3M (MMM) Competitors

$91.83
+0.42 (+0.46%)
(As of 04/26/2024 08:53 PM ET)

MMM vs. CSL, HON, DHR, ITT, IEP, FSS, IAC, GFF, WOR, and BATRA

Should you be buying 3M stock or one of its competitors? The main competitors of 3M include Carlisle Companies (CSL), Honeywell International (HON), Danaher (DHR), ITT (ITT), Icahn Enterprises (IEP), Federal Signal (FSS), IAC (IAC), Griffon (GFF), Worthington Enterprises (WOR), and Atlanta Braves (BATRA). These companies are all part of the "multi-sector conglomerates" sector.

3M vs.

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

Carlisle Companies presently has a consensus price target of $398.33, suggesting a potential downside of 0.56%. 3M has a consensus price target of $104.00, suggesting a potential upside of 13.25%. Given Carlisle Companies' higher probable upside, analysts clearly believe 3M is more favorable than Carlisle Companies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Carlisle Companies
1 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50
3M
1 Sell rating(s)
8 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Carlisle Companies pays an annual dividend of $3.40 per share and has a dividend yield of 0.8%. 3M pays an annual dividend of $6.04 per share and has a dividend yield of 6.6%. Carlisle Companies pays out 19.7% of its earnings in the form of a dividend. 3M pays out -47.8% 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. Carlisle Companies has increased its dividend for 47 consecutive years and 3M has increased its dividend for 67 consecutive years. 3M is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Carlisle Companies had 12 more articles in the media than 3M. MarketBeat recorded 30 mentions for Carlisle Companies and 18 mentions for 3M. Carlisle Companies' average media sentiment score of 0.63 beat 3M's score of 0.58 indicating that 3M is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Carlisle Companies
10 Very Positive mention(s)
7 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
3M
9 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

89.5% of Carlisle Companies shares are owned by institutional investors. Comparatively, 65.3% of 3M shares are owned by institutional investors. 1.5% of Carlisle Companies shares are owned by company insiders. Comparatively, 0.3% of 3M shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Carlisle Companies$4.59B4.17$765.80M$17.2523.22
3M$32.68B1.55-$7.00B-$12.63-7.27

Carlisle Companies has a net margin of 17.13% compared to Carlisle Companies' net margin of -21.40%. Carlisle Companies' return on equity of 62.45% beat 3M's return on equity.

Company Net Margins Return on Equity Return on Assets
Carlisle Companies17.13% 30.23% 12.89%
3M -21.40%62.45%10.45%

Carlisle Companies has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500. Comparatively, 3M has a beta of 1.02, indicating that its share price is 2% more volatile than the S&P 500.

3M received 444 more outperform votes than Carlisle Companies when rated by MarketBeat users. However, 67.08% of users gave Carlisle Companies an outperform vote while only 59.46% of users gave 3M an outperform vote.

CompanyUnderperformOutperform
Carlisle CompaniesOutperform Votes
436
67.08%
Underperform Votes
214
32.92%
3MOutperform Votes
880
59.46%
Underperform Votes
600
40.54%

Summary

Carlisle Companies beats 3M on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MMM 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$50.82B$3.08B$12.76B$17.40B
Dividend Yield6.61%2.20%3.89%3.54%
P/E Ratio-7.2716.777.2225.14
Price / Sales1.5562.2010.8011.69
Price / Cash7.1342.9411.2617.83
Price / Book10.424.112.064.62
Net Income-$7.00B-$6.13M$849.05M$959.72M
7 Day Performance-0.84%0.91%9.43%2.91%
1 Month Performance-13.43%-7.85%0.90%-2.16%
1 Year Performance-13.55%17.41%-0.13%15.80%

3M Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CSL
Carlisle Companies
4.0959 of 5 stars
$379.56
+2.5%
$390.33
+2.8%
+85.6%$18.14B$4.59B24.9111,000Earnings Report
Analyst Report
Short Interest ↓
Gap Up
HON
Honeywell International
3.2068 of 5 stars
$196.16
+0.3%
$219.67
+12.0%
-3.2%$127.36B$36.66B23.1695,000Earnings Report
Analyst Downgrade
DHR
Danaher
4.5843 of 5 stars
$253.11
+7.2%
$268.27
+6.0%
+4.1%$187.44B$23.89B39.6163,000Earnings Report
Insider Selling
Analyst Revision
High Trading Volume
ITT
ITT
3.6246 of 5 stars
$129.57
+3.0%
$135.57
+4.6%
+55.4%$10.66B$3.28B26.1210,600Upcoming Earnings
Short Interest ↓
IEP
Icahn Enterprises
2.3683 of 5 stars
$17.00
+2.0%
$27.00
+58.8%
-66.0%$7.29B$10.85B-9.3915,038
FSS
Federal Signal
2.5316 of 5 stars
$83.76
+2.1%
$70.50
-15.8%
+63.3%$5.11B$1.72B32.594,500Upcoming Earnings
Dividend Announcement
Short Interest ↓
News Coverage
IAC
IAC
3.4711 of 5 stars
$49.17
+1.4%
$78.69
+60.0%
-6.1%$3.94B$4.37B19.839,500Short Interest ↑
GFF
Griffon
4.1166 of 5 stars
$69.07
+3.8%
$69.50
+0.6%
+140.0%$3.52B$2.69B51.545,700Upcoming Earnings
WOR
Worthington Enterprises
2.7743 of 5 stars
$59.60
+3.5%
$61.00
+2.3%
-1.7%$2.99B$4.79B10.908,200Short Interest ↓
Positive News
BATRA
Atlanta Braves
0.1859 of 5 stars
$41.19
+1.6%
N/A+5.1%$2.55B$640.67M0.001,240

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This page (NYSE:MMM) was last updated on 4/29/2024 by MarketBeat.com Staff

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