IBM's stock price is currently at $231.53, reflecting a price increase of $3.48 (1.53%) from the previous close at $228.05. Trading volume is notable at $1.51 million, representing a 23.09% increase compared to the average.
IBM's latest quarterly earnings report, announced on April 21st, revealed a consensus estimated EPS of 1.82.
With a forward dividend yield of 2.92%, IBM offers a dividend per share MRQ of $1.68 and a trailing twelve months (TTM) of $8.41.
HSBC upgraded IBM's grade to 'Hold' on April 28th, suggesting a positive outlook.
IBM's free cash flow stands at $4.78 billion, with operating cash flow at $5.17 billion. Notably, the company made acquisitions resulting in a net cash decrease.
The company reported a revenue of $15.92 billion and a gross profit of $8.95 billion. Operating income reached $1.36 billion, with a net income of $1.22 billion. Earnings per share (EPS) is at $1.3.
Key ratios show a gross profit margin of 56.23%, net profit margin of 7.64%, and a return on equity of 3.69.
IBM's total assets amount to $156.23 billion, with total liabilities at $123.17 billion. The company holds $10.82 billion in cash and cash equivalents.
This comprehensive report highlights IBM's positive stock performance, earnings outlook, dividends, financial grades, cash flow, income statement figures, key ratios, and balance sheet metrics.
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.