3M Stock Quote Today

MMM
 Stock
  

USD 132.80  1.53  1.14%   

Market Performance
0 of 100
Odds Of Distress
Less than 12
3M is selling for 132.80 as of the 27th of June 2022. This is a -1.14 percent decrease since the beginning of the trading day. The stock's lowest day price was 132.29. 3M has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for 3M Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of May 2022 and ending today, the 27th of June 2022. Click here to learn more.
CUSIP
604059105
Fiscal Year End
December
Business Domain
Capital Goods
IPO Date
2nd of January 1970
Category
Industrials
Classification
Industrials
ISIN
US88579Y1010
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 576.25 M outstanding shares of which 9.5 M shares are now shorted by investors with about 3.52 days to cover. More on 3M Company

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

3M Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. 3M's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 3M or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
3M Company generated a negative expected return over the last 90 days
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.defenseworld.net: Moody National Bank Trust Division Has 2.35 Million Stock Holdings in 3M - Defense World
ESG SustainabilitySome studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, 3M's sustainability indicators can be used to identify a proper investment strutegies using environmental, social, and governance scores that are crucial to 3M's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanMichael Roman
SEC Filings3M Security & Exchange Commission EDGAR Reports
Thematic Ideas
Showing 3 out of 7 themes
Excise Tax ActivitiesAnimal Testing
Fama & French Classification
Average Analyst Recommendation
Analysts covering 3M report their recommendations after researching 3M's financial statements, talking to executives and customers, or listening in on 3M's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering 3M Company. The 3M consensus assessment is calculated by taking the average forecast from all of the analysts covering 3M.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of 3M Company based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of 3M Company financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 7 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares568.2 M579 M
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted576 M585.3 M
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations7.7 B7.5 B
Fairly Up
Increasing
Slightly volatile
Total Assets46.3 B47.1 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities30.7 B32 B
Sufficiently Down
Increasing
Slightly volatile
Current Assets15.7 B15.4 B
Fairly Up
Increasing
Slightly volatile
Current Liabilities8.9 BB
Fairly Down
Increasing
Slightly volatile
Total Debt16.6 B18.2 B
Significantly Down
Increasing
Slightly volatile
Return on Average Assets0.120.124
Sufficiently Down
Decreasing
Slightly volatile
Gross Margin0.530.468
Moderately Up
Increasing
Slightly volatile
Asset Turnover0.760.741
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of 3M's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
3M's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to 3M's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
3M's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of 3M's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
N/A ( Average Bond Rating ) Not Rated
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on 3M's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how 3M deploys its capital and how much of that capital is borrowed.
Liquidity
3M cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 17.6 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 1.55, which is typical for the industry and considered as normal. Debt can assist 3M until it has trouble settling it off, either with new capital or with free cash flow. So, 3M's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like 3M Company sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 3M to invest in growth at high rates of return. When we think about 3M's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

7.68 BillionShare
3M Company (MMM) is traded on New York Stock Exchange in USA. It is located in 3M Center, St. Paul, MN 55144-1000, United States and employs 95,000 people. 3M is listed under Medical Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 77.41 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 Company runs under Industrials sector within Conglomerates industry. The entity has 576.25 M outstanding shares of which 9.5 M shares are now shorted by investors with about 3.52 days to cover. 3M Company has about 3.36 B in cash with 6.78 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.9.
Check 3M Probability Of Bankruptcy
Ownership
3M Company shows a total of 576.25 Million outstanding shares. Over half of 3M Company outstanding shares are owned by institutions. These institutions are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Hence, these institutions are subject to different rules and regulation than regular investors in 3M Company. Please watch out for any change in the institutional holdings of 3M Company as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check 3M Ownership Details

3M Stock Price Odds Analysis

What are 3M's target price odds to finish over the current price? Based on a normal probability distribution, the odds of 3M jumping above the current price in 90 days from now is about 99.0%. The 3M Company probability density function shows the probability of 3M stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon 3M has a beta of 0.7781. This indicates as returns on the market go up, 3M average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding 3M Company will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. 3M Company is significantly underperforming DOW.
  Odds Below 132.8HorizonTargetOdds Above 132.8
1.43%90 days
 132.80 
98.54%
Based on a normal probability distribution, the odds of 3M to move above the current price in 90 days from now is about 99.0 (This 3M Company probability density function shows the probability of 3M Stock to fall within a particular range of prices over 90 days) .

3M Historical Income Statement

3M Company Income Statement is one of the three primary financial statements used for reporting 3M's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of 3M Company revenue and expense. 3M Income Statement primarily focuses on the company's revenues and expenses during a particular period.
3M Interest Expense is relatively stable at the moment as compared to the past year. The company's current value of Interest Expense is estimated at 135.05 Million. Net Income is expected to hike to about 6 B this year, although the value of Weighted Average Shares will most likely fall to nearly 568.2 M. View More Fundamentals

3M Stock Against Markets

Picking the right benchmark for 3M stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in 3M stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for 3M is critical whether you are bullish or bearish towards 3M Company at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in 3M without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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3M Corporate Directors

3M corporate directors refer to members of a 3M board of directors. The board of directors generally takes responsibility for the 3M's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of 3M's board members must vote for the resolution. The 3M board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Vance Coffman - Independent DirectorProfile
Muhtar Kent - Independent DirectorProfile
Gregory Page - Independent DirectorProfile
Linda Alvarado - Independent DirectorProfile

Investing 3M Company

You need to understand the risk of investing before taking a position in 3M. The danger of trading 3M Company is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of 3M is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than 3M. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 3M Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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
-0.18
Market Capitalization
76.4 B
Quarterly Revenue Growth YOY
-0.002
Return On Assets
0.1
Return On Equity
0.39
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.