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NYSE:PM

Philip Morris International (PM) Stock Price, News & Analysis

$120.01
+1.03 (+0.87%)
(As of 08/21/2024 ET)
Today's Range
$118.96
$120.09
50-Day Range
$99.92
$120.01
52-Week Range
$87.23
$120.09
Volume
4.16 million shs
Average Volume
5.35 million shs
Market Capitalization
$186.56 billion
P/E Ratio
23.44
Dividend Yield
4.33%
Price Target
$109.80

Philip Morris International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
8.5% Downside
$109.80 Price Target
Short Interest
Healthy
0.59% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.58
Upright™ Environmental Score
News Sentiment
0.97mentions of Philip Morris International in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$3.30 M Sold Last Quarter
Proj. Earnings Growth
9.98%
From $6.41 to $7.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.92 out of 5 stars

Consumer Staples Sector

43rd out of 132 stocks

Cigarettes Industry

1st out of 5 stocks

PM stock logo

About Philip Morris International Stock (NYSE:PM)

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches. It also offers wellness and healthcare products. Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

PM Stock Price History

PM Stock News Headlines

Marlboro Cigarettes. Marlboro is a product of the Altria Group and manufactured by Phillip Morris USA.
Tobacco Giant's Shares Fall on EPS Miss, Lackluster Pouch Gains (PM)
Altria Group's shares fell after it missed EPS and revenue estimates. It increased nicotine pouch market share but not by much considering ZYN shortages.
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Philip Morris International (NYSE:PM) PT Raised to $130.00
7 Defensive Stocks to Buy as Investors Seek Shelter
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Company Calendar

Ex-Dividend for 7/8 Dividend
6/21/2024
Dividend Payable
7/08/2024
Last Earnings
7/23/2024
Today
8/21/2024
Next Earnings (Estimated)
10/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco
CUSIP
71817210
Fax
N/A
Employees
82,700
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$109.80
High Stock Price Target
$130.00
Low Stock Price Target
$86.50
Potential Upside/Downside
-8.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$7.81 billion
Pretax Margin
12.34%

Debt

Sales & Book Value

Annual Sales
$36.45 billion
Cash Flow
$7.52 per share
Book Value
($5.11) per share

Miscellaneous

Outstanding Shares
1,554,557,000
Free Float
1,552,536,000
Market Cap
$186.56 billion
Optionable
Optionable
Beta
0.58

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Key Executives

  • Mr. Jacek OlczakMr. Jacek Olczak (Age 59)
    CEO & Director
    Comp: $6.2M
  • Mr. Emmanuel Babeau (Age 57)
    Chief Financial Officer
    Comp: $3.53M
  • Mr. Frederic de Wilde (Age 57)
    President of South & Southeast Asia, Commonwealth of Ind. States and Middle East & Africa Region
    Comp: $3.33M
  • Ms. Stacey KennedyMs. Stacey Kennedy (Age 51)
    President of Americas Region & CEO of US Business
    Comp: $4.43M
  • Mr. Stefano Volpetti (Age 52)
    President of Smoke-Free Inhalable Products & Chief Consumer Officer
    Comp: $2.57M
  • Mr. Scott Coutts
    Senior Vice President of Operations
  • Mr. Frank De Rooij (Age 58)
    Vice President of Treasury & Corporate Finance
  • Mr. Michael Voegele (Age 51)
    Chief Digital & Information Officer
  • Mr. James R. Bushnell
    Vice President of Investor Relations & Financial Communications
  • Mr. Yann Guerin (Age 47)
    Senior VP & General Counsel

Should I Buy Philip Morris International Stock? PM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Philip Morris International Inc.:

  • Philip Morris International Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's stock price has been steadily increasing, reaching a new high of $113.68, reflecting positive investor sentiment.
  • Philip Morris International Inc. has a solid market capitalization of $176.22 billion, providing stability and liquidity to investors.
  • The company's price-to-earnings ratio of 22.11 suggests that the stock may be undervalued compared to its earnings potential.
  • Philip Morris International Inc. has a diverse portfolio of consumer staples products, which are known for their stable demand regardless of economic conditions.

Cons

Investors should be bearish about investing in Philip Morris International Inc. for these reasons:

  • Philip Morris International Inc. faces regulatory challenges and increasing scrutiny due to the nature of its products, which could impact future profitability.
  • The company's negative return on equity of 113.32% raises concerns about its ability to generate returns for shareholders.
  • Philip Morris International Inc. operates in a highly competitive industry with evolving consumer preferences, posing risks to its market share.
  • The stock's beta of 0.58 indicates lower volatility compared to the market, potentially limiting opportunities for aggressive growth investors.
  • Investors should consider the ethical implications of investing in a tobacco company like Philip Morris International Inc., as it may conflict with certain ESG (Environmental, Social, and Governance) criteria.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, August 7, 2024. Please send any questions or comments about these Philip Morris International pros and cons to contact@marketbeat.com.

PM Stock Analysis - Frequently Asked Questions

How have PM shares performed this year?

Philip Morris International's stock was trading at $94.08 on January 1st, 2024. Since then, PM stock has increased by 27.6% and is now trading at $120.01.
View the best growth stocks for 2024 here
.

How were Philip Morris International's earnings last quarter?

Philip Morris International Inc. (NYSE:PM) issued its quarterly earnings data on Tuesday, July, 23rd. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.57 by $0.02. The company's quarterly revenue was up 5.6% compared to the same quarter last year.
Read the conference call transcript
.

What is André Calantzopoulos' approval rating as Philip Morris International's CEO?

695 employees have rated Philip Morris International Chief Executive Officer André Calantzopoulos on Glassdoor.com. André Calantzopoulos has an approval rating of 86% among the company's employees.

Does Philip Morris International have any subsidiaries?

Philip Morris International subsidiaries include Productora Tabacalera de Colombia, Swedish Match (South Africa), Rothmans LLP, Lakson Tobacco Company Limited (Philip Morris International), Rocker Producuction AB, Compania Colombiana de Tabaco S.A.S., DIN Fabrika Duvana AD, and others.

Who are Philip Morris International's major shareholders?

Top institutional shareholders of Philip Morris International include Bank of New York Mellon Corp (0.85%), First Eagle Investment Management LLC (0.69%), Legal & General Group Plc (0.67%) and Ninety One UK Ltd (0.61%). Insiders that own company stock include Andre Calantzopoulos, Wilde Frederic De, Werner Barth, Massimo Andolina, Stacey Kennedy and Reginaldo Dobrowolski.
View institutional ownership trends
.

How do I buy shares of Philip Morris International?

Shares of PM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Philip Morris International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Philip Morris International investors own include Altria Group (MO), AT&T (T), AbbVie (ABBV), Coca-Cola (KO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Verizon Communications (VZ).

This page (NYSE:PM) was last updated on 8/22/2024 by MarketBeat.com Staff

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