Let’s look at the key reasons that are pushing International Business Machines Corp (IBM) to new highs

International Business Machines Corp (NYSE: IBM) kicked off on Friday, up 0.23% from the previous trading day, before settling in for the closing price of $243.32. Over the past 52 weeks, IBM has traded in a range of $162.62-$266.45.

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During the last 5-year period, the sales drop of Technology Sector giant was -3.07%. While this was happening, its average annual earnings per share was recorded 3.71%. With a float of $926.38 million, this company’s outstanding shares have now reached $927.26 million.

Let’s determine the extent of company efficiency that accounts for 293400 employees. In terms of profitability, gross margin is 56.65%, operating margin of 5.64%, and the pretax margin is 9.24%.

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

Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of International Business Machines Corp is 0.09%, while institutional ownership is 63.39%. The most recent insider transaction that took place on Mar 03 ’25, was worth 6,715,639. In this transaction Senior Vice President of this company sold 26,543 shares at a rate of $253.01, taking the stock ownership to the 45,007 shares. Before that another transaction happened on Mar 03 ’25, when Company’s Officer proposed sale 26,543 for $253.01, making the entire transaction worth $6,715,639.

International Business Machines Corp (IBM) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 3.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.30% during the next five years compared to -9.46% drop over the previous five years of trading.

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

Take a look at International Business Machines Corp’s (IBM) current performance indicators. Last quarter, stock had a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.60. Likewise, its price to free cash flow for the trailing twelve months is 18.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.42, a number that is poised to hit 1.42 in the next quarter and is forecasted to reach 11.43 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 5.57 million, which is a jump from its year-to-date volume of 4.86 million. As of the previous 9 days, the stock’s Stochastic %D was 32.61%. Additionally, its Average True Range was 7.66.

During the past 100 days, International Business Machines Corp’s (IBM) raw stochastic average was set at 64.12%, which indicates a significant increase from 22.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.88% in the past 14 days, which was higher than the 30.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $245.99, while its 200-day Moving Average is $215.30. However, in the short run, International Business Machines Corp’s stock first resistance to watch stands at $246.55. Second resistance stands at $249.23. The third major resistance level sits at $253.26. If the price goes on to break the first support level at $239.85, it is likely to go to the next support level at $235.82. Now, if the price goes above the second support level, the third support stands at $233.14.

International Business Machines Corp (NYSE: IBM) Key Stats

The company with the Market Capitalisation of 226.13 billion has total of 927,264K Shares Outstanding. Its annual sales at the moment are 62,753 M in contrast with the sum of 6,023 M annual income. Company’s last quarter sales were recorded 17,553 M and last quarter income was 2,914 M.