Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  3M Company    MMM

Mes dernières consult.
Most popular
Analysis summary4-Traders Strategies

A breakout of the resistance

share with twitter share with LinkedIn share with facebook
share via e-mail
Recevoir les alertes
07/27/2012 | 03:23pm

3M conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company's businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.

The company released its results for the second quarter, and lightly beat estimates, with earnings per share of 1.66 vs. estimates of 1.65, according to Bloomberg. The management has also reaffirmed the full year forecast with an EPS between $6.35 and $6.5.

Technically the share is testing one more time its mid-term resistance. Moving averages are bullish oriented, that could lead the share to break out this level. In this case we could forecast a return on the historic highs of USD 98.

For this reason we suggest a long position above USD 90.85 with a stop loss below the 20-day moving average in order to cover the position.

Oscar Salza
© Zonebourse.com 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
Recevoir les alertes

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials ($)
Sales 2018 33 296 M
EBIT 2018 8 006 M
Net income 2018 5 524 M
Debt 2018 11 622 M
Yield 2018 2,69%
P/E ratio 2018 22,90
P/E ratio 2019 18,15
EV / Sales 2018 3,95x
EV / Sales 2019 3,82x
Capitalization 120 B
Surperformance© ratings
Fundamental ratings
Overall rating
Trading Rating
Investor Rating
Growth (Revenue)
Earnings quality
Business Predictability
P/E ratio
7 days EPS revision
4 months EPS revision
1 year EPS revision
4 months Revenue revision
1 year Revenue revision
Technical ratings
Short Term Timing
Middle Term Timing
Long Term Timing
Bollinger Spread
Unusual Volumes
Duration : Period : Day
3M Company Technical Analysis Chart | MMM | US88579Y1010 | 4-Traders
Duration : Period : Week
3M Company Technical Analysis Chart | MMM | US88579Y1010 | 4-Traders