Kyndryl (NYSE:KD) versus Canna-Global Acquisition (NASDAQ:CNGL) Financial Survey

Kyndryl (NYSE:KD) and Canna-Global Acquisition (NASDAQ:CNGL) are both business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, dividends, profitability, risk, earnings, analyst recommendations and institutional ownership.

Institutional and Insider Ownership

71.5% of Kyndryl shares are held by institutional investors. Comparatively, 19.6% of Canna-Global Acquisition shares are held by institutional investors. 0.7% of Kyndryl shares are held by company insiders. Comparatively, 72.1% of Canna-Global Acquisition shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Kyndryl and Canna-Global Acquisition, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kyndryl	0	0	3	0	3.00
Canna-Global Acquisition	0	0	0	0	N/A

Kyndryl currently has a consensus target price of $26.00, indicating a potential upside of 32.25%. Given Kyndryl’s higher probable upside, analysts clearly believe Kyndryl is more favorable than Canna-Global Acquisition.

Profitability

This table compares Kyndryl and Canna-Global Acquisition’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Kyndryl	-6.27%	-7.39%	-0.87%
Canna-Global Acquisition	N/A	N/A	N/A

Valuation and Earnings

This table compares Kyndryl and Canna-Global Acquisition’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kyndryl	$17.03 billion	0.27	-$1.38 billion	($4.53)	-4.34
Canna-Global Acquisition	N/A	N/A	N/A	N/A	N/A

Canna-Global Acquisition has lower revenue, but higher earnings than Kyndryl.

Risk & Volatility

Kyndryl has a beta of 1.55, suggesting that its stock price is 55% more volatile than the S&P 500. Comparatively, Canna-Global Acquisition has a beta of 0.01, suggesting that its stock price is 99% less volatile than the S&P 500.

Summary

Kyndryl beats Canna-Global Acquisition on 5 of the 9 factors compared between the two stocks.

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. It serves financial, communications, retail and travel, and automotive industries. The company was incorporated in 2020 and is headquartered in New York, New York.

About Canna-Global Acquisition

Canna-Global Acquisition Corp does not have significant operations. It intends to acquire and engage in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all the assets of, entering into contractual arrangements with, or in any other similar business combination with one or more businesses or entities. It focuses on identify and acquiring a business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.