3M Company (MMM) has experienced almost unanimous positivity, despite a couple of brief downturns. This global entity has been said to be at a
38% discount, has enjoyed a
29.8% rise in 6 months, and continues to trend upwards despite slight dips. Investor plans are maintaining, and the company has a strong buy recommendation from
CFRA. 3M scored a
36% return on equity, seeing an upsurge of
20% after their Q2 earnings report surpassed estimates. There is also increasing interest from
institutional investors. The company's free cash flow is also remarkably strong and their outlook remains optimistic. Though there has been some suggestion of consumer spending softness, Q3 results display
strong EPS growth and raised guidance. Despite sales in two of its three units dropping, 3M continues to see positivity, including beating estimates in Q2 and Q3. There have been talks of selling small businesses to increase annual profit, and the company has even extended its 100+ year payment streak. The company's strong performance is largely viewed as just the beginning of a larger upsurge.
3m Company MMM News Analytics from Mon, 15 Apr 2024 07:00:00 GMT to Thu, 26 Dec 2024 17:22:55 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 3
