NYSE:KD

Kyndryl (KD) Stock Forecast, Price & News

$12.60

+0.04 (+0.32%)

(As of 06/7/2023 ET)

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Today's Range: $12.51
▼
$12.85
50-Day Range: $11.52
▼
$14.98
52-Week Range: $7.93
▼
$17.21

Volume: 1.21 million shs
Average Volume: 2.36 million shs
Market Capitalization: $2.87 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.67

Kyndryl MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 32.3% Upside
$16.67 Price Target
Short Interest: Healthy
1.66% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.46
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.66) to ($0.39) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Business Services Sector

157th out of 332 stocks

Computer Integrated Systems Design Industry

19th out of 34 stocks

3.2

Analyst's Opinion

Consensus Rating
Kyndryl has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.67, Kyndryl has a forecasted upside of 32.3% from its current price of $12.60.
Amount of Analyst Coverage
Kyndryl has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.66% of the float of Kyndryl has been sold short.
Short Interest Ratio / Days to Cover
Kyndryl has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Kyndryl has recently increased by 0.54%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Kyndryl does not currently pay a dividend.
Dividend Growth
Kyndryl does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KD.

3.6

News and Social Media Coverage

News Sentiment
Kyndryl has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Kyndryl this week, compared to 3 articles on an average week.
Search Interest
9 people have searched for KD on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Kyndryl to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kyndryl insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.23% of the stock of Kyndryl is held by insiders.
Percentage Held by Institutions
62.96% of the stock of Kyndryl is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Kyndryl are expected to grow in the coming year, from ($0.66) to ($0.39) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kyndryl is -2.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kyndryl is -2.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Kyndryl has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Kyndryl (NYSE:KD) Stock

Kyndryl Holdings, Inc. operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and cloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services. It serves financial, telecommunications, retail, automobile, and transportation industries. The company was incorporated in 2020 and is headquartered in New York, New York.

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KD Stock News Headlines

June 2, 2023 | benzinga.com

Kyndryl Named to Newsweek's List of the Top 100 Global Most Loved Workplaces For 2023

June 2, 2023 | finance.yahoo.com

Kyndryl Named to Newsweek’s List of the Top 100 Global Most Loved Workplaces For 2023

June 8, 2023 | Edge On The Street (Ad)

New "Mined in America" Lithium Opportunities?

The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.

May 23, 2023 | finance.yahoo.com

Kyndryl Unveils Advanced Application Modernization Services for Cloud Container Platforms

May 22, 2023 | bizjournals.com

ADOT piloting new digital ID technology at Scottsdale Motor Vehicle Division

May 22, 2023 | americanbankingnews.com

Kyndryl (NYSE:KD) Price Target Lowered to $14.00 at Susquehanna

May 20, 2023 | finance.yahoo.com

Is There An Opportunity With Kyndryl Holdings, Inc.'s (NYSE:KD) 40% Undervaluation?

May 20, 2023 | americanbankingnews.com

Kyndryl (NYSE:KD) Stock Price Down 4.9% After Analyst Downgrade

June 8, 2023 | Edge On The Street (Ad)

Graphite Shortage Could Derail the $7 Trillion EV Transition

Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.

May 19, 2023 | americanbankingnews.com

Contrasting Ebix (NASDAQ:EBIX) and Kyndryl (NYSE:KD)

May 19, 2023 | americanbankingnews.com

Traders Buy High Volume of Call Options on Kyndryl (NYSE:KD)

May 18, 2023 | msn.com

Susquehanna Maintains Kyndryl Holdings (KD) Neutral Recommendation

May 18, 2023 | seekingalpha.com

Kyndryl Q4 Earnings: Why The Stock Is Dropping

May 18, 2023 | finance.yahoo.com

Kyndryl Deploys Digital ID Acceptance Solution with Credence ID at Arizona Motor Vehicle Division

May 17, 2023 | msn.com

Why Kyndryl Holdings Stock Crashed 10% Today

May 17, 2023 | seekingalpha.com

Kyndryl Holdings, Inc. 2023 Q4 - Results - Earnings Call Presentation

May 17, 2023 | seekingalpha.com

Kyndryl Holdings GAAP EPS of -$3.24 misses by $2.21, revenue of $4.26B beats by $110M

May 16, 2023 | msn.com

Kyndryl Holdings, Inc. (KD) Reports Q4 Loss, Tops Revenue Estimates

May 16, 2023 | msn.com

Kyndryl Hldgs: Q1 Earnings Insights

May 16, 2023 | finance.yahoo.com

Kyndryl Reports Fourth Quarter and Full-Year 2023 Results

May 15, 2023 | msn.com

Kyndryl Holdings FQ4 2023 Earnings Preview

May 15, 2023 | msn.com

Earnings Outlook For Kyndryl Hldgs

May 15, 2023 | americanbankingnews.com

Kyndryl (KD) Set to Announce Earnings on Tuesday

May 11, 2023 | finance.yahoo.com

Kyndryl to Speak at the J.P. Morgan Global TMT Conference on May 23

May 8, 2023 | finance.yahoo.com

Kyndryl Launches New Managed SASE Service with Fortinet

April 27, 2023 | seekingalpha.com

Kyndryl Holdings, Inc.: Initiative-Driven New Company

April 23, 2023 | americanbankingnews.com

Kyndryl (NYSE:KD) Earns Outperform Rating from Analysts at Scotiabank

See More Headlines

KD Price History

30 days | 90 days | 365 days | Advanced Chart

KD Company Calendar

Last Earnings: 2/07/2023
Today: 6/07/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:KD
CUSIP: N/A
CIK: 1867072
Web: www.kyndryl.com
Phone: 212-896-2098
Fax: N/A
Employees: 90,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $16.67
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +32.3%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($6.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,375,000,000.00
Net Margins: -8.07%
Pretax Margin: -5.00%
Return on Equity: -27.55%
Return on Assets: -4.29%

Debt

Debt-to-Equity Ratio: 2.13
Current Ratio: 1.02
Quick Ratio: 1.02

Sales & Book Value

Annual Sales: $17.03 billion
Price / Sales: 0.17
Cash Flow: $12.98 per share
Price / Cash Flow: 0.97
Book Value: $6.43 per share
Price / Book: 1.96

Miscellaneous

Outstanding Shares: 227,840,000
Free Float: 227,320,000
Market Cap: $2.87 billion
Optionable: Not Optionable
Beta: 1.53

Key Executives

Mr. Martin J. Schroeter (Age 58)
Chairman & CEO
Comp: $3.33M

Mr. Elly Keinan (Age 56)
Group Pres
Comp: $4.54M

Mr. David B. Wyshner (Age 54)
Chief Financial Officer
Comp: $1.85M

Mr. Edward Sebold (Age 56)
Gen. Counsel & Sec.
Comp: $1.64M

Ms. Maryjo T. Charbonnier (Age 52)
Chief HR Officer
Comp: $2.07M

Mr. Harsh V. Chugh C.F.A.
Chief Operations Officer

Mr. Antoine Shagoury (Age 51)
Chief Technology Officer

Mr. Michael Bradshaw
Chief Information Officer

Ms. Lori C. Chaitman
Global Head of Investor Relations

Ms. Maria Bartolome Winans
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

KD Stock - Frequently Asked Questions

Should I buy or sell Kyndryl stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kyndryl in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" KD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KD, but not buy additional shares or sell existing shares.
View KD analyst ratings or view top-rated stocks.
What is Kyndryl's stock price forecast for 2023?: 3 equities research analysts have issued twelve-month price objectives for Kyndryl's shares. Their KD share price forecasts range from $14.00 to $22.00. On average, they expect the company's stock price to reach $16.67 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price.
View analysts price targets for KD or view top-rated stocks among Wall Street analysts.
How have KD shares performed in 2023?: Kyndryl's stock was trading at $11.12 at the start of the year. Since then, KD shares have increased by 13.3% and is now trading at $12.5950.
View the best growth stocks for 2023 here.
Are investors shorting Kyndryl?: Kyndryl saw a decline in short interest in April. As of April 30th, there was short interest totaling 3,700,000 shares, a decline of 6.8% from the April 15th total of 3,970,000 shares. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.7% of the company's stock are sold short.
View Kyndryl's Short Interest.
How were Kyndryl's earnings last quarter?: Kyndryl Holdings, Inc. (NYSE:KD) released its earnings results on Tuesday, February, 7th. The company reported ($0.47) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.57) by $0.10. The firm earned $4.30 billion during the quarter, compared to analyst estimates of $3.92 billion. Kyndryl had a negative net margin of 8.07% and a negative trailing twelve-month return on equity of 27.55%. Kyndryl's quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($3.30) earnings per share.
What ETFs hold Kyndryl's stock?: ETFs with the largest weight of Kyndryl (NYSE:KD) stock in their portfolio include Adaptiv Select ETF (ADPV), Invesco S&P Spin-Off ETF (CSD), iShares Future Cloud 5G and Tech ETF (IDAT), Gabelli Automation ETF (GAST), Invesco S&P MidCap 400 Pure Value ETF (RFV), Invesco S&P MidCap 400 Revenue ETF (RWK), Wedbush ETFMG Global Cloud Technology ETF (IVES) and Convergence Long/Short Equity ETF (CLSE).

What guidance has Kyndryl issued on next quarter's earnings?: Kyndryl issued an update on its FY 2024 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $16.00 billion-$16.40 billion, compared to the consensus revenue estimate of $16.47 billion.
What is Kyndryl's stock symbol?: Kyndryl trades on the New York Stock Exchange (NYSE) under the ticker symbol "KD."
Who are Kyndryl's major shareholders?: Kyndryl's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.95%), Jupiter Asset Management Ltd. (7.20%), Greenlight Capital Inc. (3.74%), Dimensional Fund Advisors LP (3.14%), State Street Corp (2.68%) and Allspring Global Investments Holdings LLC (1.65%). Insiders that own company stock include Business Machine International, David B Wyshner, Denis Machuel, Elly Keinan, Goldman Sachs Group Inc, Howard I Ungerleider and Martin J Schroeter.
View institutional ownership trends.
How do I buy shares of Kyndryl?: Shares of KD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Kyndryl's stock price today?: One share of KD stock can currently be purchased for approximately $12.60.
How much money does Kyndryl make?: Kyndryl (NYSE:KD) has a market capitalization of $2.87 billion and generates $17.03 billion in revenue each year. The company earns $-1,375,000,000.00 in net income (profit) each year or ($6.06) on an earnings per share basis.
How many employees does Kyndryl have?: The company employs 90,000 workers across the globe.
How can I contact Kyndryl?: The official website for the company is www.kyndryl.com. The company can be reached via phone at 212-896-2098 or via email at investors@kyndryl.com.

This page (NYSE:KD) was last updated on 6/8/2023 by MarketBeat.com Staff

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