Is Klaviyo Inc (KVYO) positioned for future growth?

With 1.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.04 million shares. The 52-week range on KVYO shows that it touched its highest point at $49.55 and its lowest point at $21.26 during that stretch. It currently has a 1-year price target of $43.52. Beta for the stock currently stands at 1.37.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KVYO was up-trending over the past week, with a rise of 1.71%, but this was up by 14.86% over a month. Three-month performance dropped to -28.90% while six-month performance fell -14.80%. The stock gained 42.81% in the past year, while it has lost -19.03% so far this year. A look at the trailing 12-month EPS for KVYO yields -0.17 with Next year EPS estimates of 0.72. For the next quarter, that number is 0.13. This implies an EPS growth rate of 12.95% for this year and 27.05% for next year.

Float and Shares Shorts:

At present, 94.57 million KVYO shares are outstanding with a float of 67.25 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KVYO since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.49613 being high and $0.47809 being low. For KVYO, this leads to a yearly average estimate of $0.48805.