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International Business Machines (IBM)
NYSE:IBM
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IBM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$153.92 - $237.37
Previous Close$222.4
Volume5.30M
Average Volume (3M)4.09M
Market Cap
$205.64B
Enterprise Value$252.15B
Total Cash (Recent Filing)$13.70B
Total Debt (Recent Filing)$60.13B
Price to Earnings (P/E)32.4
Beta0.64
Next Earnings
Jan 28, 2025EPS Estimate
$3.8Last Dividend Ex-Date
Nov 12, 2024Dividend Yield3.1%
Share Statistics
EPS (TTM)6.87
Shares Outstanding924,645,152
10 Day Avg. Volume3,709,886
30 Day Avg. Volume4,088,269
Standard Deviation0.07
R-Squared0.30
Alpha0.00573
Financial Highlights & Ratios
Price to Book (P/B)8.12
Price to Sales (P/S)3.11
Price to Cash Flow (P/CF)16.90
P/FCF Ratio16.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.03
Enterprise Value/Gross Profit7.35
Enterprise Value/Ebitda20.47
Forecast
1Y Price Target
$229.75Price Target Upside3.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
International Business Machines News
Bulls Say, Bears Say
Bulls Say
Financial Performance And Margin ExpansionIBM highlighted that it now expects its FY24 PTI margins to improve by 100 basis points year-over-year, up from 50 basis points at the beginning of the year, indicating strong financial performance.
Generative AI And Strategic PartnershipsIBM's AI book of business expanded to over $3 billion, supported by strategic digital transformation deals and positioning the company as a trusted advisor for customers starting their AI journey.
Software Revenue GrowthIBM raised its expectations of Software revenue growth in FY24F to high-single digits due to early traction in GenAI and strength in the recurring revenue base, which is above consensus expectations.
Bears Say
Consulting Segment PerformanceIBM Consulting continues to miss expectations with growth declining in constant currency this quarter.
IT Spending And Economic RisksThe current setup for the stock presents challenges due to the possibility of a global economic downturn impacting IT spending adversely.
Valuation ConcernsFollowing a huge run in the stock, and significant multiple expansion, the risk-reward is seen as modestly negative at current levels.
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Ownership Overview
0.08% Insiders
15.09% Mutual Funds
8.86% Other Institutional Investors
53.14% 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 $153.92 and its highest was $237.37 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 Jan 28, 2025 which is in 66 days.
How were International Business Machines’s earnings last quarter?
International Business Machines released its earnings results on Oct 23, 2024. The company reported $2.3 earnings per share for the quarter, beating the consensus estimate of $2.225 by $0.075.
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 3.1%. See more information on International Business Machines dividends here
What is International Business Machines’s EPS estimate?
International Business Machines’s EPS estimate is $3.8.
How many shares outstanding does International Business Machines have?
International Business Machines has 924,645,140 shares outstanding.
What happened to International Business Machines’s price movement after its last earnings report?
International Business Machines reported an EPS of $2.3 in its last earnings report, beating expectations of $2.225. Following the earnings report the stock price went down -6.171%.
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 99M.
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International Business Machines Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$229.75 (3.04% Upside)
$229.75 (3.04% Upside)
Blogger Sentiment
Bullish
IBM Sentiment 84%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 99.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $577.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 4.7%
Last 30 Days ▲ 4.7%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.72%
12-Months-Change
Fundamentals
Return on Equity
26.82%
Trailing 12-Months
Asset Growth
3.88%
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
Q3 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
$229.75
▲(3.04% Upside)
Technical Analysis
Best Analysts Covering IBM
1 Year
1 Year Success Rate
23/36 ratings generated profit
1 Year Average Return
+11.23%
assigned a buy rating last month
Copying Wamsi Mohan's trades and holding each position for 1 Year would result in 63.89% of your transactions generating a profit, with an average return of +11.23% per trade.
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