In the most recent session, International Business Machines Corporation (NYSE:IBM) shares have traded N/A. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $1.35 away from the 50-day moving average of $143.20 and $-11.29 away from the 200-day moving average of $155.84. From a different angle, the stock has been recently recorded -20.92% off of the 52-week high of 182.79 and +3.90% removed from the 52-week low of 139.13.
Currently, International Business Machines has a price to earnings ratio of 12.00. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 4.47.
Price Target Update
Analysts polled by Thomson Reuters have set a consensus target price of $159.86 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.