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3M (MMM) Competitors

3M logo
$129.28 +2.15 (+1.69%)
(As of 12/20/2024 05:31 PM 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.

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

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
General Electric11.48% 18.93% 3.20%
3M 15.37%104.66%10.18%

General Electric currently has a consensus target price of $201.93, indicating a potential upside of 19.93%. 3M has a consensus target price of $144.87, indicating a potential upside of 12.06%. Given General Electric's stronger consensus rating and higher possible upside, research analysts clearly believe General Electric is more favorable than 3M.

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

74.8% of General Electric shares are held by institutional investors. Comparatively, 65.3% of 3M shares are held by institutional investors. 0.7% of General Electric shares are held by insiders. Comparatively, 0.3% of 3M shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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
General Electric$69.95B2.60$9.48B$5.6929.59
3M$32.64B2.16-$7.00B$7.9216.32

General Electric received 1223 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
General ElectricOutperform Votes
2125
75.35%
Underperform Votes
695
24.65%
3MOutperform Votes
902
59.62%
Underperform Votes
611
40.38%

In the previous week, General Electric had 14 more articles in the media than 3M. MarketBeat recorded 19 mentions for General Electric and 5 mentions for 3M. 3M's average media sentiment score of 1.05 beat General Electric's score of 1.01 indicating that 3M is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
General Electric
11 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
3M
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

General Electric has a beta of 1.17, suggesting that its share price is 17% more volatile than the S&P 500. Comparatively, 3M has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500.

General Electric pays an annual dividend of $1.12 per share and has a dividend yield of 0.7%. 3M pays an annual dividend of $2.80 per share and has a dividend yield of 2.2%. General Electric pays out 19.7% of its earnings in the form of a dividend. 3M pays out 35.4% 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.

Summary

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

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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.
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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.
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MMM vs. The Competition

Metric3MSurgical & medical instruments IndustryMulti-Sector SectorNYSE Exchange
Market Cap$70.40B$4.36B$16.09B$19.19B
Dividend Yield2.19%41.46%3.12%3.58%
P/E Ratio16.3225.0112.0541.22
Price / Sales2.1645.675.1017.58
Price / Cash10.0843.4613.0721.28
Price / Book14.677.362.205.32
Net Income-$7.00B$13.64M$882.38M$989.67M
7 Day Performance-0.49%-2.82%-3.10%-3.45%
1 Month Performance1.54%0.54%-3.82%-3.73%
1 Year Performance22.48%41.80%-11.23%12.06%

3M Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MMM
3M
4.6582 of 5 stars
$129.28
+1.7%
$144.87
+12.1%
+24.7%$70.75B$32.68B16.3285,000Positive News
High Trading Volume
GE
General Electric
4.9153 of 5 stars
$166.77
+0.5%
$201.93
+21.1%
+36.5%$180.49B$69.95B29.49125,000Dividend Announcement
Positive News
DHR
Danaher
4.9036 of 5 stars
$235.50
+0.3%
$287.95
+22.3%
+0.8%$170.10B$23.89B44.8363,000Analyst Forecast
CSL
Carlisle Companies
4.6599 of 5 stars
$418.07
-0.5%
$472.00
+12.9%
+22.3%$18.95B$5.01B14.8611,000Analyst Forecast
SYK
Stryker
4.9654 of 5 stars
$374.87
+0.1%
$404.35
+7.9%
+26.5%$142.91B$20.50B40.1552,000Analyst Forecast
BSX
Boston Scientific
4.3274 of 5 stars
$91.08
+1.1%
$94.43
+3.7%
+61.8%$134.24B$15.91B75.0248,000Analyst Forecast
BDX
Becton, Dickinson and Company
4.8867 of 5 stars
$229.80
+1.9%
$283.50
+23.4%
-5.1%$66.44B$20.18B37.9774,000Analyst Downgrade
Insider Trade
Analyst Revision
RMD
ResMed
4.5281 of 5 stars
$240.93
+1.0%
$227.91
-5.4%
+36.4%$35.37B$4.81B31.599,980Positive News
DXCM
DexCom
4.9146 of 5 stars
$76.61
-0.8%
$98.00
+27.9%
-31.4%$29.92B$3.95B46.229,600
WST
West Pharmaceutical Services
4.9588 of 5 stars
$330.85
+0.2%
$437.75
+32.3%
-5.2%$23.96B$2.95B48.9710,600Positive News
PODD
Insulet
4.2543 of 5 stars
$267.86
-0.5%
$267.44
-0.2%
+28.2%$18.79B$1.70B46.123,000Positive News

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This page (NYSE:MMM) was last updated on 12/21/2024 by MarketBeat.com Staff
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