Taking On Challenges And Growing? – International Business Machines Corp. (IBM)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Usher’s New Look Embarks on AI-Focused Collaboration With IBM To Set Students Up for Career Success.

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Stocks Info

This NYSE-listed company operates within the Information Technology Services industry segment, falling under the Technology sector. The current market capitalization of International Business Machines Corp. is $179.64B. A total of 3.94 million shares were traded on the day, compared to an average of 5.13M shares.

In the most recent transaction, BROWDY MICHELLE H sold 9,800 shares of IBM for 184.85 per share on Feb 01 ’24. After the transaction, the Senior Vice President now owns 119,498 company shares.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. International Business Machines Corp. pays an annual dividend of $6.64, resulting in a dividend yield of 3.39%, and it has a price to earnings (P/E) ratio of 24.13. IBM’s most recent ex-dividend date was 2/8/2024 when it declared a $1.66 quarterly dividend that was paid in cash on 3/9/2024. Previously, the company paid the dividend on 12/9/2023 with an ex-dividend date of 11/9/2023. The IBM stock dividend was $1.66 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, IBM has a high of $198.73 and a low of $120.55.

As of this writing, IBM has an earnings estimate of $1.59 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $1.76 per share and a lower estimate of $1.44. The company reported an EPS of $2.01 in the last quarter, which was 3.60% higher than expectations of $1.94.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. IBM’s latest balance sheet shows that the firm has $7.25B in Cash & Short Term Investments as of fiscal 2021. There were $55.14B in debt and $33.62B in liabilities at the time. Its Book Value Per Share was $24.63, while its Total Shareholder’s Equity was $19.00B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IBM is Buy with a score of 3.21.

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