News headlines about International Business Machines (NYSE:IBM) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. International Business Machines earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 47.5267911107267 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s analysis:
A number of brokerages recently issued reports on IBM. Zacks Investment Research upgraded International Business Machines from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. BMO Capital Markets reiterated a “hold” rating and set a $175.00 price objective on shares of International Business Machines in a research note on Thursday, January 11th. They noted that the move was a valuation call. Pivotal Research set a $180.00 price objective on International Business Machines and gave the company a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. set a $167.00 price objective on International Business Machines and gave the company a “neutral” rating in a research note on Friday. Finally, ValuEngine upgraded International Business Machines from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Six analysts have rated the stock with a sell rating, seventeen have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $164.09.
International Business Machines (NYSE IBM) traded up $0.23 during trading hours on Monday, hitting $162.60. The stock had a trading volume of 8,480,295 shares, compared to its average volume of 8,025,729. International Business Machines has a 52-week low of $139.13 and a 52-week high of $182.79. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.33 and a quick ratio of 1.29. The firm has a market cap of $150,530.00, a PE ratio of 26.61, a PEG ratio of 2.37 and a beta of 0.94.
International Business Machines (NYSE:IBM) last posted its earnings results on Thursday, January 18th. The technology company reported $5.18 EPS for the quarter, beating the Zacks’ consensus estimate of $5.17 by $0.01. International Business Machines had a return on equity of 69.48% and a net margin of 7.27%. The firm had revenue of $22.54 billion for the quarter, compared to analysts’ expectations of $22.03 billion. During the same period last year, the firm earned $5.01 EPS. The company’s quarterly revenue was up 3.6% on a year-over-year basis. equities research analysts expect that International Business Machines will post 13.83 earnings per share for the current year.
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International Business Machines Company Profile
International Business Machines Corporation (IBM) is a technology company. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems.
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