International Business Machines Corporation (NYSE:IBM)is likely to see a substantial cut to 2019 and 2020 earnings from the company’s pending $34 billion acquisition of open-source software giant Red Hat (RHT), Evercore ISI analyst Amit Daryanani wrote in a research note Tuesday. The analyst, who maintains his Outperform rating and $150 price target on IBM stock, says the deal could close soon, perhaps ahead of IBM’s June quarter earnings call on July 17, given recent European Commission approval of the transaction. He says that while Red Hat offers substantial.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the IBM is 0.10%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the IBM is 58.40%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that IBM. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the International Business Machines Corporation (NYSE:IBM) is -2.82%.
Institutional transactions is the amount of a International Business Machines Corporation (NYSE:IBM)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the IBM is 0.50%.
A Technology sector firm, International Business Machines Corporation (NYSE:IBM) stock advanced 0.24% on Tuesday and when day-trade ended the stock finally concluded at $140.22 and number of shares that changed hands during the day are 2.41 Million. The number of shares IBM stock currently held by all its shareholders are 890.63 and floated shares, the number of shares are available for trading in an open market on last trading day are 885.60. The average volume of shares for 3 months is 3436.24 and IBM stock value has moved between $106.23 – 154.09 in last one year.
The International Business Machines Corporation (NYSE:IBM)’s latest earnings date is 7/17/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for International Business Machines Corporation (NYSE:IBM) is 46.70% and the profit margin is 11.00% and the stock has gained 23.36% in 2019 to date.
International Business Machines Corporation (NYSE:IBM)’s monthly stock performance is 9.32%, the quarterly performance is -1.94%, the half year performance is calculated as 23.36%. The yearly performance of IBM is 0.37%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The International Business Machines Corporation (NYSE:IBM) weekly volatility is measured as 1.02% and monthly volatility measured as 1.26%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. IBM return on assets is 6.90%, the return on equity (ROE) of the International Business Machines Corporation (NYSE:IBM) is 48.30%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and IBM return on investment is 17.20%.
The price to earnings ratio is 11.90, price to sales ratio is 1.59, and price to book ratio is 7.57, price to cash per share ration is 6.93, price to free cash flow is 18.75.
Analysts mean target price for International Business Machines Corporation (NYSE:IBM) is $147.21 while analysts mean recommendation is 2.60. The current share price indicates that stock is -9.16% away from its one year high and is moving 32.36% ahead of its 52-week low. IBM’s distance from 20 day simple moving average is 2.91% and distance from 50-Day simple moving average is 3.17%.