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IBM (IBM) stockwashes as a market win: what you should know



IBM (IBM) closed at $ 132.28 in the last trading session, marking a -0.08% move from the previous day. This change delayed the S & P 500's daily gain of 0.16%. Elsewhere, Dow achieved 0.26% while the tech-heavy Nasdaq added 0.29%.

Prior to today's trading, shares in the technology and consulting firm had lost 4.5% over the past month. This has been narrower than the data technology sectors' loss of 7.21% and delayed S & P 500's loss of 3.66% in that time.

Investors will hope for strength from IBM as it approaches the next earnings release. The company is expected to report EPS of $ 3.06, a decrease of 0.65% from the previous quarter. Meanwhile, our latest consensus estimate requires revenue of $ 19.11 billion, a decrease of 4.45% from the previous quarter.

IBM's annual consensus calculations for Zacks require earnings of $ 13.89 per share and a revenue of $ 76.82 billion. These results will represent annual changes of + 0.58% and -3.49%, respectively.

Investors should also note any recent changes in analyst estimates for IBM. Recent revisions tend to reflect the latest near-term developments. With this in mind, we can consider positive estimate revisions as a sign of optimism about the company's business outlook.

Based on our research, we believe that these estimates are directly related to stock movements in close range. We developed the Zacks Rank to take advantage of this phenomenon. Our system takes these estimate changes into account and provides a clear, usable assessment model.

The Zacks Rank system, which ranges from # 1 (Strong Buy) to # 5 (Strong Sell), has an impressive outline of external overhaul, with # 1 shares generating an average annual return of + 25% Since 1988, within the last 30 days, our consensus EPS projection remains stagnant. IBM is currently a Zacks Rank # 3 (Hold).

Valuation is also important, so investors should note that IBM has a Forward P / E ratio of 9.53 right now. Its industry sports an average Forward P / E of 11.27, so we can conclude that IBM is trading at a discount relative.

It is also worth noting that IBM currently has a PEG ratio of 2.41. This metric is used in the same way as the famous P / E ratio, but the PEG ratio also takes into account the stock's expected earnings growth. Computer – Integrated Systems shares on average a PEG ratio of 2.41 based on yesterday's closing price.

The Computer-Integrated Systems industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 166, which puts it at the bottom 36% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our surveys show that top 50% rated industries exceed the bottom half by a factor of 2 to 1.

You can find more information on all these calculations, and much more, at Zacks.com.

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