These 2 Are Better Options Today: Apple Inc. (AAPL), 3M Company (MMM)

23 analysts out of 41 Wall Street brokerage firms rate Apple Inc. (NASDAQ:AAPL) as a Buy, while 1 see it as a Sell. The rest 17 describe it as a Hold. AAPL stock traded higher to an intra-day high of $196.79. At one point in session, its potential discontinued and the price was down to lows at $193.6. Analysts have set AAPL’s consensus price at $216.17, effectively giving it a 11.34% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $245 (up 26.19% from current price levels). AAPL has a 51.3% ROE, higher than the 16.05% average for the industry. The average ROE for the sector is 14.64%.

It is expected that in Jun 2019 quarter AAPL will have an EPS of $2.1, suggesting a -10.26% growth. For Sep 2019 is projected at $2.69. It means that there could be a -7.56% growth in the quarter. Yearly earnings are expected to rise by -3.61% to about $11.48. As for the coming year, growth will be about 10.8%, lifting earnings to $12.72. RSI after the last trading period was 58.77. AAPL recorded a change of 4.82% over the past week and returned 5.67% over the last three months while the AAPL stock’s monthly performance revealed a shift in price of 2.91%. The year to date (YTD) performance stands at 23.08%, and the bi-yearly performance specified an activity trend of 15.13% while the shares have moved 0.97% for the past 12 months.

Apple Inc. (AAPL) currently trades at $194.15, which is lower by -0.02% its previous price. It has a total of 4.67 billion outstanding shares, with an ATR of around 4.91. The company’s stock volume dropped to 21.28 million, worse than 29.92 million that represents its 50-day average. A 5-day increase of about 4.82% in its price means AAPL is now 23.08% higher on year-to-date. The shares had marked a $233.47 52-week high price and the 52 week low of $142.00. Overall, it has seen a growth rate of 0.97 over the last 12 months.

Apple Inc. (NASDAQ:AAPL)’s EPS was $2.46 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $2.73. That means that its growth in general now stands at -10%. Therefore, a prediction of $2.36 given by the analysts brought a positive surprise of 4%. AAPL March quarter revenue was $58.02 billion, compared to $61.14 billion recorded in same quarter last year, giving it a -5% growth rate. The company’s $-3.12 billion revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

3M Company (NYSE:MMM) shares depreciated -0.09% over the last trading period, taking overall 5-day performance up to 2.51%. MMM’s price now at $168.85 is weaker than the 50-day average of $185.78. Getting the trading period increased to 200 days, the stock price was seen at $197.84 on average. The general public currently hold control of a total of 575.47 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 577.5 million. The company’s management holds a total of 0.1%, while institutional investors hold about 69.1% of the remaining shares. MMM share price finished last trade 1.68% above its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -14.73%, while closing the session with -9.54% distance from 50 day simple moving average.

3M Company (MMM) shares were last observed trading -23.16% down since April 24, 2019 when the peak of $219.75 was hit. Last month’s price growth of -3.63% puts MMM performance for the year now at -11.38%. Consequently, the shares price is trending higher by 5.98%, a 52-week worst price since Jun. 03, 2019. However, it is losing value with -14.49% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $166.84 and $167.85. The immediate resistance area is now $169.88 Williams’s %R (14) for MMM moved to 13.68 while the stochastic %K points at 85.97.

MMM’s beta is 1.07; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $9.37 per share from its yearly profit to its outstanding shares. Its last reported revenue is $7.86 billion, which was -5% versus $8.28 billion in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $2.23 compared to $2.5 in the year-ago quarter and had represented -11% year-over-year earnings per share growth. MMM’s ROA is 15.1%, higher than the 4.26% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5%.

Estimated quarterly earnings for 3M Company (NYSE:MMM) are around $2.04 per share in three months through June with $2.62 also the estimate for September quarter of the fiscal year. It means the growth is estimated at -21.24% and 1.55%, respectively. Analysts estimate full-year growth to be -10.99%, the target being $9.31 a share. The upcoming year will see an increase in growth by percentage to 10.2%, more likely to see it hit the $10.26 per share. The firm’s current profit margin over the past 12 months is 17.4%. MMM ranks higher in comparison to an average of 5.2% for industry peers; while the average for the sector is 8.9%.