The company has market cap of $44.65 million. The Firm operates through three divisions: Industrial, Process and Contractor.
The company P/E (price to earnings) ratio is 12.67 and Forward P/E ratio is 10.9. The Innerwear segment focuses on core apparel products, such as intimate apparel, men's underwear, women's panties, children's underwear, socks and hosiery.
The consensus recommendation - averaging the work of 26 analysts - of 2.7 for International Business Machines Corporation (IBM) points to moderate case. During the same period in the previous year, the company earned $3.29 earnings per share. Peddock Capital Advisors LLC increased its stake in shares of International Business Machines Corporation by 7.3% during the second quarter.
Investors sentiment decreased to 0.72 in Q2 2017. Its up 0.12, from 1.22 in 2017Q1. It is positive, as 9 investors sold MERC shares while 27 reduced holdings.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. The technology company reported $3.30 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $3.28 by $0.02. The business's quarterly revenue was down.4% compared to the same quarter last year. sell-side analysts forecast that International Business Machines Corporation will post 13.8 earnings per share for the current year. Aimz Inv Ltd Liability Com reported 23,164 shares stake. Fairview Investment Mgmt Lc owns 1,419 shares or 0.01% of their U.S. portfolio. Dekabank Deutsche Girozentrale holds 0.6% or 490,045 shares in its portfolio. Meridian Mgmt reported 8,544 shares stake. Jefferies maintained International Business Machines Corp.
Shares of International Business Machines Corporation (IBM) opened at $151.77 on Friday. Taurus Asset Ltd Com has invested 0.05% of its portfolio in International Business Machines Corp. The legal version of this report can be viewed at https://www.truebluetribune.com/2017/11/24/international-business-machines-corporation-ibm-stake-lessened-by-campbell-newman-asset-management-inc.html. The Company, through its Mobile Connectivity Services segment, offers a cloud solution allowing its clients and their users' access to its global Wi-Fi network to stay connected to the people and information. Breithorn Capital has 0.21% invested in International Business Machines Corp. (NYSE:IBM). Compton Capital Incorporated Ri has invested 0.58% in International Business Machines Corp. (NYSE:IBM). Massachusetts-based Cambridge Company has invested 0.23% in International Business Machines Corp. (NYSE:IBM) for 3,111 shares. Herndon Capital Management LLC increased its stake in shares of International Business Machines Corporation by 39.0% during the second quarter.
International Business Machines Corporation (NYSE:IBM) last announced its earnings results on Tuesday, October 17th. (NYSE:IBM). Clearbridge Invests Ltd Limited Liability Company owns 991,866 shares. Gardner Russo Gardner Ltd Co holds 0.01% of its portfolio in International Business Machines Corp. (NYSE:IBM). Sabal Tru Company accumulated 4,012 shares.
International Business Machines Corporation (IBM) has a Return on Assets of 9.5 percent, Return on Investment of 19.7 percent and a Return on Equity of 60.6 percent. Therefore 8% are positive.
If we look at the Volatility of International Business Machines Corporation (IBM), Week Volatility is 1.05%, whereas Month Volatility is at 1.13%. As per Thursday, October 19, the company rating was upgraded by RBC Capital Markets. Roof Eidam And Maycock Adv invested 0.39% of its portfolio in International Business Machines Corp. The firm has "Neutral" rating given on Tuesday, July 19 by Citigroup. RBC Capital Markets maintained International Business Machines Corp. The rating was maintained by UBS on Wednesday, July 19 with "Hold". The firm has "Neutral" rating by Goldman Sachs given on Tuesday, October 18. The firm has "Neutral" rating given on Thursday, September 17 by Alembic. Noble Financial maintained the shares of ONCS in report on Tuesday, June 13 with "Buy" rating. The rating was maintained by KeyBanc Capital Markets with "Hold" on Monday, September 25. The firm has "Market Perform" rating given on Thursday, May 25 by William Blair. It also upped Abbott Labs (NYSE:ABT) stake by 144 shares and now owns 44,126 shares. Spdr S&P 500 Etf Tr (SPY) was raised too.
The counter witnessed a trading volume of 3.21 million shares versus an average volume of 4.58 million shares during last trading session. Timucuan Asset Management Inc Fl owns 2.46 million shares or 5.37% of their United States portfolio. Investors of record on Friday, November 10th will be given a dividend of $1.50 per share. Ny State Teachers Retirement, New York-based fund reported 52,106 shares.
Analysts await Hanesbrands Inc. (NYSE:GGG) was sold by Johnson Jeffrey P. The insider O'Shea Peter J sold $1.81 million.
Since May 30, 2017, it had 3 buys, and 0 sales for $542,276 activity. HBI's profit will be $189.69M for 9.53 P/E if the $0.52 EPS becomes a reality. (NYSE:GGG). Guggenheim Cap Ltd Liability stated it has 0% in Graco Inc. The stock increased 1.55% or $0.15 on November 22, reaching $9.85. About 201,420 shares traded or 57.66% up from the average. Hanesbrands Inc. (HBI) has declined 23.23% since November 24, 2016 and is downtrending. It has underperformed by 18.74% the S&P500.
Among 3 analysts covering iPass (NASDAQ:IPAS), 2 have Buy rating, 0 Sell and 1 Hold. IBM traded on a high for the day of 152.39 with a corresponding low of 151.33. The company has a consensus rating of "Hold" and a consensus price target of $158.93. HBI was included in 5 notes of analysts from December 12, 2016. The rating was maintained by Morgan Stanley with "Overweight" on Tuesday, July 19. The rating was maintained by Stifel Nicolaus with "Hold" on Friday, February 3.
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