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.
3M |
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 |
|
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 | View | |
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 | View | |
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 | 2007-03-31 | 1.12 | 1.28 | 0.16 | 14 | ||
2010-04-27 | 2010-03-31 | 1.21 | 1.4 | 0.19 | 15 | ||
2009-10-22 | 2009-09-30 | 1.17 | 1.37 | 0.2 | 17 |
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 ChangeA subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services | ||
Dividend BeastSolid, dividend-paying stocks and ETFs | ||
Baby Boomer ProspectsMega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force | ||
Giant ImpactPublic companies with mega capitalization | ||
Macroaxis IndexMacroaxis power theme of selected equities with solid fundamentals | ||
Medical EquipmentUSA 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 Investors | 2024-09-30 | 4.9 M | Legal & General Group Plc | 2024-06-30 | 4.9 M | Norges Bank | 2024-06-30 | 4.4 M | Millennium Management Llc | 2024-06-30 | 4 M | Amvescap Plc. | 2024-06-30 | 4 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 3.8 M | Charles Schwab Investment Management Inc | 2024-09-30 | 3.6 M | Hhg Plc | 2024-06-30 | 3.4 M | Goldman Sachs Group Inc | 2024-06-30 | 3.4 M | Vanguard Group Inc | 2024-09-30 | 49.5 M | Blackrock Inc | 2024-06-30 | 38.4 M |
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 Reported | Projected 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 Reported | Projected 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 Value | 88.9 B | 93.4 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
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.
US88579YBP51 Corp BondUS88579YBP51 | View | |
US88579YBM21 Corp BondUS88579YBM21 | View | |
3M Co 305 Corp BondUS88579YBN04 | View | |
3M CO Corp BondUS88579YBK64 | View | |
3M CO Corp BondUS88579YBJ91 | View | |
3M MTN Corp BondUS88579YBG52 | View | |
3M CO Corp BondUS88579YBH36 | View | |
3M 3625 percent Corp BondUS88579YBC49 | View |
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.
Accumulation Distribution | 48770.69 | |||
Daily Balance Of Power | (0.15) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 133.96 | |||
Day Typical Price | 133.47 | |||
Price Action Indicator | (1.72) | |||
Period Momentum Indicator | (0.47) | |||
Relative Strength Index | 50.04 |
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 Reported | Projected 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 Price | Advice | # of Analysts | |
113.69 | Buy | 19 | Odds |
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 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 Flow | 3.7 B | |
Total Stockholder Equity | 4.8 B | |
Capital Lease Obligations | 819 M | |
Property Plant And Equipment Net | 9.9 B | |
Cash And Short Term Investments | 6 B | |
Cash | 5.9 B | |
50 Day M A | 132.4756 | |
Net Interest Income | -689 M | |
Total Current Liabilities | 15.3 B | |
Forward Price Earnings | 16.7504 | |
Interest Expense | 942 M | |
Stock Based Compensation | 274 M | |
Long Term Debt | 13.1 B | |
Common Stock Shares Outstanding | 553.9 M | |
Tax Provision | -2.7 B | |
Quarterly Earnings Growth Y O Y | -0.051 | |
Accounts Payable | 3.2 B | |
Net Debt | 10.9 B | |
Other Operating Expenses | 41.8 B | |
Non Current Assets Total | 34.2 B | |
Liabilities And Stockholders Equity | 50.6 B | |
Non Currrent Assets Other | 2 B |
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.