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International Business Machines (IBM)
NYSE:IBM
RESEARCH TOOLSreports
International Business Machines (IBM) Stock Price & Analysis
16,316 Followers
IBM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$116.78 - $199.18
Previous Close$165.71
Volume3.40M
Average Volume (3M)4.60M
Market Cap
$152.22B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)18.8
Beta0.65
Next Earnings
Jul 24, 2024EPS Estimate
$2.21Next Dividend Ex-Date
May 09, 2024Dividend Yield4.03%
Share Statistics
EPS (TTM)8.83
Shares Outstanding918,602,666
10 Day Avg. Volume6,486,388
30 Day Avg. Volume4,596,591
Standard Deviation0.07
R-Squared0.33
Alpha0.00225
Financial Highlights & Ratios
Price to Book (P/B)-3.22
Price to Sales (P/S)10.53
Price to Cash Flow (P/CF)9.10
P/FCF Ratio8.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$182.31Price Target Upside10.02% Upside
Rating ConsensusHold
Number of Analyst Covering13
International Business Machines News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst maintains a BUY rating with a price objective of $209, highlighting IBM's defensive portfolio, attractive dividend yield, and underappreciated AI portfolio.
Growth DriversSolid growth is expected in Software and Infrastructure, with Red Hat revenues growing and IBM Z performing ahead of prior cycles.
Strategic AcquisitionsIBM's acquisition of HashiCorp aligns with its focus on hybrid cloud and AI, potentially strengthening its cloud capabilities through synergies.
Bears Say
Consulting Sector WeaknessIBM shares declined partly due to weakness in Consulting, which was offset by stronger performance in Software and Infrastructure.
Economic Downturn ImpactThe current setup for the stock presents challenges due to the possibility of a global economic downturn impacting IT spending adversely.
Foreign Exchange HeadwindsAnalysts express caution ahead of IBM's first quarter earnings due to foreign exchange headwinds and consulting risks.
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Ownership Overview
0.39% Insiders
14.84% Mutual Funds
24.54% Other Institutional Investors
60.23% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IBM FAQ
What was International Business Machines’s price range in the past 12 months?
International Business Machines lowest stock price was $116.78 and its highest was $199.18 in the past 12 months.
What is International Business Machines’s market cap?
Currently, no data Available
When is International Business Machines’s upcoming earnings report date?
International Business Machines’s upcoming earnings report date is Jul 24, 2024 which is in 80 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Apr 24, 2024. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.595 by $0.085.
Is International Business Machines overvalued?
According to Wall Street analysts International Business Machines’s price is currently Undervalued.
Does International Business Machines pay dividends?
International Business Machines pays a Quarterly dividend of $1.67 which represents an annual dividend yield of 4.03%. See more information on International Business Machines dividends here
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is $2.21.
How many shares outstanding does International Business Machines have?
International Business Machines has 918,602,660 shares outstanding.
What happened to International Business Machines’s price movement after its last earnings report?
International Business Machines reported an EPS of $1.68 in its last earnings report, beating expectations of $1.595. Following the earnings report the stock price went down -8.251%.
Which hedge fund is a major shareholder of International Business Machines?
Among the largest hedge funds holding International Business Machines’s share is Slate Path Capital LP. It holds International Business Machines’s shares valued at 110M.
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International Business Machines Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$182.31 (10.02% Upside)
$182.31 (10.02% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 84%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 623.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 13.5%
Last 30 Days ▲ 13.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.45%
12-Months-Change
Fundamentals
Return on Equity
36.35%
Trailing 12-Months
Asset Growth
2.64%
Trailing 12-Months
Company Description
International Business Machines
Founded in 1911, New York-based International Business Machines Corp. is an information technology and consulting company, which provides integrated solutions and services worldwide. It operates through the following segments: Cloud & Cognitive Software, Global Business Services, Global Technology Services, Systems, and Global Financing.
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IBM Company Deck
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IBM Earnings Call
Q1 2024
0:00 / 0:00
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IBM Revenue Breakdown
30.22% Hybrid Platform & Solutions
14.90% Hybrid Infrastructure
14.84% Business Transformation
12.31% Transaction Processing
27.74% Other
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IBM Stock 12 Months Forecast
Average Price Target
$182.31
▲(10.02% Upside)
Technical Analysis
Best Analysts Covering IBM
1 Year
1 Year Success Rate
18/33 ratings generated profit
1 Year Average Return
+4.12%
reiterated a buy rating 11 days ago
Copying Wamsi Mohan's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +4.12% per trade.
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