The stock of International Business Machines Corporation (IBM) has gone up by 3.82% for the week, with a 2.22% rise in the past month and a -2.13% drop in the past quarter. The volatility ratio for the week is 1.34%, and the volatility levels for the past 30 days are 1.31% for IBM. The simple moving average for the past 20 days is 2.96% for IBM’s stock, with a -3.56% simple moving average for the past 200 days.
Is It Worth Investing in International Business Machines Corporation (NYSE: IBM) Right Now?
International Business Machines Corporation (NYSE: IBM) has a price-to-earnings ratio that is above its average at 62.37x. and a 36-month beta value of 0.85. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 0 as “overweight,” 11 as “hold,” and 1 as “sell.”
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The average price predicted for International Business Machines Corporation (IBM) by analysts is $140.22, which is $12.61 above the current market price. The public float for IBM is 903.33M, and at present, short sellers hold a 2.89% of that float. On May 24, 2023, the average trading volume of IBM was 4.82M shares.
IBM) stock’s latest price update
The stock price of International Business Machines Corporation (NYSE: IBM) has surged by 0.53 when compared to previous closing price of 127.50, but the company has seen a 3.82% gain in its stock price over the last five trading sessions. The Wall Street Journal reported on 05/17/23 that IBM, Google Give $150 Million for U.S.-Japan Quantum-Computing Push
IBM Trading at 1.45% from the 50-Day Moving Average
After a stumble in the market that brought IBM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.34% of loss for the given period.
Volatility was left at 1.31%, however, over the last 30 days, the volatility rate increased by 1.34%, as shares surge +1.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.07% upper at present.
During the last 5 trading sessions, IBM rose by +3.82%, which changed the moving average for the period of 200-days by -3.25% in comparison to the 20-day moving average, which settled at $124.60. In addition, International Business Machines Corporation saw -9.02% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IBM starting from KAVANAUGH JAMES J, who sale 38,519 shares at the price of $133.73 back on Feb 01. After this action, KAVANAUGH JAMES J now owns 74,467 shares of International Business Machines Corporation, valued at $5,151,038 using the latest closing price.
Del Bene Robert F, the VP, Controller of International Business Machines Corporation, sale 3,000 shares at $148.36 during a trade that took place back on Nov 22, which means that Del Bene Robert F is holding 14,553 shares at $445,088 based on the most recent closing price.
Stock Fundamentals for IBM
Current profitability levels for the company are sitting at:
- +12.83 for the present operating margin
- +51.71 for the gross margin
The net margin for International Business Machines Corporation stands at +2.95. The total capital return value is set at 10.34, while invested capital returns managed to touch 2.61. Equity return is now at value 8.80, with 1.40 for asset returns.
Based on International Business Machines Corporation (IBM), the company’s capital structure generated 246.14 points at debt to equity in total, while total debt to capital is 71.11. Total debt to assets is 42.45, with long-term debt to equity ratio resting at 220.47. Finally, the long-term debt to capital ratio is 63.69.
When we switch over and look at the enterprise to sales, we see a ratio of 2.66, with the company’s debt to enterprise value settled at 0.31. The receivables turnover for the company is 3.81 and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
To sum up, International Business Machines Corporation (IBM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
