As we head into the final hours of the trading session, these are today’s top stock gainers:
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Some notable catalysts for today’s movers include the following:
- Newell Brands (NWL) released its earnings report, which saw an EPS figure of $0.36 versus the consensus estimate of $0.21 per share. This was also higher than last year’s result of $0.24 per share.
- 3M Company (MMM) beat earnings estimates and raised its guidance.
- Mohawk Industries (MHK) saw its earnings per share come in at $3.00, which was above the analyst estimate of $2.75.
For the full list of top gainers, as well as the lists of Top Losers and Most Active stocks, click here.
Is MMM a Good Stock to Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating based on six Buys, three Holds, and one Sell. Over the past year, MMM has increased by 42%, and the average MMM price target of $112.80 implies a downside risk of 10.13% from current levels. However, these analyst ratings are likely to change following MMM’s earnings results.
