Kyndryl Holdings Inc (KD) Stock: Analyzing the Quarterly Movement

The stock of Kyndryl Holdings Inc (KD) has seen a -0.51% decrease in the past week, with a -3.15% drop in the past month, and a 3.66% flourish in the past quarter. The volatility ratio for the week is 2.28%, and the volatility levels for the past 30 days are at 2.83% for KD. The simple moving average for the past 20 days is -1.42% for KD’s stock, with a 23.54% simple moving average for the past 200 days.

Is It Worth Investing in Kyndryl Holdings Inc (NYSE: KD) Right Now?

Company’s 36-month beta value is 1.63.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for KD is 226.79M, and currently, short sellers hold a 1.93% ratio of that floaft. The average trading volume of KD on April 03, 2024 was 1.53M shares.

KD) stock’s latest price update

The stock price of Kyndryl Holdings Inc (NYSE: KD) has plunged by -0.05 when compared to previous closing price of 21.55, but the company has seen a -0.51% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that Investors interested in Technology Services stocks are likely familiar with Kyndryl Holdings, Inc. (KD) and Thomson Reuters (TRI). But which of these two companies is the best option for those looking for undervalued stocks?

Analysts’ Opinion of KD

Many brokerage firms have already submitted their reports for KD stocks, with Susquehanna repeating the rating for KD by listing it as a “Positive.” The predicted price for KD in the upcoming period, according to Susquehanna is $27 based on the research report published on February 12, 2024 of the current year 2024.

Evercore ISI, on the other hand, stated in their research note that they expect to see KD reach a price target of $26. The rating they have provided for KD stocks is “Outperform” according to the report published on January 08th, 2024.

JP Morgan gave a rating of “Overweight” to KD, setting the target price at $25 in the report published on December 18th of the previous year.

KD Trading at 0.32% from the 50-Day Moving Average

After a stumble in the market that brought KD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.94% of loss for the given period.

Volatility was left at 2.83%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares sank -5.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.16% upper at present.

During the last 5 trading sessions, KD fell by -0.51%, which changed the moving average for the period of 200-days by +62.32% in comparison to the 20-day moving average, which settled at $21.79. In addition, Kyndryl Holdings Inc saw 3.66% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for KD

Current profitability levels for the company are sitting at:

  • -0.01 for the present operating margin
  • 0.16 for the gross margin

The net margin for Kyndryl Holdings Inc stands at -0.07. The total capital return value is set at -0.04. Equity return is now at value -68.32, with -9.04 for asset returns.

Based on Kyndryl Holdings Inc (KD), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 4.12. The interest coverage ratio of the stock is -2.17.

Currently, EBITDA for the company is 952.0 million with net debt to EBITDA at 2.57. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The receivables turnover for the company is 10.12for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.

Conclusion

In a nutshell, Kyndryl Holdings Inc (KD) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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