EPS for International Business Machines Corp. (IBM) Expected At $2.72

July 5, 2017 - By Winifred Garcia

 EPS for International Business Machines Corp. (IBM) Expected At $2.72
Investors sentiment is 0.91 in Q4 2016. Its the same as in 2016Q3. It has no change, as 83 investors sold International Business Machines Corp. shares while 629 reduced holdings. only 113 funds opened positions while 533 raised stakes. 547.10 million shares or 2.12% more from 535.77 million shares in 2016Q3 were reported.
Moreover, Wealthtrust has 0.01% invested in International Business Machines Corp. (NYSE:IBM) for 100 shares. Hall Laurie J Trustee invested 0.26% of its portfolio in International Business Machines Corp. (NYSE:IBM). Olstein Cap L P reported 21,000 shares stake. 3,074 are held by Keating Counselors Inc. California Public Employees Retirement Systems holds 2.54M shares or 0.71% of its portfolio. Shell Asset Management holds 0.91% or 203,412 shares in its portfolio. Ironwood Invest Counsel Ltd Llc holds 2.16% or 29,151 shares. Commerzbank Aktiengesellschaft Fi reported 178,885 shares or 0.44% of all its holdings. First Quadrant Limited Partnership Ca holds 60,308 shares. Creative Planning owns 138,228 shares or 0.14% of their US portfolio. Montag A & Associate holds 0.86% of its portfolio in International Business Machines Corp. (NYSE:IBM) for 43,987 shares. Cadence National Bank & Trust Na reported 20,222 shares. Huntington Bancshares stated it has 0.61% of its portfolio in International Business Machines Corp. (NYSE:IBM). 5,540 are owned by Endurance Wealth Management. Solaris Asset Management Limited Co has 5,150 shares.

Since February 7, 2017, it had 1 insider buy, and 2 sales for $732,394 activity. $99,674 worth of stock was sold by KAVANAUGH JAMES J on Tuesday, February 7. $895,900 worth of International Business Machines Corp. (NYSE:IBM) was sold by Gherson Diane J.

Analysts expect International Business Machines Corp. (NYSE:IBM) to report $2.72 EPS on July, 17.They anticipate $0.23 EPS change or 7.80 % from last quarter’s $2.95 EPS. IBM’s profit would be $2.59 billion giving it 14.25 P/E if the $2.72 EPS is correct. After having $2.38 EPS previously, International Business Machines Corp.’s analysts see 14.29 % EPS growth. About 114 shares traded. International Business Machines Corp. (NYSE:IBM) has risen 4.86% since July 5, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

International Business Machines Corp. (NYSE:IBM) Ratings Coverage

Among 26 analysts covering International Business Machines (NYSE:IBM), 7 have Buy rating, 5 Sell and 14 Hold. Therefore 27% are positive. International Business Machines had 71 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of IBM in report on Tuesday, July 19 with “Market Perform” rating. Oppenheimer initiated the shares of IBM in report on Tuesday, August 16 with “Perform” rating. The stock of International Business Machines Corp. (NYSE:IBM) has “Hold” rating given on Wednesday, January 20 by Deutsche Bank. Stifel Nicolaus maintained International Business Machines Corp. (NYSE:IBM) on Thursday, January 12 with “Buy” rating. On Tuesday, July 19 the stock rating was maintained by JMP Securities with “Market Outperform”. The stock of International Business Machines Corp. (NYSE:IBM) earned “Neutral” rating by Citigroup on Tuesday, July 19. The company was maintained on Wednesday, April 12 by Bernstein. Deutsche Bank maintained it with “Hold” rating and $145 target in Tuesday, July 19 report. The firm earned “Underperform” rating on Wednesday, October 12 by Credit Suisse. The firm earned “Neutral” rating on Tuesday, July 19 by Goldman Sachs.

International Business Machines Corporation is a technology company. The company has market cap of $147.83 billion. The Firm operates through five divisions: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. It has a 12.79 P/E ratio. The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems.

More notable recent International Business Machines Corp. (NYSE:IBM) news were published by: Fool.com which released: “How International Business Machines Corporation Makes Most of Its Money” on June 27, 2017, also Fool.com with their article: “Better Buy: International Business Machines Corporation vs. Oracle” published on June 13, 2017, Seekingalpha.com published: “5 Minute Valuation Of IBM” on July 03, 2017. More interesting news about International Business Machines Corp. (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM Is A Solid Buy At Current Levels” published on June 21, 2017 as well as Fool.com‘s news article titled: “Forget International Business Machines Corporation: Here Are 3 Better Dividend …” with publication date: June 19, 2017.

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