Hot Stock to Watch: International Business Machines Corporation (NYSE:IBM)

International Business Machines Corporation (NYSE:IBM)

Argus Downgrades International Business Machines Corporation (NYSE:IBM)’s stock to Hold with no specific Price Target. This rating was issued on 10/18/18. The stock recently closed its previous session at $129.1 by showing a percentage change of -1.11% from its previous day closing price of $130.55.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on International Business Machines Corporation (NYSE:IBM) in which Cantor Fitzgerald Maintains International Business Machines Corporation (NYSE:IBM) to Neutral by settling a price target of $140 on 10/17/18. BMO Capital Maintains the stock to Market Perform on 10/17/18 by stationing a price target of $164. Moffett Nathanson Initiates Coverage On the company’s stock to Sell on 10/04/18 with no specific Price Target. UBS Upgrades International Business Machines Corporation (NYSE:IBM) to Buy with a price target of $180.

International Business Machines Corporation (NYSE:IBM) currently has a consensus Price Target of $159.99. While some analysts have a High Price target for the stock of $200 and a Low Price Target of $125.

Several sell side analysts reviewed their recommendations on International Business Machines Corporation (NYSE:IBM) where 5 analyst have rated the stock as Strong Buy, 3 analysts said it’s a Buy, 14 rated the stock as Hold, 2 analysts reported Underperform and 1 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.44. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, International Business Machines Corporation (NYSE:IBM) reported its Actual EPS of $3.42/share. The analysts offering Earnings Estimates for the company were believing that International Business Machines Corporation (NYSE:IBM) could bring EPS of $3.4/share. The difference between Actual EPS and Estimated EPS was 0.02 Percent. Thus the company showed an Earnings Surprise of 0.6 Percent.

International Business Machines Corporation (NYSE:IBM) has a market capitalization of 117.84 Billion. The stock traded with the volume of 7.7 Million shares in the last trading session. The stock touched its high share price of $171.13 on 01/18/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/19/18 as $130.04. The company has a 1 Year high price target of $158.25. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -12%. The Moving Average SMA50 is -11.86% while SMA200 is -13.69%.

International Business Machines Corporation (NYSE:IBM) is currently showing its ROA (Return on Assets) of 4.6%. The Return on Investment (ROI) is at 17.4% while it’s Return on Equity (ROE) value stands at 30.8%. The stock currently shows its YTD (Year to Date) performance of -15.85 percent while its Weekly performance value is -8.34%. The Monthly and Yearly performances are -14.59 percent and -19.76 percent respectively. The Relative Volume value measured for International Business Machines Corporation (NYSE:IBM) is 1.59. The Average Volume (3 months) is 4.85 Million.

The stock currently has its Annual Dividend of $6.28 and an annual Dividend Yield of 4.86 Percent. IBM has P/E (Price to Earnings ttm) value of 10.54, Forward P/E of 9.27, P/C (Price to cash per share) of 10.18 and Price to Free Cash Flow (P/FCF) value of 13.56. The stock is showing its Operating Margin of 13.8 percent.

Company Profile:

IBM is an information technology (IT) company. The company operates in five segments: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. The Global Technology Services segment provides IT infrastructure services and business process services. The Global Business Services segment offers professional services and application management services. The Software segment consists primarily of middleware and operating systems software. The Systems and Technology segment provides computing power and storage solutions; and semiconductor technology products and packaging solutions. The Global Financing segment invests in financing assets, leverages with debt and manages the associated risks. IBM is headquartered in Armonk, New York.