On Friday, International Business Machines Corp (NYSE: IBM) opened higher 0.22% from the last session, before settling in for the closing price of $226.92. Price fluctuations for IBM have ranged from $154.86 to $237.37 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -3.97% over the past five years. Company’s average yearly earnings per share was noted 6.12% at the time writing. With a float of $923.77 million, this company’s outstanding shares have now reached $924.64 million.
Let’s look at the performance matrix of the company that is accounted for 305300 employees. In terms of profitability, gross margin is 56.2%, operating margin of 14.7%, and the pretax margin is 9.99%.
International Business Machines Corp (IBM) Insider Updates
A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of International Business Machines Corp is 0.09%, while institutional ownership is 62.11%. The most recent insider transaction that took place on Nov 13 ’24, was worth 197,139. In this transaction Director of this company bought 936 shares at a rate of $210.62, taking the stock ownership to the 936 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Senior Vice President sold 3,600 for $215.20, making the entire transaction worth $774,727. This insider now owns 25,390 shares in total.
International Business Machines Corp (IBM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 6.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -3.09% drop over the previous five years of trading.
International Business Machines Corp (NYSE: IBM) Trading Performance Indicators
Check out the current performance indicators for International Business Machines Corp (IBM). In the past quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37. Likewise, its price to free cash flow for the trailing twelve months is 16.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.87, a number that is poised to hit 3.80 in the next quarter and is forecasted to reach 10.73 in one year’s time.
Technical Analysis of International Business Machines Corp (IBM)
International Business Machines Corp (NYSE: IBM) saw its 5-day average volume 4.52 million, a positive change from its year-to-date volume of 4.24 million. As of the previous 9 days, the stock’s Stochastic %D was 90.04%. Additionally, its Average True Range was 4.34.
During the past 100 days, International Business Machines Corp’s (IBM) raw stochastic average was set at 83.60%, which indicates a significant decrease from 88.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.24% in the past 14 days, which was higher than the 21.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $220.43, while its 200-day Moving Average is $193.36. Nevertheless, the first resistance level for the watch stands at $229.45 in the near term. At $231.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $232.62. If the price goes on to break the first support level at $226.28, it is likely to go to the next support level at $225.15. Assuming the price breaks the second support level, the third support level stands at $223.11.
International Business Machines Corp (NYSE: IBM) Key Stats
There are currently 924,645K shares outstanding in the company with a market cap of 210.73 billion. Presently, the company’s annual sales total 61,860 M according to its annual income of 7,502 M. Last quarter, the company’s sales amounted to 14,968 M and its income totaled -330,000 K.
