On July, 17 Analysts See $3.03 EPS for International Business Machines Corporation (IBM)

June 27, 2018 - By Maria Fierro

During Q1 2018 the big money sentiment increased to 1.11. That’s change of 0.08, from 2017Q4’s 1.03. 60 investors sold all, 560 reduced holdings as International Business Machines Corporation ratio is positive. 570 increased holdings while 117 funds amassed holdings. Funds hold 501.15 million shares thus 0.58% less from 2017Q4’s 504.07 million shares.
London Co Of Virginia holds 0.01% of its capital in International Business Machines Corporation (NYSE:IBM) for 9,647 shs. Gamble Jones Investment Counsel invested 0.33% of its capital in International Business Machines Corporation (NYSE:IBM). Catawba Mgmt Va reported 30,387 shs stake. Los Angeles Mngmt & Equity holds 0.07% of its capital in International Business Machines Corporation (NYSE:IBM) for 75,066 shs. Guardian Cap Advisors Ltd Partnership holds 0.51% of its capital in International Business Machines Corporation (NYSE:IBM) for 23,264 shs. 11,740 are held by Buckingham Asset Management Ltd Liability. Harding Loevner L P reported 0% stake. United Capital Finance Advisers Llc holds 279,844 shs or 0.33% of its capital. Lpl Ltd Company, a California-based fund reported 199,487 shs. Salem Investment Counselors accumulated 18,165 shs. Bb&T Secs Ltd Company has invested 0.23% in International Business Machines Corporation (NYSE:IBM). Somerset Tru stated it has 6,175 shs. 6,392 were reported by Brave Asset. Mairs Pwr Inc reported 121,905 shs stake. Integral Derivatives Llc accumulated 6,144 shs.

International Business Machines Corporation had 2 selling transactions and 1 buy since January 31, 2018. This’s net activity of $2.69 million. Clementi Erich sold 13,000 shs worth $2.01M. WADDELL FREDERICK H had bought 610 shs worth $99,659 on Wednesday, January 31.

On July, 17 International Business Machines Corporation (NYSE:IBM)’s earnings report is awaited by WallStreet, according to Zacks. Analysts forecast $3.03 EPS, which is $0.06 up or 2.02 % from 2017’s $2.97 EPS. In case of $3.03 EPS IBM’s profit could reach $2.78B. Wall Street predicts 23.67 % EPS growth as of July, 17. The stock decreased 0.06% or $0.09 during the last trading session, hitting $138.99.International Business Machines Corporation has volume of 172,325 shares. Since June 27, 2017 IBM has declined 6.24% and is downtrending. The stock underperformed the S&P500 by 18.81%.

International Business Machines Corporation (NYSE:IBM) Ratings Coverage

Total analysts of 12 have positions in IBM (NYSE:IBM) as follows: 6 rated it a “Buy”, 2 with “Sell” and 4 with “Hold”. The positive are 50%. Since January 3, 2018 according to StockzIntelligence Inc IBM has 18 analyst reports. On Friday, January 19 RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) with “Buy” rating. The stock rating was maintained by J.P. Morgan with “Hold” on Friday, January 19. On Friday, March 9 the rating was maintained by Stifel Nicolaus with “Buy”. The company rating was maintained by Bank of America on Thursday, January 18. On Friday, January 19 the rating was maintained by Stifel Nicolaus with “Buy”. On Friday, January 19 Berenberg maintained International Business Machines Corporation (NYSE:IBM) rating. Berenberg has “Sell” rating and $125.0 target. On Wednesday, January 17 the firm earned “Overweight” rating by Barclays Capital. On Wednesday, April 18 the rating was maintained by Stifel Nicolaus with “Buy”. On Wednesday, March 21 Morgan Stanley maintained the shares of IBM in report with “Buy” rating. On Tuesday, April 17 the company was maintained by RBC Capital Markets.

International Business Machines Corporation provides information technology services and products worldwide.The firm is worth $127.59 billion. The Company’s Cognitive Solutions segment includes Watson, a cognitive computing platform that interacts in natural language, processes big data, and learns from interactions with people and computers.22.8 is the P/E ratio. The companyÂ’s Cognitive Solutions segment also offers data and analytics solutions, including analytics and data management platforms, cloud data services, enterprise social software, talent management solutions, and solutions tailored by industry; and transaction processing software that runs mission-critical systems in banking, airlines, and retail industries.

For more International Business Machines Corporation (NYSE:IBM) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Streetinsider.com, Prnewswire.com or Seekingalpha.com. The titles are as follows: “IBM: Available At A Discount To Pessimism” posted on June 25, 2018, “IBM: A Long Work-In-Progress” on June 14, 2018, “Rambus (RMBS) Renews License With IBM (IBM) for Five-years” with a publish date: June 27, 2018, “IBM Acquires Oniqua, Strengthens Leading IoT Capabilities to Help Businesses Proactively Maintain Vital Assets” and the last “IBM: The Boring Company” with publication date: June 25, 2018.

International Business Machines Corporation (NYSE:IBM) Institutional Investors Chart

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