3M Co (MMM) concluded trading on Wednesday at a closing price of $130.46, with 5.63 million shares of worth about $735.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.90% during that period and on April 16, 2025 the price saw a loss of about -3.55%. Currently the company’s common shares owned by public are about 539.47M shares, out of which, 538.78M shares are available for trading.
Stock saw a price change of -5.68% in past 5 days and over the past one month there was a price change of -13.56%. Year-to-date (YTD), MMM shares are showing a performance of 1.06% which increased to 42.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $90.17 but also hit the highest price of $156.35 during that period. The average intraday trading volume for 3M Co shares is 4.42 million. The stock is currently trading -7.73% below its 20-day simple moving average (SMA20), while that difference is down -10.72% for SMA50 and it goes to -2.17% lower than SMA200.
3M Co (NYSE: MMM) currently have 539.47M outstanding shares and institutions hold larger chunk of about 69.26% of that.
The stock has a current market capitalization of $70.36B and its 3Y-monthly beta is at 1.01. PE ratio of stock for trailing 12 months is 17.28, while it has posted earnings per share of $7.55 in the same period. Its PEG reads 2.12 and has Quick Ratio of 1.08 while making debt-to-equity ratio of 3.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MMM, volatility over the week remained 3.47% while standing at 4.02% over the month.
Stock’s fiscal year EPS is expected to rise by 6.10% while it is estimated to increase by 8.97% in next year. EPS is likely to grow at an annualized rate of 8.16% for next 5-years, compared to annual growth of -0.67% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on January 22, 2025 offering an Overweight rating for the stock and assigned a target price range of between $140 and $170 to it. Coverage by UBS stated 3M Co (MMM) stock as a Buy in their note to investors on November 13, 2024, suggesting a price target of $184 for the stock. On October 22, 2024, Melius Upgrade their recommendations, while on September 06, 2024, Morgan Stanley Initiated their ratings for the stock with a price target of $125. Stock get a Buy rating from Argus on July 30, 2024.
