Why is 3M not doing well?
Asked by: Leda Volkman | Last update: August 5, 2025Score: 4.7/5 (25 votes)
Why is 3M stock doing so poorly?
3M revenues declined from $35.4 billion in 2021 to $32.6 billion now. The decline in sales can partly be attributed to lower demand for respirators and other personal protective equipment. A weak consumer sentiment, forex headwinds, lower automotive aftermarket demand also weighed on the overall sales growth.
Is 3M Company in trouble?
3M agreed to pay a $1,521,481 penalty for 244 separate counts under TSCA. As a result of the audit, 3M has corrected a number of violations, including failures to notify EPA on new chemicals, late reporting on substantial risk information, and other reporting violations.
What's happening to 3M?
3M was growing at a healthy rate back in 2021, but its organic sales growth slowed down significantly in 2022 and 2023 as its operating margins crumbled.
Is 3M stock going to recover?
We estimate 3M's Valuation to be $117 per share, slightly below its current level of around $128. Our forecast is based on a 16x P/E multiple for MMM and expected earnings of $7.21 on a per-share and adjusted basis for the full year 2024.
2 Reasons 3M Could Be a Dividend Trap
Is 3M ever going to settle?
January 3, 2025: The 3M earplugs MDL, the largest in history, continues to decline as more cases settle. In December, another 24,000 cases were resolved or dismissed, bringing the total down to 124,143 pending cases. We will see more lawsuits settling in 2025 and this number will continue to shrink.
Is 3M still a good investment?
3M Company - Hold
Valuation metrics show that 3M Company may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of MMM, demonstrate its potential to underperform the market. It currently has a Growth Score of F.
Why did 3M fail?
The list of 3M's problems is long. In recent years, 3M's growth hasn't lived up to historical trends. That's not good and it has investors worried about the future. Adding to that is a broad sense that this once innovative industrial company hasn't been focusing enough on its research and development efforts.
Who owns most of 3M stock?
Who owns the most shares of 3M (MMM)? Vanguard owns the most shares of 3M (MMM).
What is the outlook for 3M?
The average price target for 3M is $150.44. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $184.00 ,the lowest forecast is $96.00. The average price target represents 6.67% Increase from the current price of $141.03.
Is 3M breaking up?
3M remains on track to spin out its healthcare unit in the first half of the year, the company said as part of its fourth-quarter results. The company announced the plan to separate its healthcare business in July 2022, at which time it aimed to complete the split by the end of 2023.
What is the reputation of 3M?
3M has an overall rating of 3.9 out of 5, based on over 7,737 reviews left anonymously by employees. 72% of employees would recommend working at 3M to a friend and 48% have a positive outlook for the business. This rating has improved by 2% over the last 12 months.
What are the allegations against 3M?
Aug 30 (Reuters) - 3M (MMM. N) , opens new tab, Corteva (CTVA. N) , opens new tab and Chemours (CC. N) , opens new tab were hit with a class action lawsuit on Friday accusing them of covering up the health risks of so-called "forever chemicals" used in carpets and rugs nationwide.
What has 3M done wrong?
Between 1951 and 2000, 3M produced at least 100 million pounds of PFOS and chemicals that degrade into PFOS. This is roughly the weight of the Titanic. After the late '70s, when 3M scientists established that the chemical was toxic in animals and was accumulating in humans, it produced millions of pounds per year.
Is 3M dividend safe?
3M has paid dividends to its shareholders without interruption for more than 100 years. Have your 3M dividends automatically reinvested in additional 3M stock through 3M's automatic Dividend Reinvestment Plan (the "Plan").
Is 3M in debt?
3M long term debt for 2022 was $14.001B, a 12.8% decline from 2021. 3M long term debt for 2021 was $16.056B, a 10.75% decline from 2020.
Why is 3M delisted?
3M has decided to delist from NYSE Arca Inc. to eliminate duplicative administrative requirements and costs inherent with dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca.
Is 3M overvalued?
The intrinsic value of one MMM stock under the Base Case scenario is 115.986 USD. Compared to the current market price of 149.905 USD, 3M Co is Overvalued by 23%.
Is 3M the largest company in the world?
3M is ranked—as of May 5, 2023 — in eighth place among the world's largest conglomerates, close to companies such as Siemens and General Electric. In 2023, the net sales of 3M Company stood at 32.7 billion U.S. dollars. The company is currently headquartered in Maplewood, Minnesota.
Why is 3M doing bad?
Revenue declined at the company's Transportation and Electronics and Consumer divisions. 3M's sales were hurt by a drop in global demand for vehicles and consumers cutting back on spending, the company said.
Is 3M going downhill?
Notably, management's outlook has become more positive now compared to their perspective earlier in the year. The stock is up by over 40.5% in 2024 so far. 3M Company (NYSE:MMM) posted solid earnings for the third quarter of 2024.
What is the 30 percent rule 3M?
3M's “30/4 rule” states that as much as 30% of the company's profit must come from products developed within the past four years, an approach designed to increase innovation speed. Every year, the company invests around $1 billion in research and development (R&D), which accounts for 6% of its revenue.
Can 3M recover?
3M's revenue growth has slowed to a standstill as it's delivering fewer innovative new products these days. Its margins are under pressure as more competitors have entered its markets. There's no easy way out -- 3M may be in a downward spiral it can't recover from.
Where does 3M make the most money?
3M manufactures and distributes products, including building materials, adhesives, and medical and home cleaning supplies. The company's Safety and Industrial segment generates the most sales and profits.
What is the outlook for 3M Company?
Looking forward, 3M expects its full-year 2025 adjusted organic sales to rise as much as 3%, and its adjusted earnings per share to be in the range of $7.60 and $7.90. This compares with the street estimate of a low single-digit decline in sales and adjusted earnings estimate of $7.78 per share.