Digging Up the Facts on International Business Machines Corporation (IBM)

International Business Machines Corporation (IBM) is an interesting player in the Technology space, with a focus on Information Technology Services. The stock has been active on the tape, currently trading at $146.87, up from yesterday’s close by 0.20%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

International Business Machines Corporation (IBM) currently trades with a market capitalization of $135.22 Billion. That value represents a market adjusting for revenues that have been growing by 5.05 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $14.01 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $3.05 on a per share basis this quarter. Perhaps, that suggests something about why 0.22% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how IBM has been acting. Looking at the stock’s movement on the chart, International Business Machines Corporation recorded a 52-week high of $171.13. It is now trading 24.26% off that level. The stock is trading $146.82 its 50-day moving average by -0.050000000000011%. The stock carved out a 52-week low down at $139.13.

In recent action, International Business Machines Corporation (IBM) has made a move of +1.78% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.58% with $916.94 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of IBM.

Previous articleTaking a Look at the Data Behind Mylan N.V. (MYL)
Next articleDropbox, Inc. (DBX): What’s the Story?