3M (MMM) Competitors

$96.35
+0.81 (+0.85%)
(As of 05/8/2024 ET)

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

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

3M vs.

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

Markel Group currently has a consensus target price of $1,520.00, indicating a potential downside of 5.94%. 3M has a consensus target price of $103.70, indicating a potential upside of 8.07%. Given Markel Group's stronger consensus rating and higher probable upside, analysts plainly believe 3M is more favorable than Markel Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Markel Group
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80
3M
1 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.09

3M received 588 more outperform votes than Markel Group when rated by MarketBeat users. However, 60.04% of users gave Markel Group an outperform vote while only 59.37% of users gave 3M an outperform vote.

CompanyUnderperformOutperform
Markel GroupOutperform Votes
293
60.04%
Underperform Votes
195
39.96%
3MOutperform Votes
881
59.37%
Underperform Votes
603
40.63%

Markel Group has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500. Comparatively, 3M has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.

In the previous week, 3M had 11 more articles in the media than Markel Group. MarketBeat recorded 30 mentions for 3M and 19 mentions for Markel Group. 3M's average media sentiment score of 0.84 beat Markel Group's score of 0.62 indicating that Markel Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Markel Group
8 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
3M
11 Very Positive mention(s)
4 Positive mention(s)
12 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Markel Group has a net margin of 15.23% compared to Markel Group's net margin of -21.57%. Markel Group's return on equity of 95.80% beat 3M's return on equity.

Company Net Margins Return on Equity Return on Assets
Markel Group15.23% 11.18% 2.92%
3M -21.57%95.80%10.50%

77.1% of Markel Group shares are held by institutional investors. Comparatively, 65.3% of 3M shares are held by institutional investors. 1.7% of Markel Group shares are held by insiders. Comparatively, 0.4% of 3M shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Markel Group$16.62B1.27$2.00B$185.148.74
3M$32.65B1.63-$7.00B-$12.72-7.57

Summary

3M beats Markel Group on 10 of the 18 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 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$53.32B$3.86B$13.29B$17.72B
Dividend Yield6.22%2.15%3.93%3.52%
P/E Ratio-7.5720.647.7624.80
Price / Sales1.6363.1817.8610.75
Price / Cash7.5545.3211.9115.59
Price / Book10.944.222.095.10
Net Income-$7.00B$4.65M$834.83M$967.52M
7 Day Performance-0.51%-1.44%0.01%1.66%
1 Month Performance4.04%-5.38%0.22%-1.43%
1 Year Performance-4.41%8.26%-0.79%108.46%

3M Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MKL
Markel Group
3.1179 of 5 stars
$1,615.15
+1.4%
$1,520.00
-5.9%
+17.8%$21.00B$15.80B8.7221,600Positive News
CSL
Carlisle Companies
4.0673 of 5 stars
$405.28
0.0%
$416.00
+2.6%
+92.7%$19.40B$4.59B23.4911,000Insider Selling
HON
Honeywell International
2.2958 of 5 stars
$196.85
+0.9%
$215.71
+9.6%
+0.6%$128.19B$36.66B22.8195,000
DHR
Danaher
4.7434 of 5 stars
$248.85
+0.6%
$267.31
+7.4%
+4.3%$184.32B$23.89B42.1863,000Dividend Announcement
ITT
ITT
4.3329 of 5 stars
$134.63
+2.4%
$135.57
+0.7%
+62.8%$11.08B$3.28B26.4010,600Earnings Report
Dividend Announcement
Analyst Forecast
Analyst Revision
IEP
Icahn Enterprises
2.7402 of 5 stars
$17.17
-1.1%
$27.00
+57.3%
-49.3%$7.37B$10.85B-9.4915,038News Coverage
FSS
Federal Signal
2.6387 of 5 stars
$85.88
+2.0%
$70.50
-17.9%
+61.2%$5.14B$1.76B29.014,500Analyst Revision
Positive News
IAC
IAC
3.5217 of 5 stars
$56.35
+1.1%
$78.23
+38.8%
+1.7%$4.52B$4.37B22.729,500High Trading Volume
GFF
Griffon
4.7158 of 5 stars
$67.75
-3.0%
$69.50
+2.6%
+142.3%$3.45B$2.69B50.565,700Earnings Report
Dividend Announcement
News Coverage
Gap Up
WOR
Worthington Enterprises
2.6867 of 5 stars
$58.70
-2.4%
$61.00
+3.9%
+2.2%$3.02B$4.79B10.738,200Positive News

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This page (NYSE:MMM) was last updated on 5/9/2024 by MarketBeat.com Staff

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