3M (MMM) Competitors

$91.80
+0.39 (+0.43%)
(As of 04/26/2024 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.

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

In the previous week, Carlisle Companies had 16 more articles in the media than 3M. MarketBeat recorded 34 mentions for Carlisle Companies and 18 mentions for 3M. 3M's average media sentiment score of 0.66 beat Carlisle Companies' score of 0.49 indicating that 3M is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
3M
9 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Carlisle Companies
9 Very Positive mention(s)
8 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Carlisle Companies has lower revenue, but higher earnings 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
3M$32.68B1.55-$7.00B-$12.63-7.27
Carlisle Companies$4.59B4.18$765.80M$15.2426.31

Carlisle Companies has a net margin of 15.07% compared to 3M's net margin of -21.40%. 3M's return on equity of 62.45% beat Carlisle Companies' return on equity.

Company Net Margins Return on Equity Return on Assets
3M-21.40% 62.45% 10.45%
Carlisle Companies 15.07%28.31%12.09%

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

3M currently has a consensus price target of $104.00, suggesting a potential upside of 13.29%. Carlisle Companies has a consensus price target of $398.33, suggesting a potential downside of 0.65%. Given 3M's higher possible upside, equities research analysts clearly believe 3M is more favorable than Carlisle Companies.

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

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

3M pays an annual dividend of $6.04 per share and has a dividend yield of 6.6%. Carlisle Companies pays an annual dividend of $3.40 per share and has a dividend yield of 0.8%. 3M pays out -47.8% of its earnings in the form of a dividend. Carlisle Companies pays out 22.3% 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. 3M is clearly the better dividend stock, given its higher yield and lower payout ratio.

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

Summary

Carlisle Companies beats 3M on 12 of the 20 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$50.82B$3.77B$12.60B$17.45B
Dividend Yield6.56%2.01%3.94%3.53%
P/E Ratio-7.2713.506.9523.44
Price / Sales1.5563.2910.7310.63
Price / Cash7.1543.4211.5817.68
Price / Book10.424.182.044.87
Net Income-$7.00B$4.60M$864.49M$964.96M
7 Day Performance-0.56%0.68%3.49%1.86%
1 Month Performance-10.52%-7.41%-2.78%-1.55%
1 Year Performance-10.78%17.73%0.30%103.97%

3M Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CSL
Carlisle Companies
4.1598 of 5 stars
$379.56
+2.5%
$390.33
+2.8%
+78.8%$18.14B$4.59B24.9111,000Earnings Report
Analyst Report
Short Interest ↓
Gap Up
HON
Honeywell International
3.3416 of 5 stars
$196.16
+0.3%
$219.67
+12.0%
-1.5%$127.36B$36.66B23.1695,000Earnings Report
News Coverage
DHR
Danaher
4.6467 of 5 stars
$253.11
+7.2%
$268.27
+6.0%
+6.0%$187.44B$23.89B39.6163,000Earnings Report
Analyst Report
Insider Selling
Analyst Revision
News Coverage
High Trading Volume
ITT
ITT
3.7943 of 5 stars
$129.57
+3.0%
$135.57
+4.6%
+58.3%$10.66B$3.28B26.1210,600Upcoming Earnings
Short Interest ↓
IEP
Icahn Enterprises
1.8226 of 5 stars
$17.00
+2.0%
$27.00
+58.8%
-66.4%$7.29B$10.85B-9.3915,038
FSS
Federal Signal
2.4964 of 5 stars
$83.76
+2.1%
$70.50
-15.8%
+62.8%$5.11B$1.72B32.594,500Upcoming Earnings
Dividend Announcement
Short Interest ↓
IAC
IAC
3.0322 of 5 stars
$49.17
+1.4%
$78.69
+60.0%
-0.9%$3.94B$4.37B19.839,500Short Interest ↑
GFF
Griffon
4.0754 of 5 stars
$69.07
+3.8%
$69.50
+0.6%
+139.1%$3.52B$2.69B51.545,700Upcoming Earnings
News Coverage
WOR
Worthington Enterprises
2.5822 of 5 stars
$59.60
+3.5%
$61.00
+2.3%
-3.9%$2.99B$4.79B10.908,200Short Interest ↓
Positive News
BATRA
Atlanta Braves
0.1474 of 5 stars
$41.19
+1.6%
N/A+6.4%$2.55B$640.67M0.001,240

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This page (NYSE:MMM) was last updated on 4/26/2024 by MarketBeat.com Staff

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