Altria Group Inc (MO) shares projected to rise by -0.47%

Altria Group Inc [MO] stock is trading at $53.25, down -1.63%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MO shares have lost -2.63% over the last week, with a monthly amount drifted -5.48%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Altria Group Inc [NYSE: MO] stock has seen the most recent analyst activity on December 06, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $65 from $55. Previously, Citigroup reaffirmed its Neutral rating on October 08, 2024, and elevated its price target to $48. UBS downgraded its rating to a Sell but $38 remained the price target by the analyst firm on November 10, 2022. Barclays downgraded its rating to Underweight for this stock on June 29, 2022, and downed its price target to $36. In a note dated June 24, 2022, Morgan Stanley upgraded an Equal-Weight rating on this stock and revised its target price from $47 to $43.

Altria Group Inc [MO] stock has fluctuated between $39.25 and $58.03 over the past year. Currently, Wall Street analysts expect the stock to reach $53 within the next 12 months. Altria Group Inc [NYSE: MO] shares were valued at $53.25 at the most recent close of the market. An investor can expect a potential drop of -0.47% based on the average MO price forecast.

Analyzing the MO fundamentals

Altria Group Inc [NYSE:MO] reported sales of 20.36B for the trailing twelve months, which represents a growth of 1.27%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.61%, Pretax Profit Margin comes in at 0.67%, and Net Profit Margin reading is 0.51%. To continue investigating profitability, this company’s Return on Assets is posted at 0.3, Equity is -2.72 and Total Capital is 0.48. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-7.25.

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 52.92 points at the first support level, and at 52.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.88, and for the 2nd resistance point, it is at 54.50.

Ratios To Look Out For

For context, Altria Group Inc’s Current Ratio is 0.44. Also, the Quick Ratio is 0.30, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 4.43 and price to earnings (TTM) ratio is 8.99.

Transactions by insiders

Recent insider trading involved Whitaker Charles N., Sr. VP, Chief HR Off. & CCO, that happened on May 02 ’24 when 22487.0 shares were sold.

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