In the latest trading session,, 2.38 million Nextdoor Holdings Inc (NYSE:KIND) shares changed hands as the company’s beta touched 1.02. With the company’s most recent per share price at $2.42 changing hands around $0.15 or 6.83% at last look, the market valuation stands at $949.75M. KIND’s current price is a discount, trading about -40.91% off its 52-week high of $3.41. The share price had its 52-week low at $1.32, which suggests the last value was 45.45% up since then. When we look at Nextdoor Holdings Inc’s average trading volume, we note the 3-month average coming to 1.68 million.
Nextdoor Holdings Inc (NYSE:KIND) trade information
Instantly KIND is in green as seen in intraday trades today. With action 14.39%, the performance over the past five days has been green. The jump to weekly highs of 2.41 added 6.83% to the stock’s daily price. The company’s shares are showing year-to-date upside of 28.31%, with the 5-day performance at 14.39% in the green. However, in the 30-day time frame, Nextdoor Holdings Inc (NYSE:KIND) is 15.48% up.
Nextdoor Holdings Inc (KIND) estimates and forecasts
Data shows that the Nextdoor Holdings Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 38.57% over the past 6 months, a 27.03% in annual growth rate that is considerably higher than the industry average of 21.70%. Year-over-year growth is forecast to reach 6.20% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 50.83M. 5 analysts are of the opinion that Nextdoor Holdings Inc’s revenue for the current quarter will be 56.45M. The company’s revenue for the corresponding quarters a year ago was 49.77M and 56.89M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.10%. The estimates for the next quarter sales put growth at -0.80%. The 2024 estimates are for Nextdoor Holdings Inc earnings to increase by 30.13%.
