International Business Machines Corporation (NYSE:IBM) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts have issued an average rating of "Hold" for International Business Machines Corporation (IBM), with one sell, nine hold, seven buy, and one strong buy recommendations.
• The average 12-month target price for IBM shares among analysts is $275.00, with some brokerages raising their target prices above this figure.
• IBM reported a quarterly earnings per share (EPS) of $2.80, exceeding analyst expectations, and revealed a planned quarterly dividend of $1.68 per share.

International Business Machines Corporation (NYSE:IBM - Get Free Report) has been given an average recommendation of "Hold" by the eighteen research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $275.00.

Several brokerages recently issued reports on IBM. Stifel Nicolaus increased their target price on shares of International Business Machines from $290.00 to $310.00 and gave the stock a "buy" rating in a research note on Wednesday, July 16th. Wedbush increased their target price on shares of International Business Machines from $300.00 to $325.00 and gave the stock an "outperform" rating in a research note on Friday, June 20th. JPMorgan Chase & Co. increased their target price on shares of International Business Machines from $244.00 to $290.00 and gave the stock a "neutral" rating in a research note on Thursday, July 24th. The Goldman Sachs Group increased their target price on shares of International Business Machines from $270.00 to $310.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Finally, Melius Research raised shares of International Business Machines to a "strong-buy" rating in a research note on Monday, July 7th.

International Business Machines Trading Up 5.3%

NYSE:IBM opened at $281.76 on Friday. The firm's fifty day moving average is $254.09 and its 200-day moving average is $257.72. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.87 and a current ratio of 0.91. International Business Machines has a 52 week low of $203.51 and a 52 week high of $296.16. The firm has a market cap of $261.86 billion, a P/E ratio of 45.74, a P/E/G ratio of 4.12 and a beta of 0.71.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The technology company reported $2.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.15. The business had revenue of $16.98 billion for the quarter, compared to analyst estimates of $16.58 billion. International Business Machines had a net margin of 9.11% and a return on equity of 37.62%. International Business Machines's revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.43 earnings per share. International Business Machines has set its FY 2025 guidance at EPS. Equities analysts expect that International Business Machines will post 10.78 earnings per share for the current year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were paid a $1.68 dividend. This represents a $6.72 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, August 8th. International Business Machines's dividend payout ratio (DPR) is 109.09%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Family CFO Inc bought a new position in shares of International Business Machines in the second quarter valued at $25,000. Winnow Wealth LLC bought a new position in shares of International Business Machines in the second quarter valued at $27,000. Christopher J. Hasenberg Inc bought a new position in shares of International Business Machines in the first quarter valued at $27,000. SSA Swiss Advisors AG bought a new position in shares of International Business Machines in the first quarter valued at $28,000. Finally, Highline Wealth Partners LLC raised its holdings in shares of International Business Machines by 85.0% in the second quarter. Highline Wealth Partners LLC now owns 111 shares of the technology company's stock valued at $33,000 after purchasing an additional 51 shares during the last quarter. 58.96% of the stock is owned by institutional investors.

International Business Machines Company Profile

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.

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