3M (MMM) Competitors

$97.15
+0.34 (+0.35%)
(As of 05/3/2024 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.

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

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

3M presently has a consensus target price of $103.70, suggesting a potential upside of 6.73%. Markel Group has a consensus target price of $1,520.00, suggesting a potential downside of 3.79%. Given 3M's stronger consensus rating and higher possible upside, equities research analysts clearly believe 3M is more favorable than Markel Group.

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

65.3% of 3M shares are owned by institutional investors. Comparatively, 77.1% of Markel Group shares are owned by institutional investors. 0.3% of 3M shares are owned by company insiders. Comparatively, 1.7% of Markel Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Markel Group has lower revenue, but higher earnings 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
3M$32.68B1.65-$7.00B-$12.72-7.64
Markel Group$15.80B1.30$2.00B$185.148.53

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

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

Company Net Margins Return on Equity Return on Assets
3M-21.57% 95.80% 10.50%
Markel Group 15.23%11.18%2.92%

In the previous week, 3M had 31 more articles in the media than Markel Group. MarketBeat recorded 50 mentions for 3M and 19 mentions for Markel Group. Markel Group's average media sentiment score of 0.82 beat 3M's score of 0.64 indicating that Markel Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
3M
13 Very Positive mention(s)
8 Positive mention(s)
19 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Markel Group
9 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

3M beats Markel Group on 10 of the 18 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$53.76B$3.84B$13.24B$17.43B
Dividend Yield6.55%2.16%3.87%3.58%
P/E Ratio-7.6419.657.6425.58
Price / Sales1.6571.3715.0012.18
Price / Cash7.6544.8411.7317.50
Price / Book10.904.372.094.92
Net Income-$7.00B$4.51M$850.84M$964.63M
7 Day Performance5.80%3.22%2.33%1.73%
1 Month Performance7.31%-3.69%0.00%-1.32%
1 Year Performance-4.60%10.24%0.54%101.87%

3M Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MKL
Markel Group
3.1391 of 5 stars
$1,460.52
+0.8%
$1,450.00
-0.7%
+17.6%$19.05B$15.80B9.9421,600Analyst Report
News Coverage
CSL
Carlisle Companies
4.0695 of 5 stars
$388.00
-2.3%
$398.33
+2.7%
+87.0%$18.55B$4.59B22.4911,000Dividend Announcement
High Trading Volume
HON
Honeywell International
3.3835 of 5 stars
$192.73
-0.5%
$215.71
+11.9%
-1.1%$125.50B$36.66B22.3395,000Dividend Announcement
Analyst Downgrade
Insider Selling
DHR
Danaher
4.6052 of 5 stars
$246.66
-0.1%
$269.64
+9.3%
+1.1%$182.70B$23.89B41.8163,000Insider Selling
ITT
ITT
3.9645 of 5 stars
$129.39
-2.4%
$135.57
+4.8%
+53.8%$10.64B$3.28B26.0910,600Earnings Report
Dividend Announcement
Analyst Revision
News Coverage
IEP
Icahn Enterprises
2.3267 of 5 stars
$17.64
+0.5%
$27.00
+53.1%
-46.7%$7.57B$10.85B-9.7515,038Upcoming Earnings
FSS
Federal Signal
2.3039 of 5 stars
$81.32
-4.5%
$70.50
-13.3%
+52.9%$4.96B$1.72B31.644,500Earnings Report
Analyst Revision
News Coverage
High Trading Volume
IAC
IAC
3.4793 of 5 stars
$47.56
-2.8%
$78.69
+65.5%
+5.3%$3.81B$4.37B19.189,500Upcoming Earnings
Analyst Report
GFF
Griffon
4.1223 of 5 stars
$65.48
-3.3%
$69.50
+6.1%
+137.4%$3.34B$2.69B48.875,700Upcoming Earnings
Analyst Upgrade
WOR
Worthington Enterprises
2.592 of 5 stars
$57.18
-1.9%
$61.00
+6.7%
+2.6%$2.87B$4.92B10.458,200Positive News

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This page (NYSE:MMM) was last updated on 5/4/2024 by MarketBeat.com Staff

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