At the time of writing, Philip Morris International Inc [PM] stock is trading at $88.60, down -0.28%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PM shares have lost -1.90% over the last week, with a monthly amount drifted -5.69%, and not seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of Philip Morris International Inc fluctuated between $87.23 and $101.92. 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 $88.60 at the most recent close of the market. An investor can expect a potential return of 33.59% based on the average PM price forecast.
Analyzing the PM fundamentals
According to Philip Morris International Inc [NYSE:PM], the company’s sales were 34.98B for trailing twelve months, which represents an 11.09% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 87.75 points at the first support level, and at 86.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.53, and for the 2nd resistance point, it is at 90.45.
Ratios To Look Out For
It is important to note that Philip Morris International Inc [NYSE:PM] has a current ratio of 0.75. In addition, the Quick Ratio stands at 0.34 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 3.93 and price to earnings (TTM) ratio is 17.67.
Transactions by insiders
Recent insider trading involved Andolina Massimo, President, Europe Region, that happened on Mar 15 ’24 when 8250.0 shares were sold. Pr.Combusibles&GlobalComb.Mktg, Barth Werner completed a deal on Mar 07 ’24 to sell 5000.0 shares. Meanwhile, Vice President and Controller Dobrowolski Reginaldo sold 2000.0 shares on Mar 05 ’24.
