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4-Traders Homepage  >  Equities  >  Nyse  >  3M    MMM

3M (MMM)
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3M Co : 3M Ranks as One of the Top Innovators on Booz & Company List for Third Straight Year

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11/01/2012 | 05:05pm CET

3M has earned a top spot on Booz & Company's list of most innovative companies for the third consecutive year, ranking number three behind Apple and Google.

Booz & Company, a global management consulting firm, surveyed nearly 700 innovation leaders from companies worldwide to determine which companies those leaders see as the most innovative companies in the world.

In addition to the survey, Booz & Company also examined corporate R&D spending through its Global Innovation 1000 Study, which looked at the 1,000 public companies that spent the most on R&D in 2011. Last year, 3M spent approximately $1.6 billion on R&D. The studied revealed that the most innovative companies are not necessarily the biggest spenders. For example, among the Global Innovation 1000 companies 3M ranked 86th in R&D spending, while Apple and Google ranked 53rd and 26th respectively.

Earlier this year, 3M set a vision for the company that captures the essence of its innovative culture: 3M technology advancing every company; 3M products enhancing every home; and 3M innovation improving every life.

About 3M
3M captures the spark of new ideas and transforms them into thousands of ingenious products. Our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3M is the innovation company that never stops inventing. With $30 billion in sales, 3M employs 84,000 people worldwide and has operations in more than 65 countries. For more information, visit www.3M.com or follow @3MNews on Twitter.

3M
Donna Fleming Runyon, 651-736-7646


© Business Wire 2012
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Financials ($)
Sales 2018 33 737 M
EBIT 2018 8 313 M
Net income 2018 6 344 M
Debt 2018 9 701 M
Yield 2018 2,30%
P/E ratio 2018 22,11
P/E ratio 2019 20,21
EV / Sales 2018 4,39x
EV / Sales 2019 4,25x
Capitalization 138 B
Chart 3M
Duration : Period :
3M Technical Analysis Chart | MMM | US88579Y1010 | 4-Traders
Technical analysis trends 3M
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 15
Average target price 247 $
Spread / Average Target 6,3%
EPS Revisions
Managers
NameTitle
Inge G. Thulin Chairman, President & Chief Executive Officer
Michael F. Roman Chief Operating Officer & Executive Vice President
Nicholas C. Gangestad Chief Financial Officer & Senior Vice President
Julie L. Bushman Senior Vice President-Business Transformation
Ashish K. Khandpur CTO, Senior Vice President-Research & Development
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