On Tuesday, 3M Co (NYSE: MMM) opened higher 1.94% from the last session, before settling in for the closing price of $134.60. Price fluctuations for MMM have ranged from $75.65 to $141.34 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 0.57%. Company’s average yearly earnings per share was noted -5.52% at the time writing. With a float of $544.07 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Conglomerates industry is another important factor to consider. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.52% per share during the next fiscal year.
3M Co (NYSE: MMM) Trading Performance Indicators
Check out the current performance indicators for 3M Co (MMM). In the past 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 2.62. Likewise, its price to free cash flow for the trailing twelve months is 101.11.
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 7.82 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 4.32 million, which is a jump from its year-to-date volume of 3.77 million. As of the previous 9 days, the stock’s Stochastic %D was 80.44%. Additionally, its Average True Range was 2.72.
During the past 100 days, 3M Co’s (MMM) raw stochastic average was set at 75.48%, which indicates a significant decrease from 95.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.88% in the past 14 days, which was lower than the 21.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $130.55, while its 200-day Moving Average is $117.59. However, in the short run, 3M Co’s stock first resistance to watch stands at $138.45. Second resistance stands at $139.69. The third major resistance level sits at $141.68. If the price goes on to break the first support level at $135.22, it is likely to go to the next support level at $133.23. Now, if the price goes above the second support level, the third support stands at $131.99.
3M Co (NYSE: MMM) Key Stats
There are currently 544,559K shares outstanding in the company with a market cap of 74.72 billion. Presently, the company’s annual sales total 32,681 M according to its annual income of -6,995 M. Last quarter, the company’s sales amounted to 6,294 M and its income totaled 1,372 M.
