Added to YB: 2024-01-24
Pitch date: 2024-01-23
MMM [bearish]
3M Company
-116.19%
current return
Author Info
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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
$76.64
Price Target
N/A
Dividend
1.78%
EV/EBITDA
14.62
P/E
26.19
EV/Sales
3.83
Sector
Industrial Conglomerates
Category
N/A
Show full summary:
3M: Small Beat But Weak Guidance
$MMM Q4 miss: org sales -1.4% QoQ,-3.2% YoY; '23 EPS guide $9.35-$9.75<$9.81 est; heavy adj to $2.42 vs $2.34 actual; big legal liabilities; 12x P/E high for no growth; healthcare spin lackluster; ~10x EV/EBITDA w/ all settlements; more downside than up, bankruptcy risk
Read full article (4 min)