Kyndryl (KD) Expected to Announce Quarterly Earnings on Monday

Kyndryl (NYSE:KD) is expected to release its earnings data after the market closes on Monday, February 3rd. Analysts expect Kyndryl to post earnings of $0.41 per share and revenue of $3,821,848.00 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Kyndryl Price Performance

Shares of KD stock opened at $39.35 on Monday. The firm’s 50 day moving average price is $35.40 and its two-hundred day moving average price is $28.27. The company has a debt-to-equity ratio of 2.65, a quick ratio of 1.03 and a current ratio of 1.03. Kyndryl has a 52-week low of $19.24 and a 52-week high of $39.54. The stock has a market cap of $9.14 billion, a PE ratio of -100.88, a PEG ratio of 10.59 and a beta of 1.85.

Analyst Ratings Changes

KD has been the topic of a number of recent analyst reports. Bank of America initiated coverage on shares of Kyndryl in a research report on Friday, November 22nd. They set 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 company an “outperform” rating in a research note on Friday, November 22nd. Finally, Susquehanna raised their price target on Kyndryl from $33.00 to $40.00 and gave the stock a “positive” rating in a research report on Friday, November 22nd.

About Kyndryl

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.