Home Sectors Industrials Current Trend: 3M Company (NYSE: MMM)

Current Trend: 3M Company (NYSE: MMM)


3M Company is in the industrial products industry and trades as part of the industrials sector. The company CEO is Michael F. Roman. 3M Co is a diversified technology company. It manufactures a diverse array of industrial and consumer products. Its business segments are Industrial, Safety and Graphics, Health Care, Electronics and Energy, and Consumer.

Previous Intraday Trading Performance:

The MMM stock showed a previous change of 1.64% with an open at 204.36 and a close of 207.92. It reached an intraday high of 207.92 and a low of 203.98.

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The stock has a market cap of $121.1b with 582.3m shares outstanding, of which the float is 580.4m shares. Trading volume reached 3,144,954 shares compared to its average volume of 2,927,377 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, 3M Company shares returned 4.03% and in the past 30 trading days it returned 4.75%. Over three months, it changed 0.48%. In one year it has changed -8.79% and within that year its 52-week high was 259.77 and its 52-week low was 181.98. MMM stock is 14.25% above its 52 Week Low.

Our calculations show a 200 day moving average of 205.57 and a 50 day moving average of 200.96. Currently MMM stock is trading 1.14% above its 200 day moving average and may be a good opportunity to buy.

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The last annual fiscal EPS for the company was reported at 7.92 that ended on 31st of December 2017, which according to the previous close, that is a PE of 26.25. Based on 6 analyst estimates, the consensus EPS for the next quarter is 2.70. The TTM EPS is 9.77, which comes to a TTM PE of 21.28. Historically, the PE high was 26.25 and the PE low was 14.60. If the stock reached its PE low, that would represent a price of 142.65, which is a decrease of -31.39%.

The following are the last four quarter reported earnings per share:
09-30-2018:  2.58
06-30-2018:  2.59
03-31-2018:  2.50
12-31-2017:  2.10

The dividend per share is currently 5.44, which is a dividend yield of 2.62%. Also, the payout ratio is 55.68%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 171.23, which means it may be overvalued by -21.43%

Indicators to Watch:

Based on the latest filings, there is 101.90% of institutional ownership. Short-interest is 7,492,549, which is 1.29% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.51. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.17

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 40.64%, return on assets is 12.54%, profit margin is 13.68%, price-to-sales is 3.63 and price-to-book is 11.60.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 2  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.