At the time of writing, Kyndryl Holdings Inc [KD] stock is trading at $37.26, down -0.48%. 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 0.59% over the last week, with a monthly amount drifted -1.84%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kyndryl Holdings Inc [NYSE: KD] stock has seen the most recent analyst activity on November 22, 2024, when Oppenheimer reiterated its Outperform rating and also boosted its price target to $37 from $33. Previously, BofA Securities started tracking the stock with Buy rating on November 22, 2024, and set its price target to $40. On June 27, 2024, Oppenheimer initiated with a Outperform rating and assigned a price target of $33 on the stock. Susquehanna upgraded its rating to a Positive and increased its price target to $27 on February 12, 2024. Evercore ISI upgraded its rating to a Outperform but $26 remained the price target by the analyst firm on January 08, 2024. JP Morgan upgraded its rating to Overweight for this stock on December 18, 2023, and upped its price target to $25. In a note dated April 21, 2023, Scotiabank initiated an Sector Outperform rating and provided a target price of $22 on this stock.
For the past year, the stock price of Kyndryl Holdings Inc fluctuated between $19.24 and $43.61. 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 $37.26 at the most recent close of the market. An investor can expect a potential drop of -20.02% based on the average KD price forecast.
Analyzing the KD fundamentals
According to Kyndryl Holdings Inc [NYSE:KD], the company’s sales were 15.11B for trailing twelve months, which represents an -4.88% plunge. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.13 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.61.
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 36.08 points at the first support level, and at 34.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.06, and for the 2nd resistance point, it is at 38.86.
Ratios To Look Out For
It is important to note that Kyndryl Holdings Inc [NYSE:KD] has a current ratio of 0.87. In addition, the Quick Ratio stands at 0.87 and the Cash Ratio stands at 0.38. Considering the valuation of this stock, the price to sales ratio is 0.57, the price to book ratio is 7.89 and price to earnings (TTM) ratio is 66.69.
Transactions by insiders
Recent insider trading involved Khurana Vineet, SVP & Global Controller, that happened on Feb 06 ’25 when 55465.0 shares were sold. General Counsel and Secretary, Sebold Edward completed a deal on Feb 06 ’25 to sell 27500.0 shares. Meanwhile, Officer Khurana Vineet bought 55465.0 shares on Feb 06 ’25.
