With 2.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.33 million shares. During the session, the Conglomerates company that operates in wider Industrials sector, reached to the highest price of $138.99 whereas the lowest price it dropped to was $137.105. The 52-week range on MMM shows that it touched its highest point at $156.35 and its lowest point at $90.65 during that stretch. It currently has a 1-year price target of $153.47. With its current market cap of 73.90 billion, MMM has annualized dividend of $2.83 while the current yield stands at 2.06%. MMM paid its most recent dividend on 1739491200, while the ex-dividend date for that was 1739491200. Beta for the stock currently stands at 1.00.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MMM was up-trending over the past week, with a rise of 5.46%, but this was down by -10.06% over a month. Three-month performance dropped to -8.10% while six-month performance rose 4.24%. The stock gained 47.66% in the past year, while it has gained 6.38% so far this year. A look at the trailing 12-month EPS for MMM yields 7.92 with Next year EPS estimates of 8.36. For the next quarter, that number is 2.01. This implies an EPS growth rate of 5.21% for this year and 8.83% for next year. EPS is expected to grow by 7.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.67%.
Float and Shares Shorts:
At present, 538.18 million MMM shares are outstanding with a float of 537.65 million shares on hand for trading. On 2025-04-15, short shares totaled 10.28 million, which was 191.0 higher than short shares on 1741910400. In addition to Mr. William M. Brown as the firm’s CEO & Chairman, Mr. Anurag Maheshwari serves as its CFO & Executive VP.
Institutional Ownership:
Through their ownership of 0.7019 of MMM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-03-31, MMM reported revenue of $5954000000.0 and operating income of $1246000000.0. The EBITDA in the recently reported quarter was $1587000000.0 and diluted EPS was $2.04.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MMM since 16 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 9 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MMM analysts setting a high price target of 184.0 and a low target of 100.0, the average target price over the next 12 months is 148.57388. Based on these targets, MMM could surge 33.99% to reach the target high and fall by -27.18% to reach the target low. Reaching the average price target will result in a growth of 8.2% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.32375 being high and $7.21354 being low. For MMM, this leads to a yearly average estimate of $7.29369. Based on analyst estimates, the high estimate for the next quarter is $2.17 and the low estimate is $1.94. The average estimate for the next quarter is thus $2.04.
