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IBM

Why the Market Dipped But IBM (IBM) Gained Today

By Advanced AI EditorJuly 1, 2007No Comments3 Mins Read
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In the latest close session, IBM (IBM) was up +1.37% at $285.87. This move outpaced the S&P 500’s daily loss of 0.01%. Elsewhere, the Dow saw a downswing of 0.32%, while the tech-heavy Nasdaq appreciated by 0.05%.

Heading into today, shares of the technology and consulting company had lost 0.43% over the past month, lagging the Computer and Technology sector’s gain of 7.44% and the S&P 500’s gain of 5.37%.

Analysts and investors alike will be keeping a close eye on the performance of IBM in its upcoming earnings disclosure. The company’s earnings report is set to go public on July 23, 2025. The company is predicted to post an EPS of $2.64, indicating a 8.64% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $16.58 billion, indicating a 5.13% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates project earnings of $10.94 per share and a revenue of $66.24 billion, demonstrating changes of +5.91% and +5.56%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for IBM. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts’ positivity towards the business operations and its ability to generate profits.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.03% decrease. IBM is currently a Zacks Rank #4 (Sell).

In terms of valuation, IBM is presently being traded at a Forward P/E ratio of 25.77. This denotes a premium relative to the industry average Forward P/E of 19.71.

One should further note that IBM currently holds a PEG ratio of 5.92. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company’s projected earnings growth. By the end of yesterday’s trading, the Computer – Integrated Systems industry had an average PEG ratio of 4.21.

The Computer – Integrated Systems industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 50, finds itself in the top 21% echelons of all 250+ industries.



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