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By 1981 its stock price had declined by 22%. [165] IBM's earnings for the first half of the year grew by 5.3% – one third of the inflation rate – while those of Digital Equipment Corporation (DEC) grew by more than 35%. [164]
Thanks to the rising stock price, its price-to-earnings (P/E) ratio is now 39, well above the S&P 500 average of 30. Admittedly, the forward P/E ratio is a more modest 23, which may have helped ...
When looking at IBM stock, the valuation metric that stands out to me is its price-to-free-cash-flow ratio of 18, which measures the company's $215.2 billion market capitalization against the $12. ...
While IBM raised revenue growth guidance to mid-single-digits for the year, it may not be enough to inspire a rapid increase in the stock price. Moreover, the stock price has risen by almost 60% ...
Technology veteran IBM (NYSE: IBM) is catching some tailwinds nowadays. The stock has gained more than 45% over the last year, boosted by the market frenzy for artificial intelligence (AI) experts.
Shares of the veteran tech giant are near an all-time high.
The stock recently received a strong buy signal from several Wall Street analysts, with an average forecast price target increase of 14.18 percent as of Aug. 26, 2024, according to Tipranks. 3 ...
IBM's stock is currently trading at about 17 times its next 12-month's expected earnings versus its 2-year historical average of about 14 times, while its peers were trading at about 20 times, per ...