On Monday, 3M Co (NYSE: MMM) opened higher 5.42% from the last session, before settling in for the closing price of $142.60. Price fluctuations for MMM have ranged from $96.76 to $156.35 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Industrials sector company slipped by -4.29% over the past five years. Company’s average yearly earnings per share was noted 5.21% at the time writing. With a float of $537.64 million, this company’s outstanding shares have now reached $538.18 million.
Let’s look at the performance matrix of the company that is accounted for 61500 employees. In terms of profitability, gross margin is 40.96%, operating margin of 20.07%, and the pretax margin is 21.52%.
3M Co (MMM) Insider and Institutional Ownership
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 0.10%, while institutional ownership is 69.10%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 5.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.70% during the next five years compared to -0.67% drop over the previous five years of trading.
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 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.92, a number that is poised to hit 2.01 in the next quarter and is forecasted to reach 8.36 in one year’s time.
Technical Analysis of 3M Co (MMM)
3M Co (NYSE: MMM) saw its 5-day average volume 3.18 million, a negative change from its year-to-date volume of 4.19 million. As of the previous 9 days, the stock’s Stochastic %D was 89.37%. Additionally, its Average True Range was 4.56.
During the past 100 days, 3M Co’s (MMM) raw stochastic average was set at 82.49%, which indicates a significant decrease from 96.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.33% in the past 14 days, which was lower than the 36.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $142.38, while its 200-day Moving Average is $136.38. Nevertheless, the first resistance level for the watch stands at $152.34 in the near term. At $154.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $157.89. If the price goes on to break the first support level at $146.79, it is likely to go to the next support level at $143.26. The third support level lies at $141.24 if the price breaches the second support level.
3M Co (NYSE: MMM) Key Stats
There are currently 538,181K shares outstanding in the company with a market cap of 80.90 billion. Presently, the company’s annual sales total 24,575 M according to its annual income of 4,173 M. Last quarter, the company’s sales amounted to 5,954 M and its income totaled 1,116 M.
