Is IBM going to split?
Apr 13, 2022 · IBM: Get the latest IBM stock price and detailed information including IBM news, historical charts and realtime prices.
Should I sell IBM?
IBM | Complete International Business Machines Corp. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
When will IBM split?
Oct 21, 2021 · Why IBM Stock Plunged Today By Joe Tenebruso - Oct 21, 2021 at 6:29PM You’re reading a free article with opinions that may differ from …
Why IBM is in decline?
Oct 21, 2021 · Why IBM Shares Are Falling Today International Business Machines Corp (NYSE: IBM) is trading lower Thursday after the company announced worse-than-expected third-quarter revenue results. IBM...
Why did IBM go down today?
International Business Machines Corp (NYSE: IBM) is trading lower Thursday after the company announced worse-than-expected third-quarter revenue results. IBM reported quarterly earnings of $2.52 per share, which beat the estimate of $2.50 per share.Oct 21, 2021
Is IBM a good buy now?
IBM recently reported better than expected results. With a supportive macroeconomic environment and company-specific initiatives, IBM can post mid-single-digit revenue growth and high single-digit FCF growth in the medium term. The stock looks attractive trading at ~13x P/E and with ~5% dividend yield.Feb 18, 2022
Is IBM a good stock?
Yes, IBM is still a great dividend stock. And even if it wasn't, I wouldn't mind buying IBM shares at the affordable valuation ratio of 12 times forward earnings just because I expect impressive stock returns over the next couple of decades.Mar 9, 2022
Can IBM stock recover?
We believe the stock has potential for nearly 10% growth in the near term, as it is expected to recover beyond $135 (the price at which it was trading at the start of the year). Due to the Covid-19 crisis, organizations started shifting towards the cloud which has been the sole silver lining for IBM's revenue.Sep 30, 2021
Is IBM stock overvalued?
The S&P 500's overall PEG is currently about 0.9; IBM's PEG is 1.48, suggesting IBM is slightly overvalued after accounting for its growth. Price-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks.Oct 21, 2021
Who owns IBM today?
IBM primarily generates revenue today through its five segments: Cloud & Cognitive Software; Global Business Services; Global Technology Services; Systems; and Global Financing. The top shareholders of IBM are James Whitehurst, Arvind Krishna, James Kavanaugh, Vanguard Group Inc., BlackRock Inc., and State Street Corp.
Is IBM a buy hold or sell?
Stockchase rating for IBM is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Why did IBM fail?
IBM was failing to compete with the new breed of innovative software companies and hardware producers who could make computers much more cheaply. "Prices for mainframe computers dropped, eventually they dropped by 90%," says Mr Heller. "This was an immense blow to IBM.Apr 4, 2005
Is IBM a buy or hold?
IBM stock is presently not a buy. Like most tech stocks, the IBM chart is messy. The encouraging news is that IBM stock is trading above its 50-day moving average and is positioned right at the 200-day line.Feb 1, 2022
Will IBM grow again?
IBM Corp. surprised investors today with third-quarter revenue growth that undershot investor expectations by nearly $200 million, although the top line grew in businesses other than the Kyndryl Holdings Inc.Oct 20, 2021
Is there a future for IBM?
IBM's future growth outlook still is uncertain, but the company has some growth initiatives in place that could result in a better performance going forward, compared to what IBM has done over the last couple of years.Jan 27, 2022
What is happening with IBM?
ARMONK, N.Y., November 3, 2021 - IBM (NYSE: IBM) announced today that it has completed the separation of its managed infrastructure services business to Kyndryl. Starting on November 4, 2021, Kyndryl will begin “regular way” trading on the New York Stock Exchange under the symbol “KD.”Nov 3, 2021
What happened
So what
Shares of IBM ( IBM 1.81% ) fell 9.5% on Thursday after the global technology company's third-quarter results came up short of investors' expectations.
NYSE: IBM
IBM's revenue inched up 0.3% year over year to $17.6 billion. Wall Street had been anticipating sales of nearly $17.8 billion.
Now what
IBM's sluggish third-quarter growth metrics disappointed investors. Image source: Getty Images.
Premium Investing Services
Still, IBM continues to produce bountiful cash flow. It generated operating and adjusted free cash flow of $16.1 billion and $11.1 billion, respectively, which were both up slightly from the prior-year quarter. The tech giant is prudently using some of that cash to pay down debt and return cash to shareowners.
Third Quarter 2021 Financial Results
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Year to Date 2021 Results of IBM stock
IBM stock generated $17.6 billion in revenue in the third quarter of 2021. The stock missed the analyst expectation of analysts’ expectations of $17.77 billion however, revenue increased 0.2% year-over-year.
Cash Flow and Balance Sheet of IBM stock
IBM stock generated 54.1 billion in revenue in the nine months ended September 30, 2021. This represents a 1.6 percent year-to-year increase as compared to $53.3 billion in the same tenure of the previous year. IBM stock recorded a 9 percent year-to-year decrease in the net income of $3.4 billion in the nine months ended September 30, 2021.
Segment Results of IBM stock
The company recorded $2.7 billion in net cash from operating activities in the third quarter of 2021. The free cash flow of the company was $0.6 billion including $0.6 billion cash related to the company’s structural actions and costs regarding the separation of Kyndryl. The company paid $1.5 billion to shareholders in dividends.
Wrap Up
The company reported $5.7 billion in revenue from Cloud & Cognitive Software. Revenues from Global Business Services reached $4.4 billion and Global Technology Services revenues were $6.2 billion in the reported quarter.
How much did IBM lose in 2020?
Investors are responding negatively to the recent announcement of third-quarter 2021 financial results. In the last six months, IBM has lost almost 8%.
Who is the CEO of IBM?
The company did, however, continue to crank out cash. IBM's 2020 full-year free cash flow checked in at $10.8 billion.
What is the Motley Fool's recommendation for Amazon?
IBM CEO Arvind Krishna is asking investors to remain patient as IBM executes its turnaround strategy, but the company's lackluster cloud growth is making it more difficult for shareholders to remain optimistic. Many decided to sell their shares on Friday rather than continue to wait for IBM's growth to rebound.
Is IBM streamlining its business?
The Motley Fool owns shares of and recommends Amazon and Microsoft and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. The Motley Fool has a disclosure policy.
How much did IBM stock recover in 2010?
That was slightly below the nearly $20.7 billion Wall Street had expected. IBM is streamlining its business to focus more on its cloud operations. However, the shift isn't progressing as well as many analysts anticipated.
How much will IBM be worth in 2021?
Further, IBM’s stock recovered strongly post the 2008 crisis to about $95 in early 2010 – rising by about 44% between March 2009 and January 2010, as against the S&P which bounced back by about 48% over the same period. In comparison, IBM’s stock lost 37% of its value between 19th February and 23rd March 2020, and has already recovered 35% ...
How much is Q1 2021 revenue?
We expect IBM’s revenues to be above $74 billion for 2021. Further, its net income is likely to increase to $11.2 billion, increasing its EPS figure to $12.66 in 2021, which coupled with the P/E multiple of 11.1x will lead to IBM’s valuation of $140, which is 5% lower than the current market price.
Is IBM stock going up in 2020?
Q1 2021 revenue was recorded at $17.7 billion, up 1% y-o-y while operating income was recorded at $905 million, up from $-45 million in the same period of the previous year. Earnings fell to $1.07 for the quarter compared to $1.31 in the same quarter of the previous year. (Q1 2020 earnings were higher due to a tax benefit of $1.2 billion).
