IBM, the International Business Machines Corporation, is currently priced at $232.29, reflecting a positive price change of $4.25 (1.86%) from the previous close of $228.05. The trading volume stands at $2.28 million, representing a 35% increase relative to the average volume.
IBM's latest quarterly earnings report, announced on Tuesday, April 21st, revealed a consensus estimate EPS of 1.82.
With a forward dividend yield of 2.91%, IBM distributes a dividend per share MRQ of $1.68 and a trailing twelve months dividend per share of $8.41.
HSBC's recent grading update on April 28 suggests a "Hold" rating for IBM, indicating a potential upgrade.
IBM's financial health shows a free cash flow of $4.78 billion, albeit with a net change in cash of -$2.78 billion. Operating cash flow remains strong at $5.17 billion.
Revenue for IBM stands at $15.92 billion, with a gross profit of $8.95 billion. The net income reported is $1.22 billion, resulting in an EPS of $1.3.
Key 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 shows total assets of $156.23 billion and total liabilities of $123.17 billion. The company maintains a net debt of $59.78 billion.
This report provides insights into IBM's performance, financial metrics, and analyst ratings, indicating a positive outlook amidst current market conditions.
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.