International Business Machines Corp. [NYSE: IBM] loss -1.16% on the last trading session, reaching $210.43 price per share at the time.
If compared to the average trading volume of 3.82M shares, IBM reached a trading volume of 5224857 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about International Business Machines Corp. [IBM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IBM shares is $228.59 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IBM stock is a recommendation set at 2.55. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DZ Bank have made an estimate for International Business Machines Corp. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 02, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on June 24, 2024, representing the official price target for International Business Machines Corp. stock. Previously, the target price had yet another raise to $145, while Exane BNP Paribas analysts kept a Underperform rating on IBM stock. On January 19, 2024, analysts increased their price target for IBM shares from 165 to 200.
The Average True Range (ATR) for International Business Machines Corp. is set at 4.20, with the Price to Sales ratio for IBM stock in the period of the last 12 months amounting to 3.10. The Price to Book ratio for the last quarter was 8.07, with the Price to Cash per share for the same quarter was set at 14.89. Price to Free Cash Flow for IBM in the course of the last twelve months was 15.42 with Quick ratio for the last quarter at 0.98.
Trading performance analysis for IBM stock
International Business Machines Corp. [IBM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.40. With this latest performance, IBM shares dropped by -4.82% in over the last four-week period, additionally plugging by 26.61% over the last 6 months – not to mention a rise of 47.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IBM stock in for the last two-week period is set at 31.12, with the RSI for the last a single of trading hit 19.66, and the three-weeks RSI is set at 39.74 for International Business Machines Corp. [IBM]. The present Moving Average for the last 50 days of trading for this stock 216.11, while it was recorded at 217.83 for the last single week of trading, and 189.68 for the last 200 days.
International Business Machines Corp. [IBM]: A deeper dive into fundamental analysis
International Business Machines Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.98 and a Current Ratio set at 1.03.
International Business Machines Corp. [IBM]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, International Business Machines Corp. posted 3.54/share EPS, while the average EPS was predicted by analysts to be reported at 3.45/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IBM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for International Business Machines Corp. go to 5.00%.
An analysis of Institutional ownership at International Business Machines Corp. [IBM]
There are presently around $61.42%, or 61.49%% of IBM stock, in the hands of institutional investors. The top three institutional holders of IBM stocks are: VANGUARD GROUP INC with ownership of 89.13 million shares, which is approximately 9.7181%. BLACKROCK INC., holding 75.37 million shares of the stock with an approximate value of $$13.04 billion in IBM stocks shares; and BLACKROCK INC., currently with $$9.42 billion in IBM stock with ownership which is approximately 5.9388%.
