Philip Morris International Inc [PM] stock is trading at $131.41, up 10.47%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PM shares have gain 9.13% over the last week, with a monthly amount glided 8.52%, and 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.
Philip Morris International Inc [PM] stock has fluctuated between $87.23 and $128.22 over the past year. Currently, Wall Street analysts expect the stock to reach $126.86 within the next 12 months. Philip Morris International Inc [NYSE: PM] shares were valued at $131.41 at the most recent close of the market. An investor can expect a potential drop of -3.46% based on the average PM price forecast.
Analyzing the PM fundamentals
Philip Morris International Inc [NYSE:PM] reported sales of 36.20B for the trailing twelve months, which represents a growth of 5.22%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.33%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is -0.87 and Total Capital is 0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.04.
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 125.76 points at the first support level, and at 120.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 134.51, and for the 2nd resistance point, it is at 137.62.
Ratios To Look Out For
For context, Philip Morris International Inc’s Current Ratio is 0.94. Also, the Quick Ratio is 0.52, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 5.64 and price to earnings (TTM) ratio is 23.27.
Transactions by insiders
Recent insider trading involved De Wilde Frederic, Pr SSEA CIS & MEA Region, that happened on Aug 22 ’24 when 20000.0 shares were sold. Officer, FREDERIC J DE WILDE completed a deal on Aug 22 ’24 to buy 20000.0 shares. Meanwhile, President, Europe Region Andolina Massimo sold 9000.0 shares on Aug 08 ’24.
