3M Co (NYSE:MMM) currently has a daily average trading volume of 4.25M but it saw 2848922 shares traded in last market. With a market cap of 80.61B USD, the company’s current market price of $149.78 came rising about 0.25 while comparing to the previous closing price of $149.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $156.35 and as low as $96.76.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which upgraded the stock as “Overweight” in its note to investors issued on January 22, 2025, recommending a price target of between $140 and $170 for it. UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on November 13, 2024 while assigning a price target of $184.
Over the week, MMM’s stock price is moving 0.70% up while it is 10.08% when we observe its performance for the past one month. Year-to-date it is 16.03% up and over the past year, the stock is showing an upside performance of 42.36%.
Currently, 3M Co’s total number of outstanding shares is 538.18M with 0.12% of that held by the insiders while 73.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 25.38% and return on equity (ROE) at 94.75%. It has a price to earnings ratio (P/E ratio) of 18.92 while having a 17.92 of forward P/E ratio. Stock’s beta reads 1.01. Stock has a price to book (P/B) ratio of 18.06 while price to sale or P/S ratio amounts to 3.29. Its return on asset (ROA) is 9.29% on average.
