-1.42% percent quarterly performance for 3M Co (MMM) is not indicative of the underlying story

A new trading day began on Tuesday, with 3M Co (NYSE: MMM) stock price down -0.55% from the previous day of trading, before settling in for the closing price of $136.01. MMM’s price has ranged from $90.17 to $156.35 over the past 52 weeks.

During the last 5-year period, the sales drop of Industrials Sector giant was -4.29%. Meanwhile, its annual earnings per share averaged 6.10%. With a float of $538.78 million, this company’s outstanding shares have now reached $539.47 million.

Let’s determine the extent of company efficiency that accounts for 61500 employees. In terms of profitability, gross margin is 42.31%, operating margin of 19.48%, and the pretax margin is 19.3%.

3M Co (MMM) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Conglomerates Industry. The insider ownership of 3M Co is 0.10%, while institutional ownership is 69.26%. The most recent insider transaction that took place on Jan 31 ’25, was worth 269,878. In this transaction EVP & Chief Public Affairs Off of this company sold 1,750 shares at a rate of $154.22, taking the stock ownership to the 194 shares. Before that another transaction happened on Jan 31 ’25, when Company’s Officer proposed sale 1,750 for $154.00, making the entire transaction worth $269,500.

3M Co (MMM) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.16% during the next five years compared to -0.67% drop over the previous five years of trading.

3M Co (NYSE: MMM) Trading Performance Indicators

Here are 3M Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75. Likewise, its price to free cash flow for the trailing twelve months is 114.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.55, a number that is poised to hit 1.77 in the next quarter and is forecasted to reach 8.44 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 4.18 million, which is a drop from its year-to-date volume of 4.34 million. As of the previous 9 days, the stock’s Stochastic %D was 54.96%. Additionally, its Average True Range was 5.99.

During the past 100 days, 3M Co’s (MMM) raw stochastic average was set at 38.64%, which indicates a significant decrease from 43.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.26% in the past 14 days, which was higher than the 32.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $146.55, while its 200-day Moving Average is $133.21. However, in the short run, 3M Co’s stock first resistance to watch stands at $136.77. Second resistance stands at $138.29. The third major resistance level sits at $139.10. If the price goes on to break the first support level at $134.44, it is likely to go to the next support level at $133.63. Should the price break the second support level, the third support level stands at $132.11.

3M Co (NYSE: MMM) Key Stats

With a market capitalization of 72.95 billion, the company has a total of 539,318K Shares Outstanding. Currently, annual sales are 24,575 M while annual income is 4,173 M. The company’s previous quarter sales were 4,023 M while its latest quarter income was 728,000 K.