3M Co (MMM)

MMM (NYSE:Industrial) EQUITY
$177.26
neg -0.13
-0.07%
Today's Range: 176.25 - 177.68 | MMM Avg Daily Volume: 1,918,500
Last Update: 01/17/17 - 4:02 PM EST
Volume: 1,557,453
YTD Performance: -0.73%
Open: $176.97
Previous Close: $177.39
52 Week Range: $134.64 - $182.27
Oustanding Shares: 601,466,401
Market Cap: 106,694,124,873
6-Month Chart
TheStreet Ratings Grade for MMM
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 3 4 3 3
Moderate Buy 0 0 0 0
Hold 7 6 7 6
Moderate Sell 0 0 0 0
Strong Sell 2 3 3 3
Mean Rec. 2.78 2.79 2.95 2.94
Latest Dividend: 1.11
Latest Dividend Yield: 2.50%
Dividend Ex-Date: 11/16/16
Price Earnings Ratio: 22.34
Price Earnings Comparisons:
MMM Sector Avg. S&P 500
22.34 22.30 0.00
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
4.14% 27.81% 29.09%
GROWTH 12 Mo 3 Yr CAGR
Revenue -4.90 0.00 0.00
Net Income -3.10 0.10 0.02
EPS 1.20 0.20 0.06
Earnings for MMM:
EBITDA 8.38B
Revenue 30.27B
Average Earnings Estimates
Qtr (12/16) Qtr (03/17) FY (12/16) FY (12/17)
Average Estimate $1.87 $2.06 $8.16 $8.61
Number of Analysts 7 4 9 8
High Estimate $1.88 $2.10 $8.20 $8.70
Low Estimate $1.86 $2.02 $8.15 $8.46
Prior Year $1.80 $2.05 $7.72 $8.16
Growth Rate (Year over Year) 3.97% 0.61% 5.67% 5.53%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Growth is almost guaranteed in these two areas, says James McDonald of Index Strategy Advisors.
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We are in the sweet spot where analyst upgrades can make any stock jump.
Whoever sold HON down this morning is completely lacking in 'horse sense.'

Lowdown on 3M Real Money Pro($)

3M positioned for a successful 2017 and beyond For full-year 2017, company expects organic local-currency sales growth of 1% to 3% For full-year 2017, company expects earnings per share of $8.45 to $8.80, an increase of 4% to 8% For full-year 2017, company expects free cash flow conversion of 95% to 105% In 2017 3M plans to invest approximately $1.8 billion in research and development to support organic growth Fiscal 2017 earnings-per-share view of $8.64
Over the last two to three days breadth has turned slightly negative as the averages made all-time highs. Investor sentiment and swift changes in psychology are often indications of market exhaustion. The CBOE 10-day put/call ratio is at the lowest level since July (0.86). The five-day put/call ratio is even lower (at 0.80) and more worrisome. Over the last five years, a five-day put/call low has led market pullbacks that have continued for two to three weeks. One good example was in late December 2014, when the ratio hit 0.82; within two days a two-week market downdraft occurred. This year, in mid-July, the five-day put/call ratio fell all the way down to 0.76; another two-week decline started within three days. Measured moves -- a reversal advance, correction/consolidation and continuation advance -- in a host of stocks are also signposts of a potential for a consolidation/decline. In the Dow Jones Industrial Average there are seven stocks -- Disney (DIS) , JPMorgan Chase (JPM) , Goldman Sachs (GS) , AT&T (T) , Travelers (TRV) , UnitedHealth (UNH) and 3M (MMM) -- that have experienced measured moves since the Trump election victory. Bottom Line These observations are likely to sound trivial to those that want to believe the markets, like trees, will grow to the sky in an uninterrupted manner. But I have found that conspicuous divergences within the market -- some of

FOMO ... or Something Else? Real Money Pro($)

The CBOE 10-day put/call has declined to below 0.90 -- a sign of extreme optimism. But in early summer the figure fell to close to 0.81. The 10-year U.S. note yield has moved 15 basis points lower from its 2.51% recent peak. A move below 2.3% might indicate that 2.5% was important resistance, and this could place pressure on bank stocks and selected financials, which slowed down a bit yesterday and underperformed. The five-week advance/decline intermediate momentum indicator has moved from oversold to overbought during the Trump rally.  On the other hand, we now have more than 420 new highs -- the highest reading in 23 months -- and a Dow Theory buy signal has been triggered with the transports following the industrials to new highs. Tactically, I took much of my index shorts off around midday as conviction was trumped -- pun intended -- by risk control and management. Fortunately, some of our core investment longs Radian Group (RDN) , DuPont (DD) , Campbell Soup (CPB) and JC Penney (JCP) (up 4% yesterday) moved to recent highs and a number of my trades (long iShares 20+ Year Treasury Bond ETF (TLT) , short TLT puts, for example) panned out successfully, as have some important short positions been additive to performance, such as Apple (AAPL) , Starbucks (SBUX) , the autos (which I covered yesterday) and Coca-Cola (KO) (which has been reduced) , as well as some short-term rentals such as short Cisco (CSCO) , which was covered this week. Bottom Line

Is 3M Poised for a Breakout? Real Money Pro($)

Shares got a boost from an analyst's upgrade that could lift the stock out of its three-week consolidation.
Bullish
Dec 07, 2016 | 7:09 AM EST
MMM was upgraded from Underperform to Sector Perform, RBC Capital said. Valuation call, based on a $171 price target.
Was reaction to Italy referendum a swing-and-miss for investors?

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TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.