3M Net Worth

3M Net Worth Analysis

3M Target Price Consensus

3M Target Price Projection

3M's current and average target prices are 91.83 and 113.69, respectively. The current price of 3M is the price at which 3M Company is currently trading. On the other hand, 3M's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on 3M Company and the information provided on this page.

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.

Follow 3M's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 50.92 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.

Project 3M's profitablity

The company has Net Profit Margin of (0.21) %, 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 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.

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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 (0.7108) %, 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 27th of April 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 27th of April 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.

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 Earnings Estimation Breakdown

The calculation of 3M's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of 3M is estimated to be 2.1 with the future projection ranging from a low of 2.03 to a high of 2.14. Please be aware that this consensus of annual earnings estimates for 3M Company is based on EPS before non-recurring items and includes expenses related to employee stock options.

3M Earnings Projection Consensus

3M Earnings History

Earnings estimate consensus by 3M Company analysts from Wall Street is used by the market to judge 3M's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only 3M's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods. As of the 27th of April 2024, Price Earnings To Growth Ratio is likely to grow to 0.03, while Retained Earnings are likely to drop about 22.7 B. As of the 27th of April 2024, Common Stock Shares Outstanding is likely to grow to about 606.9 M, while Net Income Applicable To Common Shares is likely to drop about 4.4 B.

Hype Prediction Low Estimated High 90.20 91.83 93.46 Details

Intrinsic Valuation Low Real High 82.65 97.20 98.83 Details

Naive Forecast Low Next High 91.98 93.61 95.24 Details

19 Analysts Consensus Low Target High 103.46 113.69 126.20 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as 3M. Your research has to be compared to or analyzed against 3M's peers to derive any actionable benefits. When done correctly, 3M's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 3M Company. Note that many institutional investors and large investment bankers can move markets due to the volume of 3M assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards 3M. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving 3M's stock price in the short term.

3M Earnings per Share Projection vs Actual

Actual Earning per Share of 3M refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering 3M Company predict the company's earnings will be in the future. The higher the earnings per share of 3M, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

3M Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as 3M, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of 3M should always be considered in relation to other companies to make a more educated investment decision.

3M Quarterly Analyst Estimates and Surprise Metrics

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?

The net worth of 3M Company is the difference between its total assets and liabilities. 3M's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of 3M's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. 3M's net worth can be used as a measure of its financial health and stability which can help investors to decide if 3M is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in 3M Company stock.

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

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