IBM (NYSE:IBM) Getting Neutral Media Coverage, Analysis Finds

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Press coverage about IBM (NYSE:IBM) has been trending neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. IBM earned a media sentiment score of 0.38 on their scale. InfoTrie also gave media stories about the technology company an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have effected IBM’s ranking:

IBM opened at $137.61 on Friday. IBM has a 12-month low of $105.94 and a 12-month high of $152.95. The company has a current ratio of 1.09, a quick ratio of 1.04 and a debt-to-equity ratio of 3.40. The business’s fifty day simple moving average is $139.08 and its 200-day simple moving average is $138.57. The company has a market capitalization of $122.12 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 2.16 and a beta of 1.34.

IBM (NYSE:IBM) last posted its quarterly earnings results on Wednesday, October 16th. The technology company reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.67 by $0.01. IBM had a return on equity of 67.12% and a net margin of 10.00%. The business had revenue of $18.03 billion for the quarter, compared to the consensus estimate of $18.29 billion. During the same quarter in the prior year, the company earned $3.42 EPS. The business’s revenue was down 3.9% compared to the same quarter last year. On average, equities research analysts predict that IBM will post 12.8 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 8th will be given a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date of this dividend is Thursday, November 7th. IBM’s payout ratio is 46.92%.

Several equities analysts have commented on the company. Tigress Financial reaffirmed a “hold” rating on shares of IBM in a research report on Friday, July 26th. Stifel Nicolaus set a $169.00 price objective on IBM and gave the company a “buy” rating in a research report on Tuesday, October 15th. ValuEngine downgraded IBM from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 30th. UBS Group downgraded IBM from a “buy” rating to a “neutral” rating and cut their price objective for the company from $170.00 to $140.00 in a research report on Monday, October 21st. Finally, KeyCorp reaffirmed a “hold” rating on shares of IBM in a research report on Monday, August 26th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $154.33.

IBM Company Profile

International Business Machines Corporation operates as an integrated technology and services company worldwide. Its Cognitive Solutions segment offers a portfolio of enterprise artificial intelligence platforms, such as analytics and data management platforms, cloud data services, talent management, and industry solutions primarily under the Watson Platform, Watson Health, and Watson Internet of Things names.

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