The ratio is negative, as 70 funds sold all International Business Machines Corp. shares owned while 663 reduced positions. Analysts had expected International Business Machines Corp.
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Present Consensus Recommendation for INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM): Box (BOX) and IBM (IBM), announced Box Relay, a new workflow solution that will be available natively in Box. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold.
The stock of International Business Machines (NYSE:IBM) registered an increase of 1.12% in short interest. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. Finally, GWM Advisors LLC purchased a new position in shares of International Business Machines Corp. during the second quarter worth approximately $309,000.
Investors evaluating IBM stock at the current market price of $154.05/share should know the company will next release quarterly results for the September 2016 quarter.
International Business Machines Corp. has a 52 week low of $116.90 and a 52 week high of $164.95. (NYSE:IBM) recently. The rating firm gave a Overweight rating to this stock in a research note on Feb 18, 2016. The stock has a market cap of $148.82 billion, a price-to-earnings ratio of 12.66 and a beta of 0.77. Analysts, on average, forecast International Business Machines Corporation to earn $4.95 per share (EPS) on revenue of $19B. International Business Machines Corp. Compagnie Odier SCA increased its position in shares of International Business Machines Corp.by 6.6% in the fourth quarter. (NYSE:IBM) last posted its quarterly earnings data on Monday, July 18th. (NYSE:IBM) to report earnings of about $0.71 per share on $3,403.55M in revenue. Revenues hit $20.24B in the June 2016 quarter, which was above the consensus $20.02B projection. The business’s quarterly revenue was down 2.8% compared to the same quarter previous year. EBITDA measured 3.07B for the past year. International Business Machines Corporation has an EPS ratio of 12.30. Stockholders of record on Wednesday, August 10th will be issued a $1.40 dividend. That would represent a -3.29 per cent year-over-year decrease.
A number of other analysts also recently commented on the stock.
International Business Machines Corp. had a net margin of 14.86% and a return on equity of 88.92%.
08/15/2016 – International Business Machines Corporation had its “buy” rating reiterated by analysts at Drexel Hamilton.
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07/19/2016 – International Business Machines Corporation had its “hold” rating reiterated by analysts at RBC Capital. Five analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the company’s stock. They now have a $162.00 target price on the technology company’s stock. A company that consistently beats on expectations tends to see stock price increases over time. The company’s stock had a trading volume of 4,324,250 shares. $15.82 million worth of transactions were on upticks. The shares were sold at an average price of $162.25, for a total value of $2,548,623.00. Following the completion of the transaction, the insider now directly owns 35,861 shares in the company, valued at $5,707,636.76.
