Technology Services

Search documents
Here's Why Kyndryl Holdings, Inc. (KD) Fell More Than Broader Market
ZACKS· 2025-06-13 23:01
Company Performance - Kyndryl Holdings, Inc. closed at $39.25, reflecting a -2.29% change from the previous day, underperforming the S&P 500's daily loss of 1.13% [1] - Over the past month, the company's shares decreased by 1.37%, lagging behind the Business Services sector's gain of 0.81% and the S&P 500's gain of 3.55% [1] Upcoming Financial Results - The company is expected to report an EPS of $0.48, representing a significant increase of 269.23% compared to the same quarter last year [2] - Revenue is anticipated to be $3.85 billion, which is a 3.09% increase from the prior-year quarter [2] Full Year Projections - For the full year, earnings are projected at $2.17 per share and revenue at $15.64 billion, indicating increases of +82.35% and +3.86% respectively from the previous year [3] Analyst Estimates and Stock Performance - Recent changes to analyst estimates for Kyndryl Holdings reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Kyndryl Holdings at 3 (Hold), with a consensus EPS projection that has increased by 3.2% in the past 30 days [6] Valuation Metrics - Kyndryl Holdings is trading at a Forward P/E ratio of 18.49, which is below the industry average of 20.43, suggesting a discount relative to its peers [7] - The company has a PEG ratio of 0.74, compared to the Technology Services industry's average PEG ratio of 1.44, indicating a favorable valuation based on expected earnings growth [8] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [9]
AppLovin (APP) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-06-13 22:46
Company Performance - AppLovin's stock closed at $364.49, down 4.23% from the previous trading session, underperforming the S&P 500's loss of 1.13% [1] - The stock has increased by 3.81% over the past month, outperforming the Business Services sector's gain of 0.81% and the S&P 500's gain of 3.55% [1] Earnings Expectations - AppLovin is expected to report an EPS of $2.01, representing a 125.84% increase from the same quarter last year [2] - Revenue is projected to be $1.4 billion, reflecting a 29.6% rise from the equivalent quarter last year [2] Full Year Projections - For the full year, earnings are projected at $8.41 per share and revenue at $5.72 billion, indicating changes of +85.65% and +21.48% respectively from the prior year [3] - Recent analyst estimate revisions are seen as a positive sign for the business outlook [3] Valuation Metrics - AppLovin is currently trading at a Forward P/E ratio of 45.26, which is a premium compared to the industry average of 20.43 [6] - The company has a PEG ratio of 2.26, while the Technology Services industry has an average PEG ratio of 1.44 [6] Industry Ranking - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
GigaCloud Technology Inc. (GCT) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-06-12 22:46
Company Performance - GigaCloud Technology Inc. closed at $18.53, down 1.12% from the previous trading session, underperforming the S&P 500's gain of 0.38% [1] - The stock has decreased by 0.05% over the past month, lagging behind the Business Services sector's gain of 3.09% and the S&P 500's gain of 6.6% [1] Earnings Expectations - The upcoming earnings disclosure is expected to show an EPS of $0.46, reflecting a decline of 29.23% from the same quarter last year [2] - Revenue is projected to be $290.2 million, indicating a decrease of 6.65% compared to the previous year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $2.85 per share, down 6.56% from the prior year, while revenue is expected to remain flat at $1.16 billion [3] - Recent analyst estimate revisions suggest a changing outlook on the company's business health and profitability [3] Analyst Ratings - The Zacks Rank system currently rates GigaCloud Technology Inc. at 4 (Sell), with a consensus EPS projection that has decreased by 1.72% in the past 30 days [5] - The Zacks Rank system has a historical average annual return of +25% for 1 ranked stocks since 1988 [5] Valuation Metrics - GigaCloud Technology Inc. has a Forward P/E ratio of 6.58, which is significantly lower than the industry average Forward P/E of 19.78 [6] - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 46, placing it in the top 19% of over 250 industries [6]
Sensata Technologies, Inc. Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims
GlobeNewswire News Room· 2025-06-12 17:18
Core Points - Sensata Technologies, Inc. experienced a data breach that compromised the personal and confidential information of thousands of current and former employees [2][4] - The breach occurred between March 28, 2025, and April 6, 2025, when cybercriminals infiltrated Sensata's computer systems [2] - The exposed information includes names, Social Security numbers, financial account information, payment card information, tax identification numbers, driver's license numbers, medical information, health insurance information, passport numbers, dates of birth, and addresses [5] Legal Actions - Murphy Law Firm is investigating claims on behalf of individuals affected by the data breach and is evaluating legal options, including a potential class action lawsuit [1][3] - The firm specializes in data breach class actions and has a track record of securing favorable recoveries for clients [4]
Leidos Welcomes Nearly 900 Summer Interns from 290 Colleges and Universities
Prnewswire· 2025-06-12 17:00
Core Insights - Leidos is significantly expanding its summer internship program, with nearly 900 interns from 290 colleges and universities participating in 2025 [1][2] - The company has tripled its intern class size since 2016, emphasizing the importance of attracting and retaining top talent for growth [2] - A high percentage of interns, 90%, either receive job offers or return for additional internships, indicating the program's effectiveness [2] Company Overview - Leidos is a leader in the industry and technology sector, serving both government and commercial clients with innovative digital solutions [4] - The company is headquartered in Reston, Virginia, and employs approximately 48,000 people globally [4] - For the fiscal year ending January 3, 2025, Leidos reported annual revenues of around $16.7 billion [4] Internship Program Details - The 2025 intern class includes students from 38 different college majors across 34 states, the U.K., and Australia [3] - The CEO of Leidos, Tom Bell, highlighted the internship program as a crucial investment for the company's future, providing interns with valuable experience and insights into the industry [3] - Interns contribute fresh ideas and energy to existing teams, enhancing the company's operational capabilities [3]
Concentrix Schedules Release of Second Quarter 2025 Financial Results and Webcast of Investor Conference Call
Globenewswire· 2025-06-11 12:00
NEWARK, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, plans to announce its fiscal second quarter 2025 financial results after market close on Thursday, June 26, 2025. The Company also plans to host a conference call and webcast with the investment community to discuss the financial results that same evening on Thursday, June 26, 2025, at 5:00 pm, Eastern Time. About us: Powering a World That Works Concentrix Corporation (NASDAQ: CN ...
Symbotic Inc. (SYM) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-06-10 23:01
Symbotic Inc. (SYM) closed the latest trading day at $28.23, indicating a -6.65% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.25%, while the tech-heavy Nasdaq appreciated by 0.63%.The the stock of company has risen by 16.31% in the past month, leading the Business Services sector's gain of 2.47% and the S&P 500's gain of 6.29%.The investment community will be paying close attention to the earnings perfor ...
Prediction: These Are Wall Street's Next 2 Trillion-Dollar Stocks -- and Neither Is Palantir Technologies
The Motley Fool· 2025-06-10 07:06
The stock market's next trillion-dollar companies aren't going to come from the tech sector. Over the last century, no asset class has come remotely close to matching the annual return of stocks. Spanning multidecade periods, it's commonplace to see the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite pushing to all-time highs. But something that's been exceptionally rare on Wall Street is seeing a publicly traded company hit a nominal market cap of $1 trillion. Only 11 public companies, 10 of wh ...
Are You Looking for a Top Momentum Pick? Why Byrna Technologies Inc. (BYRN) is a Great Choice
ZACKS· 2025-06-09 17:06
Company Overview - Byrna Technologies Inc. (BYRN) currently has a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company holds a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, BYRN shares have increased by 17.59%, significantly outperforming the Zacks Technology Services industry, which rose by 2.06% [5] - In a longer time frame, BYRN's shares have appreciated by 45.88% over the past month, compared to the industry's 1.39% [5] - Over the last quarter, BYRN shares have surged by 50.36%, and over the past year, they have gained an impressive 183.45%, while the S&P 500 has only moved 4.9% and 13.46% respectively [6] Trading Volume - The average 20-day trading volume for BYRN is 414,834 shares, which serves as a useful baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, two earnings estimates for BYRN have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $0.31 to $0.35 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive performance metrics and earnings outlook, BYRN is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]
Byrna Technologies (BYRN) Surges 18.0%: Is This an Indication of Further Gains?
ZACKS· 2025-06-09 15:06
Byrna Technologies Inc. (BYRN) shares ended the last trading session 18% higher at $31.35. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 17.4% gain over the past four weeks.The stock is benefitting from the record-setting revenue expectation announced during the company’s 2Q25 preliminary results. These record quarterly revenues mark a 41% y/y increase.This company is expected to post quarterly earnings of $0.04 ...