Philip Morris International Inc [PM] stock is trading at $94.41, up 1.87%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PM shares have gain 4.54% over the last week, with a monthly amount glided 6.07%, and seem to be holding up well over a long-time horizon.
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On 7, March 2024, Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.30 Per Share. In a post published today on Yahoo Finance, Regulatory News:.
From an analyst’s perspective:
Philip Morris International Inc [NYSE: PM] stock has seen the most recent analyst activity on March 05, 2024, when Argus downgraded its rating to a Hold. Previously, Societe Generale upgraded its rating to Hold on February 13, 2024. On January 23, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $86.50 on the stock. Redburn Atlantic started tracking the stock assigning a Neutral rating and suggested a price target of $95 on November 16, 2023. Citigroup upgraded its rating to a Buy and raised its price target to $117 on June 20, 2023. In a note dated March 30, 2023, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $109 to $116.
Philip Morris International Inc [PM] stock has fluctuated between $87.23 and $101.92 over the past year. Currently, Wall Street analysts expect the stock to reach $118.36 within the next 12 months. Philip Morris International Inc [NYSE: PM] shares were valued at $94.41 at the most recent close of the market. An investor can expect a potential return of 25.37% based on the average PM price forecast.
Analyzing the PM fundamentals
Philip Morris International Inc [NYSE:PM] reported sales of 34.98B for the trailing twelve months, which represents a growth of 11.09%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.33%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is -0.8 and Total Capital is 0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 93.35 points at the first support level, and at 92.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.97, and for the 2nd resistance point, it is at 95.52.
Philip Morris International Inc [PM] reported earnings per share of $1.36 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.45/share, meaning a difference of -$0.09 and a surprise factor of -6.20%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.67 per share as compared to estimates of $1.61 per share, a difference of $0.06 representing a surprise of 3.70%.
Ratios To Look Out For
For context, Philip Morris International Inc’s Current Ratio is 0.75. Further, the Quick Ratio stands at 0.34, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 4.19 and price to earnings (TTM) ratio is 18.83.
Transactions by insiders
Recent insider trading involved Barth Werner, Pr.Combusibles&GlobalComb.Mktg, that happened on Mar 07 ’24 when 5000.0 shares were sold. Vice President and Controller, Dobrowolski Reginaldo completed a deal on Mar 05 ’24 to sell 2000.0 shares. Meanwhile, Exec. Chairman of the Board Calantzopoulos Andre sold 95000.0 shares on Feb 22 ’24.
