On Friday, 3M Co (NYSE: MMM) was 0.86% up from the session before settling in for the closing price of $127.32. A 52-week range for MMM has been $75.65 – $141.34.
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Annual sales at Industrials sector company grew by 0.07% over the past five years. When this article was written, the company’s average yearly earnings per share was at -4.89%. With a float of $544.05 million, this company’s outstanding shares have now reached $552.58 million.
Let’s look at the performance matrix of the company that is accounted for 85000 employees. In terms of profitability, gross margin is 43.09%, operating margin of 18.67%, and the pretax margin is 18.79%.
3M Co (MMM) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward 3M Co stocks. The insider ownership of 3M Co is 0.09%, while institutional ownership is 67.82%. The most recent insider transaction that took place on Nov 20 ’24, was worth 131,925. In this transaction Sr Vice President & CAO of this company sold 1,033 shares at a rate of $127.71, taking the stock ownership to the 4,388 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Officer proposed sale 1,033 for $127.71, making the entire transaction worth $131,925.
3M Co (MMM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -4.89% per share during the next fiscal year.
3M Co (NYSE: MMM) Trading Performance Indicators
You can see what 3M Co (MMM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.47. Likewise, its price to free cash flow for the trailing twelve months is 95.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.92, a number that is poised to hit 1.68 in the next quarter and is forecasted to reach 7.93 in one year’s time.
Technical Analysis of 3M Co (MMM)
3M Co (NYSE: MMM) saw its 5-day average volume 2.47 million, a negative change from its year-to-date volume of 4.79 million. As of the previous 9 days, the stock’s Stochastic %D was 16.70%. Additionally, its Average True Range was 2.67.
During the past 100 days, 3M Co’s (MMM) raw stochastic average was set at 70.01%, which indicates a significant increase from 34.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.06% in the past 14 days, which was lower than the 38.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $132.56, while its 200-day Moving Average is $109.32. Nevertheless, the first resistance level for the watch stands at $129.14 in the near term. At $129.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $131.25. If the price goes on to break the first support level at $127.03, it is likely to go to the next support level at $125.65. Assuming the price breaks the second support level, the third support level stands at $124.92.
3M Co (NYSE: MMM) Key Stats
There are 544,559K outstanding shares of the company, which has a market capitalization of 70.54 billion. As of now, sales total 32,681 M while income totals -6,995 M. Its latest quarter income was 6,294 M while its last quarter net income were 1,372 M.
