For its fourth fiscal quarter (ending December 31), 3M Co (NYSE: MMM) has reported a 18% increase in E.P.S. from $1.14 a year ago to $1.34 in the current quarter. E.P.S. were $7.28 for the latest four quarters through December 31 versus $-15.17 for the same period a year ago — a decline of -148%.
Recent Price Action
3M Co (NYSE: MMM) stock closed at $146.89 on 1/21/25 after a large increase of 4.2%. Moreover, trading volume in this advance was exceptionally high at 345% of normal. The stock has risen 12.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
3M has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. 3M has a poor Appreciation Score of 30 but a good Power Rating of 84, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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