In the latest trading session,, 2.64 million Kyndryl Holdings Inc (NYSE:KD) shares changed hands as the company’s beta touched 1.65. With the company’s most recent per share price at $25.18 changing hands around $4.41 or 21.26% at last look, the market valuation stands at $5.80B. KD’s last price was a premium, traded about 9.05% off its 52-week high of $22.90. The share price had its 52-week low at $11.35, which suggests the last value was 54.92% up since then. When we look at Kyndryl Holdings Inc’s average trading volume, we note the 3-month average coming to 1.57 million.
Kyndryl Holdings Inc (NYSE:KD) trade information
Instantly KD is in green as seen in intraday trades today. With action 25.99%, the performance over the past five days has been green. The jump to weekly highs of 25.10 added 21.26% to the stock’s daily price. The company’s shares are showing year-to-date upside of 21.20%, with the 5-day performance at 25.99% in the green. However, in the 30-day time frame, Kyndryl Holdings Inc (NYSE:KD) is 13.65% up.
Kyndryl Holdings Inc (KD) estimates and forecasts
Data shows that the Kyndryl Holdings Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 64.07% over the past 6 months, a 1,100.00% in annual growth rate that is considerably higher than the industry average of 20.60%. Year-over-year growth is forecast to reach -4.90% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 15.26B. 4 analysts are of the opinion that Kyndryl Holdings Inc’s revenue for the current quarter will be 3.81B. The company’s revenue for the corresponding quarters a year ago was 16.05B and 4.09B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -4.90%. The estimates for the next quarter sales put growth at -7.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.46%. The 2024 estimates are for Kyndryl Holdings Inc earnings to increase by 1227.27%.
