Kyndryl (US:KD) ZACKSยท2024-12-24 00:21Company Performance - The company's stock has increased by 4.42% in the past month, outperforming the Business Services sector's gain of 0.33% and the S&P 500's gain of 0.34% [1] - The latest trading session saw Kyndryl Holdings, Inc. (KD) closing at $34.41, reflecting a -0.29% change from the previous day's close, which was below the S&P 500's daily gain of 0.73% [8] Earnings and Revenue Estimates - For the entire fiscal year, the Zacks Consensus Estimates project earnings of $1.22 per share and revenue of $15.26 billion, representing changes of +1209.09% and -4.93% from the prior year, respectively [5] - The company is forecasted to report an EPS of $0.41, indicating a 920% increase from the corresponding quarter of the prior year, while the revenue is expected to be $3.82 billion, showing a 2.87% decline compared to the same quarter last year [9] Valuation Metrics - Kyndryl Holdings, Inc. is currently trading at a Forward P/E ratio of 28.38, which is a premium compared to its industry's Forward P/E of 26.46 [3] - The company has a PEG ratio of 5.68, significantly higher than the average PEG ratio of 1.5 for the Technology Services industry [11] Analyst Ratings and Industry Ranking - Kyndryl Holdings, Inc. currently holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [6] - The Technology Services industry, which includes Kyndryl, has a Zacks Industry Rank of 64, placing it in the top 26% of all 250+ industries [7]