3m Company Stock Today

MMM Stock  USD 132.48  0.47  0.35%   

Performance

0 of 100

 
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Odds Of Distress

Less than 13

 
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Low
3M is selling at 132.48 as of the 28th of November 2024; that is 0.35% down since the beginning of the trading day. The stock's lowest day price was 132.37. 3M has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Note, on August 15, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of 3M Company's common stock.
Business Domain
Capital Goods
IPO Date
2nd of January 1970
Category
Industrials
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. The company has 544.56 M outstanding shares of which 6.67 M shares are now shorted by investors with about 1.66 days to cover. More on 3M Company

Moving against 3M Stock

  0.47AZ A2Z Smart TechnologiesPairCorr
  0.4GBX Greenbrier CompaniesPairCorr

3M Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorWilliam Brown
Thematic Ideas
Showing 3 out of 6 themes
Old Names[Mining Minerals & Metals plc, Marley Spoon SE, 3M Co.]
Business ConcentrationIndustrial Conglomerates, Capital Goods, Industrials, Dow Jones Industrial, NYSE Composite, NYSE 100 Index, ARCA Major Markets, SP 500 Index, SPASX All Technology, Australia All Ordinaries, BTRINVSTNG 100 INDEX, BETTERINVESTING 100 INDEX, SP 100, Climate Change, Dividend Beast, Baby Boomer Prospects, Giant Impact, Macroaxis Index, Medical Equipment, Industrials, Industrial Conglomerates, Conglomerates, Industrials (View all Sectors)
Excise Tax ActivitiesAnimal Testing
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.10.6461
Way Up
Slightly volatile
Gross Profit Margin0.370.4346
Fairly Down
Slightly volatile
Net Debt11.5 B10.9 B
Sufficiently Up
Slightly volatile
Total Current Liabilities16.1 B15.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total31.9 B30.4 B
Sufficiently Up
Slightly volatile
Total Assets25.6 B50.6 B
Way Down
Slightly volatile
Total Current Assets10 B16.4 B
Way Down
Slightly volatile
Total Cash From Operating Activities4.7 B6.7 B
Way Down
Slightly volatile
Debt Levels
3M can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand 3M's financial leverage. It provides some insight into what part of 3M's total assets is financed by creditors.
Liquidity
3M Company has 16.85 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. 3M Company has a current ratio of 1.53, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for 3M to invest in growth at high rates of return.

Other Cashflows From Financing Activities

230.85 Million
3M Company (MMM) is traded on New York Stock Exchange in USA. It is located in 3M Center, Saint Paul, MN, United States, 55144-1000 and employs 85,000 people. 3M is listed under Industrial Conglomerates category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 72.4 B. 3M Company runs under Industrial Conglomerates sector within Industrials industry. The entity has 544.56 M outstanding shares of which 6.67 M shares are now shorted by investors with about 1.66 days to cover. 3M Company has about 3.65 B in cash with 6.68 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.49.
Check 3M Probability Of Bankruptcy
Ownership Allocation
3M Company secures a total of 544.56 Million outstanding shares. Over half of 3M's outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that on August 15, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of 3M Company's common stock.
Check 3M Ownership Details

3M Stock Institutional Holders

InstituionRecorded OnShares
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
View 3M Diagnostics

3M Historical Income Statement

At this time, 3M's Interest Expense is very stable compared to the past year. As of the 28th of November 2024, Other Operating Expenses is likely to grow to about 43.9 B, while Total Revenue is likely to drop about 23.6 B. View More Fundamentals

3M Stock Against Markets

3M Corporate Directors

Thomas BrownIndependent DirectorProfile
Ahmet KentIndependent DirectorProfile
David DillonIndependent DirectorProfile
Dambisa MoyoIndependent DirectorProfile
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.
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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.