International Business Machines (NYSE:IBM) Releases 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $0.15, Zacks reports. International Business Machines had a net margin of 9.60% and a return on equity of 40.37%. International Business Machines updated its FY 2025 guidance to EPS.

International Business Machines Stock Down 1.3 %

International Business Machines stock traded down $3.36 during mid-day trading on Friday, reaching $254.91. The company’s stock had a trading volume of 1,405,330 shares, compared to its average volume of 4,321,302. The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.01 and a current ratio of 1.06. The business’s 50 day simple moving average is $225.96 and its 200 day simple moving average is $213.86. The company has a market capitalization of $235.70 billion, a price-to-earnings ratio of 39.82, a price-to-earnings-growth ratio of 4.25 and a beta of 0.74. International Business Machines has a 12 month low of $162.62 and a 12 month high of $261.80.

International Business Machines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Monday, February 10th will be given a dividend of $1.67 per share. The ex-dividend date is Monday, February 10th. This represents a $6.68 dividend on an annualized basis and a dividend yield of 2.62%. International Business Machines’s dividend payout ratio is 104.21%.

Insiders Place Their Bets

In other news, SVP Nickle Jaclyn Lamoreaux sold 3,600 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $215.20, for a total value of $774,720.00. Following the completion of the sale, the senior vice president now directly owns 25,390 shares of the company’s stock, valued at $5,463,928. This represents a 12.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on IBM shares. StockNews.com lowered International Business Machines from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. UBS Group raised their target price on shares of International Business Machines from $150.00 to $160.00 and gave the company a “sell” rating in a report on Tuesday, January 14th. Bank of America boosted their price target on International Business Machines from $260.00 to $270.00 and gave the company a “buy” rating in a report on Thursday. Stifel Nicolaus boosted their price target on International Business Machines from $205.00 to $246.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Finally, JPMorgan Chase & Co. upped their target price on International Business Machines from $233.00 to $244.00 and gave the stock a “neutral” rating in a research note on Thursday. Two investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $225.53.

About International Business Machines

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.