International Business Machines (NYSE:IBM) Announces Quarterly Earnings Results, Beats Expectations By $0.15 EPS

International Business Machines (NYSE:IBM) posted its earnings results on Wednesday. The technology company reported $3.92 EPS for the quarter, beating the consensus estimate of $3.77 by $0.15, Zacks reports. International Business Machines had a return on equity of 40.37% and a net margin of 9.60%. International Business Machines updated its FY 2025 guidance to EPS.

International Business Machines Trading Down 1.3 %

NYSE IBM traded down $3.36 during trading hours on Friday, hitting $254.91. 1,405,330 shares of the company were exchanged, compared to its average volume of 4,321,302. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 2.16. International Business Machines has a 52 week low of $162.62 and a 52 week high of $261.80. The stock has a market cap of $235.70 billion, a PE ratio of 39.82, a price-to-earnings-growth ratio of 4.25 and a beta of 0.74. The stock has a 50-day moving average price of $225.96 and a 200 day moving average price of $213.86.

International Business Machines Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Monday, February 10th will be issued a $1.67 dividend. This represents a $6.68 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Monday, February 10th. International Business Machines’s dividend payout ratio (DPR) is presently 104.21%.

Insider Buying and Selling

In other news, SVP Nickle Jaclyn Lamoreaux sold 3,600 shares of International Business Machines stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $215.20, for a total transaction of $774,720.00. Following the sale, the senior vice president now owns 25,390 shares of the company’s stock, valued at approximately $5,463,928. The trade was a 12.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.07% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on IBM shares. Stifel Nicolaus boosted their target price on shares of International Business Machines from $205.00 to $246.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Bernstein Bank boosted their target price on International Business Machines from $185.00 to $210.00 and gave the company a “market perform” rating in a research report on Thursday, October 3rd. Sanford C. Bernstein raised their price objective on International Business Machines from $210.00 to $215.00 and gave the company a “market perform” rating in a research note on Friday, January 3rd. BMO Capital Markets lifted their price target on shares of International Business Machines from $260.00 to $280.00 and gave the company a “market perform” rating in a research report on Thursday. Finally, StockNews.com cut shares of International Business Machines from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $225.53.

International Business Machines Company Profile

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.