The most recent trading session ended with Kyndryl Holdings, Inc. (KD) standing at $26.74, reflecting a +0.98% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%. Coming into today, shares of the company had gained 3.64% in the past month. In that same time, the Business Services sector gained 1.47%, while the S&P 500 gained 3.78%. The upcoming earnings release of Kyndryl Holdings, Inc. ...

Company will host earnings call on August 1, 2024 NEW YORK, July 15, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it will release results for the quarter ended June 30, 2024, the first quarter of its 2025 fiscal year, after market close on Wednesday, July 31, 2024. Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will host an earnings conference call and webcast at 8:30 a.m ...

Company Overview - Kyndryl Holdings, Inc. is expected to report earnings of $1.38 per share and revenue of $15.38 billion for the entire year, reflecting a significant increase in earnings of +1354.55% but a revenue decline of -6.57% compared to the previous year [1] - The company closed at $26 in the latest trading session, marking a +0.31% change from the previous day, outperforming the S&P 500's 0.1% gain [7] Valuation Metrics - Kyndryl Holdings, Inc. is currently trading at a Forward P/E ratio of 18.82, which is below the industry average Forward P/E of 22.17, indicating a potential discount [2] - The company has a PEG ratio of 3.76, compared to the average PEG ratio of 1.45 for the Technology Services industry, suggesting that the company's projected earnings growth is not being fully reflected in its valuation [9] Analyst Estimates and Market Performance - Recent changes to analyst estimates for Kyndryl Holdings, Inc. indicate a positive outlook, with a 21.65% rise in the Zacks Consensus EPS estimate over the past month [11] - The upcoming earnings disclosure is anticipated to show revenue of $3.78 billion, which represents a 9.86% decline compared to the same quarter last year [10] - Kyndryl Holdings, Inc. currently holds a Zacks Rank of 1 (Strong Buy), reflecting strong analyst confidence in the company's performance [11] Industry Context - The Technology Services industry, which includes Kyndryl Holdings, Inc., holds a Zacks Industry Rank of 62, placing it in the top 25% of over 250 industries [6] - The Business Services sector, of which the Technology Services industry is a part, has seen Kyndryl's shares lag behind, with a -0.77% decline over the past month compared to a 2.1% gain in the sector and a 4.08% gain in the S&P 500 [4]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Kyndryl Holdings, Inc. (KD) . Kyndryl Holdings, Inc. currently has an aver ...

NEW YORK, July 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the appointment of a new Chief Information Officer (CIO) and leadership changes in two of its major practices, Applications, Data and AI and Cloud. Kim Basile has been named Kyndryl's new CIO, succeeding Michael Bradshaw, who is assuming leadership of the company's Applications, Data and AI practice. Additionally, Nicolas Sekkaki has been named the Practice Leader for Kyndryl's ...

The latest trading session saw Kyndryl Holdings, Inc. (KD) ending at $25.54, denoting a +0.27% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.09%. On the other hand, the Dow registered a loss of 0.1%, and the technology-centric Nasdaq increased by 0.16%. The company's shares have seen a decrease of 6.91% over the last month, not keeping up with the Business Services sector's gain of 1.04% and the S&P 500's gain of 2.83%. Analysts and investors al ...

Prior to today's trading, shares of the company had lost 8.98% over the past month. This has lagged the Business Services sector's loss of 0.98% and the S&P 500's gain of 3.34% in that time. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Industry Rank is ordered from ...

Coming into today, shares of the company had lost 7.99% in the past month. In that same time, the Business Services sector lost 0.77%, while the S&P 500 gained 3.71%. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.20 per share and revenue of $15.4 billion, which would represent changes of +1190.91% and -4.09%, respectively, from the prior year. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have cr ...

Company Earns Top Honors in Various Global Employer Awards and Accolades NEW YORK, June 6, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has been named one of Newsweek's Top 100 Global Most Loved Workplaces® for the second consecutive year. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them. K ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Kyndryl Holdings, Inc. (KD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Kyndryl Holdings, Inc. currently has an average b ...