Kyndryl Holdings, Inc. (KD) stock closed down 0.86%, outperformed S&P 500, positive.

From Nasdaq: 2024-12-30 18:15:21

Kyndryl Holdings, Inc. (KD) closed at $34.53, down 0.86% from the previous day. The stock outperformed the S&P 500, which fell by 1.07%. Over the past month, KD shares rose by 0.35%, surpassing the Business Services sector and the S&P 500.

Investors are eagerly awaiting Kyndryl Holdings, Inc.’s earnings release. Projected EPS is $0.41, a 920% increase from last year. Revenue is estimated at $3.82 billion, a 2.87% decrease from the same quarter in the previous year. Zacks Consensus Estimates forecast earnings of $1.22 per share and revenue of $15.26 billion for the fiscal year.

Kyndryl Holdings, Inc. holds a Zacks Rank of #3 (Hold). With a Forward P/E ratio of 28.64 and a PEG ratio of 5.73, the stock may be trading at a premium. The Technology Services industry has an average PEG ratio of 1.47 and is ranked 55 out of over 250 industries by Zacks Industry Rank.

Zacks is naming the top 10 stocks for 2025, with historical performance indicating substantial gains. Director of Research Sheraz Mian has selected these stocks, set to be revealed on January 2. Previous top picks saw a +2,112.6% increase from 2012 to November 2024, outperforming the S&P 500.



Read more at Nasdaq: Kyndryl Holdings, Inc. (KD) Stock Moves -0.86%: What You Should Know