International Business Machines Corporation (IBM)
- Previous Close
181.47 - Open
182.43 - Bid --
- Ask --
- Day's Range
180.71 - 182.79 - 52 Week Range
120.55 - 199.18 - Volume
1,445,926 - Avg. Volume
4,959,001 - Market Cap (intraday)
166.38B - Beta (5Y Monthly) 0.71
- PE Ratio (TTM)
22.27 - EPS (TTM)
8.15 - Earnings Date Apr 24, 2024
- Forward Dividend & Yield 6.64 (3.66%)
- Ex-Dividend Date Feb 8, 2024
- 1y Target Est
188.24
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
www.ibm.com282,200
Full Time Employees
December 31
Fiscal Year Ends
Sector
Information Technology Services
Industry
Recent News: IBM
Performance Overview: IBM
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: IBM
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: IBM
Valuation Measures
Market Cap
166.36B
Enterprise Value
212.86B
Trailing P/E
22.27
Forward P/E
18.02
PEG Ratio (5yr expected)
4.18
Price/Sales (ttm)
2.70
Price/Book (mrq)
7.38
Enterprise Value/Revenue
3.44
Enterprise Value/EBITDA
14.49
Financial Highlights
Profitability and Income Statement
Profit Margin
12.13%
Return on Assets (ttm)
4.71%
Return on Equity (ttm)
33.67%
Revenue (ttm)
61.86B
Net Income Avi to Common (ttm)
7.51B
Diluted EPS (ttm)
8.15
Balance Sheet and Cash Flow
Total Cash (mrq)
13.44B
Total Debt/Equity (mrq)
265.05%
Levered Free Cash Flow (ttm)
10.82B
Research Analysis: IBM
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: IBM
Analyst Report: International Business Machines Corporation
IBM looks to be a part of every aspect of an enterprise’s IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM’s outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
RatingBearishPrice TargetTechnical Assessment: Neutral in the Intermediate-Term
The Federal Open Market Committee meets today and will release their interest-rate decision on Wednesday. That will be followed by Fed Chairman Powell's press conference, always a "can't miss" event for everyone involved in the financial markets. According to the CME FedWatch Tool, the highest probability (subject to massive change) for the first 25-basis-point fed funds cut is at the June 12 meeting -- but that is not a slam-dunk event. By the last meeting of 2024 on December 18, the most-likely scenario for the fed funds rate currently is sitting at three 25-basis-point cuts.
Analyst Report: International Business Machines Corporation
IBM looks to be a part of every aspect of an enterprise’s IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM’s outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
RatingBearishPrice TargetThe Argus High-Yield Model Portfolio
Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. But the tide turned in 2022. The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters, and value stocks outpaced growth stocks that year. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income.