Kyndryl Holdings Inc [NYSE: KD] traded at a high on Thursday, posting a 10.53 gain after which it closed the day’ session at $36.63.
The results of the trading session contributed to over 4551890 shares changing hands. Over the past one week, the price volatility of Kyndryl Holdings Inc stands at 3.99% while the volatility over the past one month is 4.19%.
The market cap for KD stock reached $8.52 billion, with 232.69 million shares outstanding and 229.18 million shares in the current float. Compared to the average trading volume of 2.31M shares, KD reached a trading volume of 4551890 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]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KD shares is $44.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KD stock is a recommendation set at 1.43. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Oppenheimer have made an estimate for Kyndryl Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 22, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price to Buy. The new note on the price target was released on November 22, 2024, representing the official price target for Kyndryl Holdings Inc stock. Previously, the target price had yet another raise to $33, while Oppenheimer analysts kept a Outperform rating on KD stock. On February 12, 2024, analysts increased their price target for KD shares from 19 to 27.
The Average True Range (ATR) for Kyndryl Holdings Inc is set at 1.51, with the Price to Sales ratio for KD stock in the period of the last 12 months amounting to 0.57. The Price to Book ratio for the last quarter was 7.76, with the Price to Cash per share for the same quarter was set at 7.68. Price to Free Cash Flow for KD in the course of the last twelve months was 25.37 with Quick ratio for the last quarter at 0.87.
How has KD stock performed recently?
Kyndryl Holdings Inc [KD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.27. With this latest performance, KD shares gained by 31.90% in over the last four-week period, additionally plugging by 59.26% over the last 6 months – not to mention a rise of 75.35% in the past year of trading.
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 current RSI for KD stock in for the last two-week period is set at 69.52, with the RSI for the last a single of trading hit 79.85, and the three-weeks RSI is set at 62.51 for Kyndryl Holdings Inc [KD]. The present Moving Average for the last 50 days of trading for this stock 32.92, while it was recorded at 33.94 for the last single week of trading, and 30.58 for the last 200 days.
Kyndryl Holdings Inc [KD]: Deeper insight into the fundamentals
Kyndryl Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.87 and a Current Ratio set at 0.87.
Earnings analysis for Kyndryl Holdings Inc [KD]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kyndryl Holdings Inc go to 60.06%.
Insider trade positions for Kyndryl Holdings Inc [KD]
The top three institutional holders of KD stocks are: VANGUARD GROUP INC with ownership of 26.76 million shares, which is approximately 11.6077%. BLACKROCK INC., holding 23.16 million shares of the stock with an approximate value of $$609.32 million in KD stocks shares; and BLACKROCK INC., currently with $$235.74 million in KD stock with ownership which is approximately 3.8874%.
