Shares of Technology sector company International Business Machines moved 1.2% today, and are now trading at a price of $284.85. The Large-Cap stock's daily volume was 1,805,317 compared to its average volume of 4,925,777. The S&P 500 index returned a 0.0% performance.
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company is based in Armonk and has 270,300 full time employees. Its market capitalization is $265,338,601,472. International Business Machines currently offers its equity investors a dividend that yields 2.4% per year.
19 analysts are following International Business Machines and have set target prices ranging from $198.0 to $350.0 per share. On average, they have given the company a rating of hold. At today's prices, IBM is trading 1.28% away from its average analyst target price of $281.25 per share.
Over the last year, IBM's share price has increased by 27.4%, which represents a difference of 12.3% when compared to the S&P 500. The stock's 52 week high is $296.16 per share whereas its 52 week low is $203.51. International Business Machines's average free cash flow over the last 5 years has been $12.16 Billion, but they have been decreasing at an average rate of -2.4%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 13,445,000 | 1,048,000 | 12,397,000 | -2.28 |
| 2023 | 13,931,000 | 1,245,000 | 12,686,000 | 39.58 |
| 2022 | 10,435,000 | 1,346,000 | 9,089,000 | -15.33 |
| 2021 | 12,796,000 | 2,062,000 | 10,734,000 | -31.1 |
| 2020 | 18,197,000 | 2,618,000 | 15,579,000 | 24.79 |
| 2019 | 14,770,000 | 2,286,000 | 12,484,000 |
