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3M Company (NYSE: MMM) went down by -1.42% from its latest closing price when compared to the 1-year high value of $221.69, while MMM stocks collected -0.08% of loss with the last five trading sessions.

3M Company (NYSE: MMM) Worth an Investment?

3M Company (NYSE: MMM) scored price to earnings ratio above its average ratio, recording 23.06 times of increase in earnings at the present. The 36 Months beta value for MMM stocks is at 1.04, while 6 of the analysts out of 20 who provided ratings for 3M Company stocks as a “buy” while 0 as overweight, 10 rated it as hold and 3 as sell. The average price we get from analysts is $208.13 which is -$9.83 below current price. MMM currently has a short float of 1.74% and public float of 575M with average trading volume of 2.15M shares.

MMM Market Performance

MMM stocks went down by -0.08% for the week, with the monthly jump of 2.35% and a quarterly performance of 10.58%, while its annual performance rate touched -0.40%. The simple moving average for the period of the last 20 days is 1.31% for MMM stocks with the simple moving average of 4.87% for the last 200 days.

Analysts’ Opinion on 3M Company (NYSE: MMM)

Many brokerage firms have already submitted their reports for MMM stocks, with Gordon Haskett repeating the rating for MMM shares by setting it to “Buy”. The predicted price for MMM socks in the upcoming period according to Gordon Haskett is $99 based on the research report published on October 12, 2018.

Credit Suisse, on the other hand, stated in their research note that they expect to see MMM stock at the price of $99. The rating they have provided for MMM stocks is “Outperform” according to the report published on October 12, 2018.

Morgan Stanley gave “Equal-Weight” rating to MMM stocks, setting the target price at $212 in the report published on August 21, 2018.

MMM Stocks 2.82% Far from 50 Day Moving Average

After a stumble in the market that brought MMM to its low price for the period of the last 52 weeks, 3M Company was unable to take a rebound, for now settling with -4.39% of loss for the given period.

The stock volatility was left at 1.25%, however, within the period of a single month, the volatility rate increased by 0.98%, while the shares surge at the distance of +2.99% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +9.71% upper at the present time.

In the course of the last 5 trading sessions, MMM went down by -0.08%, which changed the moving average for the period of 200 days to the total of +8.41% of gains for the stock in comparison to the 20-day moving average settled at $209.54. In addition, 3M Company saw 11.24% in overturn over the period of a single year with a tendency to cut further gains.

MMM Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at 3M Company (MMM), starting from THULIN INGE G, who sold 1,192 shares at the price of $208.95 back on Mar 29. After this action, Rushing now owns 266,488 shares of 3M Company, valued at $249,067 with the latest closing price.

THULIN INGE G, the Exec Chairman of 3M Company, sold 5,485 shares at the value of $208.54 during a trade that took place back on Mar 29, which means that THULIN INGE G is holding 267,680 shares at the value of $1,143,855 based on the most recent closing price.

MMM Stock Fundamentals

The current profitability levels are settled at +23.73 for the present operating margin and +49.41 for gross margin. The net margin for 3M Company stands at +16.33. Total capital return value is set at 30.99, while invested capital returns managed to touch 22.76. Equity return holds the value 51.70%, with 14.30% for asset returns.

Based on 3M Company (MMM), the company’s capital structure generated 150.03 points for debt to equity in total, while total debt to capital is set at the value of 60.00. Total debt to assets is settled at the value of 40.27 with long-term debt to equity ratio rests at 137.67 and long-term debt to capital is 55.06.

EBITDA value lies at +2.16 B with total debt to EBITDA carrying the value of 1.59. The value for Enterprise to Sales is 4.00 with debt to enterprise value settled at 0.12. The receivables turnover for 3M Company is 6.60 with the total asset turnover at the value of 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.