Finance

Choose Between these two Worthy Stocks: 3M Company (NYSE:MMM), Semtech Corporation (NASDAQ:SMTC)

3M Company (NYSE:MMM)

3M Company (NYSE:MMM), ended its previous trading session at $165.17 showing a loss of -3.10000000000002 or -1.84 percent with respect to the price of $168.27 when stock market opened. The company traded 2.7 Million shares over the course of the trading day. Giving the average volume of 2.67 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 577.9 Million.

3M Company (NYSE:MMM) is currently trading lower than its price target which is set to $169.63 by the analyst. The stock is -24.84% Below its 1-Year High which is $219.75. MMM has a difference of 9.69% from its 1 year low which stands at $150.58. The company is currently rated by analyst who are keeping a close eye on the stock as 3.1. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

3M Company (NYSE:MMM) Performance Snapshot

The stock performed exceptionally good in the previous week which depicts an increase of -2.98 percent in the shares price. The company subtracted about -2.89% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is -20.56 Percent. MMM currently shows -13.31% as its year to date performance.

3M Company (NYSE:MMM) Price Insight

The stock needs to grow about $4.46000000000001 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -3.3%, -0.25% and -7.19 percent respectively. The stock trades about 1.67 percent of its Float giving its total shares Outstanding are 577.9 Million. MMM gained about 0.81 percent in 6 months showing its Average True Range of 2.95. The company currently has a RSI and Beta of 44.72 and 1.09.

While talking about 3M Company (NYSE:MMM) valuation ratios, the stock trades with a P/S and P/B of 2.99 and 8.9 which is significantly better and attractive as compared to its peers.

Semtech Corporation (NASDAQ:SMTC)

Semtech Corporation (NASDAQ:SMTC), closed the last trading session at $45.74 with decrease of $-1.21 or -2.58 percent against the opening price of $46.95. The trading day volume of the company stands at 643989 shares while the average trading volume of Semtech Corporation (NASDAQ:SMTC) is 399.6 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 68.55 Million.

The price target of Semtech Corporation (NASDAQ:SMTC) is currently set at 53.58 by the analysts. The stock is $-21.08 Below its 1-Year High which is $57.96. SMTC hit its 1-Year low price of $39.54. The company is currently rated by analyst who are keeping a close eye on the stock as 1.9. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Semtech Corporation (NASDAQ:SMTC)

The value of the stock decreased by -8.3% during the previous week performance. Looking at the 1 month performance of Semtech Corporation (NASDAQ:SMTC), the stock dipped -12.94%. While the 1 year performance shows a negative percentage of -14.25 and year to date performance stands at -0.28%.

Semtech Corporation (NASDAQ:SMTC) Analytical Review

The stock needs to grow about $7.84 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -10.89%, -8.7% and -7.43 percent respectively. The stock trades about 2.22 percent of its Float giving its total shares Outstanding are 68.55 Million. SMTC gained about 10.43 percent in 6 months showing its Average True Range of 1.31. The company currently has a RSI and Beta of 29.92 and 1.91.

While talking about Semtech Corporation (NASDAQ:SMTC) valuation ratios, the stock trades with a P/S and P/B of 5.21 and 4.41 which is significantly better and attractive as compared to its peers.