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The price of Kyndryl Holdings Inc (NYSE: KD) closed at $28.15 in the last session, up 0.25% from day before closing price of $28.08. In other words, the price has increased by $0.25 from its previous closing price. On the day, 2.38 million shares were traded. KD stock price reached its highest trading level at $28.8 during the session, while it also had its lowest trading level at $27.95.
Ratios:
We take a closer look at KD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 130.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 3.85 whereas as Long-Term Debt/Eq ratio is at 3.46.
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, Oppenheimer on June 27, 2024, initiated with a Outperform rating and assigned the stock a target price of $33.
On February 12, 2024, Susquehanna Upgraded its rating to Positive which previously was Neutral and also upped its target price recommendation from $19 to $27.
Evercore ISI Upgraded its In-line to Outperform on January 08, 2024, while the target price for the stock was maintained at $26.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 03 ’24 when Khurana Vineet sold 30,430 shares for $26.36 per share. The transaction valued at 802,244 led to the insider holds 78,722 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KD now has a Market Capitalization of 6538428928 and an Enterprise Value of 9403167744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 6.14. Its current Enterprise Value per Revenue stands at 0.615 whereas that against EBITDA is 9.094.
Stock Price History:
Over the past 52 weeks, KD has reached a high of $28.60, while it has fallen to a 52-week low of $17.22. The 50-Day Moving Average of the stock is 17.51%, while the 200-Day Moving Average is calculated to be 18.93%.
Shares Statistics:
According to the various share statistics, KD traded on average about 1.48M shares per day over the past 3-months and 2378970 shares per day over the past 10 days. A total of 230.40M shares are outstanding, with a floating share count of 228.79M. Insiders hold about 1.50% of the company’s shares, while institutions hold 72.06% stake in the company. Shares short for KD as of 1728950400 were 9429904 with a Short Ratio of 6.21, compared to 1726185600 on 8874864. Therefore, it implies a Short% of Shares Outstanding of 9429904 and a Short% of Float of 5.21.
