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

June 19, 2017 - By Hazel Jackson

 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.
First Heartland Consultants has 3,546 shares for 0.18% of their portfolio. Jpmorgan Chase holds 0.12% or 3.06 million shares in its portfolio. Thomas J Herzfeld invested 0.05% in International Business Machines Corp. (NYSE:IBM). Illinois-based Inspirion Wealth Advsr Limited Liability has invested 0.33% in International Business Machines Corp. (NYSE:IBM). Bank & Trust holds 0.06% or 1,078 shares. Conning Incorporated stated it has 201,454 shares. Legacy Ptnrs Inc holds 1.16% or 11,489 shares in its portfolio. Fdx Advsr Inc invested 0.15% in International Business Machines Corp. (NYSE:IBM). Mutual Of America Cap Mgmt Limited Liability holds 0.32% or 102,459 shares in its portfolio. Moreover, Pictet Cie (Europe) has 0.13% invested in International Business Machines Corp. (NYSE:IBM). Sand Hill Global Advsr Limited Liability reported 0.11% stake. Capital Inv Counsel has invested 0.74% in International Business Machines Corp. (NYSE:IBM). Newman Dignan Sheerar invested in 0.2% or 2,015 shares. Moreover, Howe & Rusling has 0.32% invested in International Business Machines Corp. (NYSE:IBM). Victory Management Incorporated holds 0.02% or 48,206 shares in its portfolio.

Since February 7, 2017, it had 1 insider purchase, and 2 insider sales for $732,394 activity. Shares for $99,674 were sold by KAVANAUGH JAMES J on Tuesday, February 7. Gherson Diane J had sold 5,000 shares worth $895,900. $263,180 worth of International Business Machines Corp. (NYSE:IBM) was bought by OWENS JAMES W on Tuesday, May 16.

Analysts await International Business Machines Corp. (NYSE:IBM) to report earnings on July, 17. They expect $2.72 earnings per share, down 7.80 % or $0.23 from last year’s $2.95 per share. IBM’s profit will be $2.57 billion for 14.31 P/E if the $2.72 EPS becomes a reality. After $2.38 actual earnings per share reported by International Business Machines Corp. for the previous quarter, Wall Street now forecasts 14.29 % EPS growth. About 732 shares traded. International Business Machines Corp. (NYSE:IBM) has risen 4.86% since June 19, 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 has $192 highest and $110 lowest target. $156.16’s average target is 0.30% above currents $155.69 stock price. International Business Machines had 71 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained International Business Machines Corp. (NYSE:IBM) on Tuesday, October 18 with “Underperform” rating. Morgan Stanley maintained International Business Machines Corp. (NYSE:IBM) rating on Thursday, March 31. Morgan Stanley has “Overweight” rating and $168 target. RBC Capital Markets maintained the shares of IBM in report on Friday, January 15 with “Sector Perform” rating. The stock of International Business Machines Corp. (NYSE:IBM) earned “Hold” rating by Deutsche Bank on Tuesday, July 19. The stock of International Business Machines Corp. (NYSE:IBM) earned “Sell” rating by Societe Generale on Wednesday, April 19. Drexel Hamilton initiated the stock with “Buy” rating in Friday, October 9 report. Barclays Capital maintained International Business Machines Corp. (NYSE:IBM) on Tuesday, October 18 with “Underweight” rating. The rating was maintained by Credit Suisse with “Underperform” on Wednesday, October 12. The firm earned “Buy” rating on Thursday, August 27 by S&P Research. The stock has “Neutral” rating by JP Morgan on Tuesday, April 19.

International Business Machines Corporation is a technology company. The company has market cap of $147.08 billion. The Firm operates through five divisions: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. It has a 12.77 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: Investorplace.com which released: “Trade the ‘Buffett Hole’ in International Business Machines Corp. (IBM) Stock” on June 08, 2017, also Seekingalpha.com with their article: “IBM: Big Blue Is Fading” published on May 23, 2017, Fool.com published: “Better Buy: International Business Machines Corporation vs. Oracle” on June 13, 2017. More interesting news about International Business Machines Corp. (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM And The Case For Dividends” published on June 16, 2017 as well as Investorplace.com‘s news article titled: “International Business Machines Corp. (IBM) Leads the Silicon Race” with publication date: June 07, 2017.

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