Currently, there are 924.64M common shares owned by the public and among those 923.77M shares have been available to trade.
The company’s stock has a 5-day price change of 8.84% and 15.30% over the past three months. IBM shares are trading 39.91% year to date (YTD), with the 12-month market performance up to 47.09% higher. It has a 12-month low price of $154.75 and touched a high of $237.37 over the same period. IBM has an average intraday trading volume of 4.18 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.50%, 4.05%, and 18.61% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of International Business Machines Corp (NYSE: IBM) shares accounts for 62.12% of the company’s 924.64M shares outstanding.
It has a market capitalization of $211.59B and a beta (3y monthly) value of 0.72. The stock’s trailing 12-month PE ratio is 33.31, while the earnings-per-share (ttm) stands at $6.87. The company has a PEG of 6.66 and a Quick Ratio of 0.98 with the debt-to-equity ratio at 2.46. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.40% over the week and 1.86% over the month.
Earnings per share for the fiscal year are expected to increase by 6.12%, and 5.08% over the next financial year. EPS should grow at an annualized rate of 5.00% over the next five years, compared to -3.09% over the past 5-year period.
Looking at the support for the IBM, a number of firms have released research notes about the stock. DZ Bank stated their Hold rating for the stock in a research note on October 02, 2024, with the firm’s price target at $215. Goldman coverage for the International Business Machines Corp (IBM) stock in a research note released on June 24, 2024 offered a Buy rating with a price target of $200. Exane BNP Paribas was of a view on May 02, 2024 that the stock is Underperform, while Evercore ISI gave the stock Outperform rating on January 19, 2024, issuing a price target of $165- $200. Jefferies on their part issued Hold rating on January 05, 2024.
