In the latest session, Kyndryl Holdings Inc (NYSE: KD) closed at $21.46 up 0.52% from its previous closing price of $21.35. In other words, the price has increased by $+0.11 from its previous closing price. On the day, 1232765 shares were traded.
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Ratios:
For a deeper understanding of Kyndryl Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 3.54 whereas as Long-Term Debt/Eq ratio is at 2.80.
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 the company, Susquehanna on February 12, 2024, Upgraded its rating to Positive and sets its target price to $27 from $19 previously.
On January 08, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line but kept the price unchanged to $26.
JP Morgan Upgraded its Neutral to Overweight on December 18, 2023, whereas the target price for the stock was revised from $20 to $25.
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 4.94B and an Enterprise Value of 7.46B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 4.15. Its current Enterprise Value per Revenue stands at 0.45 whereas that against EBITDA is 7.83.
Stock Price History:
Over the past 52 weeks, KD has reached a high of $22.90, while it has fallen to a 52-week low of $11.35. The 50-Day Moving Average of the stock is 21.43, while the 200-Day Moving Average is calculated to be 17.35.
Shares Statistics:
For the past three months, KD has traded an average of 1.53M shares per day and 1.4M over the past ten days. A total of 227.70M shares are outstanding, with a floating share count of 226.69M. Insiders hold about 1.44% of the company’s shares, while institutions hold 73.92% stake in the company. Shares short for KD as of Feb 29, 2024 were 4.32M with a Short Ratio of 2.86, compared to 3.71M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.88% and a Short% of Float of 2.11%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of $0.15 and a low estimate of -$0.36, while EPS last year was -$3.24. The consensus estimate for the next quarter is $0.2, with high estimates of $0.48 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$1.14 and -$1.67 for the fiscal current year, implying an average EPS of -$1.47. EPS for the following year is $0.65, with 4 analysts recommending between $1.07 and $0.04.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $3.76B this quarter.It ranges from a high estimate of $3.79B to a low estimate of $3.72B. As of the current estimate, Kyndryl Holdings Inc’s year-ago sales were $4.25B, an estimated decrease of -11.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $3.81B, a decrease of -6.90% over than the figure of -$11.70% in the same quarter last year. There is a high estimate of $3.98B for the next quarter, whereas the lowest estimate is $3.74B.
A total of 4 analysts have provided revenue estimates for KD’s current fiscal year. The highest revenue estimate was $16B, while the lowest revenue estimate was $15.92B, resulting in an average revenue estimate of $15.96B. In the same quarter a year ago, actual revenue was $17.03B, down -6.30% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $15.3B in the next fiscal year. The high estimate is $15.39B and the low estimate is $15.18B. The average revenue growth estimate for next year is down -4.20% from the average revenue estimate for this year.
