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3M Company (MMM) is a leading specialty industrial machinery business with stocks listed in the US. It opened the day at US$198.94 after a previous close of US$198.59. During the day the price has varied from a low of USD197.44 to a high of USD199.35. The latest price was USD198.3 (25 minute delay). 3M Company is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in 3M Company
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for 3M Company. Find the share by name or ticker symbol: MMM. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until 3M Company reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of 3M Company, depending on your broker.
- Check in on your investment. Congratulations, you own a part of 3M Company. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- 3M Company key stats
- Compare share trading platforms
- Is 3M Company stock a buy or sell?
- 3M Company performance over time
- Can I short 3M Company shares?
- Is 3M Company suitable for ethical investing?
- Are 3M Company shares over-valued?
- 3M Company's financials
- How volatile are 3M Company shares?
- Does 3M Company pay a dividend?
- Have 3M Company shares ever split?
- Other common questions
3M Company share priceUse our graph to track the performance of MMM stocks over time.
3M Company shares at a glance
|52-week range||US$126.5151 - US$199.29|
|50-day moving average||US$188.4965|
|200-day moving average||US$175.4009|
|Dividend yield||US$5.88 (2.99%)|
|Earnings per share (TTM)||US$9.25|
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Is it a good time to buy 3M Company stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
3M Company price performance over time
|1 month (2021-03-19)||5.08%|
Is 3M Company under- or over-valued?
Valuing 3M Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of 3M Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
3M Company's P/E ratio
3M Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, 3M Company shares trade at around 21x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
3M Company's PEG ratio
3M Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.1216. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into 3M Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
3M Company's EBITDA
3M Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$9 billion (£6.4 billion).
The EBITDA is a measure of a 3M Company's overall financial performance and is widely used to measure a its profitability.
3M Company financials
|Revenue TTM||US$32.2 billion|
|Operating margin TTM||21.97%|
|Gross profit TTM||US$15.7 billion|
|Return on assets TTM||9.61%|
|Return on equity TTM||46.74%|
|Market capitalisation||US$114.4 billion|
TTM: trailing 12 months
Shorting 3M Company shares
There are currently 10.6 million 3M Company shares held short by investors – that's known as 3M Company's "short interest". This figure is 14.8% up from 9.3 million last month.
There are a few different ways that this level of interest in shorting 3M Company shares can be evaluated.
3M Company's "short interest ratio" (SIR)
3M Company's "short interest ratio" (SIR) is the quantity of 3M Company shares currently shorted divided by the average quantity of 3M Company shares traded daily (recently around 2.7 million). 3M Company's SIR currently stands at 3.88. In other words for every 100,000 3M Company shares traded daily on the market, roughly 3880 shares are currently held short.
However 3M Company's short interest can also be evaluated against the total number of 3M Company shares, or, against the total number of tradable 3M Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case 3M Company's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 3M Company shares in existence, roughly 20 shares are currently held short) or 0.0184% of the tradable shares (for every 100,000 tradable 3M Company shares, roughly 18 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against 3M Company.
Find out more about how you can short 3M Company stock.
3M Company's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like 3M Company.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
3M Company's total ESG risk score
Total ESG risk: 35.86
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and 3M Company's overall score of 35.86 (as at 12/31/2018) is pretty weak – landing it in it in the 76th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like 3M Company is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
3M Company's environmental score
Environmental score: 12.29/100
3M Company's environmental score of 12.29 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that 3M Company is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
3M Company's social score
Social score: 16/100
3M Company's social score of 16 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that 3M Company is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
3M Company's governance score
Governance score: 8.57/100
3M Company's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that 3M Company is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
3M Company's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. 3M Company scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that 3M Company hasn't always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||35.86|
|Total ESG percentile||75.92|
|Environmental score percentile||4|
|Social score percentile||4|
|Governance score percentile||4|
|Level of controversy||3|
3M Company share dividends
Dividend payout ratio: 67.31% of net profits
Recently 3M Company has paid out, on average, around 67.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.01% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), 3M Company shareholders could enjoy a 3.01% return on their shares, in the form of dividend payments. In 3M Company's case, that would currently equate to about $5.88 per share.
3M Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
3M Company's most recent dividend payout was on 11 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 February 2021 (the "ex-dividend date").
Have 3M Company's shares ever split?
3M Company's shares were split on a 2:1 basis on 29 September 2003. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your 3M Company shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for 3M Company shares which in turn could have impacted 3M Company's share price.
3M Company share price volatility
Over the last 12 months, 3M Company's shares have ranged in value from as little as US$126.5151 up to US$199.29. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while 3M Company's is 0.963. This would suggest that 3M Company's shares are less volatile than average (for this exchange).
3M Company overview
3M Company develops, manufactures, and markets various products worldwide. It operates through four business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers personal safety products, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules to industrial, electrical, and safety markets. The Transportation and Electronics provides electronics, such as display materials and systems, electronic materials solutions; automotive and aerospace, and commercial solutions; advanced materials; and transportation safety products to transportation and electronic original equipment manufacturer customers. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care, separation and purification sciences, health information systems, drug delivery systems, and food safety products to healthcare industry. The Consumer segment provides home improvement, home care, and consumer health care products, as well as stationery and office supplies to various consumers. This segment is also involved in the retail auto care business. It offers its products through various e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers, as well as directly to users. 3M Company has a strategic collaboration with Merry Maids in residential cleaning sector. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.
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