Analysts See $3.43 EPS for International Business Machines Corporation (IBM)

September 15, 2018 - By Duane Lopez

Investors sentiment decreased to 0.9 in Q2 2018. Its down 0.21, from 1.11 in 2018Q1. It dived, as 62 investors sold International Business Machines Corporation shares while 617 reduced holdings. 120 funds opened positions while 493 raised stakes. 489.70 million shares or 2.28% less from 501.15 million shares in 2018Q1 were reported.
Middleton Ma holds 4,450 shares. Netherlands-based Ing Groep Nv has invested 2.09% in International Business Machines Corporation (NYSE:IBM). Levin Cap Strategies Limited Partnership accumulated 0.18% or 75,179 shares. West Oak Cap Llc accumulated 10,278 shares. Miller Inv Mngmt Lp stated it has 2,218 shares or 0.09% of all its holdings. Livingston Gru Asset Mngmt (Operating As Southport Management) has 0.64% invested in International Business Machines Corporation (NYSE:IBM) for 10,171 shares. Asset Advsr Corporation holds 0.14% or 5,700 shares in its portfolio. Nikko Asset Mngmt Americas reported 72,326 shares. The Massachusetts-based Reynders Mcveigh Capital Mgmt Ltd Llc has invested 0.68% in International Business Machines Corporation (NYSE:IBM). Bb&T Securities Limited Liability Corp, a Virginia-based fund reported 144,687 shares. Outfitter has 21,368 shares for 1.35% of their portfolio. 67,951 were accumulated by Northstar Advsrs Ltd Co. Blue Edge Capital Limited Liability reported 0% of its portfolio in International Business Machines Corporation (NYSE:IBM). The New Jersey-based Economic Planning Gru Adv has invested 0.12% in International Business Machines Corporation (NYSE:IBM). Brighton Jones Limited reported 11,229 shares.

Since August 3, 2018, it had 0 insider buys, and 1 insider sale for $1.67 million activity.

Analysts expect International Business Machines Corporation (NYSE:IBM) to report $3.43 EPS on October, 16.They anticipate $0.13 EPS change or 3.94 % from last quarter’s $3.3 EPS. IBM’s profit would be $3.13 billion giving it 10.81 P/E if the $3.43 EPS is correct. After having $3.08 EPS previously, International Business Machines Corporation’s analysts see 11.36 % EPS growth. The stock decreased 0.42% or $0.62 during the last trading session, reaching $148.33. About 3.45 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 0.56% since September 15, 2017 and is uptrending. It has underperformed by 15.06% the S&P500.

International Business Machines Corporation (NYSE:IBM) Ratings Coverage

Among 7 analysts covering IBM (NYSE:IBM), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. IBM had 9 analyst reports since March 21, 2018 according to SRatingsIntel. The stock has “Market Perform” rating by Wells Fargo on Monday, July 30. On Wednesday, March 21 the stock rating was maintained by Morgan Stanley with “Buy”. Stifel Nicolaus maintained International Business Machines Corporation (NYSE:IBM) rating on Thursday, July 19. Stifel Nicolaus has “Buy” rating and $178 target. BMO Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Thursday, July 19. BMO Capital Markets has “Market Perform” rating and $172 target. The firm has “Overweight” rating by Morgan Stanley given on Thursday, July 19. J.P. Morgan maintained the stock with “Hold” rating in Wednesday, April 18 report. The firm earned “Buy” rating on Tuesday, April 17 by RBC Capital Markets. Stifel Nicolaus maintained International Business Machines Corporation (NYSE:IBM) on Wednesday, April 18 with “Buy” rating.

International Business Machines Corporation provides information technology services and products worldwide. The company has market cap of $135.39 billion. The Company’s Cognitive Solutions segment includes Watson, a cognitive computing platform that interacts in natural language, processes big data, and learns from interactions with people and computers. It has a 23.89 P/E ratio. The companyÂ’s Cognitive Solutions segment also offers data and analytics solutions, including analytics and data management platforms, cloud data services, enterprise social software, talent management solutions, and solutions tailored by industry; and transaction processing software that runs mission-critical systems in banking, airlines, and retail industries.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Fool.com which released: “Better Buy: Cisco Systems, Inc. vs. IBM” on September 11, 2018, also Seekingalpha.com with their article: “IBM’s Price Makes Sense For Shareholders” published on September 13, 2018, Seekingalpha.com published: “Sally Beauty engages IBM iX to transform its commerce experience” on September 10, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “In Your 50s? Consider Buying These 3 Stocks” published on September 14, 2018 as well as Fool.com‘s news article titled: “3 Dividend Stocks Perfect for Retirees” with publication date: September 13, 2018.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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