3M Co
General ticker "MMM" information:
- Sector: Industrials
- Industry: Industrial Conglomerates
- Capitalization: $71.8B
3M Co follows the US Stock Market performance with the rate: 57.7%.
Estimated limits based on current volatility of 1.0%: low 126.54$, high 128.98$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-11-15, amount 0.70$ (Y2.17%)
- Current price 16.9% above estimated high
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [73.06$, 110.33$]
- 2024-12-30 to 2025-12-30 estimated range: [87.76$, 127.36$]
Financial Metrics affecting the MMM estimates:
- Positive: Non-GAAP EPS, $ of 9.24 > 2.29
- Negative: Operating profit margin, % of -21.81 <= 1.03
- Negative: negative Net income
- Positive: Operating cash flow per share per price, % of 13.98 > 12.76
- Positive: -3.48 < Investing cash flow per share, $ of -2.18
- Negative: -1.03 < Inventory ratio change, % of -0.07
Short-term MMM quotes
Long-term MMM plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $35,355.00MM | $36,953.00MM | $32,717.00MM |
| Operating Expenses | $27,986.00MM | $30,414.00MM | $41,845.00MM |
| Operating Income | $7,369.00MM | $6,539.00MM | $-9,128.00MM |
| Non-Operating Income | $-165.00MM | $-147.00MM | $-560.00MM |
| Interest Expense | $488.00MM | $462.00MM | $942.00MM |
| R&D Expense | $1,994.00MM | $1,862.00MM | $1,842.00MM |
| Income(Loss) | $7,204.00MM | $6,392.00MM | $-9,688.00MM |
| Taxes | $1,275.00MM | $601.00MM | $-2,709.00MM |
| Profit(Loss) | $5,929.00MM | $5,791.00MM | $-6,979.00MM |
| Stockholders Equity | $15,046.00MM | $14,722.00MM | $4,807.00MM |
| Inventory | $4,985.00MM | $5,372.00MM | $4,822.00MM |
| Assets | $47,072.00MM | $46,455.00MM | $50,580.00MM |
| Operating Cash Flow | $7,454.00MM | $5,591.00MM | $6,680.00MM |
| Capital expenditure | $1,603.00MM | $1,749.00MM | $1,615.00MM |
| Investing Cash Flow | $-1,317.00MM | $-1,046.00MM | $-1,207.00MM |
| Financing Cash Flow | $-6,145.00MM | $-5,350.00MM | $-3,147.00MM |
| Earnings Per Share* | $10.23 | $10.21 | $-12.63 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.