There Is Still Room For Kyndryl Holdings Inc. (KD) to Improve Its Value – Let’s Wait for Clarity

Kyndryl Holdings Inc. (NYSE: KD) closed the day trading at $13.90 up 2.06% from the previous closing price of $13.62. In other words, the price has increased by $+0.28 from its previous closing price. On the day, 2522598 shares were traded. KD stock price reached its highest trading level at $13.97 during the session, while it also had its lowest trading level at $13.26.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



For a better understanding of KD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 1.75 whereas as Long-Term Debt/Eq ratio is at 1.69.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Susquehanna on January 12, 2023, initiated with a Neutral rating and assigned the stock a target price of $14.

On August 02, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $12.

On November 15, 2021, Evercore ISI started tracking the stock assigning a In-line rating and target price of $22.Evercore ISI initiated its In-line rating on November 15, 2021, with a $22 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 09 when Keinan Elly bought 23,800 shares for $9.19 per share. The transaction valued at 218,812 led to the insider holds 651,309 shares of the business.

Schroeter Martin J bought 109,000 shares of KD for $1,055,153 on Nov 08. The Chief Executive Officer now owns 1,191,833 shares after completing the transaction at $9.68 per share. On Nov 07, another insider, Wyshner David B, who serves as the CFO of the company, bought 20,000 shares for $9.13 each. As a result, the insider paid 182,504 and bolstered with 476,406 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.72.

Stock Price History:

Over the past 52 weeks, KD has reached a high of $17.21, while it has fallen to a 52-week low of $7.93. The 50-Day Moving Average of the stock is 14.22, while the 200-Day Moving Average is calculated to be 11.25.

Shares Statistics:

Over the past 3-months, KD traded about 1.70M shares per day on average, while over the past 10 days, KD traded about 1.48M shares per day. A total of 227.00M shares are outstanding, with a floating share count of 202.91M. Insiders hold about 1.30% of the company’s shares, while institutions hold 65.80% stake in the company. Shares short for KD as of Jan 30, 2023 were 10.91M with a Short Ratio of 4.57M, compared to 13.7M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.81% and a Short% of Float of 4.82%.

Earnings Estimates

Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of -$0.72 for the current quarter, with a high estimate of -$0.29 and a low estimate of -$1.08, while EPS last year was -$1.02. The consensus estimate for the next quarter is -$0.95, with high estimates of -$0.95 and low estimates of -$0.95.

Analysts are recommending an EPS of between -$3.19 and -$4.52 for the fiscal current year, implying an average EPS of -$3.89. EPS for the following year is -$1.57, with 3 analysts recommending between -$0.38 and -$3.48.

Revenue Estimates

3 analysts predict $4.16B in revenue for the current quarter. It ranges from a high estimate of $4.18B to a low estimate of $4.13B. As of the current estimate, Kyndryl Holdings Inc.’s year-ago sales were $4.29B, an estimated decrease of -3.10% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $4.09B, a decrease of -2.00% over than the figure of -$3.10% in the same quarter last year. There is a high estimate of $4.12B for the next quarter, whereas the lowest estimate is $4.07B.

Based on 3 analysts’ estimates, the company’s revenue will be $16.23B in the next fiscal year. The high estimate is $16.86B and the low estimate is $15.92B. The average revenue growth estimate for next year is down -3.10% from the average revenue estimate for this year.