Prepare Yourself for Liftoff: Kyndryl Holdings Inc (KD)

With 1.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.18 million shares. The 52-week range on KD shows that it touched its highest point at $43.61 and its lowest point at $19.24 during that stretch. It currently has a 1-year price target of $44.60. Beta for the stock currently stands at 1.93.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KD was down-trending over the past week, with a drop of -3.35%, but this was down by -2.05% over a month. Three-month performance surged to 7.12% while six-month performance rose 56.94%. The stock gained 67.18% in the past year, while it has gained 7.46% so far this year. A look at the trailing 12-month EPS for KD yields 0.56 with Next year EPS estimates of 2.06. For the next quarter, that number is 0.57. This implies an EPS growth rate of 1215.45% for this year and 67.98% for next year.

Float and Shares Shorts:

At present, 231.80 million KD shares are outstanding with a float of 229.10 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KD since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.02857143 being high and -$0.21429 being low. For KD, this leads to a yearly average estimate of -$0.1. Based on analyst estimates, the high estimate for the next quarter is $0.53 and the low estimate is $0.37. The average estimate for the next quarter is thus $0.45.

Summary of Insider Activity:

Insiders traded KD stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.