The price-to-earnings ratio for International Business Machines Corp. (NYSE: IBM) is above average at 20.29x, while the 36-month beta value is 0.76.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 11 as “hold,” and 1 as “sell.”

The average price point forecasted by analysts for International Business Machines Corp. (IBM) is $147.21, which is -$5.68 below the current market price. The public float for IBM is 912.38M, and currently, short sellers hold a 2.84% ratio of that floaft. The average trading volume of IBM on November 20, 2023 was 3.98M shares.

IBM) stock’s latest price update

International Business Machines Corp. (NYSE: IBM) has seen a decline in its stock price by -0.11 in relation to its previous close of 153.06. However, the company has experienced a 2.60% gain in its stock price over the last five trading sessions. 24/7 Wall Street reported 2023-11-19 that Over the last year and a half, interest rates have jumped from historical lows of literally 0% to the highest level since 2007 at 5.5%.

IBM’s Market Performance

IBM’s stock has risen by 2.60% in the past week, with a monthly rise of 10.78% and a quarterly rise of 7.46%. The volatility ratio for the week is 1.06% while the volatility levels for the last 30 days are 1.33% for International Business Machines Corp. The simple moving average for the last 20 days is 5.16% for IBM stock, with a simple moving average of 12.51% for the last 200 days.

Analysts’ Opinion of IBM

Many brokerage firms have already submitted their reports for IBM stocks, with RBC Capital Mkts repeating the rating for IBM by listing it as a “Outperform.” The predicted price for IBM in the upcoming period, according to RBC Capital Mkts is $188 based on the research report published on September 20, 2023 of the current year 2023.

IBM Trading at 6.01% 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 -0.30% of loss for the given period.

Volatility was left at 1.33%, however, over the last 30 days, the volatility rate increased by 1.06%, as shares surge +11.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.53% upper at present.

During the last 5 trading sessions, IBM rose by +2.60%, which changed the moving average for the period of 200-days by +12.10% in comparison to the 20-day moving average, which settled at $146.18. In addition, International Business Machines Corp. saw 8.52% in overturn over a single year, with a tendency to cut further gains.

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 Corp., valued at $5,151,038 using the latest closing price.

Del Bene Robert F, the VP, Controller of International Business Machines Corp., 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 Corp. 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 32.89, with 5.56 for asset returns.

Based on International Business Machines Corp. (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 3.02, 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

In a nutshell, International Business Machines Corp. (IBM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.