Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $31.40 in the prior trading day, Kyndryl Holdings Inc (NYSE: KD) closed at $32.15, up 2.39%. In other words, the price has increased by $2.39 from its previous closing price. On the day, 2.31 million shares were traded. KD stock price reached its highest trading level at $32.17 during the session, while it also had its lowest trading level at $30.9636.
Ratios:
Our goal is to gain a better understanding of KD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 0.87. In the meantime, Its Debt-to-Equity ratio is 3.61 whereas as Long-Term Debt/Eq ratio is at 3.26.
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:
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 Feb 06 ’25 when Khurana Vineet sold 55,465 shares for $42.81 per share. The transaction valued at 2,374,491 led to the insider holds 43,877 shares of the business.
Sebold Edward sold 27,500 shares of KD for $1,177,782 on Feb 06 ’25. The General Counsel and Secretary now owns 132,818 shares after completing the transaction at $42.83 per share. On Feb 06 ’25, another insider, Khurana Vineet, who serves as the Officer of the company, bought 55,465 shares for $42.81 each.
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 7481112576 and an Enterprise Value of 10042128384. As of this moment, Kyndryl’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.54, and their Forward P/E ratio for the next fiscal year is 15.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 6.81. Its current Enterprise Value per Revenue stands at 0.665 whereas that against EBITDA is 9.591.
Stock Price History:
The Beta on a monthly basis for KD is 1.99, which has changed by 0.47680295 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, KD has reached a high of $43.61, while it has fallen to a 52-week low of $19.24. The 50-Day Moving Average of the stock is -13.94%, while the 200-Day Moving Average is calculated to be 7.42%.
Shares Statistics:
The stock has traded on average 2.56M shares per day over the past 3-months and 3703020 shares per day over the last 10 days, according to various share statistics. A total of 231.80M shares are outstanding, with a floating share count of 229.10M. Insiders hold about 1.54% of the company’s shares, while institutions hold 77.80% stake in the company. Shares short for KD as of 1741910400 were 8592503 with a Short Ratio of 3.36, compared to 1739491200 on 8228251. Therefore, it implies a Short% of Shares Outstanding of 8592503 and a Short% of Float of 4.71.
