More than 500 businesses around the world chosen International Business Machines Corporation (NYSE:IBM) Garage

International Business Machines Corporation (NYSE:IBM) announced that more than 500 businesses around the world have chosen the IBM Garage to help them power their digital reinventions with hybrid cloud and artificial intelligence (AI). Companies including ADP, Cemex, the Kraft Heinz Company and the Government of Nova Scotia are leveraging the IBM Garage to help create cultures of open collaboration and continuous learning and to drive lasting business outcomes.

The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a International Business Machines Corporation (NYSE:IBM) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. International Business Machines Corporation (NYSE:IBM) Diluted EPS is 11.78, whereas the EPS Estimate for next year is 14.17. The Annual EPS Growth of past 5 years is -5.20% and International Business Machines Corporation (NYSE:IBM) yearly performance is 0.31% and net profit margin is 11.00%. 

Key Performance indicators for International Business Machines Corporation (NYSE:IBM), in last 4 months the performance of IBM was -2.27% while its price to sale ratio is 1.56 and price to book ratio is 7.44. Company gross margin stands at 46.70% whereas its return on investment (ROI) is 17.20%. 

On 28 June 2019, International Business Machines Corporation (NYSE:IBM), a Technology sector firm, traded 6.13 Million shares in last trading session and stock fell -0.45% with closing price of $137.90 per share. with International Business Machines Corporation (NYSE:IBM) traded 6.13 Million shares. The IBM distance from 20 day simple moving average is 2.05% and distance from 50-Day simple moving average is 1.43%.The relative strength index for stock is 55.14 and Average true range of IBM is 1.86. 

Analyst’s mean target price for IBM is $147.21 while analysts mean recommendation is 2.60. The Stock value has moved between $106.08 – 154.94 in last one year. IBM market capitalization is 122817.87 with beta of 1.26. Company has 0.10% insider ownership. 

International Business Machines Corporation (NYSE:IBM) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 3 of Thomson Reuters analysts, 13 given HOLD rating to the stock and 2 given UNDERPERFORM rating. Buy rating has been given by 4 analysts to the company stock. 

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