Search This Blog

Wednesday, October 16, 2013

$ibm decline in perspective

In after hours, IBM is approaching 175. This allows for a GAAP Trailing multiple of 12.2.

Management also maintained their 2015 $20 eps. Thereby placing a forward multiple of 8.75. (Stock price of 175/20.)

The report just doesn't look as bad as these numbers are suggesting. 

No comments:

Post a Comment