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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 108267.7. Since its IPO date on the 1/2/1970, 3M Company, MMM performance year to date is 20.20%. Today 3M Company, MMM has gained -0.17%, with a current price of 178.28.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 67.30%. The management of the company have seen the company have a payout ratio of 53.30%. Return of assets are at 14.80%, 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 0.78. While Total debt/equity is 0.99. With a profit margin of 16.30%, this is combined with a gross margin of 49.70%, and operating margin of 23.40%. 3M Company ability to meet debt levels, with a current ratio of 1.6, while the quick ratio is 1.1.

For the last year 3M Company, MMM has seen a EPS growth of 1.30%. A performance for the year of 23.26%. The 52-week high is -2.19%, and the 52-week low is 35.78%. The average volume for 3M Company, MMM is 639345.

With a target price of 178.79, can 3M Company, MMM reach this target? Looking at the value indicators of 3M Company, MMM. 3M Company has a P/E of 22.76 and a forward P/E of 20.17. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.55. 3M Company also has a P/S and a P/B of 3.6 and 9.11 respectively. For P/cash, 3M Company has a value of 58.05, while it is 43.26 for P/free cash flow.

At the current price of 178.28, 3M Company has a dividend yield of 2.49%. We see a return on equity of 41.20%.

Looking more long-term 3M Company, is projected to get an EPS growth for the next five years of 8.93%. In the short-term an EPS growth of 7.83% 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.

About the author

Peter Clarke

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