3M among winning American glamour stocks

3M strong performer American glamour stocks

In the glamour stock segment 3M belongs to the outperformers. Over the past 12 months the glamour stock is an impressive 42 percent higher. The American glamour stocks are 27 percent higher. Investors pay now 49 times the CAPE-ratio per share. The average American glamour stocks are traded at 62.

For this year 3M 's revenue will be around 33,71 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2016's revenue of 31,66 billion USD.

Historical revenues and results 3M plus estimates 2018

The analysts expect for 2018 a net profit of 6,35 billion USD. The majority of the analysts expects for this year a profit per share of 10,54 USD. Based on this the price/earnings-ratio is 23,52.

Analysts expect a dividend of 5,32 USD per share. The dividend yield is then 2,15 percent. The average dividend yield of the diversified companies equals a moderate 1 percent.

Latest estimates around 205 USD

JP Morgan, RBC Capital Markets and Morgan Stanley recently provided recommendations for the stock.

3M 's market capitalization is based on the number of outstanding shares around 147,95 billion USD.

Historical stock prices 3M period 2007-2018

At 22.03 the stock trades 1,12 percent lower at 247,94 USD.

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.