More and more people are talking about International Business Machines over the last few weeks. Is it worth buying the Computer Hardware stock at a price of $161.6? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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International Business Machines has moved 11.0% over the last year, and the S&P 500 logged a change of 17.0%
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IBM has an average analyst rating of buy and is 9.61% away from its mean target price of $147.43 per share
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Its trailing earnings per share (EPS) is $7.75
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International Business Machines has a trailing 12 month Price to Earnings (P/E) ratio of 20.9 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $9.98 and its forward P/E ratio is 16.2
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The company has a Price to Book (P/B) ratio of 6.39 in contrast to the S&P 500's average ratio of 2.95
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International Business Machines is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92
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The company has a free cash flow of $10.81 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company has collaboration agreement with Siemens Digital Industri Software to develop a combined software solution. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.