3m Company Stock Analysis

MMM Stock  USD 132.48  0.47  0.35%   
3M Company is overvalued with Real Value of 122.81 and Target Price of 113.69. The main objective of 3M stock analysis is to determine its intrinsic value, which is an estimate of what 3M Company is worth, separate from its market price. There are two main types of 3M's stock analysis: fundamental analysis and technical analysis.
The 3M stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. 3M is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. 3M Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

3M Stock Analysis Notes

About 68.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.9. 3M Company recorded earning per share (EPS) of 9.61. The entity last dividend was issued on the 15th of November 2024. The firm had 1196:1000 split on the 1st of April 2024. 3M Company operates as a diversified technology company worldwide. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 95000 people. To find out more about 3M Company contact Michael Roman at 651 733 1110 or learn more at https://www.3m.com.

3M Quarterly Total Revenue

6.29 Billion

3M Company Investment Alerts

3M Company generated a negative expected return over the last 90 days
The company reported the last year's revenue of 32.68 B. Reported Net Loss for the year was (6.98 B) with profit before taxes, overhead, and interest of 15 B.
About 68.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: 3M Shares Bought by Swedbank AB

3M Company Upcoming and Recent Events

23rd of April 2024
Upcoming Quarterly Report
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23rd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
View

3M Largest EPS Surprises

Earnings surprises can significantly impact 3M's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2007-04-26
2007-03-311.121.280.1614 
2010-04-27
2010-03-311.211.40.1915 
2009-10-22
2009-09-301.171.370.217 
View All Earnings Estimates

3M Environmental, Social, and Governance (ESG) Scores

3M's ESG score is a quantitative measure that evaluates 3M's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of 3M's operations that may have significant financial implications and affect 3M's stock price as well as guide investors towards more socially responsible investments.

3M Thematic Classifications

In addition to having 3M stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Climate Change Idea
Climate Change
A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services
Dividend Beast Idea
Dividend Beast
Solid, dividend-paying stocks and ETFs
Baby Boomer Prospects Idea
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Giant Impact Idea
Giant Impact
Public companies with mega capitalization
Macroaxis Index Idea
Macroaxis Index
Macroaxis power theme of selected equities with solid fundamentals
Medical Equipment Idea
Medical Equipment
USA Equities from Medical Equipment industry as classified by Fama & French

3M Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Capital World Investors2024-09-30
4.9 M
Legal & General Group Plc2024-06-30
4.9 M
Norges Bank2024-06-30
4.4 M
Millennium Management Llc2024-06-30
M
Amvescap Plc.2024-06-30
M
Ubs Asset Mgmt Americas Inc2024-09-30
3.8 M
Charles Schwab Investment Management Inc2024-09-30
3.6 M
Hhg Plc2024-06-30
3.4 M
Goldman Sachs Group Inc2024-06-30
3.4 M
Vanguard Group Inc2024-09-30
49.5 M
Blackrock Inc2024-06-30
38.4 M
Note, although 3M's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

3M Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 72.4 B.

3M Profitablity

The company has Net Profit Margin of 0.13 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.21 %, which entails that for every 100 dollars of revenue, it generated $0.21 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.21)(0.20)
Return On Capital Employed(0.26)(0.25)
Return On Assets(0.14)(0.13)
Return On Equity(1.46)(1.38)

Management Efficiency

3M Company has Return on Asset of 0.0903 % which means that on every $100 spent on assets, it made $0.0903 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.1329 %, implying that it generated $1.1329 on every 100 dollars invested. 3M's management efficiency ratios could be used to measure how well 3M manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to -0.2. In addition to that, Return On Capital Employed is likely to grow to -0.25. At this time, 3M's Non Current Assets Total are very stable compared to the past year. As of the 28th of November 2024, Other Current Assets is likely to grow to about 896.6 M, while Non Currrent Assets Other are likely to drop about 1.3 B.
Last ReportedProjected for Next Year
Book Value Per Share 8.79  10.66 
Tangible Book Value Per Share(22.18)(21.07)
Enterprise Value Over EBITDA(9.12)(8.67)
Price Book Value Ratio 10.53  11.06 
Enterprise Value Multiple(9.12)(8.67)
Price Fair Value 10.53  11.06 
Enterprise Value88.9 B93.4 B
3M Company has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield
0.0211
Operating Margin
0.2143
Profit Margin
0.1345
Forward Dividend Yield
0.0211
Beta
1.001

Technical Drivers

As of the 28th of November, 3M owns the Standard Deviation of 1.43, market risk adjusted performance of 0.0265, and Coefficient Of Variation of 4669.62. In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 3M Company, as well as the relationship between them. Please confirm 3M Company standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if 3M Company is priced fairly, providing market reflects its prevailing price of 132.48 per share. Given that 3M Company has jensen alpha of (0.13), we suggest you to validate 3M's latest market performance to make sure the company can sustain itself sooner or later.

3M Company Price Movement Analysis

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. 3M middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for 3M Company. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

3M Company Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 3M insiders, such as employees or executives, is commonly permitted as long as it does not rely on 3M's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases 3M insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

3M Outstanding Bonds

3M issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. 3M Company uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most 3M bonds can be classified according to their maturity, which is the date when 3M Company has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

3M Predictive Daily Indicators

3M intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of 3M stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

3M Corporate Filings

F4
21st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
14th of November 2024
Other Reports
ViewVerify
F4
4th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
22nd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
17th of October 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
2nd of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F3
5th of September 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
8K
20th of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

3M Forecast Models

3M's time-series forecasting models are one of many 3M's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary 3M's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About 3M Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how 3M prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling 3M shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as 3M. By using and applying 3M Stock analysis, traders can create a robust methodology for identifying 3M entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.30)(0.28)
Operating Profit Margin(0.28)(0.27)
Net Loss(0.21)(0.20)
Gross Profit Margin 0.43  0.37 

Current 3M Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. 3M analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. 3M analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
113.69Buy19Odds
3M Company current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most 3M analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand 3M stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of 3M Company, talking to its executives and customers, or listening to 3M conference calls.
3M Analyst Advice Details

3M Stock Analysis Indicators

3M Company stock analysis indicators help investors evaluate how 3M stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading 3M shares will generate the highest return on investment. By understating and applying 3M stock analysis, traders can identify 3M position entry and exit signals to maximize returns.
Begin Period Cash Flow3.7 B
Total Stockholder Equity4.8 B
Capital Lease Obligations819 M
Property Plant And Equipment Net9.9 B
Cash And Short Term InvestmentsB
Cash5.9 B
50 Day M A132.4756
Net Interest Income-689 M
Total Current Liabilities15.3 B
Forward Price Earnings16.7504
Interest Expense942 M
Stock Based Compensation274 M
Long Term Debt13.1 B
Common Stock Shares Outstanding553.9 M
Tax Provision-2.7 B
Quarterly Earnings Growth Y O Y-0.051
Accounts Payable3.2 B
Net Debt10.9 B
Other Operating Expenses41.8 B
Non Current Assets Total34.2 B
Liabilities And Stockholders Equity50.6 B
Non Currrent Assets OtherB
When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
4.41
Earnings Share
9.61
Revenue Per Share
58.972
Quarterly Revenue Growth
0.004
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.