On Friday, International Business Machines Corp (NYSE: IBM) was -0.62% drop from the session before settling in for the closing price of $232.26. A 52-week range for IBM has been $157.88 – $239.35.
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A company in the Technology sector has dropped its sales by -3.97% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 6.13%. With a float of $923.77 million, this company’s outstanding shares have now reached $924.65 million.
In an organization with 305300 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward International Business Machines Corp stocks. 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 6.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.40% 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
You can see what International Business Machines Corp (IBM) is doing with its current performance indicators. In the most recent 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 3.39. Likewise, its price to free cash flow for the trailing twelve months is 16.92.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 4.18 million. That was inferior than the volume of 4.23 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.27%. Additionally, its Average True Range was 4.49.
During the past 100 days, International Business Machines Corp’s (IBM) raw stochastic average was set at 85.18%, which indicates a significant increase from 48.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.67% in the past 14 days, which was lower than the 22.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $222.63, while its 200-day Moving Average is $195.71. However, in the short run, International Business Machines Corp’s stock first resistance to watch stands at $232.98. Second resistance stands at $235.13. The third major resistance level sits at $236.49. If the price goes on to break the first support level at $229.46, it is likely to go to the next support level at $228.10. Assuming the price breaks the second support level, the third support level stands at $225.95.
International Business Machines Corp (NYSE: IBM) Key Stats
There are 924,645K outstanding shares of the company, which has a market capitalization of 212.10 billion. As of now, sales total 61,860 M while income totals 7,502 M. Its latest quarter income was 14,968 M while its last quarter net income were -330,000 K.
