International Business Machines Corp. (IBM) with a beta value of 0.75 appears to be a promising investment opportunity.

A new trading day began on November 20, 2023, with International Business Machines Corp. (NYSE: IBM) stock priced at $152.51, up 0.95% from the previous day of trading. During the day, the shares moved up to $154.68 and dropped to $152.35 before settling in for the closing price of $152.89. IBM’s price has ranged from $120.55 to $153.50 over the past 52 weeks.

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During the last 5-year period, the sales drop of Technology Sector giant was -4.30%. Meanwhile, its annual earnings per share averaged 4.32%. With a float of $912.38 million, this company’s outstanding shares have now reached $913.12 million.

Let’s determine the extent of company efficiency that accounts for 311300 employees. In terms of profitability, gross margin is +51.71, operating margin of +12.83, and the pretax margin is +1.94.

International Business Machines Corp. (IBM) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of International Business Machines Corp. is 0.08%, while institutional ownership is 59.01%. The most recent insider transaction that took place on Feb 01, was worth 5,151,038. In this transaction Sr. VP and CFO of this company sold 38,519 shares at a rate of $133.73, taking the stock ownership to the 74,467 shares. Before that another transaction happened on Nov 22, when Company’s VP, Controller sold 3,000 for $148.36, making the entire transaction worth $445,088. This insider now owns 14,553 shares in total.

International Business Machines Corp. (IBM) Recent Fiscal highlights

In its latest quarterly report, released on 9/29/2023, the company reported earnings of $2.01 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +2.95 while generating a return on equity of 8.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.80% during the next five years compared to -21.78% drop over the previous five years of trading.

International Business Machines Corp. (NYSE: IBM) Trading Performance Indicators

Here are International Business Machines Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.30. Likewise, its price to free cash flow for the trailing twelve months is 11.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.54, a number that is poised to hit 3.77 in the next quarter and is forecasted to reach 9.97 in one year’s time.

Technical Analysis of International Business Machines Corp. (IBM)

Looking closely at International Business Machines Corp. (NYSE: IBM), its last 5-days average volume was 4.11 million, which is a drop from its year-to-date volume of 4.49 million. As of the previous 9 days, the stock’s Stochastic %D was 95.16%. Additionally, its Average True Range was 2.12.

During the past 100 days, International Business Machines Corp.’s (IBM) raw stochastic average was set at 98.57%, which indicates a significant increase from 96.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.42% in the past 14 days, which was lower than the 15.72% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $144.45, while its 200-day Moving Average is $136.06. However, in the short run, International Business Machines Corp.’s stock first resistance to watch stands at $155.24. Second resistance stands at $156.12. The third major resistance level sits at $157.57. If the price goes on to break the first support level at $152.91, it is likely to go to the next support level at $151.46. Now, if the price goes above the second support level, the third support stands at $150.58.

International Business Machines Corp. (NYSE: IBM) Key Stats

With a market capitalization of 140.94 billion, the company has a total of 913,119K Shares Outstanding. Currently, annual sales are 60,530 M while annual income is 1,640 M. The company’s previous quarter sales were 14,752 M while its latest quarter income was 1,704 M.


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