In the latest close session, Kyndryl Holdings, Inc. (KD) was down 5.76% at $11.61. The stock fell short of the S&P 500, which registered a gain of 0.38% for the day. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq gained 0.9%.
The company's shares have seen an increase of 6.48% over the last month, surpassing the Business Services sector's gain of 3.64% and the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Kyndryl Holdings, Inc. in its upcoming release. The company plans to announce its earnings on August 5, 2026. The company is expected to report EPS of $0.03, down 91.89% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $3.68 billion, indicating a 1.74% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.9 per share and revenue of $14.76 billion, which would represent changes of +30.14% and -2.19%, respectively, from the prior year.
Any recent changes to analyst estimates for Kyndryl Holdings, Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Kyndryl Holdings, Inc. presently features a Zacks Rank of #3 (Hold).
Digging into valuation, Kyndryl Holdings, Inc. currently has a Forward P/E ratio of 6.48. Its industry sports an average Forward P/E of 16.85, so one might conclude that Kyndryl Holdings, Inc. is trading at a discount comparatively.
The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 105, which puts it in the top 43% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow KD in the coming trading sessions, be sure to utilize Zacks.com.
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Kyndryl Holdings, Inc. (KD): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).