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3M (MMM)
NYSE:MMM
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MMM Stock Chart & Stats
Day’s Range― - ―
52-Week Range$88.23 - $141.34
Previous CloseN/A
Volume1.14M
Average Volume (3M)3.23M
Market Cap
$74.72B
Enterprise Value$82.11B
Total Cash (Recent Filing)$2.68B
Total Debt (Recent Filing)$10.72B
Price to Earnings (P/E)17.4
Beta0.90
Next Earnings
Jan 21, 2025EPS Estimate
1.66Last Dividend Ex-Date
Nov 15, 2024Dividend Yield2.63%
Share Statistics
EPS (TTM)7.92
Shares Outstanding544,558,600
10 Day Avg. Volume3,831,191
30 Day Avg. Volume3,227,960
Standard Deviation0.08
R-Squared0.40
Alpha-0.00663
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.63
Price to Cash Flow (P/CF)-10.50
P/FCF Ratio0.00
Enterprise Value/Market Cap1.10
Enterprise Value/Revenue2.87
Enterprise Value/Gross Profit5.78
Enterprise Value/Ebitda9.88
Forecast
1Y Price Target
$150.44Price Target Upside8.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
3M News
PremiumStock Analysis & Ideas
JPMorgan Says These 2 Value Stocks Are Among Its ‘Best Idea’ Picks for 2025Bulls Say, Bears Say
Bulls Say
Financial Performance3M Company reported adjusted EPS of $1.98, which is higher than the expected $1.91, indicating strong operational execution.
Operational StrategyNew CEO, Bill Brown laid out a comprehensive framework to drive operational performance, including improving demand visibility and forecasting to increase utilization rates.
Shareholder Value3M Company conducted $0.7 billion in share repurchases during the quarter, reflecting a strategic approach to enhance shareholder value.
Bears Say
Business Operations3M has lost business and paid fines due to poor delivery.
Financial PerformanceMMM shares traded lower as the company missed Q3 organic growth and guided Q4 organic + EPS below Consensus.
Market ExpectationsThere are doubts about the degree of margin expansion in 2025, as MMM has guided for down margins year-over-year in Q4 2024.
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Ownership Overview
0.08% Insiders
17.28% Mutual Funds
0.44% Other Institutional Investors
62.01% 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?
3M’s market cap is $74.72B.
When is 3M’s upcoming earnings report date?
3M’s upcoming earnings report date is Jan 21, 2025 which is in 3 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 $20.993 which represents an annual dividend yield of 2.63%. See more information on 3M dividends here
What is 3M’s EPS estimate?
3M’s EPS estimate is 1.66.
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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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$150.44 (8.09% Upside)
$150.44 (8.09% Upside)
Blogger Sentiment
Bullish
MMM Sentiment 78%
Sector Average 67%
Sector Average 67%
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
Neutral
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 1.2%
Last 30 Days ▲ 1.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
60.01%
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
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
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MMM Stock 12 Month Forecast
Average Price Target
$150.44
▲(8.09% Upside)
Technical Analysis
Honeywell International
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Rockwell Automation
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Best Analysts Covering MMM
1 Year
1 Year Success Rate
13/18 ratings generated profit
1 Year Average Return
+6.71%
assigned a buy rating 3 months ago
Copying Andrew Obin's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +6.71% per trade.
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