EPS for International Business Machines Corporation (IBM) Expected At $3.03

June 14, 2018 - By James Guidry

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.08, from 1.03 in 2017Q4. It increased, as 60 investors sold International Business Machines Corporation shares while 560 reduced holdings. 117 funds opened positions while 570 raised stakes. 501.15 million shares or 0.58% less from 504.07 million shares in 2017Q4 were reported.
Bridgewater Associates Limited Partnership accumulated 26,686 shares. Blackrock has 0.44% invested in International Business Machines Corporation (NYSE:IBM) for 59.87M shares. Arizona State Retirement Systems reported 222,303 shares stake. Cibc Asset Mngmt, Ontario – Canada-based fund reported 78,366 shares. Nebraska-based America First Investment Advisors Ltd Liability Co has invested 0.02% in International Business Machines Corporation (NYSE:IBM). Meridian Mngmt Communication holds 0.6% or 8,544 shares in its portfolio. The Massachusetts-based Crestwood Advisors Grp Ltd Co has invested 0.15% in International Business Machines Corporation (NYSE:IBM). Spears Abacus Advisors Limited Liability Corp has 0.15% invested in International Business Machines Corporation (NYSE:IBM). Metropolitan Life Com Ny holds 159,963 shares. 12,250 were accumulated by Pettee Investors Inc. Counselors owns 0.45% invested in International Business Machines Corporation (NYSE:IBM) for 61,361 shares. Stephens Ar invested 0.32% in International Business Machines Corporation (NYSE:IBM). Chevy Chase owns 0.51% invested in International Business Machines Corporation (NYSE:IBM) for 754,222 shares. Ironwood Invest Management Limited Liability Corporation invested 0.77% in International Business Machines Corporation (NYSE:IBM). Tudor Inv Corp Et Al invested in 0.03% or 5,664 shares.

Since January 31, 2018, it had 1 insider purchase, and 2 sales for $2.69 million activity. $99,659 worth of International Business Machines Corporation (NYSE:IBM) shares were bought by WADDELL FREDERICK H. Another trade for 5,000 shares valued at $780,000 was made by Gherson Diane J on Monday, February 26.

Analysts expect International Business Machines Corporation (NYSE:IBM) to report $3.03 EPS on July, 17.They anticipate $0.06 EPS change or 2.02 % from last quarter’s $2.97 EPS. IBM’s profit would be $2.78B giving it 11.99 P/E if the $3.03 EPS is correct. After having $2.45 EPS previously, International Business Machines Corporation’s analysts see 23.67 % EPS growth. The stock decreased 0.69% or $1.01 during the last trading session, reaching $145.34. About 2.25 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.24% since June 14, 2017 and is downtrending. It has underperformed by 18.81% the S&P500.

International Business Machines Corporation (NYSE:IBM) Ratings Coverage

Among 12 analysts covering IBM (NYSE:IBM), 6 have Buy rating, 2 Sell and 4 Hold. Therefore 50% are positive. IBM had 18 analyst reports since January 3, 2018 according to SRatingsIntel. RBC Capital Markets upgraded the stock to “Outperform” rating in Wednesday, January 3 report. The firm has “Buy” rating given on Tuesday, April 17 by RBC Capital Markets. The stock of International Business Machines Corporation (NYSE:IBM) earned “Hold” rating by J.P. Morgan on Friday, January 19. The stock has “Buy” rating by Morgan Stanley on Friday, March 9. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by GBH Insights on Thursday, January 18. The rating was maintained by Wedbush with “Hold” on Thursday, January 18. Stifel Nicolaus maintained International Business Machines Corporation (NYSE:IBM) rating on Friday, January 19. Stifel Nicolaus has “Buy” rating and $182.0 target. The rating was maintained by RBC Capital Markets with “Buy” on Friday, January 19. J.P. Morgan maintained the stock with “Hold” rating in Wednesday, April 18 report. As per Thursday, January 18, the company rating was maintained by Bank of America.

International Business Machines Corporation provides information technology services and products worldwide. The company has market cap of $133.42 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 23.85 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: Seekingalpha.com which released: “Many Large US Firms Sell, Hire And Invest More Overseas Than In US And They Have To Think Globally, Not …” on June 14, 2018, also 247Wallst.com with their article: “US Builds World’s Most Powerful Supercomputer” published on June 09, 2018, Seekingalpha.com published: “IBM: Not Worth It” on June 14, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “IBM Unveils an AI Supercomputer” published on June 11, 2018 as well as Prnewswire.com‘s news article titled: “Artificial Intelligence (AI) Takes a Giant Leap Forward With Blockchain Infusion” with publication date: June 14, 2018.

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

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