(VIANEWS) – The NYSE ended the session with International Business Machines (IBM) rising 9% to $189.58 on Thursday while NYSE rose 0.57% to $16,865.16.
International Business Machines’s last close was $173.93, 1.37% above its 52-week high of $171.58.
About International Business Machines
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company has collaboration agreement with Siemens Digital Industri Software to develop a combined software solution. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
Earnings Per Share
As for profitability, International Business Machines has a trailing twelve months EPS of $7.76.
PE Ratio
International Business Machines has a trailing twelve months price to earnings ratio of 24.43. Meaning, the purchaser of the share is investing $24.43 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 32.78%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, International Business Machines’s stock is considered to be oversold (<=20).
Earnings Before Interest, Taxes, Depreciation, and Amortization
International Business Machines’s EBITDA is 50.86.
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