On Monday, International Business Machines Corp (NYSE: IBM) opened higher 1.97% from the last session, before settling in for the closing price of $255.70. Price fluctuations for IBM have ranged from $162.62 to $261.80 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -3.07%. Company’s average yearly earnings per share was noted 3.33% at the time writing. With a float of $923.71 million, this company’s outstanding shares have now reached $924.64 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 56.32%, operating margin of 14.09%, and the pretax margin is 9.24%.
International Business Machines Corp (IBM) Insider and Institutional Ownership
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 0.10%, while institutional ownership is 62.02%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.53% during the next five years compared to -9.45% 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 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.84. Likewise, its price to free cash flow for the trailing twelve months is 19.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.41, a number that is poised to hit 1.45 in the next quarter and is forecasted to reach 11.33 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 8.51 million was superior to 4.8 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 91.30%. Additionally, its Average True Range was 6.63.
During the past 100 days, International Business Machines Corp’s (IBM) raw stochastic average was set at 97.75%, which indicates a significant increase from 97.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.08% in the past 14 days, which was higher than the 28.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $226.86, while its 200-day Moving Average is $201.45. Now, the first resistance to watch is $264.58. This is followed by the second major resistance level at $268.43. The third major resistance level sits at $274.80. If the price goes on to break the first support level at $254.36, it is likely to go to the next support level at $247.99. The third support level lies at $244.14 if the price breaches the second support level.
International Business Machines Corp (NYSE: IBM) Key Stats
There are currently 924,645K shares outstanding in the company with a market cap of 241.08 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.
