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A look at a High Market Cap Stock: 3M Company, MMM

3M Company, MMM is in the exchange NYSE and its industry is Diversified Machinery in the sector of Industrial Goods. Based in USA, 3M Company, MMM  has a market cap of 108839.62. Since its IPO date on the 1/2/1970, 3M Company, MMM performance year to date is 20.91%. Today 3M Company, MMM has gained -1.44%, with a current price of 177.05.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 67.20%. The management of the company have seen the company have a payout ratio of 52.70%. Return of assets are at 15.10%, with return on investment at 22.00%.

In terms of debt levels and profit levels, 3M Company, MMM is seeing a long-term debt/equity of 0.76. While Total debt/equity is 0.95. With a profit margin of 16.30%, this is combined with a gross margin of 49.50%, and operating margin of 23.30%. 3M Company ability to meet debt levels, with a current ratio of 1.5, while the quick ratio is 1.

For the last year 3M Company, MMM has seen a EPS growth of 1.30%. A performance for the year of 23.62%. The 52-week high is -2.86%, and the 52-week low is 34.85%. The average volume for 3M Company, MMM is 1930875.

With a target price of 176, can 3M Company, MMM reach this target? Looking at the value indicators of 3M Company, MMM. 3M Company has a P/E of 23.07 and a forward P/E of 20.09. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.57. 3M Company also has a P/S and a P/B of 3.62 and 9.3 respectively. For P/cash, 3M Company has a value of 71.94, while it is 42.93 for P/free cash flow.

At the current price of 177.05, 3M Company has a dividend yield of 2.47%. We see a return on equity of 40.30%.

Looking more long-term 3M Company, is projected to get an EPS growth for the next five years of 8.97%. In the short-term an EPS growth of 8.45% in the next year is forecasted. This is after a EPS growth of 1.30% for this year and for the last five years a 6.10% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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