In the latest trading session,, 0.76 million International Business Machines Corp (NYSE:IBM) shares changed hands as the company’s beta touched 0.66. With the company’s most recent per share price at $263.70 changed hands at -$3.25 or -1.22% at last look, the market valuation stands at $245.08B. IBM’s current price is a discount, trading about -2.12% off its 52-week high of $269.28. The share price had its 52-week low at $163.53, which suggests the last value was 37.99% up since then.
Analysts gave the International Business Machines Corp (IBM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.32. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended IBM as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight.
International Business Machines Corp (NYSE:IBM) trade information
Instantly IBM was in red as seen in intraday trades today. With action 2.28%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 19.95%, with the 5-day performance at 2.28% in the green. However, in the 30-day time frame, International Business Machines Corp (NYSE:IBM) is 9.46% up.
The consensus price target for the stock as assigned by Wall Street analysts is 206, meaning bulls need a downside of -28.01% from its recent market value. According to analyst projections, IBM’s forecast low is 170 with 242 as the target high. To hit the forecast high, the stock’s price needs a 8.23% surge from its current level, while the stock would need to tank 35.53% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -9.46%. The 2025 estimates are for International Business Machines Corp earnings to increase by 5.84%, but the outlook for the next 5-year period is at 6.30% per year.
IBM Dividends
International Business Machines Corp is expected to release its next quarterly earnings report in June. The 2.54% annual yield figure for the share gives it an annual dividend of 6.69. It is important to note, however, that the 2.54% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.1898% or 75.37 million shares worth $13.04 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 28.98 shares estimated at $7.63 billion under it, the former controlled 3.12% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.69% of the shares, roughly 25.03 shares worth around $6.59 billion.
