$3.28 EPS Expected for International Business Machines Corp. (IBM)

September 17, 2017 - By Dolores Ford

 $3.28 EPS Expected for International Business Machines Corp. (IBM)
Investors sentiment is 0.91 in Q4 2016. Its the same as in 2016Q3. It is flat, 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.
Community & Invest owns 2,837 shares. Quest Mngmt Or invested 0.21% of its portfolio in International Business Machines Corp. (NYSE:IBM). Professional Advisory Svcs Inc holds 0.2% or 5,117 shares. Gamco Invsts Inc Et Al owns 12,073 shares. Violich Capital Management Incorporated, a California-based fund reported 1,050 shares. Pillar Pacific Mgmt Ltd invested 0.97% in International Business Machines Corp. (NYSE:IBM). Moreover, Strategic Advisors Llc has 0.45% invested in International Business Machines Corp. (NYSE:IBM) for 5,130 shares. 2,275 were reported by Nadler Fin. Vaughan David Invs Il owns 153,512 shares for 1.36% of their portfolio. Lbmc Inv Advsr Ltd Limited Liability Company has invested 0.11% in International Business Machines Corp. (NYSE:IBM). Gfs Advsr Llc, Texas-based fund reported 3,030 shares. 13,479 were reported by Ntv Asset Management Ltd Liability Com. Hodges Cap Mgmt Inc has 0.02% invested in International Business Machines Corp. (NYSE:IBM) for 3,000 shares. Northstar Asset reported 5,255 shares or 0.39% of all its holdings. Bp Public Limited Com owns 119,000 shares or 0.74% of their US portfolio.

Since May 16, 2017, it had 1 buying transaction, and 0 insider sales for $263,180 activity.

Analysts expect International Business Machines Corp. (NYSE:IBM) to report $3.28 EPS on October, 16.They anticipate $0.01 EPS change or 0.30 % from last quarter’s $3.29 EPS. IBM’s profit would be $3.06B giving it 11.04 P/E if the $3.28 EPS is correct. After having $2.97 EPS previously, International Business Machines Corp.’s analysts see 10.44 % EPS growth. The stock decreased 0.49% or $0.72 on September 15, reaching $144.82. About 7.40M shares traded or 96.81% up from the average. International Business Machines Corp. (NYSE:IBM) has risen 4.86% since September 17, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

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

Among 29 analysts covering International Business Machines (NYSE:IBM), 8 have Buy rating, 5 Sell and 16 Hold. Therefore 28% are positive. International Business Machines had 97 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained International Business Machines Corp. (NYSE:IBM) on Monday, January 18 with “Sector Perform” rating. The stock has “Underweight” rating by Barclays Capital on Tuesday, July 19. Drexel Hamilton maintained the stock with “Buy” rating in Tuesday, July 19 report. Barclays Capital initiated it with “Underweight” rating and $146 target in Wednesday, October 14 report. The stock has “Buy” rating by Morgan Stanley on Wednesday, August 23. Jefferies maintained International Business Machines Corp. (NYSE:IBM) on Tuesday, July 19 with “Underperform” rating. The firm has “Overweight” rating by Morgan Stanley given on Thursday, February 18. The stock of International Business Machines Corp. (NYSE:IBM) has “Underperform” rating given on Wednesday, October 12 by Credit Suisse. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, January 12 report. Goldman Sachs maintained International Business Machines Corp. (NYSE:IBM) on Tuesday, October 18 with “Neutral” rating.

International Business Machines Corporation is a technology company. The company has market cap of $134.96 billion. The Firm operates through five divisions: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. It has a 12.03 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: Seekingalpha.com which released: “IBM, Food Giants And Blockchain Technology” on August 30, 2017, also Seekingalpha.com with their article: “International Business Machines’ (IBM) Management Presents at Morgan Stanley …” published on September 11, 2017, Fool.com published: “Better Buy: International Business Machines Corporation vs. Google” on August 30, 2017. More interesting news about International Business Machines Corp. (NYSE:IBM) were released by: Seekingalpha.com and their article: “Buy IBM Ahead Of The Pack” published on August 25, 2017 as well as Seekingalpha.com‘s news article titled: “Could This Be IBM’s Revenue Catalyst?” with publication date: August 29, 2017.

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