Some Thoughts on International Business Machines

Shares of International Business Machines have moved 0.3% today, and are now trading at a price of $161.1. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 5,774,317 compared to the stock's average volume of 4,091,826.

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. Based in Armonk, United States the company has 288,300 full time employees and a market cap of $147,103,465,472. International Business Machines currently offers its equity investors a dividend that yields 4.1% per year.

The company is now trading 9.27% away from its average analyst target price of $147.43 per share. The 14 analysts following the stock have set target prices ranging from $110.0 to $179.0, and on average give International Business Machines a rating of buy.

Over the last 52 weeks, IBM stock has risen 11.0%, which amounts to a -4.0% difference compared to the S&P 500. The stock's 52 week high is $162.79 whereas its 52 week low is $120.55 per share. Based on International Business Machines's average net margin growth of 0.9% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 61,170,000 7,099,000 12 300.0
2022 60,530,000 1,783,000 3 -70.0
2021 57,350,000 5,743,000 10 0.0
2020 55,179,000 5,590,000 10 -37.5
2019 57,714,000 9,431,000 16 45.45
2018 79,591,000 8,728,000 11
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.