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Philip Morris (PM)
NYSE:PM
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PM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$87.23 - $128.22
Previous Close$119.74
Volume18.37M
Average Volume (3M)5.15M
Market Cap
$186.17B
Enterprise Value$232.31B
Total Cash (Recent Filing)$4.81B
Total Debt (Recent Filing)$49.14B
Price to Earnings (P/E)21.2
Beta0.51
Next Earnings
Oct 22, 2024EPS Estimate
$1.82Next Dividend Ex-Date
Sep 26, 2024Dividend Yield4.3%
Share Statistics
EPS (TTM)5.65
Shares Outstanding1,554,801,534
10 Day Avg. Volume6,103,584
30 Day Avg. Volume5,153,347
Standard Deviation0.06
R-Squared0.24
Alpha0.00852
Financial Highlights & Ratios
Price to Book (P/B)3.02
Price to Sales (P/S)5.16
Price to Cash Flow (P/CF)10.20
P/FCF Ratio10.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.37
Enterprise Value/Gross Profit10.43
Enterprise Value/Ebitda15.46
Forecast
1Y Price Target
$130.57Price Target Upside8.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Philip Morris News
Bulls Say, Bears Say
Bulls Say
Growth ForecastsManagement raised its FY24 currency-neutral growth forecasts across key metrics, highlighting confidence and visibility.
Market OpportunityThe U.S. is identified as the world’s most profitable nicotine market and a significant opportunity for PM, with iQOS in the US estimated to be 3-4x more profitable at scale than its international cigarette business.
Strategic MovesPM announced the sale of its subsidiary Vectura Group to Molex Asia Holdings and the establishment of master service agreement to develop Vectura Fertin Pharma’s inhaled therapeutics pipeline.
Bears Say
Foreign Exchange EffectsExpect foreign exchange effects to worsen, but this is already arguably priced in.
Impairment ChargePM took an $680mn impairment charge at its W&H unit after unsuccessful clinical trials and slower than expected innovation.
Product TrajectoryExpect a sharp slowdown in US Zyn pouch trajectory compared to the first quarter.
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Ownership Overview
0.54% Insiders
36.88% Mutual Funds
50.30% Other Institutional Investors
12.27% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PM FAQ
What was Philip Morris’s price range in the past 12 months?
Philip Morris lowest stock price was $87.23 and its highest was $128.22 in the past 12 months.
What is Philip Morris’s market cap?
Currently, no data Available
When is Philip Morris’s upcoming earnings report date?
Philip Morris’s upcoming earnings report date is Oct 22, 2024 which is in 31 days.
How were Philip Morris’s earnings last quarter?
Philip Morris released its earnings results on Jul 23, 2024. The company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.569 by $0.021.
Is Philip Morris overvalued?
According to Wall Street analysts Philip Morris’s price is currently Undervalued.
Does Philip Morris pay dividends?
Philip Morris pays a Quarterly dividend of $1.35 which represents an annual dividend yield of 4.3%. See more information on Philip Morris dividends here
What is Philip Morris’s EPS estimate?
Philip Morris’s EPS estimate is $1.82.
How many shares outstanding does Philip Morris have?
Philip Morris has 1,554,801,500 shares outstanding.
What happened to Philip Morris’s price movement after its last earnings report?
Philip Morris reported an EPS of $1.59 in its last earnings report, beating expectations of $1.569. Following the earnings report the stock price went up 2.182%.
Which hedge fund is a major shareholder of Philip Morris?
Among the largest hedge funds holding Philip Morris’s share is Viking Global Investors LP. It holds Philip Morris’s shares valued at 1B.
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Philip Morris Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$130.57 (8.10% Upside)
$130.57 (8.10% Upside)
Blogger Sentiment
Bullish
PM Sentiment 95%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 214.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.91%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
6.33%
Trailing 12-Months
Company Description
Philip Morris
Incorporated in 1847, the New York-based Philip Morris International, Inc. is a leading tobacco company that manufactures and sells cigarettes, tobacco, nicotine-containing products, smoke-free products and related electronic devices and accessories in over 180 countries. The company's most popular and best selling brand is Marlboro.
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PM Company Deck
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PM Earnings Call
Q2 2024
0:00 / 0:00
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PM Revenue Breakdown
63.50% Combustible tobacco products
35.63% Smoke-free products
0.87% Wellness and Healthcare
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PM Stock 12 Month Forecast
Average Price Target
$130.57
▲(8.10% Upside)
Technical Analysis
Best Analysts Covering PM
1 Year
1 Year Success Rate
21/22 ratings generated profit
1 Year Average Return
+13.04%
reiterated a buy rating 8 months ago
Copying Pamela Kaufman's trades and holding each position for 1 Year would result in 95.45% of your transactions generating a profit, with an average return of +13.04% per trade.
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