International Business Machines Corp (NYSE:IBM) shares, rose in value on Wednesday, March 26, with the stock price up by 0.18% to the previous day’s close as strong demand from buyers drove the stock to $250.34.
Actively observing the price movement in the last trading, the stock closed the session at $249.90, falling within a range of $249.53 and $254.32. The value of beta (5-year monthly) was 0.734 whereas the PE ratio was 39.01 over 12-month period. Referring to stock’s 52-week performance, its high was $266.45, and the low was $162.62. On the whole, IBM has fluctuated by -2.87% over the past month.
With the market capitalization of International Business Machines Corp currently standing at about $232.13 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-28. The company’s Forward Dividend Ratio is 6.68, with its dividend yield at 2.67%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 65B, with a low estimate of 14.26B and a high estimate of 14.72B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14.41B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IBM’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 7.36, with the price of IBM currently trading nearly -0.03% and 1.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.51, while the 7-day volatility ratio is showing 2.20% which for the 30-day chart, stands at 2.86%. Furthermore, International Business Machines Corp (IBM)’s beta value is 0.66, and its average true range (ATR) is 6.96.
A comparison of International Business Machines Corp (IBM) with its peers suggests the former has fared considerably weaker in the market. IBM showed an intraday change of 0.18% in last session, and over the past year, it grew by 31.18%%.
Data on historical trading for International Business Machines Corp (NYSE:IBM) indicates that the trading volumes over the past 10 days have averaged 4.75 and over the past 3 months, they’ve averaged 4.66 million. According to company’s latest data on outstanding shares, there are 927.26 million shares outstanding.
Nearly 0.09% of International Business Machines Corp’s shares belong to company insiders and institutional investors own 63.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 18.62 million shares as on 2025-03-14, resulting in a short ratio of 3.89. According to the data, the short interest in International Business Machines Corp (IBM) stood at 223.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 18.12 million. The stock has risen by 13.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IBM stock heading into the next quarter.
