|Bid||201.5700 x 1400|
|Ask||201.6000 x 800|
|Day's Range||199.5100 - 201.8300|
|52 Week Range||191.4400 - 259.7700|
|PE Ratio (TTM)||29.89|
|Forward Dividend & Yield||5.44 (2.71%)|
|1y Target Est||N/A|
Fabian Siegel of Marley Spoon says the company's focus remains on "building the business" to attract long-term equity value.
Can 3M Bring the Magic Back in Its Q2 2018 Earnings? In a press release on July 10, the 3M Company (MMM) said that it would announce its second-quarter earnings results before the market opens on July 24. 3M announced its first-quarter results on April 24.
General Electric (NYSE:GE) has recently become a story of one shoe after another dropping. The bounce that GE stock received after its removal from the Dow Jones Industrial Average appears to have run its course. Now, as the Boston-based conglomerate prepares to announce earnings, unwelcome surprises with GE Capital have come to light.
The S&P 500 is an index containing the largest stocks in the country. Generally speaking, the index is also used as a benchmark, as everyone from retail investors to hedge fund managers compare their performance to it. With that being said, there are a lot of names in the S&P 500 that investors don’t want to own, simply because they are not performing well.
Ahead of its all-important second-quarter fiscal 2018 earnings report, Johnson & Johnson (NYSE:JNJ) finds itself in an unenviable situation. At the surface level, and even if you go down a little deeper, Johnson & Johnson’s circumstances don’t appear bright. Over the trailing 52-week period, JNJ stock has dropped 5.6%.
On July 9, 3M (MMM) announced that the USDA (U.S. Department of Agriculture) FSIS (Food Safety and Inspection Service) awarded the company with a contract for supplying pathogen detection instruments and kits. The FSIS will use 3M’s Molecular Detection System to detect Salmonella, Listeria monocytogenes, and E.coli O157. These organisms impact the safety of meat, poultry, and egg products.
The World Cup began in 1930. After a 12-year break due to World War II, the soccer — oops, fútbol — tournament has been played every four years since 1950. This weekend we watched France beat Croatia 4-2 to win the 2018 World Cup.
LANSING, Mich. (AP) — Gov. Rick Snyder said Friday that the state of Michigan intends to sue the Minnesota-based manufacturer of chemicals linked to contaminated water near military bases and industrial sites, citing "significant costs" that will only rise in the future.
Warren Buffett’s grandson Howard is a Columbia University professor. Socially responsible investments, suggests the younger Buffett, are the way of the future. “Truly, business interests and societal interests can be one and the same,” Howard Buffett wrote in a May 31 contribution to Harvard Business Review.
U.S. markets are on edge following the Trump administration's latest round of proposed tariffs on $200 billion in Chinese imports. A new wave of uncertainty regarding a forthcoming global trade war led the Dow Jones Industrial Average (DJIA) index to fall triple digits on Wednesday.
3M is one of six companies in the ranking that scored in the top 15% to 20% in all five categories of management effectiveness. The company, No. 8 overall in the ranking, is well known for consumer products such as Post-it Notes and masking tape but makes a wide range of business products as well, including industrial adhesives, electronics and energy products. In addition to innovation, the Management Top 250 evaluates companies’ management on consumer satisfaction, social responsibility, financial strength and employee engagement and development.
MARKET PULSE U.S. stock-index benchmarks on Wednesday opened firmly lower, set to close in the red for the first time in five sessions after the Trump administration said it would place tariffs on a further $200 billion in Chinese goods, escalating tensions between trading partners in Washington and in other parts of the globe.
MARKET PULSE All 30 of the Dow Jones Industrial Average's (djia) components' shares were falling in premarket trade Wednesday, as worries over the escalation of a trade war with China weighed on the broader stock market.
3M's (MMM) Molecular Detection System will be used by the U.S. Department of Agriculture Food Safety and Inspection Service for detecting major pathogenic organisms.
The new chief executive of 3M Co is looking at both buying companies and selling underperforming units while investing in developing the next blockbuster product in a bid to drive faster growth at the industrials group that makes products ranging from adhesive tape to air filters. "We're looking at acquisitions in attractive parts of our portfolio… and how they can leverage our fundamental strengths," Mike Roman told Reuters just before taking up his role on July 1. 3M's sales were $31.7 billion in 2017, and business is growing during an economic upturn.
The new chief executive of 3M Co (MMM.N) is looking at both buying companies and selling underperforming units while investing in developing the next blockbuster product in a bid to drive faster growth at the industrials group that makes products ranging from adhesive tape to air filters. "We're looking at acquisitions in attractive parts of our portfolio… and how they can leverage our fundamental strengths," Mike Roman told Reuters just before taking up his role on July 1. 3M's sales were $31.7 billion in 2017, and business is growing during an economic upturn.
With the market headed into a period of volatility, it's important investors stick with financially sound companies.
(Note:The author of this fundamental analysis is a financial writer and portfolio manager.) The Dow Jones Industrial Average has fallen by 2% for the year and is nearly 9% off its highs. But 3M Co. ( MMM), International Business Machines Corp.
Some of the reasons it lists include a portfolio of market-leading businesses, organic growth, margin improvements, significant scale and disciplined capital allocation. As most seasoned investors are aware, efficient capital allocation is the hallmark of great companies. Let’s consider Eaton’s capital allocation for a moment.
The latest data as of May 31 show that 3M’s (MMM) short interest is range-bound in 2018. Its short interest has fallen to 1.3% as of May 31. Although 3M stock has fallen more than 20% from its all-time high of $258, positive sentiment remains.
As of June 26, 3M’s (MMM) one-year forward PE multiple is 18.05x. That compares to Honeywell International’s (HON) PE multiple of 17.2x and Stanley Black & Decker’s (SWK) of 15.0x. A forward PE multiple takes future earnings into consideration.