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

2022-07-02 05:07:15 By : Mr. andrew xiao

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MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

Philip Morris International has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

According to analysts' consensus price target of $111.75, Philip Morris International has a forecasted upside of 12.1% from its current price of $99.72.

Philip Morris International has only been the subject of 1 research reports in the past 90 days.

Philip Morris International is a leading dividend payer. It pays a dividend yield of 5.06%, putting its dividend yield in the top 25% of dividend-paying stocks.

Philip Morris International has been increasing its dividend for 14 years.

The dividend payout ratio of Philip Morris International is 86.51%. Payout ratios above 75% are not desirable because they may not be sustainable.

Based on EPS estimates, Philip Morris International will have a dividend payout ratio of 82.92% in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend.

In the past three months, Philip Morris International insiders have not sold or bought any company stock.

Only 0.13% of the stock of Philip Morris International is held by insiders.

74.78% of the stock of Philip Morris International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings for Philip Morris International are expected to grow by 9.04% in the coming year, from $5.53 to $6.03 per share.

The P/E ratio of Philip Morris International is 17.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.03.

The P/E ratio of Philip Morris International is 17.25, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 14.69.

Philip Morris International has a PEG Ratio of 3.64. PEG Ratios above 1 indicate that a company could be overvalued.

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7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Philip Morris International in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Philip Morris International stock. View analyst ratings for Philip Morris International or view top-rated stocks.

7 Wall Street analysts have issued 12-month target prices for Philip Morris International's stock. Their PM stock forecasts range from $100.00 to $120.00. On average, they predict Philip Morris International's share price to reach $111.75 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View analysts' price targets for Philip Morris International or view top-rated stocks among Wall Street analysts.

Philip Morris International's stock was trading at $95.00 at the beginning of the year. Since then, PM shares have increased by 5.0% and is now trading at $99.72. View the best growth stocks for 2022 here.

Philip Morris International is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022. View our earnings forecast for Philip Morris International.

Philip Morris International will be holding an earnings conference call on Thursday, July 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Philip Morris International Inc. (NYSE:PM) announced its earnings results on Thursday, April, 21st. The company reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.08. The firm earned $7.75 billion during the quarter, compared to the consensus estimate of $7.43 billion. Philip Morris International had a negative trailing twelve-month return on equity of 110.49% and a net margin of 10.97%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the company posted $1.57 earnings per share. View Philip Morris International's earnings history.

Philip Morris International announced a quarterly dividend on Friday, June 17th. Stockholders of record on Friday, July 1st will be given a dividend of $1.25 per share on Friday, July 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date is Thursday, June 30th. View Philip Morris International's dividend history.

Philip Morris International(NYSE:PM) pays an annual dividend of $5.00 per share and currently has a dividend yield of 5.06%. PM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Philip Morris International has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Philip Morris International is 86.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Philip Morris International will have a dividend payout ratio of 82.92% in the coming year. This indicates that Philip Morris International may not be able to sustain their current dividend. View Philip Morris International's dividend history.

Philip Morris International announced that its Board of Directors has initiated a stock buyback program on Friday, June 11th 2021, which allows the company to buyback $7,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Philip Morris International issued an update on its FY 2022 earnings guidance on Thursday, April, 21st. The company provided earnings per share guidance of $5.350-$5.460 for the period, compared to the consensus earnings per share estimate of $5.890. The company issued revenue guidance of -.

695 employees have rated Philip Morris International CEO André Calantzopoulos on Glassdoor.com. André Calantzopoulos has an approval rating of 86% among Philip Morris International's employees.

Some companies that are related to Philip Morris International include British American Tobacco (BTI), Altria Group (MO), Swedish Match AB (publ) (SWMAY), RLX Technology (RLX), Vector Group (VGR), 22nd Century Group (XXII), BOTS (BTZI), Electronic Cigarettes International Group (ECIGQ) and White Fox Ventures (AWAW). View all of PM's competitors.

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

Philip Morris International trades on the New York Stock Exchange (NYSE) under the ticker symbol "PM."

Philip Morris International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.00%). Company insiders that own Philip Morris International stock include Andre Calantzopoulos, Drago Azinovic, Louis C Camilleri, Marc S Firestone, Marian Salzman, Mario Masseroli, Martin G King, Stacey Kennedy and Wilde Frederic De. View institutional ownership trends for Philip Morris International.

PM stock was acquired by a variety of institutional investors in the last quarter, including Park National Corp OH. View insider buying and selling activity for Philip Morris International or or view top insider-buying stocks.

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

One share of PM stock can currently be purchased for approximately $99.72.

Philip Morris International (NYSE:PM) has a market capitalization of $154.58 billion and generates $82.22 billion in revenue each year. The company earns $9.11 billion in net income (profit) each year or $5.78 on an earnings per share basis.

Philip Morris International employs 69,600 workers across the globe.

Philip Morris International was founded in 2008.

Philip Morris International's mailing address is 120 PARK AVENUE, NEW YORK NY, 10017. The official website for Philip Morris International is www.pmi.com. The company can be reached via phone at (917) 663-2000 or via email at [email protected] .

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