Saturday, 17 February, 2018

What Do Analysts Say About International Business Machines Corporation (IBM)

IBM is seen at the SIBOS banking and financial conference in Toronto Going Through the Figures for Helios and Matheson Analytics Inc. (HMNY) and International Business Machines Corporation (IBM)?
Nellie Chapman | 19 January, 2018, 02:12

It has underperformed by 12.01% the S&P500. These analysts have also projected a Low Estimate of $4.9/share and a High Estimate of $5.3/share. Kynikos Associates Lp who had been investing in Toyota Motor Corp for a number of months, seems to be bullish on the $208.56 billion market cap company. The stock increased 0.70% or $1.21 during the last trading session, reaching $174.8. About 7.62M shares traded or 110.54% up from the average. Viad Corp (NYSE:VVI) has risen 43.02% since January 17, 2017 and is uptrending. It has outperformed by 80.48% the S&P500. After $1.90 actual EPS reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -9.47% negative EPS growth.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 23. During the same period in the previous year, the firm posted $3.29 EPS. sell-side analysts expect that International Business Machines Corp. will post 13.79 earnings per share for the current fiscal year. The stock is cheap at the more traditional P/E measure of 12x the $13.80 estimate.

Bangor Savings Bank increased its stake in Intl. The company operates in the Technology sector with a market capitalization of 156.75 Million. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return. (NYSE:MDC) or 26,250 shares. Therefore 65% are positive.

IBM has been the subject of a number of analyst reports. On Tuesday, October 20 the stock rating was maintained by RBC Capital Markets with "Sector Perform". The stock now has a consensus rating of "Hold" and a consensus price target of $162.17. (NYSE:MDC) earned "In-Line" rating by Evercore on Wednesday, January 3. The rating was maintained by Stifel Nicolaus on Friday, January 8 with "Buy". The firm earned "Hold" rating on Tuesday, December 12 by Wells Fargo. Brean Capital has "Buy" rating and $128 target. The rating was maintained by JP Morgan on Friday, October 23 with "Overweight". Credit Suisse has "Underperform" rating and $110 target. Its up 0.02, from 0.72 in 2017Q2. It worsened, as 73 investors sold AMZN shares while 549 reduced holdings. 39 funds opened positions while 66 raised stakes. IBM said the new business operations are "strategic imperatives". Standpoint Research upgraded the shares of IBM in report on Wednesday, July 19 to "Buy" rating. Grandfield & Dodd Ltd Liability Company, New York-based fund reported 7,332 shares. Pggm Investments stated it has 1.65M shares or 1.18% of all its holdings. Products Prtnrs Lc reported 186,850 shares. At a certain point in the past four quarters, the shares traded as low as $139.13 but made a 21.22% recovery since then. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. 3,588 were reported by Ameritas Investment Ptnrs. Grisanti Capital Mgmt Lc holds 784 shares or 0.05% of its portfolio. Tru Of Toledo Na Oh invested 0.11% of its portfolio in CSX Corporation (NASDAQ:CSX).

Perhaps, that suggests something about why 0.21% of the outstanding share supply is held by institutional investors. Its up 0.02, from 0.72 in 2017Q2.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The company reported a fourth-quarter loss of $1.05 billion, or $1.14 a share, compared with net income of $4.5 billion, or $4.72 a share, in the year-ago period. Asset Advsrs reported 0.05% in CSX Corporation (NASDAQ:CSX). (NASDAQ:QLYS). Syntal Capital Prns Limited Liability Com invested in 15,271 shares or 0.57% of the stock. Martingale Asset Ltd Partnership accumulated 0.82% or 421,896 shares. Manufacturers Life Insur The holds 0.18% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 1.05 million shares. The correct version of this report can be read at https://registrarjournal.com/2018/01/18/international-business-machines-corp-ibm-shares-sold-by-tcw-group-inc.html. Cantor Fitzgerald reissued a "hold" rating and set a $154.00 price objective on shares of International Business Machines in a research report on Friday, October 13th. 17,905 are held by Amg Trust National Bank.

The stock of Briggs & Stratton Corporation (NYSE:BGG) hit a new 52-week high and has $27.79 target or 3.00% above today's $26.98 share price. Penobscot Mgmt accumulated 24,246 shares. Daiwa Securities Gp Inc has invested 0.04% of its portfolio in International Business Machines Corporation (NYSE:IBM). Capstone Inc invested 0.38% of its portfolio in International Business Machines Corporation (NYSE:IBM). Goldman Sachs Group holds 0% in Viad Corp (NYSE:VVI) or 95,800 shares. Stoneridge Investment Prns Ltd Liability has invested 1.17% of its portfolio in International Business Machines Corporation (NYSE:IBM). Glenmede Tru Communications Na owns 178,350 shares. (NASDAQ:AMZN) for 432,563 shares. International Business Machines now has a consensus rating of "Hold" and a consensus target price of $163.32. Therefore 94% are positive. The company was maintained on Tuesday, August 15 by RBC Capital Markets.

The stock of International Business Machines Corporation and KEMET Corporation were two of the most active stocks on Wednesday. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The rating was maintained by Barclays Capital on Tuesday, October 18 with "Underweight". As per Monday, January 18, the company rating was maintained by RBC Capital Markets.