Shares of Technology sector company International Business Machines moved 0.7% today, and are now trading at a price of $141.43. The large-cap stock's daily volume was 319,502 compared to its average volume of 4,428,686. The S&P 500 index returned a -0.4% performance.
International Business Machines Corporation provides integrated solutions and services worldwide. The company is based in Armonk and has 282,100 full time employees. Its market capitalization is $126,762,057,728. International Business Machines currently offers its equity investors a dividend that yields 4.7% per year.
17 analysts are following IBM and have set target prices ranging from $111 to $165 per share. On average, they have given the company a rating of hold. At today's prices, IBM is trading -1.44% away from its average analyst target price of $143.49 per share.
Over the last year, IBM's share price has increased by 7.3%, which represents a difference of 19.7% when compared to the S&P 500. The stock's 52 week high is $153.21 per share whereas its 52 week low is $115.55. IBM's average free cash flow over the last four years has been $12,3 Billion, but they have been decreasing at an average rate of -3.4%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
|---|---|---|---|---|
| 2021-12-31 | 12,796 | -2,768 | 10,028 | -33.0 |
| 2020-12-31 | 18,197 | -3,230 | 14,967 | 26.17 |
| 2019-12-31 | 14,770 | -2,907 | 11,863 | n/a |
