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3M (MMM)
NYSE:MMM
Holding MMM?
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MMM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.23 - $141.34
Previous Close$127.84
Volume2.54M
Average Volume (3M)3.57M
Market Cap
$69.81B
Enterprise Value$76.36B
Total Cash (Recent Filing)$7.29B
Total Debt (Recent Filing)$13.80B
Price to Earnings (P/E)16.2
Beta0.94
Next Earnings
Jan 28, 2025EPS Estimate
$1.68Last Dividend Ex-Date
Nov 15, 2024Dividend Yield3.44%
Share Statistics
EPS (TTM)7.92
Shares Outstanding544,558,607
10 Day Avg. Volume2,791,009
30 Day Avg. Volume3,569,291
Standard Deviation0.08
R-Squared0.39
Alpha-0.00607
Financial Highlights & Ratios
Price to Book (P/B)15.01
Price to Sales (P/S)2.44
Price to Cash Flow (P/CF)-9.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.67
Enterprise Value/Gross Profit5.38
Enterprise Value/Ebitda9.19
Forecast
1Y Price Target
$151.67Price Target Upside19.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
3M News
Bulls Say, Bears Say
Bulls Say
Operational PerformanceThe company's Q3 operating margin was 80 basis points ahead of internal estimates.
Product DevelopmentNew product launches are up 10% year-over-year this year.
Shareholder Value3M Company conducted $0.7 billion in share repurchases during the quarter, reflecting a strategic approach to enhance shareholder value.
Bears Say
Financial Performance3M shares traded lower as the company missed Q3 organic growth and guided Q4 organic + EPS below Consensus, raising doubts about financial stability.
Legal ChallengesThe trial date set for personal injury bellwether is likely later than investor expectations, causing concern about prolonged legal proceedings.
Operational EfficiencyUtilization at just 50% — well short of best-in-class territory of 80%+, indicating inefficiencies in operations.
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Ownership Overview
0.08% Insiders
15.76% Mutual Funds
14.31% Other Institutional Investors
50.41% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MMM FAQ
What was 3M’s price range in the past 12 months?
3M lowest stock price was $88.23 and its highest was $141.34 in the past 12 months.
What is 3M’s market cap?
Currently, no data Available
When is 3M’s upcoming earnings report date?
3M’s upcoming earnings report date is Jan 28, 2025 which is in 67 days.
How were 3M’s earnings last quarter?
3M released its earnings results on Oct 22, 2024. The company reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.904 by $0.076.
Is 3M overvalued?
According to Wall Street analysts 3M’s price is currently Undervalued.
Does 3M pay dividends?
3M pays a Quarterly dividend of $0.7 which represents an annual dividend yield of 3.44%. See more information on 3M dividends here
What is 3M’s EPS estimate?
3M’s EPS estimate is $1.68.
How many shares outstanding does 3M have?
3M has 544,558,600 shares outstanding.
What happened to 3M’s price movement after its last earnings report?
3M reported an EPS of $1.98 in its last earnings report, beating expectations of $1.904. Following the earnings report the stock price went down -2.311%.
Which hedge fund is a major shareholder of 3M?
Among the largest hedge funds holding 3M’s share is Viking Global Investors LP. It holds 3M’s shares valued at 115M.
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3M Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Moderate Buy
Average Price Target:
$151.67 (19.13% Upside)
$151.67 (19.13% Upside)
Blogger Sentiment
Bullish
MMM Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 461.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $131.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.56%
12-Months-Change
Fundamentals
Return on Equity
95.53%
Trailing 12-Months
Asset Growth
-17.63%
Trailing 12-Months
Company Description
3M
Founded in 1902, Minnesota-based 3M Company manufactures and sells industrial, safety and consumer products worldwide. It operates through multiple business segments including, Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The company offers its products directly to users and through various e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers.
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MMM Company Deck
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MMM Earnings Call
Q3 2024
0:00 / 0:00
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MMM Net sales Breakdown
33.52% Safety and Industrial
26.01% Transportation and Electronics
25.08% Health Care
15.38% Consumer
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MMM Stock 12 Month Forecast
Average Price Target
$151.67
▲(19.13% Upside)
Technical Analysis
Best Analysts Covering MMM
1 Year
1 Year Success Rate
12/18 ratings generated profit
1 Year Average Return
+5.75%
assigned a buy rating 23 days ago
Copying Andrew Obin's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +5.75% per trade.
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