3M Company (MMM), Masco Corporation (MAS): Tempting figures

PAGE GREGORY R, Director, bought 1,000 shares of the 3M Company (NYSE:MMM) in an exchange that happened on October 26th, 2018. The stock was bought at an average price of $184.50 per share, amounting to a transaction worth $184,500. The sale was made public in a document filed with the SEC. Additionally, Senior Vice President Hammes Eric D. sold 1,272 shares of this stock in a transaction that took place on September 10th, 2018. The stock was sold at an average price of $216.00 per share, for a total exchange amounting to $274,752. After the transaction, the Senior Vice President Hammes Eric D. currently holds 4,362 shares of the company’s stock, which is worth approximately $871789.

With this stock price’s latest movement, it is now -23.06% away from its 1-year high and 9.83% higher than its 1-year low price. In the past seven days, the stock price volatility for 3M Company was 1.66%, whereas its volatility in the past 30 days has been 2.15%. This public company’s stock also has a beta score of 1.10. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

3M Company (NYSE:MMM) most recently published its quarterly earnings results. The firm posted $2.58 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $2.70 by $0.12. The publicly-traded organization reported revenue of $8,152.00 million for the quarter, compared to the average analyst forecast calling for $8,394.74 million, which was missing the analyst consensus estimate.

Shares of 3M Company (MMM) surged 1.55%, amounting to a gain of $3.06 per share, to finish the regular trading session at $199.86 on Monday 11/26/2018. After beginning the session at $198.57, shares of 3M Company reached as high as $201.83 during the day, while hitting a 1-day low of $197.32. Trade volume reached 2,315,706 shares against this stock’s average daily volume of 2.56M shares, with a total float of 581.36M. As a consequence of the price increase, 3M Company now has a current market value of 117.49B.

Masco Corporation (NYSE:MAS) added 1.52% to its trading price by the close of the most recent session, jumping from its previous closing price of $30.85 to $31.32. This stock increased in value by 0.10% during the last 7-day period, and experienced a gain of 3.85% over the past 30-day period. In the past three months, this stock’s price lost by -19.90% , and subtracted -16.59% to its price during the last six months of trading. MAS demonstrated a yearly price loss of -20.87% , while its year-to-date (YTD) price performance has been down -28.72% . This stock’s price changed by +15.36% compared to its 90-day low, and moved down -21.17% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the MAS stock as “Sell”. In the short-term, Masco Corporation (MAS) has a 20-day average volume of 5,036,845 shares and short-term indicators sets the MAS stock as “ 20% Sell ” on average basis. In the medium-term, MAS stock has a 50-Day average volume of 4,751,530 shares and medium-term indicators gave the average rating of “ 75% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 3,751,873 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the MAS stock as “56% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on MAS. Barclays, for example, Reiterated its rating on shares of Masco Corporation to a “Overweight”, while setting a $35 price target on shares of the company’s stock, according to a research note from Wednesday October 31st, 2018. while giving the stock a “ Neutral” from “Buy ” rating, as stated in a research report from Friday, October 12th, 2018. Goldman, on the other hand, Initiated a “Buy” rating on this stock, while posting a $49 price target on shares of this company’s stock in a research note dated Tuesday, October 2nd, 2018.

In other news related to Masco Corporation stock, 92.84% shares of MAS held by institutions. The total number of institutions who held the MAS shares was 834, according to most recent SEC filling. During the past quarter, total 283,613,541 shares held by institutions with the net change of -2,487,636 shares. In the meantime, 56 new institutions bought the shares of Masco Corporation for the first time and 74 institutions sold all their holdings in the company’s common stock. 312 institutions increased their investment in the MAS stock and 356 institutions decreased their investment in the Masco Corporation (MAS)’s stock during the last quarter.