3M Co (NYSE: MMM) on Tuesday, plunged -1.31% from the previous trading day, before settling in for the closing price of $132.89. Within the past 52 weeks, MMM’s price has moved between $75.65 and $141.34.
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During the last 5-year period, the sales growth of Industrials Sector giant was 0.07%. The company achieved an average annual earnings per share of -4.89%. With a float of $544.08 million, this company’s outstanding shares have now reached $544.56 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Conglomerates industry stocks is more important than anything else. 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) Earnings and Forecasts
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
3M Co (MMM) is currently performing well based on its current performance indicators. A quick ratio of 1.08 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50. Likewise, its price to free cash flow for the trailing twelve months is 96.64.
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)
Looking closely at 3M Co (NYSE: MMM), its last 5-days average volume was 2.53 million, which is a drop from its year-to-date volume of 4.74 million. As of the previous 9 days, the stock’s Stochastic %D was 67.21%. Additionally, its Average True Range was 2.61.
During the past 100 days, 3M Co’s (MMM) raw stochastic average was set at 74.82%, which indicates a significant increase from 52.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.55% 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 $132.31, while its 200-day Moving Average is $110.97. However, in the short run, 3M Co’s stock first resistance to watch stands at $132.67. Second resistance stands at $134.20. The third major resistance level sits at $135.16. If the price goes on to break the first support level at $130.18, it is likely to go to the next support level at $129.22. Should the price break the second support level, the third support level stands at $127.69.
3M Co (NYSE: MMM) Key Stats
Market capitalization of the company is 71.42 billion based on 544,559K outstanding shares. Right now, sales total 32,681 M and income totals -6,995 M. The company made 6,294 M in profit during its latest quarter, and 1,372 M in sales during its previous quarter.
