International Business Machines (IBM) Getting Somewhat Positive News Coverage, Accern Reports
Media headlines about International Business Machines (NYSE:IBM) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. International Business Machines earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.4468120693719 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Bitcoin battle rages on (finance.yahoo.com)
- IBM’s Stock Could Rise By 10% In Short-Term Rally (finance.yahoo.com)
- ETFs with exposure to International Business Machines Corp. : December 13, 2017 (finance.yahoo.com)
- Is IBM a Buy? (finance.yahoo.com)
- $21.95 Billion in Sales Expected for International Business Machines Corporation (IBM) This Quarter (americanbankingnews.com)
International Business Machines (NYSE:IBM) traded down $2.83 during mid-day trading on Wednesday, hitting $153.91. 5,644,797 shares of the stock were exchanged, compared to its average volume of 4,262,980. The company has a market capitalization of $143,877.25, a PE ratio of 11.38, a P/E/G ratio of 2.28 and a beta of 0.94. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.41 and a quick ratio of 1.36. International Business Machines has a 52-week low of $139.13 and a 52-week high of $182.79.
International Business Machines (NYSE:IBM) last posted its earnings results on Tuesday, October 17th. The technology company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $3.28 by $0.02. The firm had revenue of $19.15 billion during the quarter, compared to analysts’ expectations of $18.63 billion. International Business Machines had a net margin of 14.43% and a return on equity of 68.68%. The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.29 earnings per share. sell-side analysts forecast that International Business Machines will post 13.8 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Saturday, December 9th. Stockholders of record on Friday, November 10th were issued a $1.50 dividend. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.90%. International Business Machines’s dividend payout ratio (DPR) is currently 50.13%.
Several equities analysts have commented on IBM shares. Vetr upgraded shares of International Business Machines from a “hold” rating to a “buy” rating and set a $150.93 price objective on the stock in a report on Thursday, August 24th. Stifel Nicolaus reiterated a “buy” rating and issued a $182.00 price objective on shares of International Business Machines in a report on Friday, October 6th. ValuEngine upgraded shares of International Business Machines from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Drexel Hamilton reiterated a “buy” rating and issued a $200.00 price objective on shares of International Business Machines in a report on Tuesday, October 17th. Finally, Pivotal Research started coverage on shares of International Business Machines in a report on Friday, October 27th. They issued a “buy” rating and a $180.00 price objective on the stock. Eight investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $159.24.
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International Business Machines Company Profile
International Business Machines Corporation (IBM) is a technology company. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems.
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