Stock To Watch: International Business Machines Corporation (NYSE:IBM)


The leading market experts have placed a mean price target of $156.10 on International Business Machines Corporation (NYSE:IBM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $4.95 a share for the upcoming quarter and $13.51 for the current fiscal.

Technical View

The technical analysis of International Business Machines plainly substantiates that the 50-day moving average of International Business Machines is $160.46, and stock is trading $-2.14 points away or -1.33% from its 50-day moving average of $160.46. Further it is trading $8.87 or +5.93% away its 200-day moving average of $149.45. International Business Machines Corporation (NYSE:IBM) 52-week high is $164.95 and the 52-week low is $116.90.

This explains if the stock moves $-6.63, it will post a 52-week high. In event of +35.43% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of International Business Machines, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, International Business Machines Corporation (NYSE:IBM) ratio came in at 12.87.

The stock last ended the trading session at $158.32 and registered a market cap of $151.33B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. International Business Machines Corporation (NYSE:IBM) PEG ratio is at 4.11.

1 Chart Pattern Every Investor Should Know

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