3M Co.

MMM-N

NYSE:MMM

161.66
1.39 (0.87%)
The 3M Company, formerly known as the Minnesota Mining and Manufacturing Company, is an American multinational conglomerate corporation operating in the fields of industry, worker safety, health care, and consumer goods.
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Analysis and Opinions about MMM-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 24, 2020
Stockchase Research Editor: Michael O'Reilly We are being rewarded for our patience and are making MMM a Top Pick following a recent pullback in the stock. As previously reported, the maker of the N95 masks has been in the spot light as they have directly been keeping front line workers safer during the pandemic. For 2020 they expect to have produced 2 billion of the masks and continue to partner with the US Department of Defense. The company is mulling over selling the food safety business for $3.5 billion -- 10 times annual revenues of the segment. The segment contributed 1% of total sales in 2019. Their health care segment is expected to pick up as well, after seeing a 12% yoy slowdown, as delays in elective procedures are removed. It has an attractive yield that is backed by a payout ratio of 65% of cash flow. We look for this to test $185 and would use $149 as a stop-loss. Yield 3.69% (Analysts’ price target is $166.47)
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3M Co. (MMM-N)
September 24, 2020
Stockchase Research Editor: Michael O'Reilly We are being rewarded for our patience and are making MMM a Top Pick following a recent pullback in the stock. As previously reported, the maker of the N95 masks has been in the spot light as they have directly been keeping front line workers safer during the pandemic. For 2020 they expect to have produced 2 billion of the masks and continue to partner with the US Department of Defense. The company is mulling over selling the food safety business for $3.5 billion -- 10 times annual revenues of the segment. The segment contributed 1% of total sales in 2019. Their health care segment is expected to pick up as well, after seeing a 12% yoy slowdown, as delays in elective procedures are removed. It has an attractive yield that is backed by a payout ratio of 65% of cash flow. We look for this to test $185 and would use $149 as a stop-loss. Yield 3.69% (Analysts’ price target is $166.47)
BUY WEAKNESS
BUY WEAKNESS
September 17, 2020
Stockchase Research Editor: Michael O'Reilly The maker of the N95 masks has been in the spot light as they have directly been keeping front line workers safer during the pandemic. For 2020 they expect to have produced 2 billion of the masks and continue to partner with the US Department of Defense. The automotive OEM business has struggled with sales down 44% during the pandemic, but analysts expect that to rebound and that could have a sizable impact to the bottom line. Their health care segment is expected to pick up as well, after seeing a 12% yoy slowdown, as delays in elective procedures are removed. It has an attractive yield that is backed by a payout ratio of 65% of cash flow. We like the technical breakout recently and look for this Top Pick to test $185. We would like to buy on a pullback to $160 -- looking for over 15% upside. Yield 3.47%
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3M Co. (MMM-N)
September 17, 2020
Stockchase Research Editor: Michael O'Reilly The maker of the N95 masks has been in the spot light as they have directly been keeping front line workers safer during the pandemic. For 2020 they expect to have produced 2 billion of the masks and continue to partner with the US Department of Defense. The automotive OEM business has struggled with sales down 44% during the pandemic, but analysts expect that to rebound and that could have a sizable impact to the bottom line. Their health care segment is expected to pick up as well, after seeing a 12% yoy slowdown, as delays in elective procedures are removed. It has an attractive yield that is backed by a payout ratio of 65% of cash flow. We like the technical breakout recently and look for this Top Pick to test $185. We would like to buy on a pullback to $160 -- looking for over 15% upside. Yield 3.47%
DON'T BUY
DON'T BUY
July 23, 2020
Not so high on this one. Trouble getting traction. Exposed to the global economy. Revenues for 2021 will be lower than in 2018. Profitability metrics are challenged. PFAS lawsuit is building steam, which could be as big as asbestos or lead in paint issues.
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3M Co. (MMM-N)
July 23, 2020
Not so high on this one. Trouble getting traction. Exposed to the global economy. Revenues for 2021 will be lower than in 2018. Profitability metrics are challenged. PFAS lawsuit is building steam, which could be as big as asbestos or lead in paint issues.
DON'T BUY
DON'T BUY
April 23, 2020
The shares broke down below some strong support and then bounced off one of his break points. It has only bounced back to its fair market value. The problem is that the fair market value and the earnings have been slipping for two years. It is not a COVID-19 issue. He does not think there is much in it for you.
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3M Co. (MMM-N)
April 23, 2020
The shares broke down below some strong support and then bounced off one of his break points. It has only bounced back to its fair market value. The problem is that the fair market value and the earnings have been slipping for two years. It is not a COVID-19 issue. He does not think there is much in it for you.
BUY
BUY
April 20, 2020
You need more cash than debt for the dividend to be safe, in general. If you can get it for 3 to 5 years, you are holding a national champion. If you are fixed on just near term income, then perhaps it is not for you.
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3M Co. (MMM-N)
April 20, 2020
You need more cash than debt for the dividend to be safe, in general. If you can get it for 3 to 5 years, you are holding a national champion. If you are fixed on just near term income, then perhaps it is not for you.
WAIT
WAIT
March 12, 2020
Multi-dimensional company. Had a nice multiple and consistent earnings. In last little while, it's become more cyclical. Missed numbers, which is a makeup of their products. Earnings quality has fallen. Don't own it until you see more stability in company direction. You can own it cheaper. Decent yield of 3.6%.
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3M Co. (MMM-N)
March 12, 2020
Multi-dimensional company. Had a nice multiple and consistent earnings. In last little while, it's become more cyclical. Missed numbers, which is a makeup of their products. Earnings quality has fallen. Don't own it until you see more stability in company direction. You can own it cheaper. Decent yield of 3.6%.
DON'T BUY
DON'T BUY
February 25, 2020
It's an underperforming industrial stock that has stumbled in recent years. The nail in the coffin for him is that a carcinogenic chemical in many of its products is leading to lawsuits which he fears will accelerate.
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3M Co. (MMM-N)
February 25, 2020
It's an underperforming industrial stock that has stumbled in recent years. The nail in the coffin for him is that a carcinogenic chemical in many of its products is leading to lawsuits which he fears will accelerate.
DON'T BUY
DON'T BUY
January 28, 2020
It's had a rough 18 months, but remains a quality company. Activists may be trying to break up this company. It's not his favourite stock. Earnings came out today and they announced re-structuring charges, and they are in the middle of litigation about a chemical leaching into water. Pass. If you already own it, you probably have a big capital gain, or you can switch to Honeywell.
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3M Co. (MMM-N)
January 28, 2020
It's had a rough 18 months, but remains a quality company. Activists may be trying to break up this company. It's not his favourite stock. Earnings came out today and they announced re-structuring charges, and they are in the middle of litigation about a chemical leaching into water. Pass. If you already own it, you probably have a big capital gain, or you can switch to Honeywell.
DON'T BUY
DON'T BUY
November 27, 2019
He's looked at it over the years. It's a great industrial. What worries him is they're at great litigation risk because of PFAS, in products like Scotchguard. Avoid it.
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3M Co. (MMM-N)
November 27, 2019
He's looked at it over the years. It's a great industrial. What worries him is they're at great litigation risk because of PFAS, in products like Scotchguard. Avoid it.
WATCH
WATCH
November 22, 2019
The whole industrial space has struggled due to the slow-down. It’s missed its quarterly numbers a couple times in a row. Investors are a little upset with it, though it is a well diversified manufacturing company. He’s looked into it but hasn’t purchased it yet. It’s not a bad bet if you think there won’t be a recession.
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3M Co. (MMM-N)
November 22, 2019
The whole industrial space has struggled due to the slow-down. It’s missed its quarterly numbers a couple times in a row. Investors are a little upset with it, though it is a well diversified manufacturing company. He’s looked into it but hasn’t purchased it yet. It’s not a bad bet if you think there won’t be a recession.
DON'T BUY
DON'T BUY
October 24, 2019
Tough earnings report this morning underscores moderating global growth. Dividend solid, but share price weak. Technical signs not great. Underperforming the broader S&P. Organic growth slowing. Biggest risk is litigation. Yield is 3.6%.
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3M Co. (MMM-N)
October 24, 2019
Tough earnings report this morning underscores moderating global growth. Dividend solid, but share price weak. Technical signs not great. Underperforming the broader S&P. Organic growth slowing. Biggest risk is litigation. Yield is 3.6%.
COMMENT
COMMENT
October 4, 2019
CCL vs 3M MMM-N has a lot of pollution liability and is facing large lawsuits for ground water polluting. CCL.B-T is a disciplined acquirer, making labels and packaging. He thinks CCL.B-T maybe oversold and would come back. He would favour it over MMM-N.
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3M Co. (MMM-N)
October 4, 2019
CCL vs 3M MMM-N has a lot of pollution liability and is facing large lawsuits for ground water polluting. CCL.B-T is a disciplined acquirer, making labels and packaging. He thinks CCL.B-T maybe oversold and would come back. He would favour it over MMM-N.
DON'T BUY
DON'T BUY
October 2, 2019
He is not holding this one. A good company, but not a great one. It was a beneficiary when GE was doing poorly and more recently to Boeing's issues. All are big in the industrial space and big traders swing among them at various times. They have a lot of exposure to the Japanese Yen, which has been unhelpful to them.
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3M Co. (MMM-N)
October 2, 2019
He is not holding this one. A good company, but not a great one. It was a beneficiary when GE was doing poorly and more recently to Boeing's issues. All are big in the industrial space and big traders swing among them at various times. They have a lot of exposure to the Japanese Yen, which has been unhelpful to them.
DON'T BUY
DON'T BUY
August 7, 2019
He would stay away. They have had earnings misses and negative revisions. Not a good risk, especially this late in the cycle.
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3M Co. (MMM-N)
August 7, 2019
He would stay away. They have had earnings misses and negative revisions. Not a good risk, especially this late in the cycle.
DON'T BUY
DON'T BUY
December 11, 2018
A diversified industrial company across consumer, industrials and materials, but they have weak topline growth. About 18 months ago, they bought back stock, but added debt, when interest rates were low. Not her first choice in this space. Others have better top- and bottom-line growth.
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3M Co. (MMM-N)
December 11, 2018
A diversified industrial company across consumer, industrials and materials, but they have weak topline growth. About 18 months ago, they bought back stock, but added debt, when interest rates were low. Not her first choice in this space. Others have better top- and bottom-line growth.
Showing 1 to 15 of 154 entries

3M Co.(MMM-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 9

Stockchase rating for 3M Co. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

3M Co.(MMM-N) Frequently Asked Questions

What is 3M Co. stock symbol?

3M Co. is a American stock, trading under the symbol MMM-N on the New York Stock Exchange (MMM). It is usually referred to as NYSE:MMM or MMM-N

Is 3M Co. a buy or a sell?

In the last year, 9 stock analysts published opinions about MMM-N. 2 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for 3M Co..

Is 3M Co. a good investment or a top pick?

3M Co. was recommended as a Top Pick by Stockchase Research on 2020-09-24. Read the latest stock experts ratings for 3M Co..

Why is 3M Co. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is 3M Co. worth watching?

9 stock analysts on Stockchase covered 3M Co. In the last year. It is a trending stock that is worth watching.

What is 3M Co. stock price?

On 2020-09-28, 3M Co. (MMM-N) stock closed at a price of $161.66.