International Business Machines Corp (NYSE: IBM) on Monday, plunged -0.64% from the previous trading day, before settling in for the closing price of $223.36. Within the past 52 weeks, IBM’s price has moved between $157.88 and $239.35.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -3.97%. The company achieved an average annual earnings per share of 6.08%. With a float of $923.77 million, this company’s outstanding shares have now reached $924.65 million.
The extent of productivity of a business whose workforce counts for 305300 workers is very important to gauge. 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
Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of International Business Machines Corp is 0.09%, while institutional ownership is 62.10%. 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 6.08% 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
International Business Machines Corp (IBM) is currently performing well based on its current performance indicators. A quick ratio of 0.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28. Likewise, its price to free cash flow for the trailing twelve months is 16.37.
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)
The latest stats from [International Business Machines Corp, IBM] show that its last 5-days average volume of 5.53 million was superior to 4.25 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 19.01%. Additionally, its Average True Range was 4.69.
During the past 100 days, International Business Machines Corp’s (IBM) raw stochastic average was set at 69.73%, which indicates a significant increase from 9.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.29% in the past 14 days, which was higher than the 22.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $221.94, while its 200-day Moving Average is $196.64. Now, the first resistance to watch is $223.42. This is followed by the second major resistance level at $224.91. The third major resistance level sits at $226.08. If the price goes on to break the first support level at $220.76, it is likely to go to the next support level at $219.59. Assuming the price breaks the second support level, the third support level stands at $218.10.
International Business Machines Corp (NYSE: IBM) Key Stats
Market capitalization of the company is 205.21 billion based on 924,645K outstanding shares. Right now, sales total 61,860 M and income totals 7,502 M. The company made 14,968 M in profit during its latest quarter, and -330,000 K in sales during its previous quarter.
