A share price of Solventum Corp [SOLV] is currently trading at $65.91, up 2.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The SOLV shares have gain 6.19% over the last week, with a monthly amount drifted -5.23%, and not seem to be holding up well over a long-time horizon.
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
Sponsored
From an analyst’s perspective:
Solventum Corp [NYSE: SOLV] stock has seen the most recent analyst activity on April 10, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $70. Previously, Wells Fargo started tracking the stock with Equal Weight rating on April 08, 2024, and set its price target to $69. On April 02, 2024, Edward Jones initiated with a Hold rating.
Solventum Corp experienced fluctuations in its stock price throughout the past year between $60.72 and $96.05. Currently, Wall Street analysts expect the stock to reach $69.5 within the next 12 months. Solventum Corp [NYSE: SOLV] shares were valued at $65.91 at the most recent close of the market. An investor can expect a potential return of 5.45% based on the average SOLV price forecast.
Analyzing the SOLV fundamentals
Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.17 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 63.74 points at the first support level, and at 61.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.37, and for the 2nd resistance point, it is at 68.84.
Solventum Corp [SOLV] reported earnings per share of -$ for its fiscal quarter that ended on.
