IBM revenue, earnings quality will be in focus

IBM's revenue beats estimates on cloud security services

Several equities analysts have recently commented on the company.

On the ratings front, IBM stock has been the subject of a number of recent research reports. The average 1-year price target for (GPS) reveals an average price target of $26.99 per share. The other 10 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. The 12-month average price target assigned to the stock is $167.73, which represents a potential upside of 14% from where the stock is now trading. Amica Pension Fund Board Of Trustees sold 7,471 shares as International Business Mach Corp (IBM)'s stock declined 15.88%. About 616,635 shares traded. 21 of them rate its stock a hold. The firm's 50-day moving average is $145.27 and its 200-day moving average is $151.70.

In terms of performance, shares of International Business Machines Corporation (NYSE:IBM) are -11.72% since the start of 2016.

International Business Machines Corp handily beat analysts' quarterly revenue estimates on Tuesday as the technology company's shift to cloud and security services gains traction.


The technology and consulting company posted revenue of $19.15 billion in the period, also topping Street forecasts. The Price to Book ratio for International Business Machines Corporation NYSE:IBM is 7.43923. Analysts polled by Thomson Reuters expected revenues of $18.60 billion for the quarter. The technology company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $0.23. The co's performance for 6 months was reduced of -9.37%, 1-year performance stands at -5.32% and year to date showing slashed performance of -11.72%. (MRK) - averaging the work of different analysts - reveals a mean PT of $68.43/share. Stifel Nicolaus reaffirmed a "buy" rating and issued a $182.00 target price on shares of International Business Machines Corporation in a research report on Friday, July 21st. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States and worldwide copyright & trademark law. Visit MarketWatch.com for more information on this news. Family Mngmt reported 3.69% of its portfolio in International Business Machines Corp.

In addition to sell-side rational, we can also take a look at some technical indicators. BlackRock Inc. grew its position in shares of International Business Machines Corporation by 2.4% in the 2nd quarter. (NYSE:IBM). Trillium Asset Ltd Limited Liability Company stated it has 5,644 shares. The Return on Assets for International Business Machines Corporation (NYSE:IBM) is 0.096869.

Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not. About shares traded. NetGear, Inc.

Are there positives? The IBM stock dividend is one, which now yields 4.1%. Washington Trust invested 0.45% of its portfolio in International Business Machines Corp. Fulton Bank N.A. now owns 21,612 shares of the technology company's stock valued at $3,136,000 after purchasing an additional 1,555 shares during the last quarter. The company is making a slow turn from older, shrinking businesses such as building and maintaining technology on customers' premises to newer, growing operations such as cloud computing and its Watson artificial intelligence offerings. The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems.

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