Philip Morris International Inc (PM) stock price forecast predicts $127.57 value

At the time of writing, Philip Morris International Inc [PM] stock is trading at $131.72, up 2.43%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PM shares have gain 5.42% over the last week, with a monthly amount glided 9.57%, 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.

For the past year, the stock price of Philip Morris International Inc fluctuated between $87.82 and $134.15. Currently, Wall Street analysts expect the stock to reach $127.57 within the next 12 months. Philip Morris International Inc [NYSE: PM] shares were valued at $131.72 at the most recent close of the market. An investor can expect a potential drop of -3.15% based on the average PM price forecast.

Analyzing the PM fundamentals

According to Philip Morris International Inc [NYSE:PM], the company’s sales were 37.00B for trailing twelve months, which represents an 8.82% jump. 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 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is -0.96 and Total Capital is 0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.08.

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 129.70 points at the first support level, and at 127.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 132.85, and for the 2nd resistance point, it is at 133.98.

Ratios To Look Out For

It is important to note that Philip Morris International Inc [NYSE:PM] has a current ratio of 0.89. As well, the Quick Ratio is 0.49, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 5.55 and price to earnings (TTM) ratio is 20.89.

Transactions by insiders

Recent insider trading involved Volpetti Stefano, Pr.SmokeFree&ChiefCons.Officer, that happened on Oct 31 ’24 when 10000.0 shares were sold. Officer, STEFANO VOLPETTI completed a deal on Oct 31 ’24 to buy 10000.0 shares. Meanwhile, Chairman Calantzopoulos Andre sold 0.1 million shares on Oct 23 ’24.

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