In the past week, KD stock has gone up by 3.90%, with a monthly gain of 4.51% and a quarterly surge of 53.98%. The volatility ratio for the week is 2.29%, and the volatility levels for the last 30 days are 2.48% for Kyndryl Holdings Inc. The simple moving average for the past 20 days is 1.60% for KD’s stock, with a 39.18% simple moving average for the past 200 days.
Is It Worth Investing in Kyndryl Holdings Inc (NYSE: KD) Right Now?
The 36-month beta value for KD is at 1.95. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for KD is 228.88M, and currently, shorts hold a 3.46% of that float. The average trading volume for KD on December 27, 2024 was 1.98M shares.
KD) stock’s latest price update
The stock price of Kyndryl Holdings Inc (NYSE: KD) has jumped by 1.26 compared to previous close of 34.99. Despite this, the company has seen a gain of 3.90% in its stock price over the last five trading days. zacks.com reported 2024-12-24 that In the most recent trading session, Kyndryl Holdings, Inc. (KD) closed at $34.99, indicating a +1.69% shift from the previous trading day.
Analysts’ Opinion of KD
Many brokerage firms have already submitted their reports for KD stocks, with Oppenheimer repeating the rating for KD by listing it as a “Outperform.” The predicted price for KD in the upcoming period, according to Oppenheimer is $37 based on the research report published on November 22, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see KD reach a price target of $40. The rating they have provided for KD stocks is “Buy” according to the report published on November 22nd, 2024.
Oppenheimer gave a rating of “Outperform” to KD, setting the target price at $33 in the report published on June 27th of the current year.
KD Trading at 18.41% 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 -2.74% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares surge +3.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.12% upper at present.
During the last 5 trading sessions, KD rose by +3.90%, which changed the moving average for the period of 200-days by +58.95% in comparison to the 20-day moving average, which settled at $34.87. In addition, Kyndryl Holdings Inc saw 70.50% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KD starting from Khurana Vineet, who sale 30,430 shares at the price of $26.36 back on Jun 03 ’24. After this action, Khurana Vineet now owns 78,722 shares of Kyndryl Holdings Inc, valued at $802,244 using the latest closing price.
Stock Fundamentals for KD
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.2 for the gross margin
The net margin for Kyndryl Holdings Inc stands at -0.01. The total capital return value is set at 0.06. Equity return is now at value -8.57, with -0.85 for asset returns.
Based on Kyndryl Holdings Inc (KD), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 3.04. The interest coverage ratio of the stock is 3.01.
Currently, EBITDA for the company is 1.23 billion with net debt to EBITDA at 2.32. When we switch over and look at the enterprise to sales, we see a ratio of 0.72. The receivables turnover for the company is 10.62for trailing twelve months and the total asset turnover is 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
Conclusion
In conclusion, Kyndryl Holdings Inc (KD) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
