IBM - International Business Machines Corporation
139.80 -0.44 (-0.31%)
After hours: 4:13PM EDT
| Previous Close | 138.79 |
| Open | 139.37 |
| Bid | 140.19 x 1400 |
| Ask | 140.20 x 1100 |
| Day's Range | 138.73 - 140.37 |
| 52 Week Range | 105.94 - 162.00 |
| Volume | 2,713,356 |
| Avg. Volume | 4,835,320 |
| Market Cap | 124.795B |
| Beta (3Y Monthly) | 1.76 |
| PE Ratio (TTM) | 14.73 |
| EPS (TTM) | 9.52 |
| Earnings Date | Apr 16, 2019 |
| Forward Dividend & Yield | 6.28 (4.52%) |
| Ex-Dividend Date | 2019-02-07 |
| 1y Target Est | 140.22 |
- Yahoo Finance Video•3 days ago
Banks turn to IBM for A.I assistance
Times are changing and so are our banks! IBM has teamed with some of the world’s leading banks to assist with special A.I. tools that includes a variety of advanced services which furthers their business and satisfies their customers. Watson Financial Services Global Vice President, Vivek Bajaj, discusses with Adam Shapiro and Julie Hyman.
- The Wall Street Journal•1 hour ago
Competitive Debaters Have a Problem: They Can't Stop Arguing
Another debate was rattling through his head: Should his hotel’s breakfast buffet be spread across one table or two? Mr. Natarajan, who holds a record for debating tournament victories, can’t stop debating. Whether he should as much as he does is a matter of debate, and he will take either side.
- PR Newswire•2 hours ago
IBM's The Weather Company Releases Spring Forecast for the United States
ANDOVER, Mass., March 18, 2019 /PRNewswire/ -- With two days left until spring, many Americans will finally see warmer temperatures, according to the latest forecast for North America from The Weather Company, an IBM Business (NYSE: IBM). According to the forecast, the Northeastern, Southeastern, and Northwestern U.S. will enjoy a warmer-than-normal spring, with the Plains and Southwest experiencing temperatures below normal. Rainfall will skew above-normal in most areas excluding portions of the Northeast and Southwest.
- PR Newswire•4 hours ago
IBM Blockchain World Wire, a New Global Payment Network, to Support Payments and Foreign Exchange in More Than 50 Countries
Provides real time settlement using a variety of digital assets SINGAPORE , March 18, 2019 /PRNewswire/ -- MONEY 20/20: IBM (NYSE: IBM ) today announced IBM Blockchain World Wire, a real-time global payments ...
- Zacks•6 hours ago
IBM Blockchain Network to Aid NCC Simplify Registry Dealings
IBM blockchain network to accelerate management processes involving legal economic transactions in commercial courts based out of France.
- Market Realist•7 hours ago
NetScout Reconfigures Board as It Eyes 5G Dollars
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- Market Realist•8 hours ago
Boeing Stock: Worst Weekly Fall since 2016
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- Market Realist•9 hours ago
IBM Working on Solution to a $7.9 Trillion Healthcare Problem
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- TheStreet.com•yesterday
Microsoft Stock Is an Outstanding 'Boring' Investment
George Soros counsels that good investing is boring. The software giant is well-diversified and growing steadily, with few thrills along the way. Microsoft's ambitions to be the dominant cloud player are set to become increasingly challenging, as the amount of specialization required from customers is causing this space to become ever more fragmented.
- Market Realist•3 days ago
What Drove Oracle’s Q3 Earnings Results?
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- Market Realist•3 days ago
Why Oracle’s Revenue Growth Is Getting Sluggish
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- Market Realist•3 days ago
Microsoft’s Windows 10 Reaches 800 Million Device Milestone
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Market Realist•3 days agoOracle Stock Fell despite Q3 Earnings and Revenue Beat
Key Highlights from Oracle’s Q3 Earnings ResultsOracle stock down 3.9% after hoursSoftware and cloud services giant Oracle (ORCL) was down as much as 4% in extended trading on Thursday, even though the company reported better-than-expected numbers
- GuruFocus.com•3 days ago
IBM Has Significant Problems
Ever since the stock peaked at around $215 per share in 2013, the price has slid, with a significant amount of volatility, to where it currently trades at $140 per share. Warning! GuruFocus has detected 5 Warning Signs with IBM. The stock is currently trading at a price-earnings ratio of 10.03, a comparatively low figure for the sector.
- American City Business Journals•3 days ago
Hurd says Congress, local governments need to incentivize 5G
Rep. Will Hurd recognizes the importance of cybersecurity and solutions like AI for maintaining the U.S.'s technology dominance, but its the race with China for 5G that keeps him up at night.
- InvestorPlace•3 days ago
7 Best Quantum Computing Stocks Trading Today
[Editor's note: This story was previously published in August 2018. It has since been updated and republished.] Quantum computing applies the laws of quantum mechanics to process information. As people do not see quantum processes in their day-to-day lives, this technology can be difficult for non-scientists to understand. This also makes finding the best quantum computing stocks difficult for investors.Instead of acting on binary ones and zeros, quantum adds "superpositioning" to the ones and zeros. This so-called "superpositioning" allows ones and zeros to exist in multiple states at one time. It also allows "entanglement," which syncs particles separated by vast distances. This allows systems to factor large numbers that traditional computing technology could not.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNaturally, quantum computing could advance many technologies, and by extension, the stocks of many tech-oriented companies. Quantum processes will significantly expand abilities in fields such as cryptography, algorithms, communications, defense, and basic computing. * 15 Stocks That May Be Hurt by This Year's Big IPOs Unfortunately, this technology will not reach the mainstream for years. Consequently, no pure-play stocks exist as D-Wave Systems remains private for now. Still, investors who would like to buy into the quantum-computing revolution at a reasonable valuation should look at these quantum computing stocks today:Source: Shutterstock Alphaber (GOOGL, GOOG)Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG), the parent company of Google, has served as one of the best quantum computing stocks. Google has reached a market cap of over $850 billion based mostly on its algorithms. Maintaining such leadership in future years will require quantum computing.Google has described itself as "close to quantum supremacy." It unveiled Bristlecone, a chip with 72 quantum bits (qubits), its fundamental unit of computation. This beats the previous record of 50. While the company is still years from applying Bristlecone to its bottom line, it still makes Alphabet an industry leader.While buying GOOGL stock would invest one in quantum computing, it will not come cheap. The stock currently trades at a forward price-to-earnings (P/E) ratio of 27.29. While not as high as some, it exceeds S&P 500 averages.Analysts expect average annual profit growth to exceed 18% per year over the next five years, however. And though quantum computing remains a small part of Google for now, maintaining this edge in quantum processing will be critical to the company's long-term success.Source: Shutterstock AT&T (T)AT&T (NYSE:T) probably does not strike investors as an obvious quantum computing stock. The telecom giant is best known for telephone service in past decades and internet and wireless services today. Most of the focus for future technology has revolved around 5G wireless service.What makes T stock one of the best stocks in quantum has come from the company's research arm, AT&T Labs. The company has no plans to build quantum computers. However, they view quantum from the standpoint of minimizing latency.They envision two network edges. The 5G edge will be one. Another edge involves a quantum-based edge where the data follows the user. Hence it will use quantum computing so large amounts of data do not overtax its network.Due to factors related to 5G, T stock trades at a bargain. This slow growth is likely due to the high costs of the 5G rollout. Analysts only expect 6.2% average annual profit growth over the next five years. However, T stock offers benefits value investors should not ignore. First, trades at a forward P/E ratio of just over nine. This comes in over 50% below its five-year average P/E of 10.55. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% The dividend also pays an impressive 6.74% yield. Due to T stock's dividend aristocrat status, the company can ill afford to end its multi-decade streak of dividend increases. Hence, the dividend will likely continue moving higher. Though T stock serves as a more indirect quantum play than some investors might like, the low P/E and high dividend should serve as a draw.Source: Shutterstock IBM (IBM)IBM (NYSE:IBM) has become one of the leading companies and best stocks in quantum computing. Their quantum initiative, called IBM Q, seeks to build what it calls, "commercially available universal quantum computers for business and science." Quantum remains in the research phase now. Still, within five years, the company expects both professionals and developers will be using this technology directly.Also, compared with other top quantum plays such as Microsoft or Alphabet, IBM stock trades a low valuation. It currently trades at a forward P/E of 14.57. The five-year average P/E stands at just over 12.9. Also, due in large part to new initiatives such as quantum, Wall Street expects profit growth to return.Moreover, it has grown its dividend throughout history. The dividend yield now stands at about 5.61%. IBM stock can also claim dividend aristocrat status in three years so IBM will likely keep increasing the dividend. Even if growth disappoints for the foreseeable future, quantum computing should play a large role in taking the IBM stock price and the dividend higher in future years.Source: Shutterstock Intel (INTC)Intel (NASDAQ:INTC) has made a comeback as it builds a future beyond the PC market that sustained the company for decades. Building quantum computers is now one of INTC's options for sustained growth. As silicon transistors have reached the limits of what they can handle, technology must adapt. And Intel now leads the way in this endeavor.Intel combines silicon with existing technologies to produce the world's smallest quantum chips. Taking these so-called "spin qubit" chips to market will require further research as right now they can only operate at absolute zero. Still, Intel continues working to advance the power of its processors even as the limits of silicon slows down the rate of increase. * 15 Stocks Sitting on Huge Piles of Cash The good news for investors is that INTC trades at a relatively low valuation. It has risen substantially from the depths of the PC decline in 2013. Still, it trades at a forward P/E of about 11.91. This stands well below the 15.6 average P/E for the last five years. Also, growing prominence in the data center space and a comeback in PCs bolstered INTC stock. Analysts believe that growth will average over 10.2% per year over the next five years.Investors will also earn profit via the currently 2.27% dividend. With a low P/E, double-digit growth and a high, growing dividend, INTC stock is poised to become one of the best quantum computing stocks in the post-PC era.Source: Shutterstock Lockheed Martin (LMT)Lockheed Martin (NYSE:LMT) could provide one of the more direct ways available to invest in privately-held D-Wave. The world's largest defense contractor became the first customer of D-Wave as it sought to gain an early edge in quantum computing.Lockheed bears some of its highest costs in what it calls verification and validation. Today's technology forces the company to tests scenarios on an individual basis. Through quantum computing, the company could then test multiple solutions all at once, ensuring quality and reliability at a much lower cost.Like quantum, LMT finds itself on a roll. Boosted by tax cuts and increased defense spending, LMT stock expects to see profits rise by an average of 47% per year over the next five years!Despite this growth, the forward P/E ratio stands at only about 16.97. The company has also increased its dividend every year since 2003. Its annual dividend comes to a yield of about 2.5%, well above S&P 500 averages.Source: Shutterstock Microsoft (MSFT)Microsoft (NASDAQ:MSFT) has also taken an interest in quantum computing. Ever since Satya Nadella took over the company, Microsoft has become one of the largest companies in the cloud. Also, with its experience in software, a focus on the future of quantum could make MSFT one of the best stocks in this space.One of the latest innovations in quantum computing is the Q programming language. Microsoft's most recent push involves offering free intro courses in Q. The hardware technology to make full use of this language has not yet been developed. However, such a language could place the company in a prominent position once the hardware catches up. * 7 Chinese Stocks to Buy for the 2019 Rebound Due in part to these advances, MSFT stock will not come cheap. Even on a forward basis, the P/E of 26.57 stands near S&P averages. Wall Street also expects average annual growth to reach 12.4%.Dividends, have not been as impressive as some of the other quantum computing stocks at just 1.61%. Still, they have increased every year since 2010. With a little patience, they could soon become a large part of the profits for MSFT stock.MSFT stock has served as a huge software innovator. With its development of Q, it will likely play a major role in quantum for years to come. Despite a higher P/E in recent years, quantum-driven profits for MSFT stock should grow well into the future.Source: Shutterstock Nokia (NOK)Most people think of Nokia (NYSE:NOK) as the former cellphone king swept aside by the smartphone. However, the company has since redefined itself, purchasing Alcatel-Lucent and reinventing itself as a telecom equipment provider in the 5G space.While 5G can bring it into the future, it will likely need quantum computing to continue its growth. It now owns Nokia Bell Labs, and this division recently discovered several materials that can act as superconductors. With the traditional silicon chips unable to perform quantum functions, these discoveries have become critical.NOK stock currently trades at around $6.22 per share. The stock trades well below the 2007 high attained when it dominated cellphones. Also, the dividend yields almost 3.59%. This dividend has bounced around over the years. Still, analysts expect average annual profit growth of about 16.8% for the next five years. Given that level of profit growth, any dividend cut becomes much less likely.NOK stock should perform well soon due to its 5G equipment. However, much of its reinvention will center around quantum computing, particularly in future years. If that comes to pass, NOK could become one of the best stocks in this field.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting.Compare Brokers The post 7 Best Quantum Computing Stocks Trading Today appeared first on InvestorPlace.
- Motley Fool•3 days ago
Is International Business Machines (IBM) a Buy?
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- Market Realist•3 days ago
Ethiopia Air Crash Costs Boeing $28 Billion in Market Value
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- InvestorPlace•3 days ago
Can You Trust in IBM’s Nearly 5% Dividend?
IBM (NYSE:IBM) has long been a key holding for many income investors. The iconic American institution has also proved to be a remarkably good investment over past decades. For years, IBM stock consistently traded higher while offering investors a growing dividend.Source: Shutterstock In recent years, however, that momentum has stalled. IBM stock last made new all-time highs way back in 2013, despite the roaring bull market. And shares have barely advanced at all since 1999, marking a 20-year string of futility for the former tech leader. * 15 Stocks Sitting on Huge Piles of Cash Now, with high-profile collapses of other formerly dominant American firms like GE (NYSE:GE) and Kraft Heinz (NYSE:KHC), people are wondering if IBM will be next. Is IBM's dividend still a reliable choice for conservative investors? Or is now the time to dump IBM stock before things get worse? Limits of Financial EngineeringIBM has managed annual dividend hikes dating back to 1995. Not surprisingly, growth and income investors have gravitated to the stock given its compelling history. However, IBM will be unable to grow its dividend much more unless the company gets back on track. The company has a 10-year dividend growth rate of 13% annually, however this decelerated to the single digits over the past three years. Last year, IBM only offered a paltry 5% dividend hike.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe reason appears rather simple. IBM's revenues have been declining for years. In 2011, IBM's revenues peaked at $107 billion. In 2017, this number slipped under $80 billion, as part of IBM's disastrous 22 straight quarters of revenue declines. IBM managed to break that streak in 2018, and achieved essentially flat revenue results for the full year. Still, this is not a good place to be, as its revenues of $79 billion are the lowest in more than two decades. Even as far back as 1999, the company was producing nearly $90 billion in annual revenues. Once you think about inflation, and how revenues should rise over time simply due to increasing prices, things look even worse.IBM has continued to grow earnings not by improving its core business results, but, instead, through aggressive share repurchases. From the mid-1990s through 2018, IBM slashed its share count from 2.4 billion all the way to 900 million now. Through thick and thin, it kept buying back stock, allowing for steadily rising earnings even in the wake of lackluster operating results. But you can only get so far with this approach, the company's rapidly rising debt load is making it more and more problematic to keep borrowing money to buy stock. Increasing Dividend SkepticismBetween 1995 and the Great Financial Crisis, IBM stock never yielded more than 2%. Investors were willing to pay a premium for IBM stock's perceived safety and reliability. In 2014, the dividend yield moved consistently over 2%. In 2015, it topped 3% for the first time in two decades.2016 brought the dividend up to 4% at one point. Things stabilized there for awhile. In late 2018, however, IBM stock plunged, causing the dividend yield to spike to 5.8%. This showed investors had clearly lost faith that IBM's dividend can continue at its current rate going forward. In general, only mainstream companies with essentially no growth, like telecoms, trade with dividends around the 6% mark.IBM has done this before. In the late 1980s and early 1990s, IBM's dividend yield steadily crept up over the 5% mark as investors lost confidence in the company's direction. The yield kept spiking, eventually hitting 8%. In 1994, the inevitable happened, with IBM slashing its dividend. Fortunately, a management change and refocused business strategy got the company back on the right path. However, IBM very much risks another dividend cut if it can't get revenue growth going again -- and soon. Red Hat: Make Or Break AcquisitionIBM has been making numerous purchases in recent years to try to get out of its strategic rut. IBM purchased SoftLayer a few years ago, and it became the basis for much of the current IBM Cloud. However, that acquisition has been viewed as relatively unsuccessful compared to its potential.Analysts hold a concern that IBM simply can't attract and retain top engineering talent, compared to more successful firms. IBM isn't viewed as a top-tier employer like many of its rivals, nor are they able to dish out such juicy stock-based compensation to keep employees. It seems IBM needs to rework its corporate culture if it wants to remain relevant in coming years.As such, the massive Red Hat acquisition is a pivotal moment for IBM. The company forked over $33 billion for Red Hat -- that's a massive sum, along with being a more than 60% premium to its prevailing stock price at the time of the deal. This forced IBM to take on more debt, along with suspending the stock buyback.In return, IBM isn't getting all that much -- at least not initially. Red Hat adds just $3 billion in annual revenues to a company that already did $79 billion in yearly sales. That's not going to move the needle in 2019. IBM needs Red Hat to keep succeeding as a subsidiary of Big Blue. But it's unclear if Red Hat will be able to keep up its torrid growth rate if employees and clients defect from Red Hat at a high rate given the new owner. IBM's purchase is a bold move, but one that could dramatically backfire. IBM Stock VerdictIBM stock certainly looks cheap enough to be a solid bargain here. At under 10 times forward earnings and with that 5% dividend yield, this is squarely in the value camp, especially in comparison with other tech stocks.But it could well turn out to be a value trap. IBM has been relying on the share buyback to keep earnings growing and power the dividend hikes. Given the increased balance sheet risk from the Red Hat deal, IBM has had to stop the buyback. That removes the main lever IBM has had to keep shares up despite declining to flat revenues. * 7 Dividend Stocks to Buy Today IBM certainly looked better in 2018, with revenues finally stabilizing. But something needs to come through, be it the Red Hat acquisition, Watson, or its blockchain initiatives to get the company returning to organic growth again. If nothing pans out within the next couple of years, a dividend cut would become increasingly likely.At the time of this writing, Ian Bezek owned IBM and KHC stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post Can You Trust in IBMas Nearly 5% Dividend? appeared first on InvestorPlace.
- Motley Fool•4 days ago
Better Dividend Buy: IBM vs. Coca-Cola
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- TheStreet.com•4 days ago
Jim Cramer: Underestimate Michael Dell At Your Peril
Most Fortune 500 companies use his companies' products, and Dell Technologies is becoming the hardware backbone of the internet.
- PR Newswire•4 days ago
French National Council of Clerks of Commercial Courts announce the deployment of a blockchain network developed by IBM, to streamline the management of commercial and corporate registry
PARIS, March 14, 2019 /PRNewswire/ -- IBM (NYSE: IBM) and the National Council of Clerks (NCC) today announced the successful development of blockchain-based commercial court solution devoted to the clerks of commercial courts' commercial and corporate registry. The blockchain network will be used from 2019 by the Clerks operating in commercial courts across France and will bring added transparency and efficiency through improved management of legal transactions related to the lifecycle of companies. A key mission of the Clerks is the maintenance of the commercial and corporate registries holding the legal and economic information on all the businesses.
- Market Realist•4 days ago
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