MMM
3M shares jump on Q2 earnings beat, raised guidance
Article Summary
BUY- 3M Co. (NYSE: MMM) shares rose about 9% after reporting strong Q2 earnings and revenue above expectations, with adjusted EPS up 11% and revenue up 5.4% year over year to $6.5 billion, while operating margins expanded to 24.9% and operating income margin expanded 40 basis points to 25%. 3M Company raised full-year earnings guidance to $8.80-8.95 per share, up from its previous range of $8 to 8.70, reflecting stronger-than-expected sales growth and margin expansion.
- Management highlighted progress on strategic priorities and confidence in the company's ability to create long-term value.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 2.1% | 25% | 20.0 ptsMinimal (2.1%) - Very weak |
| EPS Growth Next 5Y ? | 8.5% | 25% | 20.0 ptsWeak (8.5%) - Low expectations |
| Target Price Upside ? | 3.2% | 20% | 20.0 ptsMinimal Upside (3.2%) - Target: $176.20 vs Current: $170.76 |
| Gross Margin % ? | 39.6% | 15% | 60.0 ptsSolid (39.6%) - Decent margins |
| Drawdown from 52-Wk High ? | -3.8% | 15% | 20.0 ptsBarely a Dip (-3.8%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About MMM
- 3M Company provides diversified technology services in the America, the Asia Pacific, Europe, the Middle East, Africa, and internationally.
- It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer.
- The Safety and Industrial segment provides industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles.
- The Transportation and Electronics segment provides ceramic solutions; attachment and bonding, films, sound, and temperature management for transportation vehicles; format graphic films for advertising and fleet signage; reflective signage for highway and vehicle safety; light management films and electronics assembly solutions; chip packaging and interconnection solutions; semiconductor production materials; and data center solutions.
- The Consumer segment offers cleaning products for the home; consumer air quality products; picture hanging accessories; retail abrasives, paint accessories, and safety products; stationery and office products; automotive appearance products; and consumer bandages, tapes, braces, and supports.
- It serves automotive; commercial solutions; consumer markets; design and construction; electronics; energy; government; manufacturing; safety; transportation industries.
- The company offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, channel partner, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.