Kyndryl Holdings, Inc. (KD) closed at $27.63, up +1.28% from the previous session, outperforming the S&P 500. The company gained 6.9% in the past month, with upcoming earnings on July 31, 2024. Analysts project revenue of $3.78 billion, a 9.86% decline year-over-year. KD currently holds a Zacks Rank of #2 (Buy).

Investors are advised to monitor Kyndryl Holdings, Inc.’s performance closely. Analysts anticipate earnings of $1.38 per share and revenue of $15.38 billion annually, with a +1354.55% and -4.21% change, respectively, from last year. Positive estimate revisions can signal optimism about the company’s future prospects and stock performance.

Kyndryl Holdings, Inc. has a Forward P/E ratio of 19.8, below the industry average of 23.07. With a PEG ratio of 3.96, KD’s expected earnings growth rate is considered against its valuation. The Technology Services industry ranks in the bottom 43% of all industries, with a Zacks Industry Rank of 144. The top 50% of industries outperform the bottom half by 2 to 1.

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Read more at Nasdaq: Why Kyndryl Holdings, Inc. (KD) Outpaced the Stock Market Today