Professional
Added to YB: 2024-02-14
Pitch date: 2024-02-12
MMM [bullish]
3M Company
+123.93%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
3M Company provides diversified technology services in the Americas, the Asia Pacific, Europe, the Middle East, Africa, and internationally.
Market Cap
$87.1B
Pitch Price
$74.00
Price Target
127.00 (-25%)
Dividend
1.78%
EV/EBITDA
14.62
P/E
26.19
EV/Sales
3.83
Sector
Industrial Conglomerates
Category
turnaround
Show full summary:
Lackluster Operations and Legal Overhang Create Market Opportunity for 3M Company
3M faces slowing sales, supply chain issues & legal liabilities up to $9B. Competitive edge waning as R&D spend halved since 90s. Analyst cuts moat to narrow. $127 FVE on strong FCF & strategic M&A like Acelity despite high uncertainty from lawsuits & competition.
Read full article (9 min)