|Bid||65.05 x 400|
|Ask||65.06 x 500|
|Day's range||64.48 - 65.14|
|52-week range||60.01 - 77.79|
|PE ratio (TTM)||8.58|
|Forward Dividend & Yield||2.64 (4.06%)|
|1y target est||N/A|
Analysts expect Altria stock to reach $72.31 in the next 12 months, which represents a return potential of 11.6%, based on its price of $64.81 on October 18.
As of October 18, 2017, Altria was trading at a forward PE multiple of 18.5x, compared with 20.9x before the announcement of its 2Q17 earnings.
Analysts expect Altria Group (MO) to report adjusted EPS (earnings per share) of $0.88, which would represent a 7.3% rise from $0.82 in 3Q16.
On October 18, 2017, Altria stock was trading at $64.81, which represents a fall of 9.6% since the announcement of its 2Q17 earnings on July 27, 2017.
One good investing approach in uncertain times is to insist on payment up front, investing in stocks that provide sustainable and growing dividends.
Philip Morris International (PM) is scheduled to report earnings on Thursday before trading begins, and what it says could ago a long way towards determining if it can make back the 4.2% drop it suffered during the past three months--or add to it instead. Philip Morris, the international business to Altria Group's (MO) U.S.-focused operations, is in the midst of trying to shift smokers to its iQos products, and its ability to do so will go a long way to determining whether it continues to be the dividend-paying cash cow investors know and love for the very long-term. In the short-term, Cowen's Vivien Azer and Aaron Grey will be "looking to see how the marketplace has evolved for iQos in Japan following the expansion of competitor products" when Phillip Morris reports. They explain: With the potential for meaningful profit accretion over time (beginning in 2018), iQos will again be a key focus.
Declining cigarette sales volumes expected to hurt Philip Morris' (PM) third-quarter results. However, the company expects significant growth in its heated tobacco products.
On October 10, 2017, analysts forecast a 12-month target price of $126.13 for Philip Morris International (PM), which represents 9.5% growth from its current stock price.
On July 28, 2017, the FDA announced that it’s planning to reduce the nicotine levels in cigarettes to non-addictive levels in the US.
On September 26, 2017, Philip Morris announced dividends of $1.07 per share at a yield of 3.7% and a payout ratio of 88.2%.
In 3Q17, analysts expect Philip Morris International (PM) to post gross margin, EBITDA margin, and net margin readings of 64.5%, 45.6%, and 28.1%, respectively.
MSCI has released a “rating” system for stocks which is based on ESG (Environmental, Social, Governance) factors. Are these factors strong enough to base an investment decision on, or is there a missing element?
Shares of Philip Morris International (PM) have been rising all year and got an extra boost this week from Wells Fargo analyst Bonnie Herzog when she urged investors to buy ahead of the tobacco firm's third quarter report, which is expected on October 19.
Altria and British American Tobacco are set to begin running court-mandated TV and newspaper ads with messages about how deadly smoking is and how addictive cigarettes are.
Major U.S. cigarette companies will soon begin publishing a series of blunt statements about the health risks of smoking as part of a court order stemming from a 1999 lawsuit brought by the federal government. ...
Tobacco stocks have amassed a mixed record thus far in 2017, and the Food and Drug Administration’s July announcement that it would lower the nicotine levels in cigarettes to nonaddictive levels was seen ...
With valuations at a two-year low and the potential upside looking well worth the risk, Altria Group (MO) is a good buy, proclaims Wells Fargo analyst Bonnie Herzog in a Wednesday note. At $64.22 it is down 5% this year and has a 4.1% dividend yield.