rts logo

3M Co. (MMM) Analysis & Opinions from Experts

3M Co. (NYSE: MMM) is 8.24% higher on its value in year-to-date trading and has touched a low of $71.35 and a high of $99.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MMM stock was last observed hovering at around $97.33 in the last trading session, with the day’s gains setting it 1.6%.

Currently trading at $98.93, the stock is 5.46% and 10.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.16 million and changing 1.64% at the moment leaves the stock 17.31% off its SMA200. MMM registered 17.27% gain for a year compared to 6-month gain of 28.17%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 6.17% loss in the last 1 month and extending the period to 3 months gives it a 27.37%, and is 1.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.51% over the week and 1.73% over the month.

3M Co. (MMM) has around 85000 employees, a market worth around $54.74B and $32.65B in sales. Fwd P/E is 12.37. Profit margin for the company is -21.57%. Distance from 52-week low is 38.65% and -0.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-27.11%).

with sales reaching $5.89B over the same period. The EPS is expected to shrink by -2.67% this year, but quarterly earnings will post -24.40% year-over-year. Quarterly sales are estimated to shrink -25.20% in year-over-year returns.

3M Co. (MMM) Top Institutional Holders

The shares outstanding are 552.58M, and float is at 518.54M with Short Float at 1.75%.

3M Co. (MMM) Insider Activity

The most recent transaction is an insider sale by Chavez Rodriguez Beatriz Karin,the company’sGroup President. SEC filings show that Chavez Rodriguez Beatriz Karin sold 426 shares of the company’s common stock on Feb 14 ’24 at a price of $92.32 per share for a total of $39330.0. Following the sale, the insider now owns 3966.0 shares.

3M Co. disclosed in a document filed with the SEC on May 18 ’23 that Ashish Khandpur K (Group President) sold a total of 9,432 shares of the company’s common stock. The trade occurred on May 18 ’23 and was made at $99.27 per share for $0.94 million. Following the transaction, the insider now directly holds 20943.0 shares of the MMM stock.

Related Posts