3M Co (MMM) Share Price
Name: 3M Co (MMM)
Description: Year to date 3M has fallen by -23.0% part of a -55.0% 5-year decline, however,there are finally some signs of life in the share price which has rallied by +4.40% in the last month.In late October 3M beat Wall Streets earnings forecast and guided higher. However, its 5-year earnings growth rate is among the lowest in the Dow so it will need to do a lot more to convince investors. 11/9/23
Summary
The current 3M Co (MMM) stock price is $99.85 which is a change of 0.78 or 0.79% from the last closing price of 99.85 with 2,783,823 shares traded giving NYSE:MMM a market capitalisation of $55,148,851,607. The most recent daily high has been 100.21 and daily low 98.16. The NYSE:MMM share price 52 week high has been 130.02 and the 52 week low 85.35. Based on the most recent NYSE:MMM share price opening of 99.85, the current NYSE:MMM EPS (earnings per share) are -13.35 and the PE (price earnings ratio) is n/a. Pricing data last updated 01/12/2023 16:00.
Pros
- Strong balance sheet
- Stable financials
- Outshines competitors
Cons
- Performance that’s dependent on the economy
- Vulnerable to economic downturns
- Increasing long-term debt
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Outlook
(3)