Kyndryl (KD) Stock Price, News & Analysis

Company Overview

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

Key Stats

• Today's Range: $23.48 to $23.99
• 50-Day Range: $21.78 to $27.63
• 52-Week Range: $13.87 to $28.60
• Volume: 2.16 million shs
• Average Volume: 1.69 million shs
• Market Capitalization: $5.51 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $29.40
• Consensus Rating: Buy

Kyndryl Stock Analysis - MarketRank™

Kyndryl scored higher than 63% of companies evaluated by MarketBeat, and ranked 145th out of 343 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Kyndryl has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Kyndryl has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 114.74%

Earnings Growth

Earnings for Kyndryl are expected to grow by 114.74% in the coming year, from $0.95 to $2.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kyndryl is -16.03, 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 -16.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Kyndryl has a PEG Ratio of 4.77. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Kyndryl has a P/B Ratio of 4.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.09% 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 5.3.

Change versus previous month

Short interest in Kyndryl has recently decreased by 12.16%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Kyndryl does not currently pay a dividend.

Dividend Growth

Kyndryl does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.09% 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 5.3.

Change versus previous month

Short interest in Kyndryl has recently decreased by 12.16%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.05

News Sentiment

Kyndryl has a news sentiment score of 1.05. 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 0.53 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Kyndryl this week, compared to 4 articles on an average week.

Search Interest

Only 16 people have searched for KD on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Kyndryl to their MarketBeat watchlist in the last 30 days. This is a decrease of -82% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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 1.04% of the stock of Kyndryl is held by insiders.

Percentage Held by Institutions

71.53% of the stock of Kyndryl is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KD Stock Analysis - Frequently Asked Questions

How have KD shares performed this year?

Kyndryl's stock was trading at $20.78 at the beginning of the year. Since then, KD stock has increased by 15.0% and is now trading at $23.89.
View the best growth stocks for 2024 here.

How were Kyndryl's earnings last quarter?

Kyndryl Holdings, Inc. (NYSE:KD) posted its earnings results on Wednesday, July, 31st. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. The company had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.78 billion. Kyndryl had a negative net margin of 1.21% and a negative trailing twelve-month return on equity of 3.28%.

Who are Kyndryl's major shareholders?

Top institutional shareholders of Kyndryl include Dimensional Fund Advisors LP (3.20%), DME Capital Management LP (1.92%), Allspring Global Investments Holdings LLC (1.30%) and Renaissance Technologies LLC (1.20%). Insiders that own company stock include Goldman Sachs Group Inc, Business Machine International, Martin J Schroeter, Elly Keinan, David B Wyshner, Vineet Khurana, Howard I Ungerleider and Denis Machuel.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/31/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/05/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Computer integrated systems design
• Sub-Industry: Computer Software
• Current Symbol: NYSE:KD
• CUSIP: N/A
• CIK: 1867072
• Web: www.kyndryl.com
• Phone: 212-896-2098
• Fax: N/A
• Employees: 80,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $29.40
• High Stock Price Target: $33.00
• Low Stock Price Target: $25.00
• Potential Upside/Downside: +24.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.49)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 24.91
• P/E Growth: 4.77
• Net Income: $-340,000,000.00
• Net Margins: -1.21%
• Pretax Margin: 0.03%
• Return on Equity: -3.28%
• Return on Assets: -0.36%

Debt

• Debt-to-Equity Ratio: 2.82
• Current Ratio: 1.03
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $15.60 billion
• Price / Sales: 0.35
• Cash Flow: $13.29 per share
• Price / Cash Flow: 1.78
• Book Value: $4.88 per share
• Price / Book: 4.85

Miscellaneous

• Outstanding Shares: 230,513,000
• Free Float: 228,116,000
• Market Cap: $5.45 billion
• Optionable: Optionable
• Beta: 1.64