200.38 0.00 (0.00%)
After hours: 6:54PM EDT
|Bid||196.00 x 800|
|Ask||200.70 x 800|
|Day's Range||198.40 - 202.52|
|52 Week Range||190.57 - 259.77|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||27.72|
|Forward Dividend & Yield||5.44 (2.68%)|
|1y Target Est||N/A|
Investing.com - Intuitive Surgical (NASDAQ:ISRG) reported third quarter earnings that missed analyst's expectations on Thursday and revenue that topped forecasts.
3M (MMM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
On October 10, Caterpillar (CAT) declared its latest quarterly dividend. Caterpillar has been paying dividends since 1933. Caterpillar has also announced the key dates for its third-quarter dividend payment.
3M Company (MMM) remained busy last week, launching two new products in different segments. On October 9, 3M launched SoluPrep Film-Forming Sterile Surgical Solution, a solution containing 2% chlorhexidine gluconate and 70% isopropyl alcohol, to fight surgical site infections caused by infectious bacteria around the surgical incision area.
Two important questions to ask before you buy 3M Company (NYSE:MMM) is, how it makes money and how it spends its cash. What is left after investment, determines the value Read More...
GSVlabs is bringing corporations like Fidelity and 3M into close quarters with disruptive startups in a 45,000-square-foot San Mateo “innovation center” that opened in August.
Investors are being spooked by the combination of rising long-term interest rates, weakness in emerging-market currencies (especially the Chinese yuan) and evidence that higher interest rates are starting to take a bite out of consumer demand for things like houses and automobiles. When the company last reported on July 17, earnings of $5.98 per share beat estimates by $1.33 on a 19.2% rise in revenues.
Boeing Co.'s stock took a 3.5% dive in afternoon trade Wednesday, enough to make it the biggest drag in the Dow Jones Industrial Average . The price decline of $13.62 was shaving about 92 points off the Dow's price, which was down 416 points. Regarding Boeing's delivery data released Tuesday, analyst Robert Stallard at Vertical Research Partners said Wednesday that the fact that monthly delivery rates for 737 and 787 aircraft were below the production rates means the company has "a lot to do if it is to hit its delivery forecast for this year of 810-815 aircraft." The second-biggest drag in the Dow was 3M Co.'s stock , which shed $4.74, or 2.3%, to take 32 points off the Dow. Nike Inc. shares were the biggest percentage decliner at 4.7%, but the price decline of $3.78 was the sixth largest, and shaved 26 points off the Dow.
The analysts tracking 3M (MMM) seem to be increasing again. Currently, 17 analysts are actively tracking 3M. Analysts’ consensus on 3M indicates a target price of $211.50, which implies a marginal gain of 0.5% over the closing price as of October 9.
3M (MMM) is one of the companies that has been generating a constant FCF (free cash flow) for a period of time. The quantum of the FCF generated by 3M in the past six years was an average of $4.7 billion, which indicates that 3M’s FCF is very strong.
The company has more than 75 defined benefit plans in 27 countries. 3M’s pension benefit plans are calculated based on an employee’s years of service, compensation, and age at the point of retirement. 3M closed its primary defined pension benefits plan to new participants effective January 1, 2009.
As part of the financial reforms instituted after the Great Recession, public companies are now required to be more transparent about their salaries than ever before. A provision in the Dodd-Frank Act, passed in 2010, requires publicly traded companies to disclose for the first time this year their median employee pay, as well as their CEO's annual compensation and the ratio between the two. With the technology sector driving much of the United States' economic growth — and traditionally non-tech companies like General Motors Co. and 3M Co. investing heavily in their digital business — we pulled the data for major Austin-area employers to get a better idea of how they operate.
In a press release from Caterpillar (CAT) on October 4, the company said that it was ranked 82nd in the latest Interbrand global brand top 100 rankings. In 2018, Caterpillar appeared in Interbrand’s rankings for the 17th consecutive year. Caterpillar has also been ranked as a top ten growing brand with an 18% increase for the year. Caterpillar remained positive for the week.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Please send all inquiries related to the report to firstname.lastname@example.org.
Kent has more than 25 years of experience across a variety of roles in the health care industry. She most recently served as president and general manager of the Infection Prevention Division at 3M Co., a global science company that manufactures and markets products and services across a range of industries.
3M Co. will shut down a manufacturing plant in Austin next year, laying off its 120 employees and shifting the work to a facility in New Ulm, Minn. Maplewood, Minn.-based 3M (NYSE: MMM) announced this week the plan to close the Austin site at the end of 2019. The plant, at 11705 Research Blvd. in Northwest Austin, employs 120 workers who make copper and fiber connectivity products for the utility sector. The decision to consolidate “is part of 3M’s ongoing efforts to optimize supply chain operations.
Aswath Damodaran, the author of "The Little Book of Valuation: How to Value a Company, Pick a Stock and Profit," told readers he was considering buying shares of 3M (MMM). In chapter three of his book, Damodaran said he had information about the company that would allow him to estimate the expected cash flows and assess the risk in those cash flows. How he got from these initial pieces of data to a decision is the process for establishing intrinsic value.
Shares of General Electric (NYSE:GE) have been a complete and total mess this year. Ahead of Monday’s open, blockbuster news propelled GE stock significantly higher. Unfortunately, the close was uninspiring and quite frankly, so is General Electric stock at this point.
The Dow Jones Industrial Average outstripped its equity benchmark peers on Tuesday to notch its 14th record close of 2018 even as the broader market slumped amid worries on China-U.S. trade relations and a simmering crisis emanating from Italy. The Dow closed up 123 points, or 0.5%, to close at 26,773, moving within range of a breach above a psychological milestone at 27,000. powered by gains in industrial components Boeing Co. 3M Co. and Caterpillar Inc. . The climb represented the blue-chip index's 14th all-time high of the year. However, the S&P 500 index ended the session flat at 2,923, but not far from a record of its own as a sharp decline in consumer-discretionary shares pressured the index lower. The Nasdaq Composite Index finished off 0.5% at 7,999. The moves come a day after the revamped North American Free Trade Agreement between the U.S., Canada and Mexico helped to underpin a mostly upbeat atmosphere on Wall Street, which outweighed worries about Italy, which has clashed with the European Union after EU officials claimed that the third-largest member of the trade bloc has violated fiscal rules with its recent budget plan. In corporate news, shares of Amazon.com Inc. fell 1.7% as the retailer announced that it was raising minimum wage to $15 an hour, while shares of Stitch Fix Inc. tumbled more than 35% after releasing its quarterly results.
As of September 26, 3M’s (MMM) one-year forward PE multiple is 19.26x. In comparison, Honeywell (HON) and Stanley Black & Decker (SWK) have one-year forward PE multiples of ~18.5x and 15.60x, respectively. The forward PE multiple takes future earnings into consideration.
3M’s interest expense has increased naturally along with the higher debt. 3M’s interest expense increased significantly from $171 million in 2012 to $322 million in 2017, which includes charges of $96 million for early debt retirement. At the end of the second quarter, 3M’s interest expense was $176 million.