For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Kyndryl Holdings Inc’s stock clocked out at $34.67, down -0.40% from its previous closing price of $34.81. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 1.58 million shares were traded. KD stock price reached its highest trading level at $35.175 during the session, while it also had its lowest trading level at $34.611.
Ratios:
To gain a deeper understanding of KD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 161.06. 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 November 22, 2024, Reiterated its Outperform rating but revised its target price to $37 from $33 previously.
On November 22, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $40.
On June 27, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $33.Oppenheimer initiated its Outperform rating on June 27, 2024, with a $33 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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 8052835328 and an Enterprise Value of 10933832704. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 7.56. Its current Enterprise Value per Revenue stands at 0.715 whereas that against EBITDA is 10.574.
Stock Price History:
Over the past 52 weeks, KD has reached a high of $35.23, while it has fallen to a 52-week low of $18.05. The 50-Day Moving Average of the stock is 29.52%, while the 200-Day Moving Average is calculated to be 41.26%.
Shares Statistics:
It appears that KD traded 1.87M shares on average per day over the past three months and 3102130 shares per day over the past ten days. A total of 232.20M shares are outstanding, with a floating share count of 228.79M. Insiders hold about 1.50% of the company’s shares, while institutions hold 75.44% stake in the company. Shares short for KD as of 1731628800 were 9145746 with a Short Ratio of 4.90, compared to 1728950400 on 9429904. Therefore, it implies a Short% of Shares Outstanding of 9145746 and a Short% of Float of 5.0300002.
