Altria Group Inc. (MO) stock price forecast predicts $49.4 value

At the time of writing, Altria Group Inc. [MO] stock is trading at $40.75, down -0.49%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MO shares have lost -3.23% over the last week, with a monthly amount drifted -7.11%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On November 10, 2022, downgrade downgraded it’s rating to Sell but maintained its price target of $38 on the stock. Barclays downgraded its rating to a Underweight and decreased its price target to $36 on June 29, 2022. Morgan Stanley upgraded its rating to a Equal-Weight and reduced its price target to $43 on June 24, 2022. Morgan Stanley downgraded its rating to Underweight for this stock on June 08, 2022, and downed its price target to $50. In a note dated May 10, 2022, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $58 to $53.

For the past year, the stock price of Altria Group Inc. fluctuated between $39.06 and $48.04. Currently, Wall Street analysts expect the stock to reach $49.4 within the next 12 months. Altria Group Inc. [NYSE: MO] shares were valued at $40.75 at the most recent close of the market. An investor can expect a potential return of 21.23% based on the average MO price forecast.

Analyzing the MO fundamentals

According to Altria Group Inc. [NYSE:MO], the company’s sales were 20.50B for trailing twelve months, which represents an -1.16% plunge. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.58%, Pretax Profit Margin comes in at 0.51%, and Net Profit Margin reading is 0.38%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is -2.22 and Total Capital is 0.46. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -7.41.

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 40.62 points at the first support level, and at 40.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.99, and for the 2nd resistance point, it is at 41.22.

Ratios To Look Out For

It is important to note that Altria Group Inc. [NYSE:MO] has a current ratio of 0.49. In addition, the Quick Ratio stands at 0.39 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 3.51 and price to earnings (TTM) ratio is 8.93.

Transactions by insiders

Recent insider trading involved Davis Robert Matthews, Director, that happened on Nov 06 ’23 when 1200.0 shares were purchased. Director, Clarke Ian L.T. completed a deal on Nov 06 ’23 to buy 1100.0 shares.

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