3M Company (NYSE:MMM) will report its next earnings on 25-Oct-16. The company reported the earnings of $2.08/Share in the last quarter where the estimated EPS by analysts was $2.07/share. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 0.5%.
Many analysts are providing their Estimated Earnings analysis for 3M Company and for the current quarter 15 analysts have projected that the stock could give an Average Earnings estimate of $2.14/share. These analysts have also projected a Low Estimate of $2.08/share and a High Estimate of $2.18/share.
In case of Revenue Estimates, 12 analysts have provided their consensus Average Revenue Estimates for 3M Company as 7.71 Billion. According to these analysts, the Low Revenue Estimate for 3M Company is 7.61 Billion and the High Revenue Estimate is 7.85 Billion. The company had Year Ago Sales of 7.71 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for MMM to be 4.4%. They are projecting Next Quarter growth of 17.5%. For the next 5 years, 3M Company is expecting Growth of 8.93% per annum, whereas in the past 5 years the growth was 6.67% per annum.
Some buy side analysts are also providing their Analysis on 3M Company, where 4 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 9 said it’s a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 15 Analysts reported that the Price Target for 3M Company might touch $210 high while the Average Price Target and Low price Target is $180.87 and $159 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. 3M Company got Upgrade on 25-Sep-15 where investment firm Credit Suisse Upgrade the stock from Neutral to Outperform.
3M Company closed its last trading session at $170.21 with the loss of -0.15%. The Market Capitalization of the company stands at 102.53 Billion. The Company has 52-week high of $182.27 and 52-week low of $134.64. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -2.3% where SMA50 and SMA200 are -3.86% and 2.41% respectively. The Company Touched its 52-Week High on Jul 20, 2016 and 52-Week Low on Jan 20, 2016.
The Relative Volume of the company is 0.71 and Average Volume (3 months) is 1.67 million. 3M Company P/E (price to earnings) ratio is 21.66 and Forward P/E ratio of 19.3.
The company shows its Return on Assets (ROA) value of 14.8%. The Return on Equity (ROE) value stands at 41.2%. While it’s Return on Investment (ROI) value is 22%.
While looking at the Stock’s Performance, 3M Company currently shows a Weekly Performance of 0.16%, where Monthly Performance is -3.83%, Quarterly performance is -5.74%, 6 Months performance is 1.9% and yearly performance percentage is 17.93%. Year to Date performance value (YTD perf) value is 15.1%. The Stock currently has a Weekly Volatility of 0.88% and Monthly Volatility of 1.01%.