During the last session, Kyndryl Holdings Inc. (NYSE:KD)’s traded shares were 3.11 million. At the end of the trading day, the stock’s price was $9.25, reflecting an intraday gain of 0.54% or $0.05. The 52-week high for the KD share is $52.00, that puts it down -462.16 from that peak though still a striking 1.62% gain since the share price plummeted to a 52-week low of $9.10. The company’s market capitalization is $2.10B, and the average trade volume was 2.41 million shares over the past three months.
Kyndryl Holdings Inc. (KD) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 3.00. KD has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.86.
Kyndryl Holdings Inc. (NYSE:KD) trade information
Kyndryl Holdings Inc. (KD) registered a 0.54% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.54% in intraday trading to $9.25 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is -4.84%, and it has moved by -33.07% in 30 days.
The consensus price target of analysts on Wall Street is $18.00, which implies an increase of 48.61% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18.00 and $18.00 respectively. As a result, KD is trading at a discount of -94.59% off the target high and -94.59% off the low.
Revenue for the current quarter is expected to be $16.7 billion as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $4.24 billion by the end of Jun 2022.
While earnings are projected to return -15.20% in 2022.
Kyndryl Holdings Inc. is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Kyndryl Holdings Inc. (NYSE:KD)’s Major holders
Kyndryl Holdings Inc. insiders own 20.01% of total outstanding shares while institutional holders control 45.23%, with the float percentage being 56.54%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 822 institutions own stock in it. As of Dec 30, 2021, the company held over 17.93 million shares (or 7.98% of all shares), a total value of $324.51 million in shares.
The next largest institutional holding, with 15.12 million shares, is of Blackrock Inc.’s that is approximately 6.73% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $198.36 million.
Also, the Mutual Funds coming in first place with the largest holdings of Kyndryl Holdings Inc. (KD) shares are Vanguard Total Stock Market Index Fund and iShares Core S&P Midcap ETF. Data provided on Dec 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 5.1 million shares. This amounts to just over 2.27 percent of the company’s overall shares, with a $92.32 million market value. The same data shows that the other fund manager holds slightly less at 4.97 million, or about 2.21% of the stock, which is worth about $83.84 million.