International Business Machines Corp. (NYSE:IBM) received “Reiterated” rating by RBC Capital Mkts in a research note issued to investors on Apr-19-17 as Sector Perform from $185 to $180.
Additionally on Apr-19-17 the stock was “Downgraded” by Societe Generale from Hold to Sell and on Apr-04-17 the stock was “Initiated” by Berenberg as Sell at $140. Furthermore on Mar-16-17 the stock was “Reiterated” by Morgan Stanley as Overweight from $187 to $212.
On the other hand the company has Relative Strength Index (RSI 14) of 17.13 along with Average True Range (ATR 14) of 2.42, Consequently International Business Machines Corp. (NYSE:IBM)’s weekly and monthly volatility is 1.15%, 1.09% respectively. The company’s beta value is at 0.96.
In terms of Buy, Sell or Hold recommendations, International Business Machines Corp. (NYSE:IBM) has an analyst’s mean recommendation of 2.90. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
International Business Machines Corp. (NYSE:IBM) shares traded -4.94% during the most recent session. Wall Street analysts covering the stock are projecting that the stock will reach $169.15 within the next 52-weeks. The mean target projections are based on 20 opinions, the mean target was last revised on 04/19/17.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have high price target of $215.00 and with a conservative view have low price target of $110.00 with a standard deviation of $25.99. If seeing target price from optimistic overview then it has a 31 percent upside potential from the latest closing price of $161.69.
While considering growth estimates of the company, it has next quarter growth estimates of 1.20% whereas during current quarter it has 7.50% estimations over growth, comparing to the estimations of 1.40% during current year and 2.50% for next year. Past 5 years growth of International Business Machines Corp. (NYSE:IBM) observed at -1.60%, looking forward for the next 5 years it has a strong prediction of 2.56% over growth.
International Business Machines Corp. (NYSE:IBM)’s revenue estimates for the current quarter are $19.79B according to 17 number of analysts, for the current quarter the company has high revenue estimates of $20.41B in contradiction of low revenue estimates of $19.11B. For the current year the company’s revenue estimates are $78.68B compared to low analyst estimates of $76.71B and high estimates of $80.56B according 22 number of analysts.
International Business Machines Corp. (NYSE:IBM)’s trailing twelve month revenues are $79.92B, whereas its price to sales ratio for the same period is 1.91. Its book value per share for the most recent quarter is $19.23 while its price to book ratio for the same period is 8.41, as for as the company’s cash per share for the most recent quarter is $9.50, however its price to cash per share ratio for the same period is 17.02. The stock has a current PEG of 5.09 where as its P/E ratio is 13.03.