IT Services Stocks on Investors' Radar -- Xerox, International Business Machines, Sabre, and ServiceNow

NEW YORK, April 28, 2017 /PRNewswire/ --

Pre-market, Stock-Callers.com scans Xerox Corp. (NYSE: XRX), International Business Machines Corp. (NYSE: IBM), Sabre Corp. (NASDAQ: SABR), and ServiceNow Inc. (NYSE: NOW). Companies in the Information Technology Services space provide services such as software support, computer systems design, and data processing facilities management. Learn more about these stocks by downloading their comprehensive and free reports at:

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Xerox  

On Thursday, shares in Norwalk, Connecticut headquartered Xerox Corp. rose 0.28%, ending the day at $7.12. The stock recorded a trading volume of 7.04 million shares. The Company's shares have advanced 3.18% over the previous three months and 24.90% since the start of this year. The stock is trading above its 200-day moving average by 8.13%. Moreover, shares of Xerox, which provides document management solutions worldwide, have a Relative Strength Index (RSI) of 50.16.

On April 25^th, 2017, Xerox announced its Q1 2017 financial results. The Company delivered Q1 2017 GAAP earnings per share (EPS) from continuing operations of 2 cents. Adjusted EPS was 15 cents. Revenues were $2.45 billion in the quarter; adjusted operating margin, excluding the impact of the Fuji Xerox charge, was 11.4%; and operating cash flow was $190 million. XRX complete research report is just a click away and free at:

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International Business Machines  

Shares in Armonk, New York headquartered International Business Machines Corp. ("IBM") ended the day 0.16% higher at $160.32. A total volume of 4.12 million shares was traded, which was above their three months average volume of 3.88 million shares. The stock is trading below its 200-day moving average by 1.88%. Furthermore, shares of IBM, which provides information technology products and services worldwide, have an RSI of 20.23.

On April 19^th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $185 a share to $180 a share.

On April 26^th, 2017, IBM announced the opening of four new IBM Cloud data centers in the US to support growing enterprise demand for cloud infrastructure that can provide access to services like IoT, blockchain, quantum computing, and cognitive. The opening of two new facilities in Dallas, Texas, and two new facilities in Washington, D.C., is a key part of the Company's investment to expand its global cloud footprint in 2017. The complimentary report on IBM can be downloaded at:

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Sabre  

At the close of trading on Thursday, shares in Southlake, Texas headquartered Sabre Corp. finished 0.60% higher at $23.42 with a total trading volume of 4.10 million shares. The stock has advanced 10.58% in the last one month. The Company's shares are trading above their 50-day moving average by 8.19%. Additionally, shares of Sabre, which through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide, have an RSI of 74.27.

On April 06^th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.

On April 18^th, 2017, Sabre announced that it will host a live webcast of its Q1 2017 earnings conference call on May 02^nd, 2017 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour, and will be accessible under the Investor Relations section of the Company's website. Sign up for your complimentary research report on SABR at:

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ServiceNow  

Santa Clara, California headquartered ServiceNow Inc.'s shares recorded a trading volume of 4.69 million shares at the end of yesterday's session, which was higher than their three months average volume of 1.39 million shares. The stock closed the day 3.75% higher at $94.33. The Company's shares have advanced 9.69% in the past month, 5.42% in the previous three months, and 26.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.32% and 15.83%, respectively. Additionally, shares of ServiceNow, which provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide, have an RSI of 77.45.

On April 26^th, 2017, ServiceNow announced the financial results for its Q1 2017. Q1 2017 GAAP results included total revenues of $416.8 million, total gross profit of $300.3 million, loss from operations of $42.5 million, net loss of $40.7 million, and net cash provided by operating activities of $187.4 million.

On April 27^th, 2017, research firm RBC Capital Markets reiterated its 'Top Pick' rating on the Company's stock with an increase of the target price from $108 a share to $110 a share. Get free access to your research report on NOW at:

http://stock-callers.com/registration/?symbol=NOW

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