While Klaviyo Inc has underperformed by -0.87%, investors are advised to look at stock chart patterns for technical insight.
On February 05, 2024, Goldman Upgraded Klaviyo Inc (NYSE: KVYO) to Buy. A report published by Loop Capital on December 08, 2023, Initiated its previous ‘Buy’ rating for KVYO. Truist Initiated an Buy rating on October 16, 2023, and assigned a price target of $42. TD Cowen initiated its ‘Outperform’ rating for KVYO, as published in its report on October 16, 2023. Robert W. Baird’s report from October 16, 2023 suggests a price prediction of $40 for KVYO shares, giving the stock a ‘Outperform’ rating. Piper Sandler also rated the stock as ‘Overweight’.
Analysis of Klaviyo Inc (KVYO)
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Klaviyo Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 6.41, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and KVYO is recording an average volume of 1.10M. On a monthly basis, the volatility of the stock is set at 5.79%, whereas on a weekly basis, it is put at 5.22%, with a loss of -6.79% over the past seven days. Furthermore, long-term investors anticipate a median target price of $37.83, showing growth from the present price of $25.00, which can serve as yet another indication of whether KVYO is worth investing in or should be passed over.
How Do You Analyze Klaviyo Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 93.39%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 9.66% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KVYO shares are owned by institutional investors to the tune of 9.66% at present.
