|Bid||3,680.00 x 54200|
|Ask||4,000.00 x 67200|
|Day's range||3,721.00 - 3,851.00|
|52-week range||2,879.89 - 17,365.40|
|PE ratio (TTM)||2.10|
|Earnings date||26 Jul 2018|
|Forward dividend & yield||1.95 (4.68%)|
|1y target est||5,314.06|
In February, BAT said it planned to increase spending on "next generation" products by 500 million pounds in 2018. BAT, the world's second-biggest international tobacco company by revenue, currently trails Philip Morris International (PM.N) in tobacco-heating products.
British American Tobacco (Kuala Lumpur: 4162.KL - news) is raising its investment in new vaping devices again, as Big Tobacco reacts to new competitors such as fast-growing U.S. group Juul. In February, BAT said it planned to increase spending on "next generation" products by 500 million pounds ($697 million)in 2018. BAT, the world's second-biggest international tobacco company by revenue, currently trails Philip Morris International (IOB: 0M8V.IL - news) in tobacco-heating products.
British American Tobacco plans to increase investment in next-generation products such as e-cigarettes and devices that heat tobacco without burning it, this year, with a large number of launches planned ...
Philip Morris International (PM) posted its 1Q18 earnings before the market opened on April 19, 2018. The company reported adjusted EPS (earnings per share) of $1 on revenue of $6.9 billion. The company’s EPS rose 2.0% YoY (year-over-year), while its revenue rose 13.7%.
Weak shipment volumes stemming from declining cigarette sales have long been a hurdle for firms in the tobacco space. However, RRPs are likely to continue expanding.
Zacks Investment Ideas feature highlights: Phillip Morris International, Altria and British American Tobacco
A slim, USB-chargeable e-cigarette that comes in flavors like “crème brulée” and “cool cucumber,” the Juul has quickly become one of the most popular such products among teens and young adults. While experts, parents and teachers say they’re worried about the trend, young adults may be missing one of the crucial reasons why, a new study published in the peer-reviewed journal Tobacco Control has found. Only a minority of young people who were familiar with or had recently used the Juul knew that it contains the addictive stimulant nicotine, according to the study.
The tobacco industry could experience significant growth which may help it to outperform a range of pharma stocks.
Philip Morris International (PM), an American tobacco company, is scheduled to announce its 1Q18 earnings before the market opens on April 19, 2018. In 4Q17, Philip Morris posted adjusted EPS (earnings per share) of $1.31 on revenues of $8.29 billion. The increase of 3.8% in total shipment volume, growth in RRP (reduced risk products) sales, and better-than-expected revenue in 4Q17 appear to have increased investors’ confidence, leading to a rise in the company’s stock price.
The latest salvo in a trade row between the U.S. and China weighed on Britain's FTSE 100 on Friday, though the damage was limited as mining and bank stocks fell while utilities made gains. President Donald ...
Harvey Jones says the FTSE 100's (INDEXFTSE: UKX) two millennium superstars are now available at bargain valuations.
Defensive stocks won the day in European markets on Wednesday, driving regional benchmarks higher despite heavy losses in the technology sector amid concern over a regulatory crackdown. The pan-regional ...
British shares fell on Monday, reversing earlier gains and joining a broader pull-back in Europe where diplomatic tensions with Russia helped more than offset easing trade war fears. The FTSE 100 fell ...
The UK's top share index fell below a key level on Thursday, hit by concerns over potential trade wars and following a hawkish surprise from the Bank of England's policy meeting. The BoE kept interest rates on hold but two policymakers unexpectedly voted for a hike, cementing expectations that borrowing costs will rise in May. "This meeting can certainly be interpreted as a step towards a hike in May. The pound ran out of steam having already had an exceptional week and having rallied hard into the announcement," Fiona Cincotta, Senior Market Analyst at City Index.
The UK's top share index fell below a key level on Thursday, hit by concerns over potential trade wars and following a hawkish surprise from the Bank of England's policy meeting. The BoE kept interest ...
Tobacco stocks are trading lower on Wednesday, after another blow from the Food and Drug Administration. The FDA issued its Advanced Notice for Proposed Rulemaking (ANPRM) for characterizing flavors in tobacco products including menthol cigarettes, signaling its intent to regulate these, in both traditional and e-cigarettes. This follows on the heels of its proposed rule for nicotine in tobacco products, released just last week.
The Food and Drug Administration will consider restricting the use of menthol flavoring in cigarettes, the second move in a week by the agency to make smoking less enjoyable as part of an ambitious anti-tobacco ...