3M Co (NYSE: MMM) on Friday, soared 0.13% from the previous trading day, before settling in for the closing price of $129.75. Within the past 52 weeks, MMM’s price has moved between $75.65 and $141.34.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 0.07%. The company achieved an average annual earnings per share of -5.46%. With a float of $544.08 million, this company’s outstanding shares have now reached $544.56 million.
Considering the fact that the conglomerate employs 85000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 43.09%, operating margin of 18.67%, and the pretax margin is 18.79%.
3M Co (MMM) Breakdown of a Key Holders of the stock
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 67.86%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -5.46% 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 2.48. Likewise, its price to free cash flow for the trailing twelve months is 95.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.92, a number that is poised to hit 1.67 in the next quarter and is forecasted to reach 7.91 in one year’s time.
Technical Analysis of 3M Co (MMM)
Compared to the last year’s volume of 4.69 million, its volume of 3.21 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 27.74%. Additionally, its Average True Range was 2.54.
During the past 100 days, 3M Co’s (MMM) raw stochastic average was set at 71.14%, which indicates a significant increase from 29.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.54% in the past 14 days, which was lower than the 38.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $131.37, while its 200-day Moving Average is $113.14. Nevertheless, the first resistance level for the watch stands at $130.42 in the near term. At $130.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $131.67. If the price goes on to break the first support level at $129.17, it is likely to go to the next support level at $128.41. Now, if the price goes above the second support level, the third support stands at $127.91.
3M Co (NYSE: MMM) Key Stats
Market capitalization of the company is 70.84 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.
