Kyndryl (KD) Expected to Announce Earnings on Monday

Kyndryl (NYSE:KD) is expected to be posting its quarterly earnings results after the market closes on Monday, February 3rd. Analysts expect Kyndryl to post earnings of $0.41 per share and revenue of $3.81 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Kyndryl Stock Performance

NYSE KD opened at $37.92 on Friday. Kyndryl has a twelve month low of $19.24 and a twelve month high of $39.54. The stock has a market cap of $8.81 billion, a P/E ratio of -97.22, a PEG ratio of 10.44 and a beta of 1.85. The company’s 50-day simple moving average is $36.20 and its 200 day simple moving average is $28.65. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.65.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Bank of America initiated coverage on Kyndryl in a research report on Friday, November 22nd. They issued a “buy” rating and a $40.00 price target on the stock. Oppenheimer boosted their target price on Kyndryl from $33.00 to $37.00 and gave the stock an “outperform” rating in a research report on Friday, November 22nd. Finally, Susquehanna lifted their target price on shares of Kyndryl from $33.00 to $40.00 and gave the stock a “positive” rating in a report on Friday, November 22nd.

Kyndryl Company Profile

Kyndryl Holdings, Inc operates as a technology services company and IT infrastructure services provider worldwide. The company offers cloud services; core enterprise and zCloud services; application, data, and artificial intelligence services; digital workplace services; security and resiliency services; and network services and edge services.