From NASDAQ: 2024-09-17 18:15:21

Kyndryl Holdings, Inc. (KD) closed at $22.98, down -0.65% from the previous day, underperforming the S&P 500, which gained 0.03%. Shares have fallen by 1.74% over the past month, compared to a 4.61% gain in the Business Services sector and a 1.54% gain in the S&P 500.

Investors focus on Kyndryl Holdings, Inc.’s upcoming earnings release where they are expected to report $0.09 per share, a 280% increase YoY. Revenue is estimated at $3.7 billion, a 9.14% decrease from the same quarter last year. Full-year estimates project earnings of $1.27 per share and revenue of $15.28 billion.

Kyndryl Holdings, Inc. is currently trading at a Forward P/E ratio of 18.26, lower than the industry average of 23.85. The PEG ratio stands at 3.65, with Technology Services stocks at an average of 1.58. The Technology Services industry ranks 60 out of 250+ industries, in the top 24%.

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Read more at NASDAQ: Kyndryl Holdings, Inc. (KD) Stock Slides as Market Rises: Facts to Know Before You Trade