IBM, the International Business Machines Corporation, is currently priced at $231.45, marking a $3.4 increase from the previous close of $228.05. The price change represents a 1.49% increase, with a trading volume of $2.11 million, up by 32.39% compared to the average.
IBM's latest quarterly earnings report, released on Tuesday, April 21st, revealed a consensus estimate EPS of 1.82.
With a forward dividend yield of 2.92%, IBM distributes dividends at $1.68 per share on a quarterly basis. The year-over-year dividend per share has increased by 0.5997 cents, with a trailing twelve months dividend per share at $8.41.
HSBC recently upgraded IBM's grade to "Hold," suggesting a positive outlook for the stock.
IBM's free cash flow stands at $4.78 billion, with notable cash inflows from operating activities at $5.17 billion. The company made significant debt repayments of $-4.51 billion during the period.
IBM reported a revenue of $15.92 billion, generating a gross profit of $8.95 billion. The company's net income amounted to $1.22 billion, translating to an EPS of $1.3.
Key financial ratios for IBM include a net profit margin of 7.64%, return on equity of 3.69%, and a price-to-earnings ratio of 46.77.
IBM's financial position includes total assets of $156.23 billion and total liabilities of $123.17 billion, with a net debt of $59.78 billion.
This real-time financial report provides insights into IBM's current performance and financial health.
International Business Machines Corporation 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, such as Red Hat, an enterprise open-source 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 was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.