3M Company is in the industrials sector and industrial products industry. 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 -1.58% with an open at 169.81 and a close of 169.09. It reached an intraday high of 170.26 and a low of 168.43.
The stock has a market cap of $97.5b with 576.4m shares outstanding, of which the float is 574.5m shares. Trading volume reached 4,439,756 shares compared to its average volume of 3,620,441 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 -2.86% and in the past 30 trading days it returned -21.50%. Over three months, it changed -18.87%. In one year it has changed -14.47% and within that year its 52-week high was 219.75 and its 52-week low was 168.43. MMM stock is 0.39% above its 52 Week Low.
Our calculations show a 200 day moving average of 199.97 and a 50 day moving average of 200.97. Currently MMM stock is trading -15.44% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
The last annual fiscal EPS for the company was reported at 8.91 that ended on 31st of December 2018, which according to the previous close, that is a PE of 18.98. Based on 6 analyst estimates, the consensus EPS for the next quarter is 2.50. The TTM EPS is 9.98, which comes to a TTM PE of 16.94. Historically, the PE high was 32.80 and the PE low was 16.94. MMM stock has set a new PE low record!
The dividend per share is currently 5.76, which is a dividend yield of 3.41%. Also, the payout ratio is 57.72%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 200.96, which means it is possibly undervalued and has a margin of safety of 15.86%
Indicators to Watch:
Based on the latest filings, there is 92.50% of institutional ownership. Short-interest was 9,254,337, which was 1.61% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.75. 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 1.03
Based on last reported financials, the company’s return on equity is 57.23%, return on assets is 15.18%, profit margin is 17.55%, price-to-sales is 3.06 and price-to-book is 10.05.
All scores are out of six:
2 :Valuation Score
4 :Past Performance Score
3 :Financial Strength Score
2 :Future Growth Score
5 :Dividend Score
3 :Overall Score