International Business Machines (NYSE:IBM) shares traded 0.82% up during most recent session to reach at the closing price of $134.4. The stock exchanged hands 2.55 Million shares versus average trading capacity of 3.6 Million shares, yielding a market cap of $119.18 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $147.06 within the next 52-weeks. The mean target projections are based on 18 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have International Business Machines (NYSE:IBM) high price target of $173 and with a conservative view have low price target of $115.

“Maintained” International Business Machines (NYSE:IBM) in a research note issued to investors on 4/17/19 to Neutral with price target of $140.

Additionally on 4/17/19 “Maintained” International Business Machines (NYSE:IBM) to Market Perform setting price target at $155 and on 4/11/19 “Initiates Coverage On” the stock to Outperform at $173. Furthermore on 12/17/18 “Maintained” the stock to Outperform at $167.

On the other hand the company has Relative Strength Index (RSI 14) of 38.76 along with Average True Range (ATR 14) of 2.46, Consequently International Business Machines (NYSE:IBM)’s weekly and monthly volatility is 2.02%, 1.61% respectively. The company’s beta value is at 1.22.

In terms of Buy, Sell or Hold recommendations, International Business Machines (NYSE:IBM) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts International Business Machines (NYSE:IBM)’s minimum EPS for the current quarter is at $3.02 and can go high up to $3.13. The consensus mean EPS for the current quarter is at $3.07 derived from a total of 17 estimates from the analysts who have weighed in on projected earnings. However the company reported $3.08 earnings per share for the same quarter during last year.

Previously International Business Machines (NYSE:IBM) reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.03. The company posted an earnings surprise of 1.4%.

International Business Machines (NYSE:IBM)’s revenue estimates for the current quarter are $19.16 Billion according to 14 number of analysts, for the current quarter the company has high revenue estimates of $19.33 Billion in contradiction of low revenue estimates of $19.06 Billion. For the current year the company’s revenue estimates are $77.04 Billion compared to low analyst estimates of $76.33 Billion and high estimates of $78.04 Billion according to 19 number of analysts.

Currently International Business Machines (NYSE:IBM)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 57.9%. However the six-month change in the insider ownership was recorded -2.08%, as well as three-month change in the institutional ownership was recorded -0.08%.

International Business Machines (NYSE:IBM)’s trailing twelve month revenues are $78.7 Billion, whereas its price to sales ratio for the same period is 1.51. Its book value per share for the most recent quarter is $18.53 while its price to book ratio for the same period is 7.25, as for as the company’s cash per share for the most recent quarter is $20.32, however its price to cash per share ratio for the same period is 6.62. The stock has 5 year expected PEG ratio of 4.19 whereas its trailing twelve month P/E ratio is 11.41.