 1.07. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”

The public float for KIND is 191.67M, and at present, short sellers hold a 1.71% of that float. The average trading volume of KIND on December 27, 2024 was 1.71M shares.

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KIND) stock’s latest price update

The stock price of Nextdoor Holdings Inc (NYSE: KIND) has surged by 0.41 when compared to previous closing price of 2.41, but the company has seen a 6.14% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-12-17 that SAN FRANCISCO–(BUSINESS WIRE)–Today, Nextdoor released its 2024 Nextdoor Rewind, an end-of-year review of the collective moments and shared achievements of neighbors in cities nationwide. Upon opening their Nextdoor feeds, neighbors will now be invited to scroll through a customized collection of facts, reflections and highlights from the past year, specific to their area. For the first time, this year’s experience features the year’s most popular post in each city. Determined by the number o.

KIND’s Market Performance

Nextdoor Holdings Inc (KIND) has seen a 6.14% rise in stock performance for the week, with a -4.35% decline in the past month and a -3.20% plunge in the past quarter. The volatility ratio for the week is 3.70%, and the volatility levels for the past 30 days are at 4.53% for KIND. The simple moving average for the past 20 days is -3.08% for KIND’s stock, with a -0.76% simple moving average for the past 200 days.

Analysts’ Opinion of KIND

Many brokerage firms have already submitted their reports for KIND stocks, with Evercore ISI repeating the rating for KIND by listing it as a “In-line.” The predicted price for KIND in the upcoming period, according to Evercore ISI is $3 based on the research report published on November 08, 2023 of the previous year 2023.

Wells Fargo, on the other hand, stated in their research note that they expect to see KIND reach a price target of $3.50. The rating they have provided for KIND stocks is “Equal Weight” according to the report published on June 27th, 2023.

Citigroup gave a rating of “Neutral” to KIND, setting the target price at $6.50 in the report published on April 20th of the previous year.

KIND Trading at -2.77% from the 50-Day Moving Average

After a stumble in the market that brought KIND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.20% of loss for the given period.

Volatility was left at 4.53%, however, over the last 30 days, the volatility rate increased by 3.70%, as shares sank -2.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.10% lower at present.

During the last 5 trading sessions, KIND rose by +6.14%, which changed the moving average for the period of 200-days by +9.50% in comparison to the 20-day moving average, which settled at $2.50. In addition, Nextdoor Holdings Inc saw 28.04% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at KIND starting from Schwartz Sophia, who sale 1,129 shares at the price of $2.75 back on Dec 09 ’24. After this action, Schwartz Sophia now owns 214,407 shares of Nextdoor Holdings Inc, valued at $3,105 using the latest closing price.

SOPHIA SCHWARTZ, the Officer of Nextdoor Holdings Inc, proposed sale 1,129 shares at $2.68 during a trade that took place back on Dec 09 ’24, which means that SOPHIA SCHWARTZ is holding shares at $3,026 based on the most recent closing price.

Stock Fundamentals for KIND

Current profitability levels for the company are sitting at:

  • -0.64 for the present operating margin
  • 0.82 for the gross margin

The net margin for Nextdoor Holdings Inc stands at -0.53. The total capital return value is set at -0.31. Equity return is now at value -24.58, with -21.30 for asset returns.

Currently, EBITDA for the company is -166.51 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 3.86. The receivables turnover for the company is 8.05for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 17.53.

Conclusion

In summary, Nextdoor Holdings Inc (KIND) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.

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