Market Update (NYSE:IBM): IBM’s Announces A Universal Platform For Data Science

[at Forbes] – IBM wants to take the balkanized world of data, made up of disparate islands and transform it into a single, unified environment in which we can work effectively.Read more on this. International Business Machines Corporation (IBM), with a current value of $147.79B, opened this morning at $153.09. Today, shares have traded between $153.07 and $153.95 per share and has traded between $116.90 and $173.78 over the past 12 months. Priced at 11.32x this year’s forecasted earnings, IBM shares are relatively inexpensive compared to the industry’s 14.68x forward p/e ratio. And for dividend hunters, the company pays shareholders $5.60 per share annually in dividends, yielding 3.66%. Consensus earnings for the current quarter by the 19 sell-side analysts covering the stock is an estimate of $2.88 per share, which…


Link to Full Article: Market Update (NYSE:IBM): IBM’s Announces A Universal Platform For Data Science