3M Stock Analysis

MMM Stock  USD 97.04  0.45  0.46%   
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. Fundamental analysis focuses on the financial and economic factors that affect 3M's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of 3M's stock to identify patterns and trends that may indicate its future price movements.
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 Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Veterans Day ( substitute day ), Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday. 3M Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and 3M's ongoing operational relationships across important fundamental and technical indicators.
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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

3M Stock Analysis Notes

About 67.0% of the company shares are owned by institutional investors. The book value of 3M was now reported as 14.13. The company has Price/Earnings To Growth (PEG) ratio of 2.31. 3M Company recorded a loss per share of 2.82. The entity last dividend was issued on the 18th of August 2023. The firm 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 1110 or learn more at https://www.3m.com.

3M Quarterly Cost of Revenue

4.61 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 67.0% of the company shares are owned by institutional investors
On 12th of September 2023 3M paid $ 1.5 per share dividend to its current shareholders
Latest headline from news.google.com: 3M Company Settles with US Treasury Department for Violations of ... - Best Stocks

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.
24th of October 2023
Upcoming Quarterly Report
23rd of January 2024
Next Financial Report
30th of September 2023
Next Fiscal Quarter End
23rd of January 2024
Next Fiscal Year End
30th of June 2023
Last Quarter Report
31st of December 2022
Last Financial Announcement

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.
Fiscal Date
Estimated EPS
Reported EPS
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.
18th of September 2023
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
29th of August 2023
Financial Statements and Exhibits. Other Events. Unregistered Sales of Equity Securities. Entry into a Material Definitive Agreement
22nd of August 2023
Financial Statements and Exhibits. Other Events. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
11th of August 2023
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
25th of July 2023
Financial Statements and Exhibits. Results of Operations and Financial Condition
10th of July 2023
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
22nd of June 2023
Financial Statements and Exhibits. Other Events. Entry into a Material Definitive Agreement
15th of May 2023
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

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.
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Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force
Dividend Beast Idea
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Solid, dividend-paying stocks and ETFs
Giant Impact Idea
Giant Impact
Public companies with mega capitalization
Macroaxis Index Idea
Macroaxis Index
Macroaxis power theme of selected equities with solid fundamentals
Medical Equipment Idea
Medical Equipment
USA Equities from Medical Equipment industry as classified by Fama & French
Climate Change Idea
Climate Change
A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services

3M Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as 3M is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 3M Company backward and forwards among themselves. 3M's institutional investor refers to the entity that pools money to purchase 3M's securities or originate loans. 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.
Last TransactionTypeSharesValue
Vanguard Group Inc2023-06-30Common Shares48.7 M4.9 B
State Street Corp2023-06-30Common Shares33.3 M3.3 B
State Farm Mutual Automobile Insurance Co2023-06-30Common Shares9.6 M956.6 M
Wells Fargo Company2023-06-30Common Shares3.1 M312 M
Us Bancorp2023-06-30Common Shares2.7 M270 M
Ubs Asset Management Americas Inc2023-06-30Common Shares2.6 M269.7 M
Van Eck Associates Corp2023-06-30Common Shares2.4 M244 M
Sumitomo Mitsui Trust Holdings Inc2023-06-30Common SharesM199.7 M
Swiss National Bank2023-06-30Common SharesM199.3 M
Ubs Group Ag2023-06-30Common Shares1.7 M172.7 M
Royal Bank Of Canada2023-06-30Common Shares1.4 M139.1 M
Note, although 3M's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

3M Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 53.57 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 those 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 (0.04) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.17 %, which entails that for every 100 dollars of revenue, it generated $0.17 of operating income.
Last ReportedProjected for 2023
Return on Investment 12.07  12.38 
Return on Average Assets 0.13  0.12 
Return on Average Equity 0.40  0.44 
Return on Invested Capital 0.21  0.23 
Return on Sales 0.22  0.20 

Management Efficiency

3M Company has Return on Asset of 0.0747 % which means that on every $100 spent on assets, it made $0.0747 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1337) %, meaning that it generated no profit with money invested by stockholders. 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. 3M Return on Investment is very stable at the moment as compared to the past year. 3M reported last year Return on Investment of 12.07. As of 25th of September 2023, Return on Average Equity is likely to grow to 0.44, while Return on Average Assets are likely to drop 0.12. 3M Tangible Asset Value is very stable at the moment as compared to the past year. 3M reported last year Tangible Asset Value of 28.97 Billion
Last ReportedProjected for 2023
Book Value per Share 26.01  26.02 
Enterprise Value over EBIT 12.00  15.26 
Enterprise Value over EBITDA 9.14  12.09 
Price to Book Value 4.50  7.02 
Tangible Assets Book Value per Share 51.18  50.51 
Enterprise Value79.4 B104.7 B
Tangible Asset Value29 B29.6 B
The analysis of 3M's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze 3M's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of 3M Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Long Term Debt Total
14 B
Short Long Term Debt Total
16.2 B
Forward Dividend Rate
Interest Expense
462 M
Total Operating Expenses
10.9 B

Technical Drivers

As of the 25th of September, 3M owns the Information Ratio of (0.014405), variance of 2.86, and Market Risk Adjusted Performance of (0.019954). 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 thirteen technical drivers for 3M, which can be compared to its peers in the sector. Please confirm 3M Company market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if 3M Company is priced fairly, providing market reflects its prevailing price of 97.04 per share. Given that 3M Company has information ratio of (0.014405), 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 fourty-nine with a total number of output elements of twelve. 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 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'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 ReportedProjected for 2023
Operating Margin 11.15  11.44 
EBITDA Margin 0.25  0.25 
Gross Margin 0.44  0.43 
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
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.
Begin Period Cash Flow4.6 B
Total Stockholder Equity14.8 B
Capital Lease Obligations261 M
Property Plant And Equipment Net10 B
Cash And Short Term Investments3.9 B
Cash3.7 B
50 Day M A104.1864
Net Interest Income-395 M
Total Current Liabilities9.5 B
Forward Price Earnings11.919
Common Stock Total EquityM
Stock Based Compensation263 M
Long Term Debt14 B
Common Stock Shares Outstanding567.6 M
Total Cashflows From Investing Activities-1 B
Tax Provision612 M
Quarterly Earnings Growth Y O Y-0.221
Accounts Payable3.2 B
Net Debt12.5 B
Other Operating Expenses30.1 B
Non Current Assets Total31.8 B
Liabilities And Stockholders Equity46.5 B
Non Currrent Assets Other2.3 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 tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
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.