International Business Machines (NYSE:IBM):
IBM and West Virginia University’s Center for Disability Inclusion Unveil Mobile Workplace Accommodation Case Management App.
The company is up by 1.08% since yesterday’s close of $154.1.
Additionally International Business Machines recently declared a dividend for shareholders paid on Saturday June 10th, 2017. The dividend payment was $1.500 per share for the quarter or $6.00 on an annualized basis. The dividend yield was $3.89. The ex-dividend date was Monday the 8th of May 2017.
International Business Machines Corporation (IBM), launched on June 16, 1911, is a technology company. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing..
Company shares last traded at $155.76 a tad higher than $154.37, the stock’s 50 day moving average and which is a tad under the 200 day moving average of $167.48. The 50 day moving average went up by +1.24% and the 200 day average went down by -6.68%.
International Business Machines’s P/E ratio is 12.85 and the market value is 146.82B. As of the last earnings report the EPS was $12.16 and is expected to be $13.70 for the current year with 939,496,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $3.38 and the next full year EPS is anticipated to be $13.92.
A few investment firms have provided guidance on International Business Machines recently. Pacific Crest issued its first research report on the stock setting a rating of “Sector Weight”. On November 10, 2016 Bank of America held the price objective at $185.00 but boost the company from to Buy.
On November 10 the company was upgraded from “” to “Buy” and a price target of $185.00 was set by Bank of America. On October 18 Goldman Sachs maintained a stock rating of “Neutral” and raised the price expectation from $147.00 to $160.00.
October 18 investment analysts at Citigroup maintained a company rating of “Overweight” but raised the price target to $179.00 from $147.00. On October 18 Credit Suisse made no change to the stock rating of “Overweight” and moved up the price target to $179.00 from $110.00.