Kyndryl Holdings, Inc. (NYSE:KD) Given Average Rating of “Hold” by Brokerages

Kyndryl Holdings, Inc. (NYSE:KD) has earned a consensus rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $42.00.

Several research firms have commented on KD. Zacks Research lowered shares of Kyndryl from a “hold” rating to a “strong sell” rating in a research note on Monday, September 29th. Oppenheimer boosted their target price on shares of Kyndryl from $47.00 to $55.00 and gave the stock an “outperform” rating in a report on Tuesday, July 8th. Morgan Stanley started coverage on Kyndryl in a research report on Friday, September 26th. They issued an “equal weight” rating and a $30.00 target price on the stock. Wall Street Zen lowered Kyndryl from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Kyndryl in a research report on Saturday.

Kyndryl Stock Performance

Shares of NYSE KD opened at $28.51 on Friday. The firm’s 50-day moving average price is $30.51 and its 200-day moving average price is $34.68. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.24. The company has a market cap of $6.59 billion, a PE ratio of 23.56, a PEG ratio of 3.19 and a beta of 1.85. Kyndryl has a 52-week low of $22.68 and a 52-week high of $44.20.

Kyndryl (NYSE:KD) last posted its quarterly earnings data on Monday, August 4th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Kyndryl had a net margin of 1.97% and a return on equity of 19.88%. The company had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.83 billion. During the same quarter last year, the firm posted $0.13 earnings per share. The firm’s revenue was up .1% compared to the same quarter last year. Kyndryl has set its FY 2026 guidance at EPS. As a group, analysts anticipate that Kyndryl will post 0.73 EPS for the current year.

Institutional Trading of Kyndryl

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Hollencrest Capital Management grew its position in Kyndryl by 637.7% in the 1st quarter. Hollencrest Capital Management now owns 900 shares of the company’s stock valued at $28,000 after acquiring an additional 778 shares in the last quarter. Quarry LP acquired a new position in Kyndryl in the 1st quarter valued at about $28,000. ST Germain D J Co. Inc. grew its position in Kyndryl by 135.2% in the 2nd quarter. ST Germain D J Co. Inc. now owns 668 shares of the company’s stock valued at $28,000 after acquiring an additional 384 shares in the last quarter. Compass Financial Services Inc acquired a new position in Kyndryl in the 1st quarter valued at about $30,000. Finally, Virtus Advisers LLC acquired a new position in Kyndryl in the 1st quarter valued at about $31,000. 71.53% of the stock is owned by institutional investors and hedge funds.

Kyndryl Company Profile

Kyndryl Holdings, Inc operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services.