36.92% percent quarterly performance for Kyndryl Holdings Inc (KD) is not indicative of the underlying story

Kyndryl Holdings Inc (NYSE: KD) on Friday, plunged -3.32% from the previous trading day, before settling in for the closing price of $39.74. Within the past 52 weeks, KD’s price has moved between $19.24 and $43.61.

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During the last 5-year period, the sales drop of Technology Sector giant was -5.66%. The company achieved an average annual earnings per share of 1215.45%. With a float of $228.60 million, this company’s outstanding shares have now reached $231.80 million.

Let’s determine the extent of company efficiency that accounts for 80000 employees. In terms of profitability, gross margin is 20.08%, operating margin of 2.1%, and the pretax margin is 2.08%.

Kyndryl Holdings Inc (KD) Insider Activity

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of Kyndryl Holdings Inc is 1.58%, while institutional ownership is 77.66%. The most recent insider transaction that took place on Feb 06 ’25, was worth 2,374,491. In this transaction SVP & Global Controller of this company sold 55,465 shares at a rate of $42.81, taking the stock ownership to the 43,877 shares. Before that another transaction happened on Feb 06 ’25, when Company’s General Counsel and Secretary sold 27,500 for $42.83, making the entire transaction worth $1,177,782. This insider now owns 132,818 shares in total.

Kyndryl Holdings Inc (KD) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 1215.45% per share during the next fiscal year.

Kyndryl Holdings Inc (NYSE: KD) Trading Performance Indicators

Kyndryl Holdings Inc (KD) is currently performing well based on its current performance indicators. A quick ratio of 0.87 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.56, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 2.06 in one year’s time.

Technical Analysis of Kyndryl Holdings Inc (KD)

Looking closely at Kyndryl Holdings Inc (NYSE: KD), its last 5-days average volume was 1.71 million, which is a drop from its year-to-date volume of 2.4 million. As of the previous 9 days, the stock’s Stochastic %D was 21.19%. Additionally, its Average True Range was 1.48.

During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 75.69%, which indicates a significant increase from 26.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.98% in the past 14 days, which was higher than the 42.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.83, while its 200-day Moving Average is $28.76. However, in the short run, Kyndryl Holdings Inc’s stock first resistance to watch stands at $39.58. Second resistance stands at $40.73. The third major resistance level sits at $41.42. If the price goes on to break the first support level at $37.74, it is likely to go to the next support level at $37.05. Should the price break the second support level, the third support level stands at $35.90.

Kyndryl Holdings Inc (NYSE: KD) Key Stats

Market capitalization of the company is 8.94 billion based on 232,694K outstanding shares. Right now, sales total 16,052 M and income totals -340,000 K. The company made 3,744 M in profit during its latest quarter, and 215,000 K in sales during its previous quarter.