Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
3M (MMM)
NYSE:MMM
Holding MMM?
Track your performance easily
MMM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$88.23 - $141.34
Previous Close$127.13
Volume8.35M
Average Volume (3M)3.35M
Market Cap
$69.23B
Enterprise Value$75.79B
Total Cash (Recent Filing)$7.29B
Total Debt (Recent Filing)$13.80B
Price to Earnings (P/E)16.1
Beta0.95
Next Earnings
Jan 28, 2025EPS Estimate
$1.67Last Dividend Ex-Date
Nov 15, 2024Dividend Yield2.88%
Share Statistics
EPS (TTM)7.92
Shares Outstanding544,558,607
10 Day Avg. Volume3,047,347
30 Day Avg. Volume3,345,254
Standard Deviation0.08
R-Squared0.39
Alpha-0.00629
Financial Highlights & Ratios
Price to Book (P/B)14.92
Price to Sales (P/S)2.39
Price to Cash Flow (P/CF)-9.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.65
Enterprise Value/Gross Profit5.34
Enterprise Value/Ebitda9.12
Forecast
1Y Price Target
$151.67Price Target Upside17.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
3M News
Bulls Say, Bears Say
Bulls Say
Margin ExpansionThe adjusted operating margin increased to 23%, showing a year-over-year margin expansion of 140 basis points.
Operational Performance3M Company reported adjusted EPS of $1.98, which is higher than the expected $1.91, indicating strong operational execution.
Shareholder Value3M Company conducted $0.7 billion in share repurchases during the quarter, reflecting a strategic approach to enhance shareholder value.
Bears Say
Financial PerformanceMMM shares traded lower as the company missed Q3 organic growth and guided Q4 organic + EPS below Consensus.
Legal ChallengesState Attorneys General have filed motions to remand each State’s Natural Resource Damage lawsuit back to the state court due to lack of trial date visibility in the MDL.
Settlement Liabilities3M will be making payments of $1.8bn related to its settlement with Public Water Suppliers and $1.5bn for its Combat Arms settlement.
---
Ownership Overview
0.08% Insiders
17.26% Mutual Funds
14.41% Other Institutional Investors
47.62% 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.
---
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 37 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 $0.699 which represents an annual dividend yield of 2.88%. See more information on 3M dividends here
What is 3M’s EPS estimate?
3M’s EPS estimate is $1.67.
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.
---
3M Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$151.67 (17.32% Upside)
$151.67 (17.32% Upside)
Blogger Sentiment
Bullish
MMM Sentiment 73%
Sector Average 66%
Sector Average 66%
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
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.07%
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.
---
MMM Company Deck
---
MMM Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
3M demonstrated strong financial performance with significant earnings growth, operational improvements, and increased shareholder returns. However, the company faces challenges in certain market segments and operational efficiencies, particularly in forecasting and the consumer segment.Read More>---
MMM Net sales Breakdown
33.52% Safety and Industrial
26.01% Transportation and Electronics
25.08% Health Care
15.38% Consumer
---
MMM Stock 12 Month Forecast
Average Price Target
$151.67
▲(17.32% Upside)
Technical Analysis
Honeywell International
―
GE Aerospace
―
Emerson Electric Company
―
Illinois Tool Works
―
Best Analysts Covering MMM
1 Year
1 Year Success Rate
16/25 ratings generated profit
1 Year Average Return
+7.83%
assigned a buy rating 3 days ago
Copying Julian Mitchell's trades and holding each position for 1 Year would result in 64.00% of your transactions generating a profit, with an average return of +7.83% per trade.
---