|Bid||187.61 x 900|
|Ask||191.95 x 1400|
|Day's Range||188.42 - 190.44|
|52 Week Range||176.87 - 259.77|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||25.44|
|Earnings Date||Jan 29, 2019|
|Forward Dividend & Yield||5.44 (2.81%)|
|1y Target Est||202.67|
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
3M (MMM) and Eckhart launch the 3M ATS solution, which uses collaborative robot technology to automate the manual processes that involve 3M Attachment Tapes.
NEW YORK, NY / ACCESSWIRE / January 16, 2019 /U.S. markets rose on Tuesday as Netflix helped push the tech sector higher after announcing it would raise the price of its monthly membership. Tech giants ...
3M , a global leader in consumer and industrial material sciences, and Eckhart, an Industry 4.0 solutions pioneer, today announced the successful launch of the 3M™ Automated Taping System , a collaborative robot-based automated tape application system jointly developed by both companies for the automotive and industrial market.
3M’s stock slumped to be the biggest drag on the Dow Jones Industrial Average, after the most bearish analyst covering the diversified industrial and consumer products company got a little more bearish.
GE Transportation-Wabtec Merger Gets Another Step CloserDOJ approvalGeneral Electric’s (GE) transportation unit and Wabtec got another step closer toward their proposed $11.1 billion merger with approval from the US Department of Justice (or
These funds may not shine in the headiest of bull markets, but their managers excel at picking stocks when the markets are volatile and risks abound. It’s time to give them a look.
On January 9, 3M (MMM) announced that it has entered into a collaboration with ON Semiconductor to improve the road safety. ON Semiconductor’s image sensing technology and 3M’s roadway safety experience should improve the navigation for vehicles that are equipped with automated driving features.
# 3M Co ### NYSE:MMM View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for MMM with fewer than 5% of shares on loan. 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. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding MMM is favorable, with net inflows of $25.57 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. MMM credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The Dow Jones Industrial Average is one of the oldest and hallowed stock market indices in the world. Created in 1896, the Dow consists of 30 large-cap American companies, many of which pay dividends. While many companies in the Dow are considered blue chips, they certainly aren't created equal, nor are all the industrial average's dividend stocks necessarily safe bets for dependable income. In June 2018, for example, General Electric (GE) was booted from the index after having been a member for more than a century. GE's share price had slumped more than 50% in the year leading up to the firm's removal from the Dow, and management also had cut the dividend for just the second time since the Great Depression. To help identify the best dividend growth stocks in the Dow and avoid the GEs of the world, research firm Simply Safe Dividends utilizes a Dividend Safety Score system that has caught more than 98% of dividend cuts in advance. We'll use that system to take a closer look at nine Dow dividend growth stocks that appear positioned to reward shareholders with safe and solid payout expansion in the years ahead. ### SEE ALSO: 19 Best Stocks to Buy for 2019 (And 5 to Sell)
Will Restructuring Initiatives Put GE Back on Growth Trajectory? (Continued from Prior Part) ## Attractive valuation Last year’s ~57% plunge in General Electric (GE) stock has made its valuation attractive in the industrial sector. At current market prices, GE trades at a PE ratio of 9.96x, a significant discount to the industrial sector’s (XLI) PE ratio of 24.32x. The stock also trades at a lower PE multiple to its top peers. The company’s main competitors such as Honeywell International (HON), 3M Company (MMM), and United Technologies (UTX) are trading at PE multiples of 16.77x, 19.50x, and 14.65x, respectively. Furthermore, based on analysts’ next-12-month earnings projections, GE is trading at a discount to competitors. Forward PE ratios for GE, HON, MMM, and UTX are pegged at 8.91x, 16.70x, 17.68x, and 13.71x, respectively. The PE valuation multiple is used widely because of its simplicity, but the measurement has some flaws. For example, earnings of a company can be easily manipulated, thus making the ratio meaningless. Therefore, we’ll compare these companies based on EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple. Currently, GE has an EV-to-EBITDA ratio of 31.54x, which is higher than HON, MMM, and UTX’s EV-to-EBITDA multiple of 10.87x 15.10x, and 10.87x, respectively. However, based on analysts’ next-12-month EBITDA estimates, GE is trading at a discounted EV-to-EBITDA multiple against HON and MMM, while at a premium to UTX. Forward EV-to-EBITDA ratios of GE, HON, MMM, and UTX are pegged at 9.40x, 11.85x, 12.38x, and 8.71x, respectively. ## Analysts’ rating and target price GE has received a consensus “hold” recommendation from analysts polled by Reuters. Of the 20 analysts tracking the stock, four recommended a “strong buy,” five recommended a “buy,” nine recommended a “hold,” and the remaining two recommended a “strong sell.” Analysts have lowered their target price and EPS estimates for General Electric since its third-quarter results. The stock’s current 12-month consensus target price of $12.37 is ~20% lower than its target price of $15.50 on October 30, the day it reported its third-quarter results. The mean estimate for GE’s 2018 EPS fell to $0.71 from $0.83 on October 30. The company’s 2019 EPS estimate has been revised downward to $0.85 from $0.93. Browse this series on Market Realist: * Part 1 - GE Was Worst Performer in the Industrial Sector Last Year * Part 2 - Will Restructuring Initiatives Bring GE Back to Growth Trajectory? * Part 3 - Aviation Segment to Drive GE’s Revenues in 2019
Investing.com - After a double dose of dispiriting news in the previous session, the market bounced back sharply Friday on a trifecta of positives: Powell, jobs and China.
Will Restructuring Initiatives Put GE Back on Growth Trajectory? In mid-November 2018, General Electric’s (GE) newly appointed CEO Larry Culp announced a leadership shuffle to help turn around the company’s ailing Power business. The leadership shuffle includes bringing back former GE executive John Rice from retirement to be the chair of the newly structured gas power business.
On January 3, Honeywell (HON) announced that it had bagged a project to modernize the Kunsan Air Base, a US Air Force base in South Korea. Honeywell expects the project to be completed in November 2020. Further, there will be lighting improvements and water conservation measures.