A share price of 3M Co [MMM] is currently trading at $151.52, up 1.40%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MMM shares have gain 7.44% over the last week, with a monthly amount glided 17.48%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
3M Co [NYSE: MMM] stock has seen the most recent analyst activity on January 22, 2025, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $170 from $140. Previously, UBS upgraded its rating to Buy on November 13, 2024, and kept the price target unchanged to $184. On October 22, 2024, upgrade upgraded it’s rating to Buy. Morgan Stanley started tracking the stock assigning a Underweight rating and suggested a price target of $125 on September 06, 2024. Argus upgraded its rating to a Buy but $145 remained the price target by the analyst firm on July 30, 2024. Deutsche Bank upgraded its rating to Buy for this stock on July 29, 2024, and upped its price target to $150. In a note dated June 13, 2024, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $125.
3M Co experienced fluctuations in its stock price throughout the past year between $75.65 and $152.08. Currently, Wall Street analysts expect the stock to reach $146.73 within the next 12 months. 3M Co [NYSE: MMM] shares were valued at $151.52 at the most recent close of the market. An investor can expect a potential drop of -3.16% based on the average MMM price forecast.
Analyzing the MMM fundamentals
Trailing Twelve Months sales for 3M Co [NYSE:MMM] were 26.56B which represents -25.00% decline. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.96 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.39.
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 149.62 points at the first support level, and at 147.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 152.71, and for the 2nd resistance point, it is at 153.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for 3M Co [NYSE:MMM] is 1.41. In addition, the Quick Ratio stands at 1.08 and the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 20.99 and price to earnings (TTM) ratio is 20.07.
Transactions by insiders
Recent insider trading involved Zoe L. Dickson, Officer, that happened on Jan 27 ’25 when 3634.0 shares were purchased. Officer, John P. Banovetz completed a deal on Jan 27 ’25 to buy 4798.0 shares. Meanwhile, Officer B. Karina Chavez Rodriguez bought 1645.0 shares on Jan 27 ’25.
