Is 3M Stock a Good Investment?

Examine 3M Stock

Know 3M's Top Institutional Investors

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's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 54.34 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's profitablity analysis

The company has Net Profit Margin of (0.22) %, 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 0.22 %, which entails that for every 100 dollars of revenue, it generated $0.22 of operating income.

3M's Earnings Breakdown by Geography

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate 3M's management efficiency

3M Company has Return on Asset of 0.0758 % which means that on every $100 spent on assets, it made $0.0758 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.6929) %, 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. As of the 1st of June 2024, Return On Tangible Assets is likely to grow to -0.2. In addition to that, Return On Capital Employed is likely to grow to -0.25. At this time, 3M's Non Current Assets Total are very stable compared to the past year. As of the 1st of June 2024, Other Assets is likely to grow to about 5.2 B, while Non Currrent Assets Other are likely to drop about 1.3 B.

Basic technical analysis of 3M Stock

As of the 1st of June, 3M owns the Market Risk Adjusted Performance of 0.7729, coefficient of variation of 396.12, and Standard Deviation of 1.72. 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 nineteen technical drivers for 3M, which can be compared to its peers in the sector. Please confirm 3M Company standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if 3M Company is priced fairly, providing market reflects its prevailing price of 100.14 per share. Given that 3M Company has jensen alpha of 0.4047, we suggest you to validate 3M's latest market performance to make sure the company can sustain itself sooner or later.

3M's insider trading activities

3M's Outstanding Corporate Bonds

Understand 3M's technical and predictive indicators

Consider 3M's intraday indicators

3M Corporate Filings

3M time-series forecasting models is one of many 3M's stock analysis techniques aimed to predict 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.

3M Stock media impact

Headlines View

Hype Analysis View

News Timeline View

Event Calendar View

Exposure View

Earnings Estimates View

3M Sentiment by Major News Outlets

3M Company Historical Investor Sentiment

3M Maximum Pain Price across 2024-06-07 Option Contracts

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 the 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.

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.

How to buy 3M Stock?

To provide specific investment advice or recommendations on 3M Company stock, we recommend investors consider the following general factors when evaluating 3M Company. This will help you to make an informed decision on whether to include 3M in one of your diversified portfolios:

• Examine 3M's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
• Research 3M's leadership team and their track record. Good management can help 3M navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
• Consider the overall health of the Industrial Conglomerates space and any emerging trends that could impact 3M's business and its evolving consumer preferences.
• Compare 3M's performance and market position to its competitors. Analyze how 3M is positioned in terms of product offerings, innovation, and market share.
• Check if 3M pays a dividend and its dividend yield and payout ratio.
• Review what financial analysts are saying about 3M's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in 3M Company?

When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:

How To Invest In 3M Details

Is 3M Stock a good investment? Details

What is 3M's Net Worth? Details

Largest Industrial Conglomerates Companies View

Largest Capital Goods Companies View

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