A share price of Kyndryl Holdings Inc [KD] is currently trading at $23.30, up 5.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KD shares have gain 4.63% over the last week, with a monthly amount drifted -12.86%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Kyndryl Holdings Inc [NYSE: KD] stock has seen the most recent analyst activity on June 27, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $33. Previously, Susquehanna upgraded its rating to Positive on February 12, 2024, and elevated its price target to $27. On January 08, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $26 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $25 on December 18, 2023. Scotiabank initiated its recommendation with a Sector Outperform and recommended $22 as its price target on April 21, 2023. Susquehanna started tracking with a Neutral rating for this stock on January 12, 2023, and assigned it a price target of $14. In a note dated August 02, 2022, JP Morgan initiated an Neutral rating and provided a target price of $12 on this stock.
Kyndryl Holdings Inc experienced fluctuations in its stock price throughout the past year between $13.87 and $28.60. Currently, Wall Street analysts expect the stock to reach $29.8 within the next 12 months. Kyndryl Holdings Inc [NYSE: KD] shares were valued at $23.30 at the most recent close of the market. An investor can expect a potential return of 27.9% based on the average KD price forecast.
Analyzing the KD fundamentals
Trailing Twelve Months sales for Kyndryl Holdings Inc [NYSE:KD] were 15.60B which represents -10.83% decline. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.85 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.48 points at the first support level, and at 21.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.75, and for the 2nd resistance point, it is at 24.20.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Kyndryl Holdings Inc [NYSE:KD] is 0.79. In addition, the Quick Ratio stands at 0.79 and the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 0.35, the price to book ratio is 5.40.
Transactions by insiders
Recent insider trading involved Khurana Vineet, SVP & Global Controller, that happened on Jun 03 ’24 when 30430.0 shares were sold.
