MMM vs. DHR, GE, CSL, SYK, BSX, BDX, DXCM, RMD, WST, and BAX
Should you be buying 3M stock or one of its competitors? The main competitors of 3M include Danaher (DHR), General Electric (GE), Carlisle Companies (CSL), Stryker (SYK), Boston Scientific (BSX), Becton, Dickinson and Company (BDX), DexCom (DXCM), ResMed (RMD), West Pharmaceutical Services (WST), and Baxter International (BAX).
Danaher (NYSE:DHR) and 3M (NYSE:MMM) are both large-cap multi-sector conglomerates companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, community ranking, risk, media sentiment, profitability and institutional ownership.
79.1% of Danaher shares are held by institutional investors. Comparatively, 65.3% of 3M shares are held by institutional investors. 11.1% of Danaher shares are held by company insiders. Comparatively, 0.3% of 3M shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Danaher has a beta of 0.83, suggesting that its share price is 17% less volatile than the S&P 500. Comparatively, 3M has a beta of 1, suggesting that its share price has a similar volatility profile to the S&P 500.
Danaher has higher earnings, but lower revenue than 3M. 3M is trading at a lower price-to-earnings ratio than Danaher, indicating that it is currently the more affordable of the two stocks.
Danaher has a net margin of 16.78% compared to Danaher's net margin of -21.57%. Danaher's return on equity of 95.80% beat 3M's return on equity.
Danaher received 136 more outperform votes than 3M when rated by MarketBeat users. Likewise, 74.73% of users gave Danaher an outperform vote while only 59.53% of users gave 3M an outperform vote.
In the previous week, 3M had 9 more articles in the media than Danaher. MarketBeat recorded 18 mentions for 3M and 9 mentions for Danaher. 3M's average media sentiment score of 1.40 beat Danaher's score of 0.61 indicating that Danaher is being referred to more favorably in the media.
Danaher presently has a consensus price target of $267.31, suggesting a potential upside of 4.09%. 3M has a consensus price target of $108.55, suggesting a potential upside of 8.39%. Given Danaher's higher probable upside, analysts plainly believe 3M is more favorable than Danaher.
Danaher pays an annual dividend of $1.08 per share and has a dividend yield of 0.4%. 3M pays an annual dividend of $2.80 per share and has a dividend yield of 2.8%. Danaher pays out 18.3% of its earnings in the form of a dividend. 3M pays out -22.0% 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. Danaher has increased its dividend for 1 consecutive years and 3M has increased its dividend for 67 consecutive years. 3M is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Danaher beats 3M on 12 of the 21 factors compared between the two stocks.
Get 3M News Delivered to You Automatically
Sign up to receive the latest news and ratings for MMM and its competitors with MarketBeat's FREE daily newsletter.
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.
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.
Related Companies and Tools
