|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||214.75 - 218.73|
|52 Week Range||192.36 - 259.77|
|PE Ratio (TTM)||27.22|
|Earnings Date||Apr 24, 2018|
|Forward Dividend & Yield||5.44 (2.51%)|
|1y Target Est||237.92|
Caterpillar and Coca-Cola earnings will set the tone for investors on Tuesday as the busiest week of first quarter earnings season gets underway.
Honeywell International’s (HON) Aerospace segment is the company’s most significant revenue contributor. It accounted for 38.3% of the company’s 1Q18 revenue and 37.4% of its 1Q17 revenue, marking a gain of 0.9 percentage points YoY (year-over-year). In 1Q18, the segment’s revenue rose 12.1% YoY to $4.0 billion from $3.6 billion.
Honeywell International (HON) reported revenue of $10.4 billion in 1Q18, marking a 9.5% increase from 1Q17. Honeywell beat analysts’ estimate of $10.0 billion and marked its highest-ever first-quarter revenue. Since 2012, Honeywell’s first quarter revenue has grown at a compound annual rate of 2.2%. Its product sales rose 9.2% in 1Q18, and its service sales rose 10.5%.
First-quarter earnings for 3M may not be exciting, but analysts think there’s a lot of slow and steady upside for an industrial.
Earnings of the Conglomerates sector are expected to decline year over year. Read to know how 3M Company (MMM) and United Technologies (UTX) are likely to fare.
Moody's Investors Service, ("Moody's") has assigned a Ba1 corporate family rating (CFR) and Ba1-PD probability of default rating to NMC Health plc (NMC), the largest healthcare provider in the ...
Commodity prices risk along with stiff competition and risk from adverse foreign currency translations are likely to hurt 3M Company's (MMM) financials in first-quarter 2018.
3M Company ( MMM) is a multi-national technology-based conglomerate providing innovations in raw materials, water, energy, health, safety and education. 3M is set to report first quarter earnings before the opening bell on Tuesday, April 24. 3M shares closed Thursday at $218.85, down 7% year to date and in correction territory at 15.8% below its 2018 high of $259.77 set on Jan. 26.
As of April 17, 2018, 3M’s (MMM) one-year forward PE (price-to-earnings) multiple was 20.40x—compared to Honeywell International’s (HON) multiple of 21.50x. A forward PE multiple takes future earnings into consideration.
The latest data as of March 29, 2018, show that 3M’s (MMM) short interest has fallen. The bearish sentiment in the stock decreased after the stock went through a correction after reaching an all-time high of $258.63. The short interest fell to 1.2% as of March 29, 2018.
Keith Bliss of Cuttone and Company joins Yahoo Finance editor-in-chief, Andy Serwer, Seana Smith and Julia LaRoche to discuss the latest market moves.