3M Company (NYSE: MMM) started the day on March 26, 2021, with a price increase of 0.92% at $194.88. During the day, the stock rose to $194.95 and sunk to $192.21 before settling in for the price of $193.10 at the close. Taking a more long-term approach, MMM posted a 52-week range of $130.61-$193.36.
The Industrials Sector giants’ yearly sales growth during the last 5-year period was 1.20%. Meanwhile, its Annual Earning per share during the time was 4.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.40%. This publicly-traded company’s shares outstanding now amounts to $578.80 million, simultaneously with a float of $575.66 million. The organization now has a market capitalization sitting at $111.89 billion. At the time of writing, stock’s 50-day Moving Average stood at $179.72, while the 200-day Moving Average is $168.43.
While finding the extent of efficiency of the company that is accounted for 94987 employees. It has generated 338,825 per worker during the last fiscal year. Meanwhile, its income per employee was 56,681. The stock had 6.78 Receivables turnover and 0.70 Total Asset turnover. For the Profitability, stocks gross margin was +48.47, operating margin was +21.61 and Pretax Margin of +20.85.
3M Company (MMM) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Industrial Machinery Industry. 3M Company’s current insider ownership accounts for 0.19%, in contrast to 67.10% institutional ownership. According to the most recent insider trade that took place on Feb 17, this organization’s Senior Vice President sold 50 shares at the rate of 177.15, making the entire transaction reach 8,857 in total value, affecting insider ownership by 0. Preceding that transaction, on Jan 29, Company’s Executive Vice President sold 30,875 for 175.53, making the whole transaction’s value amount to 5,419,520. This particular insider is now the holder of 48,280 in total.
3M Company (MMM) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported $2.38 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $2.15) by $0.23. This company achieved a net margin of +16.73 while generating a return on equity of 46.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.23 per share during the current fiscal year.
3M Company’s EPS increase for this current 12-month fiscal period is 18.40% and is forecasted to reach 10.43 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.16% through the next 5 years, which can be compared against the 4.00% growth it accomplished over the previous five years trading on the market.
3M Company (NYSE: MMM) Trading Performance Indicators
Let’s observe the current performance indicators for 3M Company (MMM). It’s Quick Ratio in the last reported quarter now stands at 1.40. The Stock has managed to achieve an average true range (ATR) of 3.47. Alongside those numbers, its PE Ratio stands at $21.07, and its Beta score is 0.95. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.48. Similarly, its price to free cash flow for trailing twelve months is now 34.70.
In the same vein, MMM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.25, a figure that is expected to reach 2.30 in the next quarter, and analysts are predicting that it will be 10.43 at the market close of one year from today.
Technical Analysis of 3M Company (MMM)
If we take a close look at the recent performances of 3M Company (NYSE: MMM), its last 5-days Average volume was 2.62 million that shows plunge from its year to date volume of 2.92 million. During the previous 9 days, stock’s Stochastic %D was recorded 90.54% While, its Average True Range was 3.44.
Raw Stochastic average of 3M Company (MMM) in the period of the previous 100 days is set at 99.80%, which indicates a major rise in contrast to 99.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 18.48% that was lower than 21.64% volatility it exhibited in the past 100-days period.