Shares of Industrials sector company Thermo Fisher Scientific moved -2.3% today, and are now trading at a price of $570.83. The Large-Cap stock's daily volume was 434,832 compared to its average volume of 1,367,798. The S&P 500 index returned a 0.0% performance.
Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company is based in Waltham and has 122,000 full time employees. Its market capitalization is $217,894,338,560. Thermo Fisher Scientific currently offers its equity investors a dividend that yields 0.2% per year.
24 analysts are following Thermo Fisher Scientific and have set target prices ranging from $553.0 to $670.0 per share. On average, they have given the company a rating of buy. At today's prices, TMO is trading -8.55% away from its average analyst target price of $624.17 per share.
Over the last year, TMO's share price has increased by 13.6%, which represents a difference of -12.6% when compared to the S&P 500. The stock's 52 week high is $603.82 per share whereas its 52 week low is $415.6. With average free cash flows of $5.88 Billion that have been growing at an average rate of 12.1% over the last 5 years, Thermo Fisher Scientific is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 8,406,000 | 1,479,000 | 6,927,000 | 0.23 |
| 2022 | 9,154,000 | 2,243,000 | 6,911,000 | 1.8 |
| 2021 | 9,312,000 | 2,523,000 | 6,789,000 | -0.38 |
| 2020 | 8,289,000 | 1,474,000 | 6,815,000 | 68.4 |
| 2019 | 4,973,000 | 926,000 | 4,047,000 | 6.92 |
| 2018 | 4,543,000 | 758,000 | 3,785,000 |
