Free Trial

3M (MMM) Competitors

3M logo
$128.18 -1.99 (-1.53%)
(As of 11/19/2024 ET)

MMM vs. GE, DHR, CSL, SYK, BSX, BDX, RMD, DXCM, WST, and PODD

Should you be buying 3M stock or one of its competitors? The main competitors of 3M include General Electric (GE), Danaher (DHR), Carlisle Companies (CSL), Stryker (SYK), Boston Scientific (BSX), Becton, Dickinson and Company (BDX), ResMed (RMD), DexCom (DXCM), West Pharmaceutical Services (WST), and Insulet (PODD).

3M vs.

3M (NYSE:MMM) and General Electric (NYSE:GE) are both large-cap multi-sector conglomerates companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability, earnings, media sentiment and community ranking.

65.3% of 3M shares are held by institutional investors. Comparatively, 74.8% of General Electric shares are held by institutional investors. 0.4% of 3M shares are held by company insiders. Comparatively, 0.7% of General Electric shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, General Electric had 20 more articles in the media than 3M. MarketBeat recorded 39 mentions for General Electric and 19 mentions for 3M. 3M's average media sentiment score of 1.42 beat General Electric's score of 1.02 indicating that 3M is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
3M
15 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
General Electric
27 Very Positive mention(s)
0 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

3M has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500. Comparatively, General Electric has a beta of 1.19, indicating that its share price is 19% more volatile than the S&P 500.

3M pays an annual dividend of $2.80 per share and has a dividend yield of 2.2%. General Electric pays an annual dividend of $1.12 per share and has a dividend yield of 0.6%. 3M pays out 35.4% of its earnings in the form of a dividend. General Electric pays out 19.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

3M has a net margin of 15.37% compared to General Electric's net margin of 11.48%. 3M's return on equity of 104.66% beat General Electric's return on equity.

Company Net Margins Return on Equity Return on Assets
3M15.37% 104.66% 10.18%
General Electric 11.48%18.93%3.20%

General Electric received 1222 more outperform votes than 3M when rated by MarketBeat users. Likewise, 75.35% of users gave General Electric an outperform vote while only 59.62% of users gave 3M an outperform vote.

CompanyUnderperformOutperform
3MOutperform Votes
902
59.62%
Underperform Votes
611
40.38%
General ElectricOutperform Votes
2124
75.35%
Underperform Votes
695
24.65%

3M presently has a consensus price target of $144.87, suggesting a potential upside of 13.02%. General Electric has a consensus price target of $200.93, suggesting a potential upside of 13.17%. Given General Electric's stronger consensus rating and higher possible upside, analysts clearly believe General Electric is more favorable than 3M.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
3M
2 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.56
General Electric
0 Sell rating(s)
1 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.93

General Electric has higher revenue and earnings than 3M. 3M is trading at a lower price-to-earnings ratio than General Electric, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
3M$32.68B2.14-$7.00B$7.9216.18
General Electric$69.95B2.75$9.48B$5.6931.20

Summary

General Electric beats 3M on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

MMM vs. The Competition

Metric3MSurgical & medical instruments IndustryMulti-Sector SectorNYSE Exchange
Market Cap$69.80B$4.44B$17.27B$19.88B
Dividend Yield2.16%41.17%3.62%3.53%
P/E Ratio16.1816.6511.8838.93
Price / Sales2.1449.152.7018.33
Price / Cash10.0851.8912.9017.94
Price / Book14.555.352.265.66
Net Income-$7.00B$13.76M$871.07M$983.42M
7 Day Performance-1.64%16.14%-1.29%-0.67%
1 Month Performance-5.15%1.02%-7.65%0.47%
1 Year Performance34.45%48.07%-4.54%24.54%

3M Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MMM
3M
4.8611 of 5 stars
$128.18
-1.5%
$144.87
+13.0%
+34.4%$69.80B$32.68B16.1885,000Positive News
GE
General Electric
4.8453 of 5 stars
$177.56
+0.0%
N/A+48.0%$192.17B$69.95B31.20125,000Positive News
DHR
Danaher
4.9388 of 5 stars
$230.76
+0.3%
N/A+11.1%$166.67B$23.89B44.0463,000Analyst Downgrade
Positive News
CSL
Carlisle Companies
4.0596 of 5 stars
$434.97
-0.9%
N/A+59.2%$19.72B$4.59B15.3911,000Analyst Revision
SYK
Stryker
4.945 of 5 stars
$388.66
-0.2%
N/A+34.8%$148.16B$20.50B41.6652,000Positive News
BSX
Boston Scientific
4.6093 of 5 stars
$90.30
-0.2%
N/A+66.2%$133.09B$14.24B74.6348,000Analyst Forecast
BDX
Becton, Dickinson and Company
4.9897 of 5 stars
$222.73
-0.6%
N/A-4.5%$64.38B$20.18B37.5073,000Positive News
RMD
ResMed
4.8058 of 5 stars
$238.04
-0.6%
N/A+59.8%$34.94B$4.69B31.539,980Positive News
DXCM
DexCom
4.9821 of 5 stars
$74.88
-1.8%
N/A-28.7%$29.25B$3.62B44.849,600Positive News
WST
West Pharmaceutical Services
4.9663 of 5 stars
$304.08
-1.0%
N/A-11.3%$22.02B$2.88B45.1210,600Analyst Revision
PODD
Insulet
4.405 of 5 stars
$261.99
+0.5%
N/A+50.5%$18.38B$1.98B44.863,000

Related Companies and Tools


This page (NYSE:MMM) was last updated on 11/20/2024 by MarketBeat.com Staff
From Our Partners