Shares of 3M have moved -0.3% today, and are now trading at a price of $135.96. In contrast, the S&P 500 index saw a 2.0% change. Today's trading volume is 3,131,078 compared to the stock's average volume of 4,353,901.
3M Company provides diversified technology services in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and internationally. Based in Saint Paul, United States the company has 61,500 full time employees and a market cap of $73,168,396,288. 3M currently offers its equity investors a dividend that yields 2.1% per year.
The company is now trading -8.49% away from its average analyst target price of $148.57 per share. The 18 analysts following the stock have set target prices ranging from $100.0 to $184.0, and on average give 3M a rating of buy.
Over the last 52 weeks, MMM stock has risen 48.2%, which amounts to a 43.9% difference compared to the S&P 500. The stock's 52 week high is $156.35 whereas its 52 week low is $90.65 per share. Based on 3M's average net margin growth of 3.3% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 24,575,000 | 4,173,000 | 17 | 160.71 |
| 2023 | 24,610,000 | -6,995,000 | -28 | -227.27 |
| 2022 | 26,161,000 | 5,777,000 | 22 | 29.41 |
| 2021 | 35,355,000 | 5,921,000 | 17 | 0.0 |
| 2020 | 32,184,000 | 5,449,000 | 17 | 21.43 |
| 2019 | 32,136,000 | 4,517,000 | 14 |
