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International Business Machines (IBM)
NYSE:IBM
RESEARCH TOOLSreports
International Business Machines (IBM) Stock Price & Analysis
16,982 Followers
IBM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$131.82 - $197.22
Previous Close$183.25
Volume3.82M
Average Volume (3M)3.98M
Market Cap
$168.33B
Enterprise Value$212.16B
Total Cash (Recent Filing)$19.11B
Total Debt (Recent Filing)$62.87B
Price to Earnings (P/E)20.7
Beta0.61
Next Earnings
Jul 24, 2024EPS Estimate
$2.18Last Dividend Ex-Date
May 09, 2024Dividend Yield3.63%
Share Statistics
EPS (TTM)8.83
Shares Outstanding918,602,666
10 Day Avg. Volume4,109,377
30 Day Avg. Volume3,980,175
Standard Deviation0.07
R-Squared0.31
Alpha0.00275
Financial Highlights & Ratios
Price to Book (P/B)-3.37
Price to Sales (P/S)2.56
Price to Cash Flow (P/CF)9.50
P/FCF Ratio9.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.90
Enterprise Value/Gross Profit6.19
Enterprise Value/Ebitda20.10
Forecast
1Y Price Target
$183.87Price Target Upside0.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
International Business Machines News
Bulls Say, Bears Say
Bulls Say
Artificial IntelligenceIBM's Watsonx will serve as a crucial support system for customers' AI initiatives.
Financial PerformanceTurnaround at IBM continues with revenue growth and free cash flow improvement.
Revenue GrowthIBM is well-positioned to sustain mid-single digit sales growth driven by a combination of secular growth in consulting, improved execution, and price increase benefits on software side.
Bears Say
Consulting SegmentIBM's consulting segment is exposed to heightened risk due to a deceleration in IT spending.
Economic DownturnThe current setup for the stock presents challenges due to the possibility of a global economic downturn impacting IT spending adversely.
Financial PerformanceInvestors generally felt IBM's Q1 results were disappointing, helping to drive an 8.5% pull-back since earnings.
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Ownership Overview
0.39% Insiders
15.74% Mutual Funds
23.45% Other Institutional Investors
60.42% 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 $131.82 and its highest was $197.22 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 2 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 3.63%. See more information on International Business Machines dividends here
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is $2.18.
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 Chilton Investment Co LLC. It holds International Business Machines’s shares valued at 85M.
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International Business Machines Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$183.87 (0.34% Upside)
$183.87 (0.34% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 86%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 680.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 7.6%
Last 30 Days ▲ 7.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.01%
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 Month Forecast
Average Price Target
$183.87
▲(0.34% Upside)
Technical Analysis
Best Analysts Covering IBM
1 Year
1 Year Success Rate
21/35 ratings generated profit
1 Year Average Return
+6.93%
assigned a buy rating 6 days ago
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