3M Stock Analysis

MMM
 Stock
  

USD 150.26  3.58  2.44%   

The new indifference towards the small price fluctuations of 3M Company may encourage stakeholders to take a closer look at the firm as it is trading at a share price of 150.26 on 4,387,203 in trading volume. The company executives did not add any value to 3M Company investors in July. However, most investors can still diversify their portfolios with 3M Company to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.46. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
Additionally, see Stocks Correlation.
  
The 3M stock analysis report makes it easy to digest most publicly released information about 3M and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. 3M Stock analysis module also helps to analyze the 3M price relationship with some important fundamental indicators such as market cap and management efficiency.

3M Stock Analysis Notes

About 68.0% of the company shares are owned by institutional investors. The company recorded earning per share (EPS) of 10.11. 3M Company last dividend was issued on the 19th of May 2022. The entity had 2:1 split on the 30th of September 2003. 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 651 733-9973 or learn more at www.3M.com.

3M Quarterly Cost of Revenue

5.09 Billion

3M Company Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. 3M's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding 3M Company or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
3M Company has a strong financial position based on the latest SEC filings
About 68.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: 1 Monster Risk for 3M That You Might Want to Avoid - Nasdaq

3M Company Upcoming and Recent Events

Earnings reports are used by 3M to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to 3M previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report25th of January 2022
Next Financial Report26th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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 SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. 3M prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that 3M investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial 3M Company specific information freely available to individual and institutional investors to make a timely investment decision.
12th of August 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Unclassified Corporate Event
View
4th of August 2022
Financial Statements and Exhibits. Other Events. Unclassified Corporate Event
View
26th of July 2022
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
View
6th of July 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
10th of June 2022
Other Events
View
24th of May 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
12th of May 2022
Submission of Matters to a Vote of Security Holders
View
26th of April 2022
Financial Statements and Exhibits. Other Events. Results of Operations and Financial Condition
View

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.
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Giant Impact
Public companies with mega capitalization
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
Solid, dividend-paying stocks and ETFs
Macroaxis Index
Macroaxis power theme of selected equities with solid fundamentals
Medical Equipment
USA Equities from Medical Equipment industry as classified by Fama & French

3M Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 87.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 3M's market, we take the total number of its shares issued and multiply it by 3M's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

3M Profitablity

3M's profitability indicators refer to fundamental financial ratios that showcase 3M's ability to generate income relative to its revenue or operating costs. If, let's say, 3M is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, 3M's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of 3M's profitability requires more research than a typical breakdown of 3M's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 11.83 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 24.56 %, which entails that for every 100 dollars of revenue, it generated 0.25 of operating income.
Last ReportedProjected for 2022
Return on Investment 22.94  28.39 
Return on Average Assets 0.12  0.12 
Return on Average Equity 0.41  0.44 
Return on Invested Capital 0.21  0.23 
Return on Sales 0.20  0.20 

Management Efficiency

The entity has Return on Asset of 8.93 % which means that on every $100 spent on asset, it made $8.93 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 29.38 %, implying that it generated $29.38 on every 100 dollars invested. 3M management efficiency ratios could be used to measure how well 3m company manages its routine affairs as well as how well it operates its assets and liabilities. 3M Return on Investment is relatively stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 28.39. Return on Average Equity is expected to hike to 0.44 this year, although the value of Return on Average Assets will most likely fall to 0.12. 3M Tangible Asset Value is relatively stable at the moment as compared to the past year. The company's current Tangible Asset Value is estimated at 28.9 Billion
Last ReportedProjected for 2022
Book Value per Share 25.99  22.48 
Enterprise Value over EBIT 16.00  17.58 
Enterprise Value over EBITDA 12.77  14.15 
Price to Book Value 6.80  8.19 
Tangible Assets Book Value per Share 48.87  48.29 
Enterprise Value116.5 B123.2 B
Tangible Asset Value28.3 B28.9 B

Technical Drivers

As of the 19th of August, 3M owns the Coefficient Of Variation of (11,180), standard deviation of 1.47, and Market Risk Adjusted Performance of (0.023341). 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. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for 3M, which can be compared to its peers in the sector. 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 150.26 per share. Given that 3M Company has jensen alpha of (0.08), 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 twenty-three with a total number of output elements of thirty-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.
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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 Technical and Predictive Indicators

3M Forecast Models

3M time-series forecasting models is one of many 3M's stock analysis techniquest aimed to predict 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 2022
Operating Margin 20.84  23.49 
EBITDA Margin 0.26  0.25 
Gross Margin 0.47  0.53 
Profit Margin 0.17  0.18 

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
188.54Sell13Odds
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.
Quick Ratio0.80
Trailing Annual Dividend Rate5.91
Fifty Two Week Low125.60
Revenue Growth-2.80%
Payout Ratio82.96%
Average Daily Volume Last 10 Day3.18M
Shares Short Prior Month9.12M
Average Daily Volume In Three Month3.11M
Earnings Growth-94.70%
Shares Percent Shares Out1.36%
Earnings Quarterly Growth-94.90%
Gross Margins44.53%
Forward Price Earnings13.87
Short Percent Of Float1.37%
Float Shares569.1M
Fifty Two Week High202.77
Fifty Day Average137.04
Enterprise Value To Ebitda11.13
Two Hundred Day Average155.60
Enterprise Value To Revenue2.73
Trailing Annual Dividend Yield3.88%
Additionally, see Stocks Correlation. Note that the 3M Company information on this page should be used as a complementary analysis to other 3M's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for 3M Stock analysis

When running 3M Company price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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Is 3M's industry 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 YOY
-0.95
Market Capitalization
84.6 B
Quarterly Revenue Growth YOY
-0.028
Return On Assets
0.0893
Return On Equity
0.29
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 3M value 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.