News headlines about International Business Machines (NYSE:IBM) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. International Business Machines earned a news impact score of 0.20 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.7140235454628 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Bitcoin could see another big selloff but that's OK, says… (finance.yahoo.com)
- IBM Helps Accelerate AI with Fast New Data Platform, Elite Team (finance.yahoo.com)
- What Enabled Adobe’s Leadership in Enterprise Marketing Software? (finance.yahoo.com)
- Apple and Blockchain: Together at Last? (finance.yahoo.com)
- 3 Great High Dividend Yield Stocks That Could Help Raise Money for Retirement (finance.yahoo.com)
International Business Machines (NYSE IBM) traded up $0.65 during mid-day trading on Friday, reaching $160.26. The company had a trading volume of 9,262,456 shares, compared to its average volume of 5,849,031. International Business Machines has a fifty-two week low of $139.13 and a fifty-two week high of $176.79. The company has a current ratio of 1.33, a quick ratio of 1.29 and a debt-to-equity ratio of 2.25. The firm has a market cap of $148,390.00, a P/E ratio of 13.31, a P/E/G ratio of 2.31 and a beta of 0.94.
International Business Machines (NYSE:IBM) last posted its quarterly earnings results on Thursday, January 18th. The technology company reported $5.18 earnings per share for the quarter, topping analysts’ consensus estimates of $5.17 by $0.01. International Business Machines had a return on equity of 69.48% and a net margin of 7.27%. The business had revenue of $22.54 billion for the quarter, compared to the consensus estimate of $22.03 billion. During the same period in the prior year, the business earned $5.01 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. equities analysts predict that International Business Machines will post 13.83 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Saturday, March 10th. Investors of record on Friday, February 9th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend was Thursday, February 8th. International Business Machines’s dividend payout ratio (DPR) is currently 49.83%.
A number of equities research analysts have commented on the company. BMO Capital Markets reiterated a “hold” rating and issued a $175.00 price target on shares of International Business Machines in a research report on Friday, March 9th. Zacks Investment Research upgraded International Business Machines from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Royal Bank of Canada reiterated a “buy” rating and issued a $180.00 price target on shares of International Business Machines in a research report on Friday, January 19th. JPMorgan Chase & Co. set a $167.00 price target on International Business Machines and gave the company a “neutral” rating in a research report on Friday, January 19th. Finally, Goldman Sachs set a $170.00 price target on International Business Machines and gave the company a “neutral” rating in a research report on Friday, January 19th. Six investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $166.01.
In other news, insider Erich Clementi sold 13,000 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $154.66, for a total value of $2,010,580.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Diane J. Gherson sold 5,000 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $156.00, for a total value of $780,000.00. Following the completion of the sale, the insider now directly owns 20,581 shares of the company’s stock, valued at $3,210,636. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by corporate insiders.
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International Business Machines Company Profile
International Business Machines Corporation (IBM) is a technology company. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems.
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