Market Analysts see Kyndryl Holdings Inc. [KD] gaining to $22. Time to buy?

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Kyndryl Holdings Inc. [NYSE: KD] traded at a low on 11/23/21, posting a -6.49 loss after which it closed the day’ session at $17.30. The company report on November 19, 2021 that Kyndryl and VMware Expand Partnership to Accelerate Customers’ App Modernization and Cloud Initiatives.

Kyndryl (NYSE: KD) and VMware (NYSE: VM) announced an expansion of the companies’ strategic partnership focused on app modernization and multicloud services. This collaboration will enable customers to enhance their digital innovation and business transformation with enterprise control.


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The primary goal of the expanded partnership is to accelerate IT and business reinvention for customers through the combination of VMware solutions and Kyndryl’s design, build and managed services. The companies also aim to help customers speed their digital transformations by rapidly building and deploying new, more secure applications designed and built for a world of distributed work.

The results of the trading session contributed to over 4048580 shares changing hands. Over the past one week, the price volatility of Kyndryl Holdings Inc. stands at 7.03% while the volatility over the past one month is 8.55%.

The market cap for KD stock reached $3.76 billion, with 217.19 million shares outstanding. Compared to the average trading volume of 5.76M shares, KD reached a trading volume of 4048580 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Kyndryl Holdings Inc. [KD]?

Evercore ISI have made an estimate for Kyndryl Holdings Inc. shares, keeping their opinion on the stock as In-line, with their previous recommendation back on November 15, 2021.

The Average True Range (ATR) for Kyndryl Holdings Inc. is set at 2.38, with the Price to Sales ratio for KD stock in the period of the last 12 months amounting to 0.19.

How has KD stock performed recently?

Kyndryl Holdings Inc. [KD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.18.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The RSI for the last a single of trading hit 12.54, and the three-weeks RSI is set at 10.73 for Kyndryl Holdings Inc. [KD], while it was recorded at 18.11 for the last single week of trading.

Kyndryl Holdings Inc. [KD]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Kyndryl Holdings Inc. [KD] shares currently have an operating margin of -3.82 and a Gross Margin at +11.41. Kyndryl Holdings Inc.’s Net Margin is presently recorded at -10.39.

Return on Total Capital for KD is now -10.86, given the latest momentum, and Return on Invested Capital for the company is -31.56. Return on Equity for this stock declined to -37.37, with Return on Assets sitting at -17.53. When it comes to the capital structure of this company, Kyndryl Holdings Inc. [KD] has a Total Debt to Total Equity ratio set at 28.57. Additionally, KD Total Debt to Total Capital is recorded at 22.22, with Total Debt to Total Assets ending up at 12.42. Long-Term Debt to Equity for the company is recorded at 20.32, with the Long-Term Debt to Total Capital now at 15.80.

Receivables Turnover for the company is 11.97 with a Total Asset Turnover recorded at a value of 1.69.Kyndryl Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.

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Insider trade positions for Kyndryl Holdings Inc. [KD]

There are presently around $1,764 million, in the hands of institutional investors. The top three institutional holders of KD stocks are: VANGUARD GROUP INC with ownership of 14,987,296, which is approximately 0.217% of the company’s market cap and around 20.50% of the total institutional ownership; BLACKROCK INC., holding 12,905,639 shares of the stock with an approximate value of $223.27 million in KD stocks shares; and STATE STREET CORP, currently with $177.71 million in KD stock with ownership of nearly -0.999% of the company’s market capitalization.

Positions in Kyndryl Holdings Inc. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 1,055 institutional holders increased their position in Kyndryl Holdings Inc. [NYSE:KD] by around 3,818,663 shares. Additionally, 875 investors decreased positions by around 3,241,333 shares, while 364 investors held positions by with 94,910,174 shares. The mentioned changes placed institutional holdings at 101,970,170 shares, according to the latest SEC report filing. KD stock had 104 new institutional investments in for a total of 783,231 shares, while 127 institutional investors sold positions of 247,767 shares during the same period.

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